Migrants often move to Pune for education or to earn a livelihood as the city offers ample employment opportunities.
The city attracts people from all over the country as well as overseas. When searching for affordable flats in Pune, everyone has a different requirement. Pune has various housing options, from 1-BHK, 2-BHK and affordable housing to luxury housing. Property prices in prominent micro-markets in Pune, have also witnessed a decent increase over the years.
The demand for affordable flats in Pune is particularly from commercial IT hubs, due to the growth in IT jobs. Pune is well- known as one of the finest cities for a good lifestyle. It also has quite a convenient transport while commuting within the city.
The residential real estate segment in Pune has witnessed considerable demand. One of the reasons is that it has provided good returns on investment and beneficial rentals. Also, despite the general slowdown witnessed across other major cities, the real estate market in Pune has remained resilient, due to high demand from the IT sector.
Talegaon Dabhade, Hinjewadi, Rahatani, Tathawade are some of the best places for affordable flats in Pune. These areas have well-developed infrastructure, many hospitals, schools and entertainment hubs. These are good choices from an investment point of view too. These regions offer good potential for capital appreciation, as well as handsome rental income. Out of all suburbs mentioned above, Talegaon, Pune offers flats below 20 lakhs.
Considering all these reasons behind the upsurge of affordable flats in Pune, it is a smart decision to have a property in this city. Namrata Group a leading name in real estate property development has brilliant options for residential or commercial purposes. Happynest, Ecocity 2.0, Aikonic, Slim Tower, Life 360 Degree and 7 Plumeria Drive are some of the great choices to make.