Why To Invest In Pune For Residential Property

Pune is the second largest cityin the state of Maharashtra after the city of Mumbai. It is rapidly transforming into a bustling economic centre of India. In recent times, it has emerged as the most favorable city for investing in real estate and it is estimated that in the coming years this trend will continue to soar.

Pune is well-connected to Mumbai and is also connected to other major cities across the country and the world.

The city is renowned for its educational institutions, its culture, vibrant job market and its charming locations which make it an exciting place to reside. The city also has various entertainment and dining options and a growing cosmopolitan culture which has made it one of the most favorable places for investing in properties.

Here are some of the reasons why Pune is an investor’s delight –

Firstly, Pune has exceeded the average capital value (CV) appreciation due to its widespread infrastructure development. Pune is included in the 100 Smart cities program which has attracted several multinational companies to build and expand operations in the city. This has naturally increased migration of people in the city in search of job opportunities which in turn increased demand for investors.

Investors are also playing a smart role by investing in the city’s growth pockets, reaping generous rewards in return. The city’s boundaries are also rapidly expanding to include more growth pockets. Several new areas of the city including Hinjewadi and Mamurdihave experience growth in price appreciation. Secondly, increasing employment opportunities with demand specifically in the commercial IT hubs has attracted a lot of people to this city.

Pune has undoubtedly the best educational institutions and now it is also a booming commercial city with generous job opportunities. Most of the companies are located in areas like Hinjewadi, Marunji Road and Kharadi and real estate in these areas have seen an increasing rise in the last couple of years which has resulted in a number of new projects in these areas.

The third factor is the well-connected road and rail networks to the central as well as outer areas of the city. People can now easily travel from one area to the other due to the strong social infrastructure which has led to the demand for residential apartments in Pune. Affordable housing option is also one of the factors for the growth of increasing demand in the real estate in Pune.

The city has affordable housing options for home enthusiasts and is a safe option for investment in residential property. Several upcoming projects in areas like Mamurdi and Magarpatta city are in high demand and have seena high rate of absorption in residential housing.

Kunal Iconia, a commuter’s dream

If you are a home enthusiast looking for a home in Pune, you must have a look at Kunal Iconia, the residential complex in Pune developed by one of the leading real estate developers. Present in the heart of a developing location, this lavish property is a sheer genius made to give you fresh and energetic ambiance far away from the city’s bustling life. Kunal Iconia promises an exciting lifestyle to its residents with a green living facility and a clean atmosphere.

Kunal Iconia offers 2 and 3 BHK apartments with ultra-modern designs and a host of amenities. Home dwellers who appreciate green living will be in love with this development. A large area in the complex has been dedicated to green zone where individuals can spend their leisure time and socialize with each other. Beautiful landscaped gardens and parks add to the charm of the development. Additionally, residents can have spectacular views from their window which is no less than a treat for the eyes.

The interiors of these floors are integrated with high-class furnishings. The development comes with various indoor and outdoor games, modern gymnasium, swimming pool and many such amenities that a home dweller craves for in an apartment. So, hurry up and get a quality apartment in Pune where you can reside close to nature!