Realty Outlook for Pune

Kunal,

22nd January 2015

Real estate News in Pune

rbi

fdi norms

pwc

properties for sale in hinjewadi

real estate trend in pune

properties for sale in pune

hinjewadi it park

properties for sale in balewadi

property prices in pune

realty outlook for pune

eiffel developers and realtors ltd

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Replies (8)

Hi,
Appreciate all response, Could anyone tell me what is the new updates of realty market in Pune, I am looking for 2 BHK unit in Pune in coming years.

Rithwik D, Pune

30th December 2015

Comment

Pune's emerging realty pockets have great progress expertise in phrases of appreciation. These upcoming areas are hot choice for traders as good as for homebuyers; with massive land parcels on hand for development at competitive charges as compared to present or already developed places.

Gautam G,

30th December 2015

Yes Gautam, I would like to add few more point that the Pune, being an IT and manufacturing hub, the demand for customised luxury homes has outstripped its delivery in areas like Baner and Bavdhan. Property prices in Pune have visible a regular cost of appreciation over a period of time.

Rohit Marathi, Pune

30th December 2015

Various growth factor of residential real estate market in Pune as:
1. Good connectivity with the city.
2. ever-improving infrastructure and affordability benefits.
3. double-digit price appreciation

Gautam G,

30th December 2015

Probably the most areas, which had been seeing good demand and appreciation, comprise Undri, Manjri road and Dhanori underneath Pune Municipal company (PMC), and Charoli and Punavale under Pimpri-Chinchwad Municipal company (PCMC) limits

Priyadarshini, Pune

30th December 2015

Yes Govinda,
This initiative by the RBI indicates lower-than-expected inflation. With this move, the year 2015 will see growth led by investments, which as a result growth for the real estate sector as well.

Besides, the changed FDI norms, which allow an investor to exit on completion of the project or after 3 yrs. from the date of final investment will open up new way for the Real Estate sector. The minimize commitment and risk involved in dealings will encourage foreign investors to provide funding for starting projects in India.

Puneet Laskar,

24th January 2015

Comment

Well Puneet,
PWC's latest report indicates that India will observed an increased economic growth, and the dismissal of barricade to FDI will provide momentum to the demand for construction over the coming 12 – 18 months. People are optimistic that Pune too will ride this growth wave.

The RBI rate that has been cut by 25 bps from 8 % to 7.75% and the reverse repo rate which has been minimize to 6.75% from its earlier rate of 7% is definitely a pleasant news for the real estate sector.

Govinda,

24th January 2015

Comment

The yearly rise or fall in the demand for property is probably to be wrongly read as an indicator of a strong or weak market. We must remember that the demand and supply of a commodity, or in this case, property is effected by a number of factors like the economic growth, market sentiment, the interest rate, income growth, etc.

Puneet Laskar,

22nd January 2015

Comment

Property prices in Pune which have been increased by 15-25% and land rates which have been increased by (20 -100)% may have a wait-and-watch impact on home buyers which will as a result affect the real estate sector in Pune.

It is the private housing sector that is seenas a key growth area by the PWC report. This year, in the mid-end segment, values appreciated in the range of 610% in Aundh, Wakad, Balewadi, while there was a Y-O-Y price growth of 10-20 % in the premium segment.

Govinda,

22nd January 2015

Comment

Yes Govinda.
Realy prices in Balewadi are expected to grow by 20%. As it has proximity to the Hinjewadi IT Park, It is one of the developing real estate areas of Pune. With proper planning of the area by the authorities, the area is now listed among upmarket residential locations in the city.

Puneet Laskar,

22nd January 2015

Comment

Hi Puneet,
The ideal locations to own a home in Pune is Balewadi. The reasons for this increase is quite simple. The progress in the employment opportunities that have been thrown open due to fast growth of its IT/ITeS and manufacturing sectors in and around the city has resulted in a significant boom in real estate development with a beating y-o-y double-digit growth in the number of people migrating into the city in search of attractive hopes.

Govinda,

22nd January 2015

Comment

Fast urbanization in the city has made Pune an IT hub which means an inflow of young and desiring individuals migrating to the city from all over the country. Increasing property rates along with the rising demands of the alternative consumer, Pune head to serve to their needs.

Puneet Laskar,

22nd January 2015

Comment