Pune,
marks the second rank after Bangalore in terms of real estate market.
Disregarding the varying economy of real estate market, the city has
achieved a position which cannot rattle the mark it has attained in
years. Considering Metro cities of India, Pune's market is much more
stable and better performing with time. According to the survey taken
recently, there is a decline in the growth of Delhi-NCR region and
Mumbai also, but Pune maintained it's position safely and due to this
investors had a assured returns on houses on an year-to-year basis.
The
city is continually evolving and is working on the demands of
investors and residential projects. The ongoing rate according to the
survey is calculated to be around 5053-8782
per square-feet depending on the type of property projects. Various
research agents have given their statistics that Pune has been one of
the best performing cities in the real estate's market for the past
two years. Consequently in years, Pune has become one of the safest
and the most promising property investment city in the country. The
four pillars of the real estate market, namely residential, retail,
commercial and hospitality are well imbibed into the city roots,
which makes this city as the most wanted by IT/ITeS professionals to
make a career living in this city. It is also a destination for
people who are looking for retirement options or wants to spend their
life peacefully and calmly. Pune is becoming the powerhouse of
potential in the real estate market and will continue to grow its
roots deeper into the market and emerge as India's top real estate
market.