Reasons To Invest In Property And Real Estate In Pune

Once known as a haven for retirees, Pune today is the eighth most populous city of India. It has also been ranked as the “most livable city” in India owing to the following factors:

1. Top automobile and manufacturing hub of India
2. Second major IT hub of India
3. One of the 100 smart cities planned by the government for urban renewal
4. Close proximity to Mumbai
5. Metro infrastructure
6. Colleges and universities
7. Good climate all round the year
8. Many people across India are migrating to Pune for better career opportunities.
9. Correspondingly, the demand for rental accommodation is growing like a wave.

All the above conditions have triggered the demand for real estate in Pune. Besides, Pune is not as expensive as Mumbai; making property affordable for the masses. Areas such as Koregaon park and Shivaji nagar cost an arm and leg. These are already saturated. Buyers are looking at newly developed areas to invest in realty. Let’s have a look at these pockets in PCMC.

Chinchwad

Aishwaryam One mall is an inkling proving the pace at which Chinchwad is growing. You can invest in commercial real estate here. Dwellers in this pocket of the city are enjoying the advantages of visionary urban planning. It has become one of the most popular residential destinations. Chinchwad is now a hub of leisure zones, educational institutions and health care facilities.

Moshi

This growth corridor is coming up with constant infrastructure development. It’s proximity to Bhosari and Chakan: the industrial belt has boosted the realty market. Many big societies are being constructed here. Moshi is inhabited mostly by first home buyers. Property prices have doubled here in less than a decade. Visit Aishwaryam Hamara for affordable 1 and 2 BHK flats in Moshi.

Chikhali

Be rest assured for a roseate future with property investment in Chikhali. Currently, you can buy property for a song here. It is emerging as a well planned area again thanks to the industrial belt: saving commuting time for many. An investment here can fetch you rent with satisfactory escalation. Visit Aishwaryam Courtyard 2 and Aishwaryam Nivara at Chikhali to buy residential property in this locality.

Akurdi

Akurdi has expanded commercially multifold. It has an excellent physical and social infrastructure. This pocket of the city is favoured by end users for its high livability quotient. Property prices have mushroomed tremendously in Akurdi. Consequently, the rents have also rolled up. Aishwaryam Comfort Gold is offering luxury housing with larger than life amenities at Akurdi. Although Akurdi is more expensive than Moshi and Chikhali, it’s growth rate is also higher than these two areas. And above all, home loans are available nowadays with minimal documentation. So, grab the opportunity today!