Best Locations in Pune for Investment
Since last few years, Pune has become one of the prime cities for residential investment. Increased demand for residential has made builders in Pune come up with new good projects. The primary reason for such high demand for residential properties is the IT sector. Also to add, the current boom of the automobile sector and service industries is another reason for such hype.
Since the central region of the city has almost stretched its development potential, builders in Pune are now focusing on the other parts of the city. Fostering the growth especially in the western region of the city; they are now concentrating on the eastern region of Pune.
High number of migrants for job purpose from other city, setting up their base in Pune offers a robust market for rental property. A huge chunk of student population migrating from different parts of the country and even from abroad for studies has further added to such rental requirement.
Viman Nagar and Kalyani Nagar are the best locations in the city to invest in. Since the returns in terms of rent are extremely high here, people who pick up houses at these locations ultimately put it on rent. With a close proximity to the airport, railway station, entertainment and shopping malls, Pune-Nagar Road the area has the promising future. Also the nearby posh location of Koregaon Park is high on rental demand.
According to experts, rental values of 2 and 3 BHK apartment in Pune indicates that the up-market locality of Viman Nagar, Kalyani Nagar and Koregaon Park have witnessed the highest appreciation in rentals as compared to the areas like Camp, Senapati Bapat Road and Aundh. Hence, according builders in Pune, investing in a residential property in a strategic location with the purpose of renting it out is an excellent investment plan.
Such huge demand for rental residential apartments in the above area is fostered only by the IT sector, BPO population, the multinational companies as well as the top class service industries that have built their base in the city. However, these established areas have very few or little new offerings.
Naiknavare Developer's Mystique Moods is one of the best Viman Nagar properties. With a choice of 2 and 3 BHK luxurious apartments, the project has finest living amenities. This prime property at Viman Nagar would be the best choice if one is planning to invest in a residential apartment in Pune.
Since the central region of the city has almost stretched its development potential, builders in Pune are now focusing on the other parts of the city. Fostering the growth especially in the western region of the city; they are now concentrating on the eastern region of Pune.
High number of migrants for job purpose from other city, setting up their base in Pune offers a robust market for rental property. A huge chunk of student population migrating from different parts of the country and even from abroad for studies has further added to such rental requirement.
Viman Nagar and Kalyani Nagar are the best locations in the city to invest in. Since the returns in terms of rent are extremely high here, people who pick up houses at these locations ultimately put it on rent. With a close proximity to the airport, railway station, entertainment and shopping malls, Pune-Nagar Road the area has the promising future. Also the nearby posh location of Koregaon Park is high on rental demand.
According to experts, rental values of 2 and 3 BHK apartment in Pune indicates that the up-market locality of Viman Nagar, Kalyani Nagar and Koregaon Park have witnessed the highest appreciation in rentals as compared to the areas like Camp, Senapati Bapat Road and Aundh. Hence, according builders in Pune, investing in a residential property in a strategic location with the purpose of renting it out is an excellent investment plan.
Such huge demand for rental residential apartments in the above area is fostered only by the IT sector, BPO population, the multinational companies as well as the top class service industries that have built their base in the city. However, these established areas have very few or little new offerings.
Naiknavare Developer's Mystique Moods is one of the best Viman Nagar properties. With a choice of 2 and 3 BHK luxurious apartments, the project has finest living amenities. This prime property at Viman Nagar would be the best choice if one is planning to invest in a residential apartment in Pune.