An eternal topic of contestation amongst Punekars and Mumbaikars is “which is a better city?” Mumbai is a city of dreams, yet today Mumbaikars fondest dream is to have a home in Pune.The Real Estate landscape has transformed over the last few years. Many developers have launched innovative residential and commercial projects tailored to the on-going needs and budget of citizens. Be it “smart” homes offering ultra-luxury amidst nature or fully equipped commercial spaces- a myriad of options are available in Pune.
Let’s explore a few key reasons why Mumbaikars are choosing to invest in Pune:
Flourishing Cosmopolitan city
Many people prefer residing in Pune for its yearlong pleasant weather. It is also a cultural hub with rich history adding to a fulfilling living experience. Pune ranked second as the “most liveable city” in the Ease of Living Index in 2020 by the Union Ministry of Housing and Urban Affairs. The cost of living in Pune makes it an affordable dream for Mumbaikars.
Excellent returns on investment
The developing infrastructure, ingenious Real Estate projects, and brimming job opportunities has led to rise in property prices thus making Pune a good investment option! Thus leading to appreciation of current properties and increase in rental values. The variety of premium projects accommodating budgets of every range makes it an appealing prospect.
Booming Education sector
Pune is popularly known as the “Oxford of The East”. There are several institutes in the city with top quality education. Thousands of students migrate to the city seeking brighter future prospects. Infact, Pune ranks fourth in the All India Survey on Higher Education (AISHE) report (2019-20).
Prospering IT Sector
Hinjawadi, Magarpatta and Talawade are three most prominent IT parks in Pune, offering numerous employment opportunities. Subsequently, witnessing a rise in business complexes, super markets, malls, residential projects around these areas. Thus, creating Pune as a favorable city to invest.
Good connectivity to other cities
Many development projects have been established in new prime areas like Wakad, Pune-Bangalore Expressway, and Pimpri-Chinchwad etc. offering both high-end and budget friendly options. These areas provide excellent connectivity to Mumbai, Bangalore, hill stations like Mahabaleshwar and most sought after weekend getaway Lonavala.
Despite the endless debate, in the context of a promising Real Estate hub, Pune has clearly aced well!
At RGS Realty, we craft spaces that reflect goodness and purity. Our projects are strategically located providing proximity to many prominent areas in and outside the city.
Visit www.rgsrealty.com to know more about us and our work.