Pune holds a magnetic charm due to its awesome weather, amazing cosmopolitan culture and buzzing life.
The city is also touted as the “Oxford of the East”, and is believed to be one of the top cities in the country to live in. The city is home to people of different values, who bring in a lot of cultural diversity. Pune is located in the western end of the Deccan plateau, hence called the “Deccan Queen”. The city appears as one of the fastest growing cities in India, not only in terms of development, but also as a tourist destination and educational hub. All these factors fuel the demand of property in Pune with increasing number people showcasing their interest to invest in the city.
Pune is no longer just a Pensioner’s Paradise; three factors defining the city’s increased demand in the real estate segment in recent times are – The growth of Information Technology, the massive spread of organized retail in the city’s ever changing demographics and the rapid growth of its industrial sector. In the recent years, Pune has observed defence, manufacturing and many other crucial sectors making it their headquarters, transforming it into a major business centre. Considered as one of the greenest cities of India, Pune has more than 40% of its area covered by greenery. With every passing day the face of Pune is changing and the infrastructure challenges are also increasing. Due to the increased number of upcoming projects and developments taking place in the city, Pune’s population is also rising. All these factors have led to an increasing demand of property in Pune.
Another significant change noticed is the demand for homes has shifted from basic to luxury apartments in Pune. With the presence of the various IT giants, blue chip companies & manufacturing sectors paying handsome salaries in Pune, aspirations of home buyers to lead a good life have also increased. So, with increasing purchasing power and higher income the demand for luxury apartments in Pune is growing.
Many leading business tycoons, corporate leaders, CEO’s of big companies and not to forget Bollywood celebrities are also increasingly showcasing their interest to buy luxury apartments in Pune. Rich people from all across the country as well as overseas have been making huge investment in luxury segment of Pune. The increasing trend of penthouses, villas have fascinated major chunk of the people.
Luxury homes are in high demand at present and many renowned developers across the city are offering wide selection of exclusive luxury homes in Pune’s most sought after and posh locations. These apartments, penthouses and Villas redefine the way luxury is perceived and offer residents’ a better and fuller living lifestyle. Home Automation, Plunge pools on private terraces and private spas, gyms, gazebo on the roof tops, home theatres in your apartment are some of the awe inspiring perks offered by the luxury segments. Moreover, the city makes an amazing holiday gateway with many quaint hill stations like Lonavala, Lavasa, Khandala, Mahabaleshwar and more located in the vicinity. Life feels like a celebration in these luxury apartments of Pune.