One of India’s biggest property investment cities, Pune is home to high quality residences, IT parks, MNCs and even promising start-ups. But what exactly makes NRI investors prefer Pune to grow their wealth?
Pune’s Sustained Growth
Although Pune came into the spotlight as India’s new ‘IT city’, it’s grown to be much more. MNCs across sectors - automotive, information tech, biotech, FMCG, food - are expanding their presence across the city. The Pune Metro project and the proposed new airport at Purandar (just 45 min. from Pune) are set to give the city a further boost. All of this has given a boost to residential communities, and integrated townships.
Proximity to Mumbai
In the last decade, individuals, families and even companies are looking to buy property in Pune due to its proximity to Mumbai. The industrial, manufacturing and IT sectors are directly responsible for a huge demand in commercial projects in Pune. And the easy connectivity via the Pune-Mumbai Expressway has further cemented the ‘Pune-Mumbai Twin City’ growth idea.
Infrastructure Development
A part of India’s ambitious ‘Smart Cities’ project, Pune has good quality social infrastructure, renowned educational institutions, and easy connectivity to major cities. In short, it’s the perfect choice for investors to grow their hard-earned money. No wonder residential properties, commercial offices, shops and showrooms in Pune are so sought after.