Pune's Growing Real Estate Market

Pune is India's fastest growing Industrial and IT automation sector.

The city has witnessed massive growth in the last few years in the real estates and properties segment and is still continuing the same trend. It is said that Pune in future is to be seen as Benchmark for developing business centre. Other than it's major counterparts like IBM, HP, Wipro etc. there are lots of small companies too. Moreover Mumbai's proximity and well developed business centre has proved to be one big advantage to pune. Due to the over-crowded population of Mumbai, many buisness heads are heading for pune as their top notch location. According to Gary Garrabrant, chief executive officer of Equity International, a real estate development firm, companies are on the look out where there is Scope for development and low capital market. Cities that are Smaller in Size & suitable for development are what attracts business heads as compared to those that are over populated as well as polluted. Lack of Basic infrastructure, Communication barriers (english - being the primary language of foreign investors) & lots of corruption have led to the exclusion of many a developing cities. Considering the impact of city's social environment and life culture, more and more people all over India and World are migrating to Pune. Investing in real estates in Pune and areas surrounding Pune, is worth taking a chance as it has certainly been investors delight. Indians and NRI's looking forward to have secured returns on their investments can certainly look towards to invest money in Pune. Few Hot areas of investments in real estates in Pune could be buying service apartments, open plots or flats/apartments in the most upcoming areas in Pune. Some of the fastest upcoming real estate locations of Pune are NIBM, Hinjewadi, Kalyaninagar, Aundh, Bund Garden, Vimannagar and Koregaon Park.
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