By Prasanth Gopinath on Jan 4, 2024 11:56:07 PM
Commercial property investment in Pune has gained unprecedented pace in the past two decades, and this isn’t surprising at all. After all, the way IT parks have transformed Pune is way beyond one’s imagination. Not only have the IT parks attracted thousands of people from all around the country, they have also made a significantly positive impact on Pune’s infrastructure, making smart investors look up to Pune as the perfect destination for investment. If you are looking for an office in Pune or a commercial property in Pune, and wish to know which sectors would turn out to be fruitful and offer you great returns on your investment, this blog is for you. In this blog, we will explore an array of sectors you must consider for investing in a commercial property in Pune. In addition, we will also take a look at Kohinoor Business Tower - one of the best properties in Pune.
Here are a few sectors that would turn out to be ideal for commercial property investment in Pune -
IT Parks - the powerhouses for great returns
Pune has established a new identity for itself as one of the most preferred IT hubs in the country. IT and tech parks are witnessing ever growing demands, and this only assures great returns on your investment. If you are looking to invest in a commercial property in Pune, you must invest in locations such as Hinjewadi, Koregaon Park, Kharadi and Magarpatta. The continuous influx of skilled professionals into these regions makes them prime locations for commercial investment.
Biotechnology and Research Centers - ideal for commercial property investment in Pune
Pune's focus on research and development, particularly in the biotechnology sector, has led to the emergence of biotech and research centres as attractive investment options. With an array
of premier research institutions and a supportive ecosystem, the prime destinations in Pune are witnessing a surge in demand for commercial spaces to be offered to biotech and pharmaceutical companies.
Invest in a commercial property in Pune to be used by educational institutions and student housing
Pune has a reputation of being the Oxford of the East, and rightly so. After all, Pune has always been home to an array of renowned educational institutions, making it one of the most preferred educational hubs in the country. This has led to a large number of students coming to Pune every year to pursue higher education. Areas around renowned educational hubs like Deccan and Koregaon Park are witnessing increased interest from investors looking to tap into the student-centric market.
Healthcare Facilities: An alluring option for commercial property investment
The healthcare sector in Pune is expanding rapidly. A number of renowned chains of hospitals and healthcare research facilities have set their foot in Pune, making investors keen on investing in commercial spaces for hospitals, clinics, and medical research facilities. With an array of factors conducive to healthcare centers, Pune has become a hub for healthcare-related commercial investments.
Retail - one of the most profitable sectors for commercial property investment in Pune
Pune's commercial real estate landscape is witnessing a retail revolution, transforming the city's shopping experience. With the rising consumer demand for diverse retail options, areas like MG Road, Koregaon Park, Fergusson College Road and Camp have become vibrant hubs for commercial investments in retail spaces. The advent of mega-malls, boutique outlets, and international brands has elevated Pune's retail sector, creating opportunities for investors to capitalise on the city's evolving consumer preferences.
Invest in Co-Working Spaces
The evolving work culture and the rise of startups have resulted in an increased demand for co-working spaces in Pune. Pune’s prime areas are witnessing a surge in the development of co-working facilities. If you wish to earn great returns, you could consider investing in a co-working space and cash-in on the ever growing demand.
Entertainment Zones: Never go out of fashion when it comes to investing in a commercial property in Pune
As Pune's population continues to grow, the city has seen entertainment industry giants establish their presence here in the city. You too could tap into this demand and invest in a multiplex or an auditorium for plays and small events such as stand-ups etc.
Logistics and Warehousing
Pune's strategic location and its status as a major industrial and manufacturing hub have increased the demand for logistics and warehousing spaces. With developments in areas like Chakan and Talegaon, investors are recognizing the potential of these regions to serve as the logistical backbone for Pune's economic growth.
(MahaRERA No.: P52100049202)
If you are looking for an office in Pune in the best commercial property in Pune, you must take a look at Kohinoor Business Tower. Situated in the bustling Koregaon Park Annexe, this gem of commercial development by Kohinoor Group Pune offers you A-grade offices from 2500 sq. ft. onwards. Situated just 6 km from EON IT Park, Kohinoor Business Park emerges to be one of the best investment options because of its seamless connectivity, robust social and civic infrastructure and impressive future prospects.