There are many reasons why there is a higher demand for Properties in Pune. You may have read in many newspapers and magazines how fast the city is growing now days. Yes, the city is growing very fast and so there is a greater and increased demand for Pune Properties. This is true and before you decide to invest or to settle in any other city you should know how this city will suit your dreams and desires.
You might have noticed the close and prime location of the city. It is very close to Mumbai which is known as the commercial capital of the Subcontinent. Though primarily the growth of Real Estate in Pune was due to its closeness to the Metropolitan, currently it has become self-reliant. The industrial and commercial development paved the way for its self- reliance. You will now be able to enjoy better life in the city where vast number of job opportunities is waiting for you.
Yes, now the city has become capable of providing ample job opportunities to the people of all professions and classes. Thus even the top-end and high class people also prefer to settle in the city now. As a result they seek any good residential Properties in Pune where they will be enjoying a life of comfort and convenience. Still the city feels that there is a higher demand for affordable homes.
If the suggestion of Union Housing Minister Ajay Maken is taken in to consideration, then there is a possibility that the FSI in the city will be reviewed and revised. It will permit the builders to build more skyscrapers in the city. The property prices will also be brought low and more affordable homes will be provided to the people here. However this will boost the Real Estate in Pune as a whole.
Once the taller construction is permitted and the builders are up with their tall residential projects the city will be all more affordable. In fact now the Pune Properties are affordable or even more affordable in comparison to many other cities of India. Affordability is one of the main attractions of the city and mostly people prefer Pune to many other top cities of India only because of its affordability.
However; due to the higher demand for Properties in Pune, the affordability is being shaken now. The property prices; improving value appreciation, are rocketing day by day in the city. If the situation goes on like this, in a couple of years’ time Pune Properties will be no more affordable to any middle class man. Satirically saying this unaffordability would be the main thing which the property investors are waiting for; to reap a good harvest from their investment in Real Estate in Pune.
You might have noticed the close and prime location of the city. It is very close to Mumbai which is known as the commercial capital of the Subcontinent. Though primarily the growth of Real Estate in Pune was due to its closeness to the Metropolitan, currently it has become self-reliant. The industrial and commercial development paved the way for its self- reliance. You will now be able to enjoy better life in the city where vast number of job opportunities is waiting for you.
Yes, now the city has become capable of providing ample job opportunities to the people of all professions and classes. Thus even the top-end and high class people also prefer to settle in the city now. As a result they seek any good residential Properties in Pune where they will be enjoying a life of comfort and convenience. Still the city feels that there is a higher demand for affordable homes.
If the suggestion of Union Housing Minister Ajay Maken is taken in to consideration, then there is a possibility that the FSI in the city will be reviewed and revised. It will permit the builders to build more skyscrapers in the city. The property prices will also be brought low and more affordable homes will be provided to the people here. However this will boost the Real Estate in Pune as a whole.
Once the taller construction is permitted and the builders are up with their tall residential projects the city will be all more affordable. In fact now the Pune Properties are affordable or even more affordable in comparison to many other cities of India. Affordability is one of the main attractions of the city and mostly people prefer Pune to many other top cities of India only because of its affordability.
However; due to the higher demand for Properties in Pune, the affordability is being shaken now. The property prices; improving value appreciation, are rocketing day by day in the city. If the situation goes on like this, in a couple of years’ time Pune Properties will be no more affordable to any middle class man. Satirically saying this unaffordability would be the main thing which the property investors are waiting for; to reap a good harvest from their investment in Real Estate in Pune.
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