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.
