Pune Real Estate – Ideal for Investments

Pune, once the education capital of India is slowly becoming one of the major metropolitan. The sleepy pace of the city is now getting into overdrive. The city of Peshwas is slowly catching up with the pace of the commercial capital of the country Mumbai, which is actually one of the major triggers for this development. An excellent climate, good infrastructure and brilliant connectivity to all the parts of the country make it a dream city. Being a major automobile hub of the country, growth in Pune multiplied manifold with the rise of the IT / ITes revolution here. 

With Banglore becoming overcrowded and Hyderabad not living up to the expectation, the city of Peshwas was the best option. The establishment of the Rajiv Gandhi IT Park in Hinjewadi and the Magarpatta IT city revolutionized the growth of this sector in the city. Today all the major companies have setup their base here. Accenture, Amdocs, Avaya,BNY Mellon, Capita, EDS, Mphasis, Patni, Sybase, IBM India, Hexaware Technologies, AtoS, Synechron, Mahindra Engineering (located at the remotest corner of phase 2), Idea Cellular, KPIT Cummins, Tata Technologies, Infosys, Wipro, Credit Suisse (located inside Wipro), Tata Consultancy Services, Geometric Limited, Tech Mahindra, Cognizant Technology Solutions, Persistent Systems (under construction), Honeywell, Mindtree, 3DPLM Software Solutions, CECsoft, Compulink, Pesh-Infotech, ANSYS Fluent and Digital Group InfoTech, to name a few major ones. 

The demand for property has risen, which triggered an escalation of prices and therefore it has become good for investments. Pune real estate has become the most bankable in the country. So much so, that today an apartment in Pune is on everyone’s wishlist. Areas which are in proximity to IT parks for instance Hadapsar, Kharadi and Baner have seen rapid development. One of such areas is Hadapsar, once a completely forgotten eastern outskirt; it has today seen a complete uprising. The biggest reason was of course Magarpatta IT City. Another important reason is Amanora Park Town. City Group’s premium housing facility, is an elite township built under the Maharashtra State Government's special Township Policy. Amanora is chiseled by the City Group to cater all the needs and expectations of a modern Indian family. Since their establishment in 1996, the city group has been transforming cities, with Amanora they have redefined the very luxury and premium living.  Offering premium residences to their customers, there is never a better investment opportunity in Pune real estate.