Pune, being one of the most popular metropolitan cities of India, has been the dream destination of a host of native real estate investors from several parts of India as well as the NRIs for a long time. As a matter of fact, real estates builders Pune encourages the investors to invest in the real estate properties as a result of a wide range of exceptional features the city has to offer. These include constant Return on Investment over the past and next few years, enhanced job opportunities, revised physical and social framework, low-priced residential living accommodations, ultimate knowledge hub etc. With that being said, it is a bitter fact that the city center is now out and out clogged for space. That is why all upcoming residential projects in Pune have started to take place on the outskirts of the city. A multitude of construction projects is fast taking place in the suburban areas of the city to suffice the needs of the upmarket consumers.
Practically because of having no additional space available in the downtown Pune, all new upscale potential homeowners are fast tending to settle down in Pune's suburbs to enjoy a serene lifestyle. Although Kharadi, Koregaon Park, Magarpatta, Keshav Nagar etc. are deemed the principal sites in the downtown Pune for real estate investment but due to the lack of space and exorbitant price rates, suburban sites such as Kothrud, Aundh, Baner, Kondhwa and Viman Nagar have become a rage for real estate development company in pune as well as investors.
The highlight of these new residentialareas in Pune is that potential real estate owners not only get sumptuous apartments at lower costs but they are also a bit far from the hue and cry of the downtown city. Certain new property projects in Pune are targeted at the investors instead of the purchasers. In particular, the new launching projects rapidly turning up on the outskirts of the city are considered as a down-to-earth investment option for Non-Resident Indians (NRIs), upscale buyers and local investors.
Pune's residential projects are believed to offer attractive Return on Investment (RoI). Moreover, real estate price rates on the fringes of the city are relatively more affordable than the suburban rentals in other leading Indian metro cities such as Mumbai, Chennai, Calcutta, Delhi and Bangalore. However, the high spot about Pune apartments is that they typically have very high rental rates, which is a boon for the investors. Whatever it is, Pune is increasingly becoming a prime preference for the most number of interested home-seekers, real estate investors and dealers.