Why Pune is the best place to invest for a retiree?

 

Retiring in style: Pune’s Golden Appeal

Buying a house is a significant life decision that warrants much consideration, especially while choosing your retirement home. Of all the decisions, the most crucial is the location of your future nest.

In this respect, the vibrant city of Pune has emerged as a top choice for retirees to settle down and enjoy their golden years.

Here are a few factors that make it the ideal retirement destination:

Pleasant weather and peaceful neighbourhoods:

Pune is one of those rare locations that enjoy excellent weather conditions throughout the year. The city’s rich cultural heritage and urban amenities make it the ideal blend of tradition and modernity.

Listed as the second most livable Indian city on the ‘Ease of Living Index’, Pune’s moderate climate clubbed with its serene neighbourhoods and modern conveniences makes it the perfect location for retirees.

With its historical sites, lush gardens, and religious attractions, comes a peaceful and slower pace of life, unlike the bustle of big cities. Retirees can especially enjoy the city’s various community features like senior clubs and elder support services.

Seamless connectivity:

Pune enjoys excellent inter and intra-city connectivity, supported by its robust transport networks. Be it road, rail, or air, Pune’s transport infrastructure ensures seamless connectivity for its residents and visitors. Upcoming projects like the proposed second airport, Pune Outer Ring Road, and metro lines will further ease travel in the city. Retirees can thus stay connected with their family and friends, and travel without hassles.

Healthcare and public infrastructure:

Healthcare is a primary concern among retirees, and rightly so. The presence of prominent public and private hospitals, wellness centres, and healthcare facilities, however, can put their worries to rest. Along with healthcare, Pune also houses some of the best educational and recreational facilities, ensuring a well-balanced and elevated quality of life. Pune’s social and public amenities thus provide a safe and secure environment for retirees.

Affordability:

Despite enjoying all the conveniences of a tier-1 city, Pune is considerably cheaper than Mumbai, also offering more spacious homes at the same price points. With a wide range of real estate options catering to different budgets, Pune also has a considerably lower cost of living, which is favourable for retirees depending on a fixed income. Along with its affordable real estate, the city has also shown rising appreciation rates over the years, making it an attractive investment opportunity.

In conclusion, Pune offers a unique blend of comfort, culture, and convenience, making it the ideal retirement destination. Whether it’s the perfect climate, natural beauty, or well-developed infrastructure, Pune provides the perfect balance between modern amenities and serene living, ensuring that your golden years are truly golden.

Make the most of this retiree haven with Joyville Homes, offering a range of housing options with world-class amenities, suitable for every age and budget needs.

To learn more about their real estate offerings in Pune, click here — https://www.joyvillehomes.com/

List of Real Estate Projects by SP Engineering & Construction

 

Shapoorji Pallonji E&C: Elevating living to new heights

A subsidiary of the esteemed SP Group, SP Engineering and Construction is renowned for executing projects in numerous sectors including public infrastructure, industrial projects, and real estate.

Known for their precision, innovation, and commitment to quality, SP E&C continues to deliver an array of luxurious residential projects catering to modern urban needs and conveniences.

Here is a list of some of their prominent housing projects that exemplify their engineering prowess:

Mid Valley City Residential Complex, Vijayawada

A high-end residential complex in Vijayawada, Mid Valley City is a sprawling 15.5-acre development with world-class amenities for every comfort and need.

This IGBC-credited green project consists of three high-rise towers accommodating 488 premium residences and enjoys unobstructed valley views of the Mangalagiri Forest Reserve, blending urban convenience with serene living.

One Indiabulls BLU Residential Complex, Mumbai

One Indiabulls BLU Residential Complex Located in the vibrant neighbourhoods of Worli, this exclusive residential development sprawls over 10 acres and consists of three premium towers and an array of luxurious amenities.

Mantri Pinnacle, Bengaluru

Mantri Pinnacle is located in the thriving city of Bengaluru, this premium 46-storey tower is the tallest residential project in the city.

Standing at an impressive height of 153 meters, this development accommodates 133 high-end apartments that provide panoramic views of the cityscape, along with a helipad and other luxurious amenities.

New Haven, Bengaluru

New Haven Completed in 2017, this 35-tower residential complex is an award-winning development accommodating 1892 luxurious apartments. It was built using precast concrete construction technology and won the ICI (BC) — Birla Super Endowment — Jury Appreciation Award for Outstanding Concrete Structure of Karnataka in 2019.

Godrej Frontier, Gurugram

Located in the financial and industrial hub of North India, Godrej Frontier is a premium 10-tower residential township accommodating 456 luxurious apartments, 19 tastefully designed penthouses, and 84 apartments for economically weaker sections.

Brigade Panorama, Bengaluru

Brigade Panorama is located on Mysore Road and spread over 11 acres, this premium residential development houses four towers with 590 luxurious 2, 3, and 4 BHK apartments. The complex was constructed using advanced aluminium formwork and offers a blend of comfort and modern living with its lavish amenities.

Army Welfare Housing Organization (AWHO), Noida

AWHO is a thoughtfully planned residential development designed to provide quality housing to armed forces personnel and their families. It consists of two high-rise towers featuring spacious apartments, vast green spaces, and vibrant community spaces ensuring a holistic life for its residents.

Air Force Naval Housing Enclave, Coimbatore

Air Force Naval Housing Enclave Developed for Air Force and Navy personnel and their families, this premium development is located in one of Coimbatore’s most prominent neighbourhoods. It features 372 well-designed apartments and a plethora of recreational and community facilities ideal for family living.

Raisina Residency, Gurugram

Raisina Residency nestled in the serene Aravalli foothills, this ultra-luxury development is spread across a sprawling 12 acres featuring 9 towers and houses 336 premium residences, four exclusive villas, 60 apartments for the economically weaker sections, a clubhouse, a shopping complex, and numerous other premium amenities.

Mahindra Windchimes, Bengaluru

Mahindra Windchimes is located on Bannerghatta Road in Bengaluru, this luxurious development is spread over 5.85 acres and provides the combined benefits of urban conveniences in a serene environment.

Constructed using advanced aluminium formwork, it features two towers housing 204 premium apartments, and an array of world-class amenities.

Top 10 road construction companies in India

 

Paving the way: India’s leading road construction companies

With rising investments in the construction sector and strong policy support, India’s road network has expanded by 59% over the last decade, becoming the second largest in the world.

As the backbone of the country’s infrastructural and industrial development, road construction plays a vital role in the country’s economic growth.

India’s total road network spans nearly 66.71 lakh km, with the National Highways network alone accounting for 146,145 km in 2023. Here is a list of the top ten road construction companies driving this rapid infrastructure growth:

Larsen & Toubro (L&T)

Established in 1938, L&T is one of India’s oldest construction companies, building more than 13,500 km of rural and urban roads and other transport infrastructure like bridges, flyovers, toll booths, etc.

It has a global presence, with projects in over 50 countries across industries like infrastructure, power, and defence.

Notable projects: Delhi-Agra Road, Mumbai Coastal Road Project, Unnao Lucknow Express Highway

Dilip Buildcon Limited

Founded in 1987, Dilip Buildcon Ltd. is based in Bhopal, Madhya Pradesh and boasts extensive expertise in road construction. It also won the Silver Award at the National Highway Awards for Excellence in 2018.

Notable projects: Mahagaon–Yavatmal Expressway, 6-lane Access Controlled Greenfield Highway, Karnataka

Shapoorji Pallonji & Company Private Limited

Established in 1865, Shapoorji Pallonji boasts a 150+ year legacy of innovation and excellence in construction, paving the way for India’s infrastructural development through landmark projects.

The group alone is responsible for infrastructure constructing over 4,500 km of roads in the country and over 150 bridges and flyovers globally.

Notable projects: Mahatma Gandhi Setu, Atal Tunnel, Chenab Railway Bridge, etc.

Afcons Infrastructure Limited

Based in Mumbai and founded in 1959, Afcons Infrastructure Ltd. is a subsidiary of the SP Group. It has significantly contributed to the country’s infrastructure development through multiple roadways, bridges, metros, viaducts, port projects etc.

Notable projects: 3-Grade Separator, New Delhi, Airoli Bridge, Mumbai–Nagpur Super Communication Expressway

IRB Infrastructure Developers

A leading player in the roadway and highway Build-Operate-Transfer (BOT) market, IRB Infrastructure Developers is India’s first multinational road infrastructure developer.

It also delivered India’s first BOT project along with 26 highway projects and 15,500 km of road infrastructure across the country.

Notable projects: Ahmedabad–Vadodara Six Lane Expressway, Meerut–Budaun Six Lane Expressway, Yedeshi–Aurangabad Four Lane project

HG Infra Engineering Limited (HGIEL)

Established in 2003, HGIEL began as a civil construction firm with runway expansion, railroads and site development projects.

Today, it is one of the largest construction companies in the road construction space and has also added water pipeline projects to its prestigious portfolio.

Notable projects: Ganga Expressway, Karala–Kanjhawala Road

NCC Infra

Based in Hyderabad, NCC Infra is a leader in the BOT services space and holds expertise in diverse sectors including roads, water, irrigation, railways, power, etc.

Notable projects: Ahmedabad–Vadodara National Expressway NE-1, Lane Elevated Highway Project on NH-7 in Bangalore

Tata Projects

A subsidiary of the Tata Group, Tata Projects is renowned for its large-scale urban and industrial infrastructure projects. Besides road infrastructure, it has a diverse portfolio including commercial buildings, airports, transmission, water and waste management sectors.

Notable projects: Chennai Outer Ring Road, Four lane Rambhan–Banihal Section of NH-1A

Hindustan Construction Company Ltd. (HCC)

Based in Mumbai, HCC was established in 1926 and has consistently delivered key infrastructure projects since its inception. It has worked on projects across multiple sectors including transportation, water, nuclear and hydroelectric power, and urban development.

Notable projects: Mumbai–Pune Expressway, Chennai Bypass, Delhi-Faridabad Elevated Expressway

Gayatri Projects

A subsidiary of the Gayatri Group, Gayatri Projects is a leading Indian infrastructure company specialising in road construction, irrigation, and industrial projects. The company has played a pivotal role in developing several key highways and irrigation systems across India, contributing significantly to the nation’s infrastructure growth.

Notable projects: Nagpur–Mumbai Expressway, Purvanchal Expressways, 6 Lane Tunnel at Khambataki Ghat.

Why invest in Thane?

 

Image Source — https://en.wikipedia.org/wiki/Thane

Thane: A realty treasure trove

Thane, once considered a quiet suburb of Mumbai, has rapidly transformed into one of the most promising real estate destinations next to Mumbai.

With its exceptional connectivity, robust infrastructure, and growing social and public amenities, Thane offers an attractive blend of modern conveniences and serene living.

Thanks to its diverse property options, competitive prices, and impressive growth potential, the city is attracting home buyers and investors in equal measure.

Here are a few reasons why you too should consider joining them:

Seamless connectivity:

Thane is well-connected to Mumbai and other major areas through an extensive network of roadways, including the Eastern Express Highway, Ghodbunder Road, and Mumbai-Nashik Highway.

Its robust railway network links it to key suburbs and business hubs, offering seamless daily commutes. The upcoming metro lines and proposed infrastructure projects, such as the Thane-Borivali tunnel and the Thane-Vasai inland waterway, promise to enhance connectivity further, reducing travel time and improving accessibility.

This makes Thane an ideal location for both residents and investors, with excellent prospects for future growth.

Expanding infrastructure:

Thane’s infrastructure is rapidly expanding, making it a top choice for real estate investment. Key projects like the widening of Ghodbunder Road, new flyovers, and upcoming metro lines will significantly enhance connectivity and reduce congestion.

The city is also seeing growth in public amenities, including modern shopping complexes, healthcare centres, and recreational facilities. This robust infrastructure development elevates Thane’s appeal, promising a high quality of life and strong investment potential.

Employment opportunities:

Thane has emerged as a growing employment hub, housing several IT parks, business centres, industrial estates, corporations, and startups.

With its close proximity to Mumbai, Thane also attracts a sizable working population, leading to increased development and job prospects in finance, technology, manufacturing, and retail.

Additionally, the rise of commercial developments and the influx of new businesses have further benefited the local job market, making Thane an attractive destination for professionals seeking career growth.

Serene neighbourhoods:

Thane is known for its peaceful neighbourhoods that offer a perfect balance between urban living and natural tranquillity.

The city is surrounded by lush greenery, with numerous lakes, parks, and gardens providing a peaceful escape from the bustling city. Popular spots like Yeoor Hills, Upvan Lake, and the Sanjay Gandhi National Park are ideal for nature enthusiasts, offering hiking trails, bird-watching, and picnic areas.

This combination of serene living and lively recreation makes Thane the ideal destination for families and individuals seeking a well-rounded lifestyle.

Affordability:

Thane stands out as an attractive real estate market due to its affordability, especially compared to the soaring property rates of Mumbai.

The city offers a range of housing options, from budget-friendly apartments to premium residences, catering to diverse income groups.

Despite its rapid development and growing amenities, Thane has managed to maintain relatively lower property rates, making it an appealing choice for first-time homebuyers and investors.

The perfect investment opportunity:

Thane’s real estate market offers a unique blend of affordability and strong appreciation rates, making it an attractive investment opportunity.

Over the last 5 years, Thane has seen a price appreciation of 16.7% due to its expanding infrastructure, excellent connectivity, and growing employment opportunities.

This combination of affordability and promising returns makes investing in Thane real estate a smart financial move with long-term benefits.

So make the most of this real estate goldmine with Shapoorji Pallonji Real Estate (SPRE).

They offer an array of elegant homes boasting excellent connectivity and world-class amenities for a holistic and well-rounded lifestyle.

Northern Lights by Shapoorji Pallonji

Explore their elegant 2 and 3 BHK flats at Northern Lights, or their luxurious 3 and 4 BHK residences at the 51-storeyed Skyraa, one of the tallest residential towers in Thane.

To know more about their housing options at Pokhran Road №2, Thane, click here — https://shapoorjirealestate.com/