The Pune real estate market is expanding like never before. With the Govt. pumping money into infrastructure development, and huge MNCs making investment decisions, property investment in Pune has leaped. Excellent climate, well-developed infrastructure with endless academic and job opportunities, and reasonable cost of living have made Pune rank amongst the most livable cities of the works, year after year. All these put together, plenty of MNCs, and a blooming industrial hub- the future of Pune investment is what you should be looking for.
The city is home to several companies in different sectors: IT, manufacturing, automobile, etc. In a landmark investment decision, CLI, CapitaLand Investment (headquartered in Singapore), and its joint venture partner MIDC, Maharashtra Industrial Development Corporation, planned to sell their stake in Ascendas IT Park in Pune to CLINT, CapitaLand India Trust. The deal is at around ₹1,350 crores. Currently, CLI holds a 78.5% stake and MIDC 21.5% in Ascendas IT Park.
Ascendas IT Park is the owner of the ITPP-H, International Technology Park in Pune’s Hinjewadi. ITPP-H is an IT special economic zone developed around TCS, Infosys, and Synechron Technologies office areas.
Such an international investment in Pune has brought an upsurge in the real estate prices & lifestyles of Punekars. The migrant population of Pune has enhanced the traditional way of life of the Punekars. The presence of several MNCs in the city has brought about a drastic shift in the lifestyle of city dwellers. With large disposable incomes to spare, the ex-pats and the high-income groups experience world-class residential projects live at with premium amenities & facilities. You get anything and everything in Pune and for people from all walks of life.
Pune is a preferred choice amongst homebuyers, locals, and ex-pats alike. The range of properties ranges from premium to affordable; there is something for anyone. If you wish to invest in Pune, here are some areas and projects from Namrata Group, one of the best and most trusted builders. You can consider this as your top option for real estate investment.
Also check - 13 Theories of Investment in Real Estate
Hinjewadi has been the center of all IT action in recent years, and it continues to be. Hinjewadi is a flourishing Pune suburb. The CLI and MIDC deal with CLIENT will make CLINT a proud owner of another IT park to the existing eight IT parks under its belt. Hinjewadi is home to a diverse range of apartments for you. A well-developed infrastructure and proximity to employment hubs make Hinjewadi one of the best places to invest in Pune.
Hinjewadi’s high-end residences, like 32 Pinewood Drive, provide homeowners with cutting-edge amenities. These luxury flats are available in 2 and 3-BHK configurations.
Another project in 1 and 2 BHK configurations is Unnati at Hinjewadi-New PCMC. The beautiful landscaping and affordability are the factors that make it a perfect buying option for many.
Baner & Balewadi is one of the finest residential Pune suburban areas. Well-developed infrastructure and a good mix of residential and commercial setups make it one of the reliable belts in Pune for investing.
Set amidst beautiful landscapes is a luxury project Altura Hills in Baner, quite popular among homebuyers. Offering 2 BHK smart homes, the amenities are best-in-class. The project enjoys panoramic views, a delight for the city-dwellers.
43 Privet Drive is a sought-after project offering homes in 3 BHK configurations. Replete with modern amenities and a contemporary lifestyle, this upscale project is a homebuyer’s delight. Its excellent location makes it a good proposition for Pune investment.
Suggested read - https://www.namratagroup.com/blog/pune-real-estate-market-showcases-extraordinary-growth-as-compared-to-the-national-market-top-3-reasons-why/
Tathawade is an emerging residential location in Pune. It lies close to Hinjewadi, Wakad, in the center. It, thus, makes it simple to get around the city. Affordable property rates and a well-developed infrastructure makes this location an alluring investment bet.
Namrata Group is currently offering residences at 7 Plumeria Drive that are ready for occupancy. Available with 2, 3, and 4 BHKs, these large residences offer a variety of sporting amenities in addition to being outfitted with all contemporary conveniences and top-notch features. The best part being you can move into your abode right after you buy one!
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