New investment opportunity for buying land
Pune, the former infotech hub, is more in news for its real-estate transactions than it's IT and ITES growth. Pune's property section has witnesses unique growth because of the growing IT and ITES segment. This caused a surge in the demand of the residential, office and commercial space, one after another.
This has caused the city to develop beyond limits. This upsurge in demand of supply of property has provoked the real estate builders to pick up new land banks in the city. Since the heart of the city is clogged, almost all major buying /selling of buying of land banks are happening in the marginal areas. Land for sale in Pune is increasing day by day say experts at property.sulekha.com
Buy Property in Pune
The real estate segment is expanding and booming rapidly. Several established and well-known real estate builders in the city are converging on providing style and quality in every property in Pune. They are as well going out of their way to cater extravagances and premium living in housing and marketable properties. Whether it is an automated-intelligent home structure or an Italian-style kitchen, natives of Pune are lucky when they purchase a property in Pune. They receive all the leisure, opportunities and facilities at their doorstep. When you are planning to buy a land in this city, considering a few choices could be a good idea. For instance, you can approach several valuation services that suggest a complete, trusted estimate of any given property. Also, the land cost of the property is measured as the most important feature either for selling or buying a property. Because of the growing demand in real estate market, there are some home buyers and investors in high needs of evaluation services before investing completely.
Boom in Pune Real Estate - Growth Drivers
Increasing the Land for sale in Pune is due to the above mentioned factors. IT, BPO and KPO industries have highly appeared increasing Pune's economy. Pune has become the home base for major and new IT companies. Its prospect is reaching heights accumulating various software giants on both national and multinational heights. Moving further in this conversation, the presence of educational institutions adds to the charm and values of Pune. With 150+ institutes and colleges offering variegated courses and topics, there is a wider support for students when it arises to academics.
Foremost national and Pune-based developers are buying land banks that can be constructed upon or sold in future. Some big business houses have also bought important land banks in Pune.Most of the land in the marginal areas now belongs to the MSIDC, which gives the land to the SEZs or for setting up of state developed units.
The prime areas are Talegaon, Baner and Chakan - Chiroli. The areas nearby Chakan - Chiroli are anyway in plea ever since the site has been recognized for airport construction.
Pune's property market has seen significant activity in the last one decade. These are the cause for the increasing of land for sale in Pune. Private property buyers, along with the civic authorities, have sprung new construction and organized projects in the city. The city extending its borders to give rise to new outskirts. The city's property section is very active and is adopting new styles for the benefit of property authorities and home seekers.
