As India’s metropolitan cities are inundated with the effects of the overall economic growth and investment policies of the government; the Tier II cities like Pune are witnessing a real estate boom truly unprecedented. Concurrent with the massive investments in industry and service sectors, Pune real estate is burgeoning to be a major contributor to developmental efforts. Tier I cities have now saturated their capacity for new construction hence the governments of the respective states have encouraged development along newly created SEZ’s around Tier II cities. Pune real estate is one of the prominently shining examples of such promotional endeavors. The ample availability of land parcels and supportive infrastructural facilities has triggered exponential growth of residential as well as commercial realty segments.
Factors conducive to creating corporate layouts and infrastructure being available aplenty, many investing business houses whether biotechnology oriented or banking and finance related to pharma or auto industries not to forget the IT and ITESs – are flocking to get a piece of the coveted cake in Pune real estate. The retail industry has a big stake too in the Pune real estate industry. Subsequent to the industrial revolution, and predictably so, is the opening up of the job-market; further leading to heightened demand for residential properties in Pune. Flats in Pune are available in a diverse range of localities, sizes and price ranges. Corporate investors and individual buyers have realized a clear hike in profitability over the last few years with margins bordering 10.5 to 11.55 percent.
Despite the high demand for flats in Pune, the property rates are affordable as compared to any location in metro-cities. Investors, consumers and developers alike recognize the opportunity of the moment and hence a continuous stream of newer projects is being launched every day. Most buyers of flats prefer 2 and 3 BHK layouts with middle segment amenities.
Amongst the builders, B U Bhandari Landmarks have long been associated with Pune real estate and have offered elegantly designed flats with innovative concepts. Affordability has been the key aspect of B U Bhandari Landmarks’ homes. B U Bhandari Landmarks currently has residential projects at Wagholi, Kharadi, Kondhwa and Baner.
B U Bhandari projects hold long-term promise for property buyers in and out of Pune and India alike, who are seeking lucrative investment options and are in search of self contained community living. Chrrysalis at Wagholi by B U Bhandari Landmarks offers villa-style living at the price of an apartment. Chrrysalis has luxurious 3 BHK row houses along Nagar road, at Wagholi. These spacious villas near Pune are replete with modern internal features and amenities like gymnasium, jogging track, club house, party lawn, swimming pool etc. to make life a fulfilling experience. Another project by B U Bhandari is Alacrity at Baner, the queen of suburbs in Pune. Located along the Mumbai- Bangalore Expressway, these 2 and 3 BHK elegant flats in Pune are designed for a safe and secure life having video door-phone, fire alarm system and motion sensor and DVR system for the main gate. B.U Bhadari Landmarks has surely transformed Pune real estate with its landmark properties.