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Pune is hailed as an educational hub, which attracts students not only from different parts of Maharashtra, but also from all over the country and abroad. The city is home to several prestigious institutes, R
As cities mature, their skylines start growing vertically and horizontal expansion reduces. The preference of homebuyers to live in high-rises and luxury towers also increases as urban sprawls expand. This transition in Pune, started R
The Pune Municipal Corporation recently sanctioned the new development control regulations (DCR), which allows for higher floor space index (FSI) in certain categories, in non-congested areas. Small developments are likely to benefit more from R
With these multiple demand drivers, Pune‘s property market is naturally an investment hotbed par excellence. Not surprisingly, the most advantageous locations in the city are beehives of real estate development activity.
Pravin Mahurkar of Jones Lang LaSalle (JLL) India lists out the trends that are observed in the luxury housing sector in Pune. Hottest locations from Pune including Kalyani Nagar, Koregaon Park and so on have ranged between Rs 12,000-20,000 per sq ft.
"Trump Organisation's first project in India, Trump Towers Pune, will epitomise inspired living and timeless elegance," Donald Trump.
`Smart` homes are now in vogue not only with IT/ITES employees - every home buyer from the middle and upper-middle class is looking for residences that support a cyber-driven lifestyle.
Koregaon Park is arguably the swankiest and among the most expensive real estate destinations in Pune.
