With low rate of interest in banks, fixed deposits, ups and downs of stock markets and plunging returns on mutual funds, Pune real estate investment is in the limelight again. The growth in real estate sector is ongoing even into the year 2006. This boom in Pune real estate market has further accelerated with the decision of the Government of India to allow 100% Foreign Direct Investment (FDI) in the construction and development sector.
Pune real estate is emerging as a new hotspot and the city may see the biggest growth in commercial real estate development and demand in the coming year. The extraordinary
demand for land has sent the prices soaring. The most
|
common hoardings that dot the city is likely to read "1/2/3 BHK flats available for IT professionals". Swanky malls, plush residential complexes, large multiplexes, and world-class hotels have come up in large numbers in Pune these days.
Pune has totally transformed itself into a Silicon Valley. The Kharadi-Kalyani Nagar belt has undergone dramatic transformation and is unrecognizable. The Pune real estate agents are convinced that there is enough demand for high-end residential units and this makes them design projects with global partners to bring in the best technology and amenities to cater to the demands of the prospective buyers.
|
Karte Indiens