Pune has strong cultural traditions, is called as the Oxford of East in the educational field and is home to the engineering industry and the IT sector. While its proximity to Mumbai first shot Pune into prominence, it is no longer dependent on Mumbai for sustenance and growth. Many an investor from all over the country seek real estate opportunities in and around Pune. Apart from apartments and bungalows, one excellent avenue for investment is plots.
Why opt for a Plot in or around Pune?
Pune has expanded rapidly over the past few years and has become a preferred destination for several engineering, information technology, business process outsourcing and software companies who have set up facilities and centres. Pune is also seeing a large influx of population and talent from around the country and real estate has been in strong demand with good all-round appreciation in values. Opportunities for real estate acquisition are excellent in land and built-up property units and the city's growth and maturity into a mega city will result in good appreciation over the medium and long term. However, with a constant appreciation in the prices of real estate in Pune city, plots present a better investment opportunity for investors as well as buyers.
Pune has a natural scenic beauty and is surrounded by picturesque hills on all sides. With the city getting saturated with high rise apartments, areas in and around Pune present an excellent choice for buying a plot.
The advantages of buying a plot in Pune are many:
- Plots are still available at a reasonable rate in and around Pune
- Plots around Pune present scenic beauty
- You can plan whatever construction you want – be it a bungalow or