Pune, hailed as the cultural city of India is home to well-known educational institutions which still hold an old-world charm, but over the years this city has emerged as one of the major real estate hubs in the country. Let’s analyse what drives Pune’s real estate which is being touted as the next big boom in its economy…
A few decades back Pune was a quiet city but in the last ten to fifteen years, the city has made considerable progress in terms of infrastructure- high-rise buildings, national highways, mega townships, IT companies, and plenty of job and business opportunities. Due to this exponential growth people living in other states as well as outside India have started migrating to Pune to make it their permanent home. How this change has brought about economic growth and prosperity to the city? Let’s find out…
Navigating and understanding the property trends in Pune
New migrants and cosmopolitans will have to thoroughly study the property market before shifting to Pune. They will be required to explore different locations and after deciding to shift to that particular area, they will have to study the property trends of that location. After they have decided on the choice of location they must zero in on a residential project of their choice.
Areas where lucrative real estate thrives
Pune’s landscape has many fully developed areas and thriving pockets for infrastructure, roads, social and civic amenities, parks, mega housing projects, schools, hospitals, IT companies, and many more. The outskirts of Pune have seen major upheavals in all spheres of development such as education, IT, medicine, and hospitality to name a few. Locations on the outskirts of Pune that boast of a robust all-round development are Wakad, Hinjewadi, Baner, Aundh, Balewadi, Kharadi, Hadapsar, Kothrud, Koregaon Park, Pashan and many more areas that have premium infrastructure, roads and other social and civic facilities that living in these areas is an enjoyable life’s experience.
How should cosmopolitans and immigrants navigate the real estate market in Pune?
Thousands of immigrants migrate to Pune and make it their home but before shifting base, they have to go online and search for a premium real estate website www.propviewz.com to find a suitable residential project based on their tastes and preferences. Propviewz has a solution to all the problems faced by homebuyers, investors and real estate developers and caters to all their needs and requirements whether it is buying, selling, renting or leasing.
Most of the time the customers, while buying property do not know the last transacted price in the vicinity of the particular area and end up calling family or friends. So it is hard to find out the actual value of the property. The current information available through various portals will only give you a quoted price at which the developer wants to sell the property. Apart from this, there are other key aspects crucial for decision making like how the previous customers rated the property, whether are they writing about any legal hassles and so on. All this is a big factor for a buyer to make an informed decision.
The real estate industry has witnessed a lot of change and a more innovative and customer-centric approach. Propviewz, strongly believes that closing the information gap and bringing in more transparency will empower the customers and help them make the right decisions, which will benefit the real estate industry. Propviewz intends to bring in all the customer-centric features through this digital portal.
The objective of having this platform is that people start having this habit of checking real estate on the last transacted price instead of going and negotiating blindly.
Propviewz has developed a straightforward and user-friendly platform where not only the views but also the last transacted price is available to the buyer. These authentic details of the last transacted prices have been procured from government records and are free to use by anyone.
Lastly, Propviewz is all set to create a revolution in the real estate industry.