Pune, famously known as the “Queen of the Deccan” is the only city with the 68 per cent growth in multi-tycoons which is the largest in India, keep on being a safe haven for real estate investment.
According to the research, Pune observes the biggest boom in multi-millionaires in the nation over the course of five years. The growth of well settled people can be specifically linked to the industries such as information technology, auto ancillary and the real estate. Apart from being an epicenter for the auto and IT industries, the city is additionally a hub for education. The city comprises of six universities; Pune University along with its 811 affiliated colleges, being the second biggest in India. It is also an abode to 600 functional centers of higher education, having a student population around 5 lakh.
Interestingly, the demand for house on rent in Pune is equally driven by students and professionals. Existence of prestigious educational institutions and Pune University draws in massive number of students to the city who then scout for rental houses all across the city.
After confirmation from the Pune real estate brokers, the city has so far been protected from any effect of the worldwide financial emergency. Investment in Pune properties of the medium and a long term run bodes well today. The townships offer the most secure and investment full opportunities.
A defined lower cost of living, an amazing weather, a small insular city which makes commuting easy, an intensely young upbeat crowd all count up to the Pune charm.
Apart from offering an endless choice of apartments with world-class infrastructure and cutting-edge resources, extravagance builders are performing their role in developing the consumer's lifestyle by outperforming desires in the residential property market. Either one is seeking an apartment, an independent home or a penthouse, each home flaunts leisure with a perfect blend of creative design, luxurious interiors and a wide cluster of amenities such as private landscaped terraces, coasting cabanas, private dive pools, state-of-the-art home automation, along with various sporting & lifestyle facilities. Pune real estate costs are on an upsurge with a capital climb of 25-30 percent yearly. Various zones have thrived to such a degree, that property costs have almost doubled. The cosmopolitan base of Pune has pulled in migrants from neighboring cities, which has held Pune rental markets in the fortnight. Residential properties are easily available for at cost effective prices.
Demand has skyrocketed for 1 Bhk flats in Vadgaon Maval. The townships also boast of a host of amenities that offer the residents a wholesome lifestyle. Besides being 'affordable', connectivity is considered to be the main contributer for its fast pace development. This is the primary reason for this location to gain popularity as a hub of 1 bhk flats in Vadgaon Maval.
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