With 2015 underway, the local real estate market in Pune is continuing to see steady growth. The city has grown from a small sleepy town into a bustling metro, and real estate has been among the major driving forces behind this change. So much so, the city has topped a research survey on excellent destinations to invest in real estate.
Making a Mark in the Real Estate Industry
Global real estate consultants, Cushman and Wakefield, recently performed a survey analyzing the various types of mid-segment residential properties available in various cities around the country. The cities that were included in the survey were Bengaluru, Chennai, New Delhi, Hyderabad, Kolkata and Mumbai.
In the research, Pune and Bengaluru were two cities that came out as winners. Pune was appreciated for consisting of a variety of high-end properties, which saw an increase in the city’s capital values of 39 percent. Bangalore was the second city to show immense with an increase of 37 percent between 2011 and 2014.
Other metro cities around the country showcased similar growth. Chennai saw capital value gains of 27 percent. Following Chennai was New Delhi, and its surrounding regions, which saw growth of up to 22 percent. The last three cities on the list were Kolkata, Mumbai, and Hyderabad respectively. Kolkata had gains in real estate with 17 percent growth, Mumbai’s growth was 16 percent, while Hyderabad showed 14 percent growth.
In general, it was heartening to see despite difficult circumstances, most of the cities have seen an increase in real estate capital value.
What makes Pune’s Real Estate Market Unique?
Pune’s success in the real estate market is due to many reasons:
• The market’s greatest appreciation were driven by user demands.
• The city’s real estate market has grown prominently both in the mid and high-end residential segments.
• Inventory reached a peak of 66,279 units, which can be translated into a 29% increase in capital value gains.
• Customers can find a variety of projects, value-for-money prices, as well as the best builders in Pune.
Steady growth, eclectic projects, and trusted brand names have turned Pune into one of the most popular cities for real estate.
Making a Mark in the Real Estate Industry
Global real estate consultants, Cushman and Wakefield, recently performed a survey analyzing the various types of mid-segment residential properties available in various cities around the country. The cities that were included in the survey were Bengaluru, Chennai, New Delhi, Hyderabad, Kolkata and Mumbai.
In the research, Pune and Bengaluru were two cities that came out as winners. Pune was appreciated for consisting of a variety of high-end properties, which saw an increase in the city’s capital values of 39 percent. Bangalore was the second city to show immense with an increase of 37 percent between 2011 and 2014.
Other metro cities around the country showcased similar growth. Chennai saw capital value gains of 27 percent. Following Chennai was New Delhi, and its surrounding regions, which saw growth of up to 22 percent. The last three cities on the list were Kolkata, Mumbai, and Hyderabad respectively. Kolkata had gains in real estate with 17 percent growth, Mumbai’s growth was 16 percent, while Hyderabad showed 14 percent growth.
In general, it was heartening to see despite difficult circumstances, most of the cities have seen an increase in real estate capital value.
What makes Pune’s Real Estate Market Unique?
Pune’s success in the real estate market is due to many reasons:
• The market’s greatest appreciation were driven by user demands.
• The city’s real estate market has grown prominently both in the mid and high-end residential segments.
• Inventory reached a peak of 66,279 units, which can be translated into a 29% increase in capital value gains.
• Customers can find a variety of projects, value-for-money prices, as well as the best builders in Pune.
Steady growth, eclectic projects, and trusted brand names have turned Pune into one of the most popular cities for real estate.
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