Expats & IT drive Aundh property in Pune
Aundh is today an affluent suburb in the North-West of Pune which is no longer referred in collective consciousness for its chest hospital alone. It is now known more for its posh localities.
Aundh is today an affluent suburb in the North-West of Pune which is no longer referred in collective consciousness for its chest hospital alone. It is now known more for its posh localities.
A Track2Realty pan-India survey finds that despite of high spending pattern of North Indians in general and Delhi-NCR in particular their investment and aspiration for a second home is far less than the citizens of Mumbai & Pune.
In Pune, on the contrary, IT/ITeS may be one of the high demand zones for education, yet it is not that only IT/ITeS driven educational institutions are flourishing. As a matter of fact, and industry players agree to it, education sector has grown in the city in all the segments, be it IT/ITeS or any other professional/vocational education.
Pune property market is meeting the two challenges with the use of local talent. Interestingly, there is no dearth of man power in this market, either skilled or unskilled and the reason is pretty simple; instead of looking to tap the work force from other regions developers in the city are banking on the local talent to meet the project requirements.
Godrej Properties has signed a new deal to develop a residential group housing project in the heart of Hinjawadi IT Park, Phase I, Pune.
News Point: The Mumbai-based real estate developer has seen an…
News Point: K Raheja Corp, has launched a luxury home…
News Point: At a time when the property markets across…
Bottom Line: Pune homebuyers, like rest of India, now only…
No discussion about the hottest real estate markets in India…