Why must NRIs consider Pune for investment?

 

Pune: The NRI guide to the perfect realty investment

As one of India’s most dynamic and rapidly developing cities, Pune has emerged as a real estate hotspot, especially among Non-Resident Indians (NRIs).

The city’s cultural and economic context, favourable market conditions, and supportive legal and management frameworks have made it a prime destination for NRI investment.

With the ever-appreciating dollar, here are a few reasons why NRIs should consider using their disposable income in this lucrative market:

Strategic location:

As a key economic node close to Mumbai and connected to major Indian cities, Pune’s location significantly enhances its real estate appeal.

It enjoys excellent connectivity via road, rail, and air, with easy access to other important industrial, commercial, and IT hubs.

Its booming job market, rich cultural heritage, and proximity to popular tourist attractions ensure a well-balanced lifestyle for its residents.

Promising rental yields:

Being an educational, IT, and industrial hub, Pune attracts scores of migrants seeking educational and employment opportunities.

Often dubbed the ‘Oxford of the East’, Pune is home to several prominent academic institutions such as Pune University, Symbiosis International University, and National Institute of Technology.

It is also one of India’s largest automobile manufacturing and IT hubs, housing reputed companies like Infosys, Wipro, Accenture, etc.

These factors have helped establish Pune as a sizable rental market, with rising demands and appreciating prices.

Expanding infrastructure:

Another significant driving force behind Pune’s booming real estate market is its rapid infrastructural development, including large-scale public transport projects like the Pune Metro, the proposed Ring Road project, and the expansion of Pune International Airport.

These projects will increase inter and intra-city mobility, making the city and its suburbs easily accessible. They also increase demand and price appreciation in the real estate sector, making it a lucrative investment opportunity.

NRI-friendly frameworks:

One of the factors discouraging NRIs from investing in the Indian real estate market is their inability to be involved in the buying and property management process firsthand.

However, with Pune’s NRI-friendly tailored property management networks, they can rest assured that all their headaches will be swiftly and efficiently resolved.

Since the RERA Act of 2016, the real estate market has evolved into a transparent and investor-friendly environment, with a supportive legal framework that safeguards their interests.

These factors, along with the city’s affordable and appreciating property rates make it a profitable investment for NRIs.

Attractive properties in Pune:

So, unlock Pune’s real estate potential with Joyville Homes! Their strategically placed and highly sought-after homes offer elegant living experiences with excellent connectivity, holistic living, and world-class amenities.

Explore their affordable 2 and 3 BHK homes in Hadapsar at Joyville Hadapsar Annexe and Joyville Celestia; or know more about their premium 3 BHK Duplexes with family rooms at Joyville Sky-Luxe Edition.

Enjoy the best of both worlds in spacious but affordable 2 and 3 BHK flats in Hinjawadi, at Joyville Sensorium, nestled on the banks of the Mula River.

To learn more about Joville Homes properties in Pune, click here — https://www.joyvillehomes.com/

Pune West vs Pune East

 

The Pune problem: Invest in East or West?

That someone wishes to buy a home in Pune needs little explanation; the vibrant city with its rich cultural heritage and ever-expanding industrial and technological infrastructure has become a real estate hotspot attracting homebuyers and real estate investors in equal measure.

However, one question arises: whether to buy a home in East or West Pune. Due to each region’s unique charms and advantages, this often turns into an unending debate.

Here is an analysis of both areas to help you make an informed decision:

East Pune:

East Pune reflects the city’s traditional character, housing its various forts, temples, and tourist attractions of cultural and historical importance. It features serene neighbourhoods and a laid-back atmosphere, unlike the fast-paced West. Due to its semi-rural and developing status, the cost of living and real estate prices are relatively lower in East Pune, as are the returns on investment.

The East is ideal for buyers who wish to adopt a peaceful lifestyle away from the chaos of the city. The region does show some promise in areas like Hadaspar, Viman Nagar, Koregaon Park, Manjhri, and Wagholi, which are well-connected to IT hubs like Magarpatta City, SP Infocity, etc.

West Pune:

The West reflects Pune’s urban modernity, featuring sprawling IT parks, entertainment centres, and residential townships. It houses prestigious educational institutions like the University of Pune, Savitribhai Phule University, Indhira College, etc, for which the city was dubbed the Oxford of the East.

The area enjoys robust connectivity due to its proximity to the Mumbai-Pune Expressway, further boosted by the newly inaugurated Metro Line Project and the proposed Pune Ring Road project.

The headquarters of numerous reputed private institutions are situated along the western corridor of the city, thus attracting a huge working population and ensuring rental income for homeowners.

The West has also shown a relatively better price appreciation across the years compared to the East, with strong and steady increases. While there might be a few inconveniences like higher cost of living or traffic congestion, West Pune’s advantages far exceed those of the East.

Our choice:

While the East has its many charms, it is evident that to look for your dream home, the West is the way to go. With its numerous residential townships, urban amenities, and recreational facilities, West Pune is the ideal destination to put down roots.

So make the most of West Pune with Shapoorji Pallonji Real Estate (SPRE). Whether you are a professional looking for affordable housing close to your workplace, or an expanding family searching for spacious homes in a serene and child-friendly neighbourhood, SPRE has something for everyone.

Explore their 1 and 2-BHK homes at Joyville Hinjawadi, or spacious 2 and 3-BHKs with pristine golf land-facing towers at Golfland, Vanaha in Bavdhan. Experience a holistic and well-balanced lifestyle with SPRE. To know more about their offerings in Pune, click here — https://shapoorjirealestate.com/

Originally Published at - https://industryupdates.medium.com/pune-west-vs-pune-east-3ff8de0e5ec8

2 BHK and 3 BHK Flats for Sale in Popular localities in Pune

 

Pune’s prime picks: 2 BHK and 3 BHK homes in the city

Finding the perfect home is a dream for many, and with its rapid urbanisation, rich cultural heritage, and charming localities, Pune offers homebuyers a wide range of attractive options.

Whether you are a young professional looking for affordable 2 BHK options, a growing family looking for spacious 3 BHK apartments, or want to upgrade to luxurious living: Pune has something for everyone.

Here is a list of popular localities that not only offer holistic living but also are a great investment opportunity:

Hadapsar:

The eastern suburb of Hadapsar, located near the Mumbai-Hyderabad Highway, is an increasingly popular location for real estate investors and homebuyers. It enjoys robust connectivity and houses many popular shopping malls, reputed schools, hospitals, and recreational spots, making it an ideal choice for families and young professionals.

At Hadapsar, Joyville Homes by SPRE offers a range of elegant apartments with world-class amenities that encourage a holistic and well-balanced lifestyle:

Joyville Hadaspar Annexe: 2 and 3 BHK flats in Hadapsar with exceptional amenities at affordable prices, starting at just ₹65 lakh.

Joyville Celestia: 2 and 3 BHK flats in Hadapsar starting at ₹71.90 lakh that prioritise your health and well-being above all else, with 40 state-of-the-art amenities.

Joyville Sky-Luxe Edition: Experience luxurious living with premium 3 BHK Duplexes in Pune with family rooms and exclusive penthouses starting at ₹1.55 Cr.

SPRE Wildernest: Make your everyday exclusive with elegant 3 and 4 BHK residences and villas amid nature’s tranquil lap, starting at ₹1.74 Cr.

SP Kingstown: Luxurious 3 and 4 Bed residences in a serene oasis in the city.

Hinjawadi:

Dubbed “Pune’s Silicon Valley” and located along the Mumbai-Pune Expressway, Hinjewadi enjoys excellent connectivity and houses multiple IT parks and tech giants. It offers a vibrant lifestyle with its wide range of entertainment options in addition to reputed educational and healthcare institutions.

Joyville Sensorium: Spacious but affordable 2 and 3 BHK flats in Hinjawadi nestled on the banks of the Mula River. Starting at ₹89.27 lakh, Sensorium promises spectacular views, lush landscaping, and luxurious amenities for a well-rounded lifestyle.

Bavdhan:

The southwestern suburb of Bavdhan offers a unique blend of modern amenities in a countryside setting. Bavdhan offers lush hillside views and vast open spaces while still enjoying the benefits of robust connectivity and infrastructure, ideal for raising families or buyers wanting to retreat from the busy city life.

Golfland, Vanaha by SPRE: Starting at ₹1.25 Cr^, their 1 BHK Duplex, 2 BHK, 3 BHK + i-Room, and 4 BHK ∞ & townhouse offerings promise modern golf course-facing homes cradled by the tranquillity of nature for an elevated and well-balanced lifestyle.

So don’t miss out on Pune’s unique charms and explore Joyville Homes’ various offerings now! From affordable homes to regal abodes, find your dream home today according to your lifestyle and budget.

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

Originally Published at - 

 https://industryupdates.medium.com/2-bhk-and-3-bhk-flats-for-sale-in-popular-localities-in-pune-e9305b46132f

Which is the best area in Pune to buy a flat?

 

Unlocking Pune’s property potential: Best areas to invest

As one of India’s most vibrant and rapidly developing cities, Pune has become a hotspot for real estate investment.

Known for its evolving IT sector, esteemed educational institutions, and rich cultural heritage, Pune offers a unique blend of opportunities for investors looking to capitalise on the city’s growth.

Whether you are a seasoned investor or a first-time buyer, Pune’s diverse real estate market has something for everyone.

Here are some of the locales that promise the best returns:

1. Hadapsar

Hadapsar, a rapidly growing suburb in Pune, has become the favoured choice of investors seeking high returns in the residential sector.

It is home to major IT parks like Magarpatta City and SP Infocity, attracting a steady influx of professionals and boosting demand for residential and commercial properties.

Hadapsar’s strategic location, with easy access to the Mumbai-Hyderabad Highway and Pune Ring Road, enhances its connectivity to key city areas and beyond.

The suburb houses many popular shopping malls, schools, hospitals, and recreational spots, making it an ideal choice for families and young professionals.

With ongoing infrastructural developments and a price appreciation of 25% over the past three years, Hadapsar presents an attractive opportunity for developers and home buyers.

Tap into Hadapsar’s real estate potential with Joyville Homes, by SPRE. They offer a range of elegant living experiences with holistic living, and world-class amenities designed for your every comfort and need.

Explore their affordable 2 and 3 BHK homes in Joyville Hadaspar Annexe and Joyville Celestia.

Know more about their premium 3 BHK Duplexes with family rooms at Joyville Sky-Luxe Edition, and their luxury 3 and 4 BHK residences and villas at SPRE Wildernest. To know more about their offerings, click here — https://shapoorjirealestate.com/residential/wildernest

Shapoorji Pallonji’s Wildernest

2. Hinjawadi

Hinjawadi, often hailed as Pune’s Silicon Valley, is a premier destination for real estate investment.

Known primarily for its sprawling IT parks and the presence of tech giants like Infosys and Wipro, Hinjawadi has rapidly transformed into a bustling commercial and residential hub.

The area boasts excellent connectivity via the Mumbai-Pune Expressway, making it a strategic choice for professionals seeking convenience and modern amenities.

With an array of luxury apartments, educational institutions, healthcare facilities, and entertainment options, Hinjawadi offers a vibrant lifestyle.

Its continuous infrastructure development and robust demand for rental properties make it the perfect investment opportunity, with a property price appreciation of 13% in the last year and up to 32% in the past three years.

Experience the best of Hinjawadi at Joyville Sensorium by Shapoorji Pallonji Real Estate (SPRE), with their spacious but affordable 2 and 3 BHK homes.

Nestled on the banks of the Mula River, their homes promise spectacular views, luxurious amenities, and a well-rounded lifestyle. To learn about their 2 and 3 BHK homes in Sensorium, click here — https://www.joyvillehomes.com/sensorium/

3. Bavdhan

Surrounded by lush green hills, Bavdhan provides scenic views and the ideal blend of the urban and country lifestyle.

It is the ideal location for buyers who wish to retreat from the bustling city and reconnect with nature.

Despite its natural charm, Bavdhan boasts robust infrastructure with well-developed roads, reputable schools, and modern healthcare and recreational facilities.

Its strategic location on Pune’s Western Corridor gives it easy access to the Mumbai-Pune Expressway and State Highway 60. The locale has seen a steady price appreciation in its residential real estate, with a hike of about 17% in the last two years.

Its proximity to Pune’s industrial and IT hubs promises attractive rental benefits and good capital gains.

Enjoy the best of both worlds at Golfland, Vanaha by SPRE. Their well-equipped township offers modern golf course-facing homes cradled by the tranquillity of nature.

Golfland at Vanaha

Explore their 1 BHK Duplex, 2 BHK, 3 BHK + i-Room, and 4 BHK ∞ & townhouse offerings that promise an elevated and well-balanced lifestyle here -https://shapoorjirealestate.com/residential/vanaha-golfland

4. Baner

The western suburb of Baner is known for its dynamic urban lifestyle with its upscale residential complexes, thriving commercial centres, and vibrant nightlife.

Its strategic location along the Mumbai-Bangalore Highway ensures seamless connectivity to the city’s IT hubs, educational institutions, and business districts, making it a preferred choice for professionals and families alike.

The area boasts an array of high-end restaurants, cafes, shopping malls, and recreational facilities, catering to a cosmopolitan crowd.

Due to rapid infrastructure development and high demand for premium housing, Baner not only promises a luxurious living experience but also attractive property appreciation (up by 29.8% in the last three years), making it a top pick for investors.

5. Kharadi

This rapidly developing eastern locality is home to EON IT Park and the World Trade Center housing numerous multinational companies and tech giants, making it a magnet for IT professionals.

Kharadi’s strategic location near the Pune Airport and its excellent connectivity to key areas like Viman Nagar, Koregaon Park, and Hadapsar enhance its appeal.

The area offers a balanced lifestyle with modern residential complexes, top-notch educational institutions, healthcare facilities, and vibrant entertainment options.

With ongoing infrastructure projects like road widening and the proposed metro line, Kharadi promises significant growth and price appreciation (up by 26.7% in the last three years).

Its thriving commercial environment and high demand for residential properties make it an ideal investment opportunity.

Is Hinjewadi a good place to invest?

 

Image Source — https://web.archive.org/web/20161011183804/http://www.panoramio.com/photo/5667099

Hinjewadi: the ideal investment opportunity

Synonymous with IT, Pune’s Hinjewadi is one of the fastest-growing real estate markets in the country. With its proximity to IT parks, rapid infrastructural development, and promising investment returns, Hinjewadi is quickly becoming the top choice for seasoned investors and first-time buyers.

Here are some reasons why you should consider joining the bandwagon:

IT hub of Pune:

Hinjewadi houses the Rajiv Gandhi Infotech Park, with over 150 IT, manufacturing, and pharmaceutical industries. It is one of the largest employment hubs in the city, with a working population of over 3 lakh people by prominent IT/ITES and non-IT companies.

Scores of residential projects have sprung up to accommodate these employees, encouraging a “work to walk” culture in the location.

Connectivity:

Strategically placed right next to the Mumbai-Pune Expressway, Hinjewadi is well connected to the commercial districts of Mumbai and Pune, along with surrounding IT hubs like Baner, Balewadi, and Pimpri Chinchwad.

Relative closeness to Pune International Airport and Pune Railway Station ensures efficient connectivity via other modes of transport as well. Inner ring roads and the upcoming Hinjewadi–Shivajinagar Metro Line are expected to aid accessibility for the better.

Infrastructure:

Hinjewadi has seen a slew of attractive infrastructural developments, with commercial, educational, and healthcare institutions catering to the needs of the people. Public amenities like recreational facilities and shopping centers assure a well-balanced lifestyle.

Hinjewadi currently has three phases, with an additional three phases under development. Moreover, security-centric projects, like installing CCTVs, are in the pipeline to ensure a safe and secure environment for residents.

Investment opportunities:

Hinjewadi has seen some of the most promising investment returns in real estate, with prices appreciating by 13% in the last year and up to 32% in the past three years. The location generates handsome returns through rental incomes due to its significant working and migrating population.

An array of greenfield residential projects ranging from affordable housing to premium residences makes Hinjewadi your perfect investment opportunity.

So look no further, for the best is right here! Experience decadence at Joyville Sensorium with their spacious, but affordable 2 and 3 BHK homes.

Nestled on the banks of the Mula River, this home promises spectacular views, luxurious amenities, and a well-rounded lifestyle.

To learn all about their 2 and 3 BHK homes in Sensorium, click here — https://www.joyvillehomes.com/sensorium/

Originally Published at - https://industryupdates.medium.com/is-hinjewadi-a-good-place-to-invest-954dc50ec3a9

Why invest in Manjri?

 

The suburban life awaits at Manjri

When it comes to identifying growing residential localities in Pune, the locality of Manjri, located east of Hadapsar and Magarpatta is the first that comes to one’s mind. Once a quaint village, the area of Manjri has now developed into a robust locality catering to the needs of one and all.

Here’s why Manjri should be your next consideration if you are looking to invest in property in Pune:

Prime location:

With proximity to major IT hubs like SP Infocity and Magarpatta, Manjri is emerging as a sensible investment option for residential purposes. Located amid industrial areas and IT parks, this well-developed locality is home to residential homes, apartments and plots that offer all the facilities of a well-developed residential space, amidst a touch of nature. A clean and healthy environment, complemented by the availability of good schools, hospitals and markets in the vicinity has made it a well-livable area.

Accessibility:

Manjri is equipped with a robust and well-maintained road network system. The Pune Railway station is situated within an accessible distance and the Pune International Airport is also reasonably close.

Connectivity:

The area’s proximity to the Pune-Solapur Highway, Manjri Road, Saswad-Manjri Road and Uruli Kanchan-Manjri Road provide ease of accessibility within the city. In today’s time of rising traffic, tedious commutes and cumbersome travel times, the presence of a well-maintained network of roads is an extremely vital asset to a city.

Development:

The livability index has been improving with the development of physical infrastructure and enhanced connectivity in Manjri. As far as safety is concerned, safety in Manjri is not an issue to worry about. This region also has to offer a wide range of residential options catering to different economic sections of society. The presence of well-maintained healthcare facilities, educational institutions, recreational facilities, shopping centres and a plethora of public amenities make it a highly visited location.

Amidst all these highly lucrative benefits offered by the prime location of Manjri, there lies a gem in the crown of SP Kingstown — Joyville Celestia!

Offering 2 and 3 BHK homes in Manjri at affordable prices that offer a luxurious lifestyle, you can find a home where an all-rounded sense of wellness awaits. Visit https://www.joyvillehomes.com/ to know all about their 2 and 3 BHK homes in Celestia.

Originally Published at - Why invest in Manjri?