Anyone planning to buy a residential Property in Pune will have an Investment edge over other locations. The growth of Pune has now transformed into a residential hub, and its closeness to Hinjewadi has also transformed it into a commercial zone.

So, are you thinking of owning a Residential Property in Pune a good investment plan for you? Opportunity for Rent Earning and Appropriate Appreciation -

There is a huge opportunity for rent appreciation. These are the most important factors that attract people to make residential investments in Pune. It mostly depends on a scope of factors that includes the location area of the property. It also depends on the size and carpet area of the residences. Also, the business opportunities in the surroundings, furnished, semi-furnished, or unfurnished can decide the property price. Your home has to be in the right location, no matter the area, it should be excellently connected with the other parts of the city. The property should also have a proper residential apace around, and then the price will be high.

This city also enjoys a considerable good annual appreciation. The average yearly appreciation is somewhere approx 8% to 10%. However, in some areas of Pune that are extensively developed in terms of residential growth the appreciation rate might grow to become as high as 12-14% each year.

Exposure to Metro -

This city is very well connected and many other close by industrial areas and IT zones. Areas such as Hinjewadi, Talawade, Talegaon, Chakan, Markal, Baner, Alandi, and Balewadi roads are connected to Pimpri. Mumbai-Bangalore highways are also connected to Pimpri. There is a remarkable portion of the suburban railway which runs throughout the city. It comprises stations like Akurdi, Kasarwadi, Chinchwad, and Pimpri consequently making it a well-connected city.

The metro is another significant advantage that is considered to work in favour of residential property investors who have already invested or desire to invest in Residential Property In Pune.

Rapidly growing across all over its boundary major urban portion of the city, exactly in the late 90’s, was limited to only Punawale. On the west it was Pradhikaran. Dange Chowk in the south, Chikhali toward the north. Now you see that all these areas have already become residential development hubs in Pune. The higher the residential growth, the more you get in business places. The residential development in all these areas such as Hinjewadi, Wakad, Pimpri, Kalewadi, etc., also contribute to help it to maintain its residential importance.

Pune's industrial location makes it a flourishing commercial center. The presence of several industrial areas all over the city including Talegaon, Chakan, Talawade, Chinchwad, Alandi, and Pirangut, fosters the need for suppliers, and later, the need for commercial spaces on sale. Finally, the rapid growth is not becoming a critical IT hub keeps this city constantly sought after as a potential commercial investment zone. As a result, depending on the type of Residential Properties In Pune you buy and their size, it allows you to earn through renting out your units too.