Hefty Growth & Affordability Define the Real Estate Market of Pune
Real estate could be a tricky business and with new projects being launched every other day, it is difficult for developers to keep up with the competition. In India, property market keeps fluctuating and leaves builders in confusion over the exact market condition. Metropolitan cities in India have developed a lot since the past few years and with new projects lined up; these cities are going to become a real estate hub. One of the cities is Pune, which is on a road to become a real estate paradise in a few years.
The advent of realty sector in Pune started off after the depression of 2008 when each and every metro city was planning their revival strategies. residential projects in pune Driven by the establishment of IT sector and strong economic growth, Pune has a thorough structure that defines its performance in the real estate market. The city has been clocking a momentous growth and heavy investments that are building its future. Talking about the first quarter (Q1) of 2016, the city’s performance in real estate sector has been impressive.
Housing sector to take charge
Pune has witnessed a large amount of new launches since the past six months and is continuing to do so with increasing demands. Whether it is a commercial property or an affordable housing real estate, Pune has a wide variety of properties to offer. Needless to say, luxury flats in pune kicked out with fairly profitable deals and is also expected to continue with this expansion in the near future as well. After the city was selected among the Smart Cities of the country, it has picked up pace and emerged out as a realty heaven in terms of price and proportions.
While the commercial sector is still going strong in the city, housing sector has brought a large number of investments recently. It is because of the fact that the city is not shy in offering luxurious and affordable properties and has been bullish about the same. Since the time Pune got approval to build luxurious properties, it has not stopped building posh penthouses and enormous apartments to impress buyers.
What lies ahead?
Having built a large number of properties in every segment, real estate in Pune is already alive and kicking. With this rapid development, it would not be tough to guess the city’s upcoming ventures. Pune’s real estate market has been the talk of the town due to its stable performance and increased supply with little or no unsold inventories. Hence, with such brilliant infrastructure, there is not much that the city has not achieved.
As compared to other major cities of India, Pune is expected to showcase a relatively higher capital growth in the coming years. Furthermore, serviced apartments in pune the metro project is also going to bring easy connectivity to the other areas of the city. 
These ultra-modern amenities with high-end buildings have been giving Pune an edge over other markets currently in trend right now. Just like Delhi-NCR, once the metro facilities are operational and available for the masses, real estate in Pune is expected to become irresistible for buyers and developers at the same time.
