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Pune

Pune is the only city which is not the capital of any state but is still listed among the Top 10 cities of India.

As per the latest New World Wealth report, Pune features amongst the richest cities in the world, stands 2nd in India next to Mumbai being the first with 4,500 millionaires and 5 billionaires.

Known as the "Oxford of the East" for its well-known educational institutions; nearly half of the total international students in the country study here. Its claimant weather makes it a popular choice for people seeking to settle in peace and tranquillity.

According to ‘Mercer 2017 Quality of Living Rankings’ Pune is at 145 in the world ranking, second in India, after Hyderabad. It is also the fastest growing cities in the Asia-Pacific region. It is an evolving business centre and among the 9th emerging cities around the world in terms of the IT and automotive companies’ presence.


Economic Growth

  • Pune is the largest emerging centres of learning and a prominent IT and manufacturing hub.
  • Companies like TATA Motors, Bajaj Autos, Mercedes, GM, Land Rover, Jaguar, Renault, Volkswagen, BMW, Audi, Kirloskar all have plants here.
  • Motorcycle manufacturers like Kawasaki, KTM, BMW Ducati, Harley all have set up base here.
  • Pune is the largest hub in India for German companies for last 60 years housing over 225 German companies.
  • The Hinjewadi IT Park in 2,800 acres (11 km) area with an estimated investment of 600 billion (US$9.4 billion) employs more than 70,000 people.
  • The Pune’s Food Cluster project, an initiative of World bank is a strong step to develop Pune as a fruit and vegetable processing hub of India.
  • Pune has picked up a rapid pace as an emerging startup hub of India.
  • Pune International Exhibition and Convention Centre at Moshi is spread in 97-hectare, is another initiative that has a seating arrangement for 20,000 people, 7 exhibition centres, a Golf course, 5-star hotel with shopping malls and residences.

Real Estate Growth

There is a huge demand for housing which is witnessing a trend towards knocking down bungalows and converting them into multi-storey apartments.

The integrated townships on the outskirts of the city such as the Life Republic, Magarpatta and Lavasa offer business massive opportunities. Access to infrastructure in this self-sustainable ecological habitat has to be (by law) significantly better than the rest of the city.

The city’s property market continues to be largely end-user driven and the highest-selling category is the mid-income housing.

  • Markets such as Hadapsar, Wanowrie, Kharadi and Aundh witnessed robust rental growth.
  • The proposed plan for Metro will boost the real estate development across the CBD belt impacting areas like Hinjewadi, Aundh, Pimpri-Chinchwad, Kharadi.
  • The proposed Ring Road project will leverage the peripheral areas of Pune
  • And the Pune River Front Development Project will positively impact the areas of the Western and the Eastern belt.

Major Areas Of Quality Living

Baner

Located next to Mumbai-Bangalore Expressway with proximity to Aundh and Hinjewadi it has the best infrastructure, easy connectivity to the highway from where....

Hinjewadi

Hinjewadi is a part of the famous Boat Club road with Kharadi on the other end. This one is the most sought after localities of Pune and a calm and quiet are....

Pimple Saudagar

Situated 6 km from Hinjewadi between the suburbs of Baner and Aundh, is a developing locality that attracts a lot of new settlers. It is a bustling and highl....

Viman Nagar

The place derives its name from the nearby air base located half a kilometre away. This place is high on access and its proximity to defence enclaves ensures....


Need of Property Management

Managing tenants is a tough task. And for owners who stay away or have multiple properties and are short of time, the hassles become never-ending. Handling issues, tenant handling, routine job works should be best left to those who have expertise in it. There are many good tenant management companies in Pune that offer a range of services in tenant management while keeping the property secure and adding value to it.

Here's an example of what the best ones offer:

  • Market Analysis and Review, Rent Pricing
  • Advertising
  • Tenant Screening and Documentation
  • Making Agreement and Filing Other Paperwork
  • New Resident Onboarding and Fulfilling Society Formalities
  • Managing Rent Collection and Direct Deposit
  • Expert Maintenance and Repair
  • Annual/Bi-Annual Reviews of Property
  • Minimizing Tenant Turnover
  • Handling Complete Eviction Process

BEST SOCITIES FOR LIVING IN PUNE

Blue Ridge township / Hinjewadi

Spread in 135 acres, the BlueRidge is an integrated township housing a Techno Park SEZ and 1-5 BHK residential apartments. Beat the traffic to work, spend more time with family in a peace....

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Locality Society Rate/SQ.Ft
Locality Society Rate/SQ.Ft
Hinjewadi Blue Ridge township 28
Hinjewadi Kul - Kul Ecoloch 16
Vishal Nagar, Nisarg Akash, Pimple Nilakh 34
Balewadi The Parkland 2
Locality Society Rate/SQ.Ft
Locality Society Rate/SQ.Ft