Pune Real Estate trends in 2018

  • Posted by: Namrata Group
  • 11th February, 2018

Real Estate Trends

Pune Real Estate trends in 2018 / How does Pune Real Estate look ahead in 2018

To cut to the chase, 2018 looks more promising for the sellers as well as the buyers in comparison to the previous 2-3 years.

Demonetisation, GST, Pradhan Mantri Awas Yojana (PMAY) and RERA have all helped instil the lowered confidence in the investor and the buyer section. By introducing a way for more transparency, these amends in the real estate market have boosted the investment opportunities and growth prospects for the realtors. The potential buyer segment has started to relook at the market with a more informed outlook.

It is strongly believed that the effect of RERA will continue to positively impact the residential segment in Pune. Developers are less likely to deviate from timely delivery of ongoing projects as well as become more flexible on pricing and payment structures; thereby, promoting real estate sale-purchase activity.

Where we saw a major slack in the market in 2016, it was followed by consolidation of the effects of all the new policies and regulations. Hence, 2018 only looks more promising than ever.

With this kind of rationalisation in the market accompanied by the support of PMAY, the affordable housing sector will see a positive traction. The demand for budget homes might spike considering the changing market trends. But 2BHK and 3BHK still continue to pull investors.

 

5 replies on “Pune Real Estate trends in 2018”

Thank you so much for such a good blog. it was really helpful and indeed informative enough to understand ongoing trends in real estate market of Pune. All the effect of GST and demonetization was well covered and explain what it did caused.
Also there is been a real hunting going on for perfect housing search for family in various part of Pune, also finding home away from Mad rush of Pune life is felled.
There are numerous project going on in outskirts of Pune such as Hinjewadi
If someone is searching for a well located home in Hinjewadi then Pride Purple Park Connect Residential Apartment is a great choice to make.

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