By Accommodation Times News Services
Pune 30th Oct 2015 : Pimpri and Chinchwad area adjoining to Pune Municipal Corporation is looking to set example of great demand even in this slow market. The area have been witnessing development and some of the projects are of international standards. Builders have unitedly created brand for the destination and it seems that entire Pune wants to shift to this area.
Local demand with inclusive growth fueled in and demand for better accommodation created with affordability and reasonable property price. A huge investment of US$. 7 bn in this financial year already promised and booked more NRIs are opting this area since close proximity to Hinjewadi, the IT hub and CBD , Mumbai and Pune.
The infrastructure and water availability to the region have given added advantage to the region. The rates ranging from Rs.25 Lakh for one BHK to Rs.32 Lakh, negotiable and three BHK ranging from Rs.45 Lakh to Rs.75 Lakh in new constructions. Second sale and old apartments is half the price of new construction but with less amenities.