Pune, a prime residential destination of India is considered to be one of the fastest growing residential city of India’s metropolitan area. Strategically located in Pune, Maharashtra, the city has grown considerably over the last few years. The progress in the area has driven the sales of ready to move residential properties thereby leading to growth to the cities residential market. Owing to the proximity and closeness to Biotech Parks, software parks, and other business enclaves, the city is witnessing a trend of corporate migration, hence adding to the growing demand for new projects in Pune. Additionally, the residential demand in Pune has risen due to several factors including good connectivity, proximity to giant IT/ITEs and various MNCs, marvelous infrastructure, availability of wide range of housing complexes, rapid urbanization, and the presence of various reputed commercial avenues. The scope of development has lured many house seekers, acting upon which many property developers have shown their interest in launching new residential projects which will be furnished with contemporary features and niceties.
In the area of connectivity, the region is way ahead as it is in propinquity to Mumbai-Bangalore bypass and Express Highway that connects it to Mumbai. These well-connected roads have made it comfortable for the residents to travel to the neighboring cities without facing any traffic related troubles. Additionally, seamless connectivity with Railway Station, airport, buses and various public transportation modes has added to the convenience of the residents.
Apart from the connectivity benefits, availability of modern day conveniences like schools, colleges, sports complexes and hospitals among others is another reason to invest in the existing residential units. In the area of infrastructure, the development of roads, water lines, and various civic amenities has played a pivotal role in making this locality an ideal place to invest and reside in.
Pune’s residential market thrives on the aforementioned positive notion and is highly preferred by the young professionals who look for suitably priced residential dwellings.
So if you are looking to invest in the residential properties of Pune, then try new villa projects in Pune as a lot of them are available in a modest price range.