| Pune till a few years ago was the Oxford
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| | place. A lot of people from other places
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| of the East. Firmly established as an
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| | are investing in flats and houses that
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| academic city; with the best and the
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| | are rented out to students. The good
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| brightest having many avenues to advance
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| | thing about renting to students is that
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| their educational growth. A highly
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| | there is no problem related to them
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| educated workforce was what made Pune
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| | taking over the house, since they keep
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| attractive to the IT companies and they
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| | leaving every few years. The property is
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| slowly started setting up shop here.
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| | safe.Pune's infrastructure still hasn't
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| Infosys was the first of the big ones to
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| | kept up with all the growth. this is a
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| come in. Other IT companies followed suit
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| | cause for concern. Leaving this factor
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| and now Pune is firmly entrenched as one
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| | everything else looks positive for Pune.
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| of India's premier IT hubs.This was what
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| | the pensioner's paradise is now being
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| triggered the housing boom in Pune. Pune
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| | taken over by young IT professionals.
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| started expanding from it's Western end
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| | NRI's who studied and lived in Pune and
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| at Hingewadi where the IT Park was
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| | later moved to the US, are the biggest
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| situated. Land prices in surrounding
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| | investors in Pune today.Pune's proximity
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| areas like Wakad, Bhugaon, Aundh,
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| | to Mumbai has meant that a lot of people
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| Balewadi have risen in multiples, in the
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| | with extra funds in Mumbai, are investing
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| last few years and still look very
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| | their money in real estate in Pune. This
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| undervalued compared to cities like
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| | has added fuel to the spiralling
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| Bangalore and Chandigarh. Current prices
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| | prices.Prices in Pune still look
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| around the IT park for land is around
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| | realistic when compared to other metros
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| 1000Rs per sq feet. This was about 700Rs,
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| | and IT hubs. Places like Noida look
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| a few months ago. Pune is also growing
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| | hugely overpriced when compared to Pune.
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| from it's South East end. Kondhva is fast
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| | Without doubt, Pune is an extremely good
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| emerging as a quickly growing suburb.Flat
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| | investment destination for real
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| prices in Pune range from 1000Rs-2600Rs
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| | estate.David Thomoson, an associated
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| in most areas. Prices have escalated in
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| | editor to , is a contributing author to
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| the last 2 years and people are still
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| | the for distinct article sites/journals.
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| buying. As long as the technology boom
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| | Please feel free to visit for more
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| continues and companies keep expanding in
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| | information on Real Estate, property and
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| Pune, the real estate boom has no reason
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| | classified issues Or write to him AT
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| to dissipate.With the educational
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| | Any comments and /or suggestions will be
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| institutions and more students coming in
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| | highly appreciated.
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| hostels are also spring up all over the
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|
