Pune Takes the Lead: The Most Sought-After Destination for Flat Purchases in India

Pune has always been one of the most preferred residential destinations. While previously, it was Pune’s scenic and quiet setting that attracted home buyers to look for flats in Pune, recently, it is more because of the booming IT sector coupled with an array of other irresistible factors that have led to ever-growing demand for residential properties here. It is worth mentioning that in the year 2023, Pune bagged the honor of being the city with the maximum number of flats sold. According to the Pune Housing Report,  a whopping 89,347 flats in Pune amounting to Rs. 57, 412 Cr. were sold here in 2023. While Pune claimed the top spot, Delhi stood a distant second with just 65,625 flats sold in the entire year. In this blog, we will take a detailed look at what makes flats in Pune so desirable for discerning home buyers. Read on. 

What makes Pune stand out among the crowd? 

Flourishing Economy and Shimmering Employment Opportunities. Pune is not just about IT. It is also home to the booming automotive and manufacturing industries. Hence, Pune acts as a magnet for skilled professionals from all parts of the country. 

With renowned IT parks like Hinjewadi, Magarpatta, and Kharadi housing global IT firms, and an array of MIDCs being home to automotive and manufacturing companies, Pune offers a plethora of employment opportunities across various sectors. This economic prosperity not only fuels demand for residential properties but also ensures a high standard of living for home buyers living in flats in Pune. 

Educational Hub

If you wish to buy a home in Pune, you must also be aware of the fact that Pune is known as the Oxford of the East, and rightly so. After all, it is home to an array of prestigious educational institutes such as the Savitribai Phule Pune University, Symbiosis International University, MIT and Indira School of Management Studies, to name a few. The presence of top-notch colleges and universities attracts students from all over the country, leading to a vibrant and diverse population. For families seeking a bright future for their children, Pune acts as the perfect place to access quality education. 

Rich Cultural Heritage 

From historical landmarks like the Aga Khan Palace and Shaniwar Wada to contemporary art galleries and theatres, Pune celebrates its cultural legacy, and attracts connoisseurs of art, history and literature. 

Vibrant Lifestyle 

Flats in Pune do offer you the perfect blend of rich cultural heritage and a vibrant lifestyle. The city has a bustling nightlife thanks to an array of lounges and fine dining options. Additionally, Pune takes pride in its plethora of upclass malls and multiplexes, and an array of other recreational options. If you are looking for flats in Pune, rest assured, your weekdays would be fun, and weekends would be simply amazing. 

Infrastructure Development

Pune's rapid infrastructural development has significantly contributed to the ever growing demand for flats in Pune. The city takes pride in its robust and well-connected network of roads, highways, and public transportation systems that ensure smooth and quick connectivity to the prime destinations in and around Pune. In addition, the ongoing projects such as the Pune Metro Rail and the Ring Road will further enhance Pune’s already quick connectivity.  Additionally, the Smart Cities project is all set to bless Pune with even better infrastructure, making flats in Pune even more lucrative for home buyers and investors alike.  

Scenic Locations 

Despite the rapid urbanisation, Pune still proudly hosts ample green spaces, parks, and recreational areas, providing residents with a refreshing escape from the hustle and bustle of city life. From the picturesque hills of Parvati and Sinhagad to the serene surroundings of the Pashan Lake and Pune University Campus, the city offers plenty of opportunities to unwind and rejuvenate amidst nature. 

Kohinoor Group

Pune inarguably offers you the best flats in India that offer you the best of all worlds. If you too wish to buy a home in Pune, you must consider residential developments by Kohinoor Group Pune. Renowned for its timely delivery, transparency, thoughtfully planned and excellently built structures, Kohinoor Group has been crowned as one of the fastest real estate developers in Pune

Related Post - Living in Pune: Renting vs. Buying – What Makes Sense in 2024?

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