Pune is defined by its huge IT/ITES and manufacturing hub and has played a major role in boosting the real estate market belonging to Pune. The demand for a well-laid apartment at a good location and within a budget-friendly price range has surged over the past few years. Pune’s rental market has shown tremendous success and is thriving excellently on account of well-paid employment opportunities grabbed by expats coming in from different places and affordable prices.
Pune has a very growing at a very past face that it is impossible for you to ignore the housing segment here. There a lot of places but there are localities that have a better scope of growth in terms of rental housing segment as compared to others. The number of expatriates visiting the city is higher than other compared cities. Call it a Mumbai influence or a self-made stature, Pune has broken down all the notions.
Let’s have a look at some of these localities:
1. Wakad
Wakad is one locality in Pune whose tremendous growth percentage can be easily attributed to the upcoming Infotech & Bio-technology Parks. The locality is one of the hotspots in Pune and is eyed upon by a range of realtors for trying their hands in the favored residential as well as commercial segment. The reasons that have led to the growth of the locality is the presence of educational institutes, shopping malls, commercial complexes, proximity to Aundh, Baner, Pimpri-Chinchwad industrial corridor and Balewadi. Moreover, the public transport system here is planned and offer ease of travelling.
