If there’s one thing that could aptly define Pune’s skyrocketing growth in the last decade, then it has to be the city’s infrastructure.
From January to July 2021, Pune has clocked sales of approximately Rs. 27,000 crores of real estate—indicating a 27% growth of higher ticket-sized housing units sales compared to 2019. Housing units in Pune priced over Rs. 2 crores saw a whopping 88% spurt compared to 2019—indicating a clear preference for luxury living in the sprawling metro.
It is, therefore, clear that the sustained growth of real estate demand in the city makes real estate investment in Pune worthwhile. In addition, other factors such as the inception of the Pune metro and rigorous development of planned housing societies in proximity to the metro line have contributed to the rate of appreciation and positive ROI in future infrastructure projects.
Residential demand in Pune has split into premiere and non-premiere locales. For instance, northwest Pune’s Gahunje region attracts people looking for affordable housing. In contrast, the Moshi region has what some would say the best Pune real estate projects.
Nevertheless, irrespective of the locale, affluent or general, Pune’s well-connected road network with every suburb gives developers a variety of properties to explore and invest in.
Some of the trending locations to invest in Pune are as follows:
Pharande Spaces has been developing some of the best in class real estate projects in Pune. Here are some details of our projects in the aforementioned areas.
Felicity – Located in Ravet offering 2 and 3 BHK apartments starting at Rs.70 Lakhs.
Puneville – Located in Punawale, offering 2, 2.5 and 3 BHK apartments starting at Rs.69 lakhs.
Kairosa – Located in Punawale, offering 1 and 2 BHK apartments starting at Rs.37 lakhs.
L-Axis – Located near Spine Road, offering 2 and 3 BHK apartments starting at Rs.72 lakhs.
Woodsville Phase I, II and III – Located in PCMC Moshi, offering 1 BHK apartments.
Celestial city Phase I and II – Located in Ravet Pune offering 1 to 3 BHK apartments.
Vaanya – Located in Moshi, offering 2 to 2.5 BHK apartments will extend the Woodsville project constituting its Phase IV.
These areas are handpicked locations since they promise exponential growth trajectory in the coming years due to rapid industrialization. Hence, if you are looking to invest in real estate then these areas will yield a heavy return on investment. Investing in such areas, especially in Pharande Spaces projects, will be the best investment opportunity for any homebuyer since there is complete surety of quality construction, timely inspection of the same, and timely updates to all the customers with customizable payment plans. Easy sanction of home loans via tripartite agreements and proper due diligence is the hallmark of Pharande Spaces most trusted real estate developership. Lastly, being a customer centric company, Pharande Spaces is committed towards enabling timely possession for all our customers.