Pune is the second largest city in Maharashtra and the eight largest city in India. It consist of two municipal corporation, Pune and Pimpri Chinchwad. This city has an incredible record of highest growth within a span of 20 years.
Pune has always played important role in India’s economic development. It is strongly believed that the effect of RERA will continue to positively impact the residential segment in Pune. Developers are less likely to deviate from timely delivery of ongoing projects as well as become more flexible on pricing and payment structure.
Pune city has lot of developing industries, automotive industry being the most influential. IT and education are the other major sectors here. It is known as the oxford of the East. Because of the presence of a number of a educational institute and colleges here. Pune is become a home for IT industry, this metropolitan city is attracting various IT companies to set up their base and corporate offices here.
All these element come together has given its flexibility and strength. Top builders, developers and promoters in Pune, the situation in the next few years and have found favorable planned luxury projects, Row houses and affordable home segments. One thing is for sure will continue the success of Pune real estate market for years to come.
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