Real Estate Pune is getting hotter with every passing year; price hikes and global slowdown are not affecting it adversely. With the Union Government proposing a hike in the service tax by 2 percent, will the real estate sector will remain profitable or not is the question that most of the investors are asking. But, there is no need to worry; the real estate sector has seen worse times. Pune has regular influx of people from all parts of the country, owing to its image of being “Oxford of the East” (education hub), “Detroit of India” and now an IT Hub. As for the industrial development of Pune, some of the companies that the city has are Tata Motors, Mahindra & Mahindra, Mercedes Benz, Force Motors (Firodia-Group), Kinetic Motors, General Motors, Volkswagen, and Fiat, Infosys, Persistent Systems, Geometric Limited, Wipro, TCS, Cognizant, Symantec, Tech Mahindra, Syntel, Fujitsu, Cybage, IBM global and Sybase.
Pune offers world class education and excellent job opportunities too, which increases the influx of people every year, and this further translates into the need of more quality homes. Real Estate of Pune driving factors are many and investors or developers both are equally comfortable with the current happenings in this segment. Pune markets are linked with the US economy and city builders have been enthusiastic ever since the phase of global slowdown passing off. They are trying everything to woo the investors and how!
Outskirts of the city are now the focal point of development in the city, Baner, for instance once a completely forgotten western outskirt of Pune, today has become one of the most bankable areas. Meanwhile, an apartment in Pune on Sinhagad Road or Warje is getting much more costly, with the development of the outskirts. Hence, an apartment in Baner is selling between 4350 and 7500 per sq. ft. On the other hand, the value of flats on Sinhagad Road is increasing, riding on the rapid development. Sinhagad Road now has projects for the common man and the rich.
Presently an apartment on Sinhagad Road is selling 3800 to 4650 per sq.ft. and the prices are going nowhere but up. In the current Pune real estate scenario, apartments on Sinhagad road are most bankable. It is imperative that you buy your apartments in Pune from a builder of repute and D.S.Kulkarni Developers Limited is one of them. D.S.Kulkarni Developers Limited has three projects Meghmalhar, Sayantara and Saptasur, which offer flats on Sinhagad Road. Projects by this company are best of the real estate in Pune.
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