Property in Pune

Pune is Maharashtra’s second largest city with a massive presence of IT software companies and Automobile majors besides being a big hub for higher education. Known as the Queen of Deccan, Pune is expanding economically with a thriving real estate sector in hand. Commercial and residential properties are in good supply for sale, lease and rentals.

Pune’s residential projects are mostly concentrated at the north-western and south-eastern side in places like Baner, Aundh, Balewadi, Hadapsar, Kharadi and Nagar Road. Many privately-managed commercial townships like Magarpatta and Amanora are coming up in Pune.

According to a Real estate agent, “The attraction of Pune properties is that they are affordable unlike the unimaginable costs in Mumbai properties market. Senapati Bapat Road is one of major commercial hub in Pune dotted with offices of top IT firms. Satara Road is famous for engineering colleges. These are turning centers of commercial establishments and investing in their real estate can be very lucrative.

Luxury Apartments, Deluxe Villas and Housing Complexes are the upper end in Pune Residential properties. Leading builders such as Omaxe, City Development Corporation, and Vatika are active in this niche market. 'Waterfront' from Panchshil Realty, for example, stands out for its unique features and the apartments overlook an expanse of the riverfront with a bird sanctuary.

Pune developers are pampering customers with lot of amenities like air-conditioning, concierge facility, maintenance facility, high-end finishes, health club, swimming pool, gardens, and club house, back up for lifts, staircase, lobbies and terrace garden. To lure NRIs, Californian style bungalows, Row houses and Apartments are coming up at a 3 million sq. ft plot at Wakad region in Pune. Recently, a Pune Property Show was held in Dubai where builders BEPL, Bramhacorp Infrastructures, Amanora, Prime Purple, Alcon Builders, Anshul Realties, G-Corp Properties, and IBT Realty etc showcased Pune-based projects.