Pune is one of the fastest growing cities in the Asia-Pacific region. It is also known as the cultural capital of Maharashtra. Property in Pune has recently attracted foreign investors due its face lift and infrastructure development proposals. It is the ninth most populous city in India and Pune property has attracted end users as well as investors due to its high price growth in recent years.
Property in Pune is one of the preferred choices of working professional as the city has emerged as an IT/ITES hub with multinationals such as Tata Consultancy Services, Accenture, Infosys, etc located here.
Recently, investors are looking for good options as Pune property has integrated townships, mixed use developments, etc.
Here we list some projects to invest in plots in Pune:
1) FDCC Lorie Valley:
FDCC Lorie Valley is located in Kamshet, one of the highest return localities in Pune property. The project is in a pollution free environment and gives you all modern amenities under one roof. The project lavishly sprawls in 50 acres and offers plots in 6 different sizes. The super built-up area of the flats is 2,690 sq. ft., 2,999 sq. ft., 3,644 sq. ft., 4,605 sq. ft., 5,796 sq. ft. and 10,784 sq. ft. respectively.
The project comes with a very low price Rs. 250 per sq. ft. which is lower than the price of locality Rs. 725 per sq. ft. This makes the project in property in Pune a lucrative deal for investors, also the price of the residential project has appreciated to 120 % in the last 24 months.
2) Rajmudra Properties Indeevar:
The project is located in Nasrapur, Pune which is one of the upcoming residential localities here. The cheaper land rates here have attracted real estate developers to come up with residential projects in Pune property. The project lavishly spreads in 200 acres and offers plots in two different sizes that is 11,000 sq. ft. and 22,000 sq. ft. The project comes with very low price Rs. 225 per sq. ft. and has witnessed a price appreciation of 97.4% in the last 24 months.
Property in Pune is definitely a great choice to invest in for short term gains on investment. Pune property has witnessed heavy price growth and its connectivity with Mumbai is a boost factor.
Property in Pune is much more affordable as compared to property in Delhi and National Capital Region.
Pune property is attracting young investors in a great deal.