Pune has emerged as a very lucrative real estate option in the recent years. Investing in apartments in Pune is quite a favorite among investors since the market has been growing steadily and surely. There are several contributing factors to this growth –
Pune has developed by leaps and bounds. The infrastructure is being developed at a great pace. There are already two metro lines being constructed and a third one coming up too. The government has also put in money to improve the transport and traffic systems. All this has resulted in boosting the real estate market as well.
A primary reason for people investing in apartments in Pune is the demand for homes, especially for rent. There is a huge influx of young generation – especially students and people beginning their careers – in Pune. Hence, many people invest in properties and give it for rent. It’s a win-win situation since not only do you have an investment that is bound to give you good returns in the long run, but you also get good rental income.
A cost of a 2BHK in Pune is much lesser than that of Mumbai. Hence, many people from Mumbai prefer to invest in apartments in Pune rather than Mumbai since it makes for a more practical and a profitable decision.
The emerging IT sector in Pune has led to a huge demand for housing projects. It has big companies like Infosys, Congnizant, Wipro and many more.The availability of good jobs has made Pune a hot spot for migration. Thus, new projects are also coming up in Pune to meet the high demand.
If you are planning to invest, then apartments in Pune are a safe and lucrative bet.
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