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18.12.11

Pune Real Estate Overview


Pune Real Estate Overview



Pune Real Estate Overview

By Jyotika Joe




Pune is one of the fast growing cities in terms of real estate in India. Its culture is a mix of the heritage of the place with modernization. There are many well known educational institutes located here like IUCAA, FTII and the National Defence Accademy, as well as the major software companies like Infosys, IBM, Wipro, etc.

The climate of Pune as well as the fact that Mumbai is at a close distance from here, makes it the best place to live or do business. It is calculated to have almost 40 percent of the green coverage in India. Due to the ideal conditions mentioned before, the city has a population of around seventy five lakhs and offers a lifestyle unparalleled by the other metro cities in India.

Pune always had its base in cultural traditions, the main center for education and home to the largest IT industries. The history of the city has helped in making it grow and adopt the new technologies and the knowledge that the industry offer. The fact that Mumbai is just a few hours away from Pune makes it the manufacturing center for the Mumbai based businesses.

Pune real estate has grown faster and to a great level as compared to the other cities of India. The growing rate has multiplied in all parts of the city, including the suburbs and the neighboring areas which are used for real estate purposes. The city has become a single urban zone involving the two largest municipal corporations; Pune city and Pimpri-Chinchward acting as twin cities.

Due to the increasing popularity of Pune with the software industries, the infrastructure of Pune is getting better and better and becoming Maharashtra's leading industrial city. With low rates of interest in the banks, fixed deposits, stock markets variation and the huge returns on mutual funds; the Pune real estate investment is gaining popularity again. The increase in the Pune real estate market has been further accelerated with the government of India allowing 100 percent FDI in the construction and development sectors.

Pune real estate is coming out as a favorite place for investment and the city is looking forward to growth in the commercial real estate development. The prices of lands have been reaching the sky. The most commonly found hoardings say 1/2/3 BHK flats. Classy malls, posh residential buildings and complexes, large multiplexes and 5-star hotels have come up in the city.

Jyotika provides detailed information about Pune Real Estate. If you are searching for more and more information related to Business in Pune then you will get that through Pune Yellow Pages




Article Source: http://EzineArticles.com/?expert=Jyotika_Joe


http://EzineArticles.com/?Pune-Real-Estate-Overview&id=4362909







6 comments:

Buy Apartment in Noida said...

Building Developers in India has created very favourable enviornments for foreign investers as well as domestic investors.The builders as well as consumers promises to set to usher the gold rush of realty.

Daily Pune News said...

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Asset Line said...

It can become so nice post and also the city has become a single urban zone involving the two largest municipal corporations; Pune city and Pimpri-Chinchward acting as twin cities and this is nice way for all time i am so inspired here.
Thanks for sharing....


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Ajay Oswal said...

nice article. i like it very much. keep on updates

office rental in pune

realestate said...

properties in pune have shown a sharp rise in few years....it's good if we look at it from builders perspective and nt frm the buyers perspective.

http://www.groffr.com/pune-property/life-republic-hinjewadi-kolte-patil/p-1084

realestate said...

thanks for sharing this information.

keep on updating us on the same.

http://www.groffr.com/pune-property/life-republic-hinjewadi-kolte-patil/p-1084

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