Pune The Ultimate Real Estate Hub

Q: Hey, did you hear that Pune is turning out to be one of the ultimate real estate hub in recent times.

Priyadarshini, Pune

11th February 2014

Real estate News in Pune

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Pune Real estate News Real estate News in Pune

Replies (4)

Pune, the eighth largest city in the country, has recently seen a huge run up in prices, rising almost 35 percent since 2011 with the average price in the city rising from Rs 3800 to Rs 5100 per sq.ft. Prices have now stabilized at these levels. While Pune is performing better than other cities like Mumbai and the National Capital Region, it would be incorrect to say it is totally isolated from the overall realty slowdown.

Maya Roa, Apartment Resident, Chandigarh

26th February 2014

Comment

Hello Maya,
What is the price appreciation that i can expect in this year? Is it the right time to invest in a project? If i do invest will i get a good returns in coming years?

Rohit Marathi, Pune

6th March 2014

In fact the developers in these areas follow the updated city planning blueprint, which ensures open spaces, green cover, active social and civic infrastructure and wide roads. This means that they are in no danger of becoming clones of the inner city.

Aarti Bal Pathak, Pune

11th February 2014

Comment

Punes older city like Rastapeth, Shanivarpeth, Ravivar and Mangal are still lacking the basic infrastructure facilities and necessities. These places are already crampped with narrow roads and by lanes chocked with piling of vehicles leading to high pollution levels. Once upon a time these localities used to rule the real estate market in Pune, but things have changed completely in last 6 to 7 years.

Nitesh Patil, Pune

11th February 2014

Comment

Yeah Nitesh. Today, Pune is a thriving city which offers its citizens every benefit of modern life. The information technology revolution has not benefited the city's economy - it has also brought awareness about healthy, wholesome lifestyles as compared to a crowded inner city existence. This has finally led to a steady outward exodus, with Pune's newly emerging residential locations becoming the preferred areas.

Piyush Khoche, Pune

11th February 2014

Yes Priyadarshini,
Pune Real estate market is growing at a phenomenal rate in recent times. The property prices have picked up alarmingly and the trend is indicating a positive approach. It is such a good news for home buyers in Pune. In fact many residents are swiching to suburbs like Baner, Wakad, Undri and Wagholi which were concrete jungles a decade back.

Deepti Baragur, Pune

11th February 2014

Comment

Hmmm. In fact what you are saying is absolutely right. Since the city is not able to handle the overdose of growing population accompanied with pollution and traffic snarls, this has made many Puneites looking for properties in suburbs.

Sunil Kulkarni, Pune

11th February 2014