Prime Pune- II

By Nikita Parekh

Pune University Pune is developing rapidly and still it has huge  potential to attract more developments and it  will witness the progress in the coming  months. In the first part of Prime Pune we have  studied the cities overview, demographics and  scenario over land use and housing. In the  second part we will learn about the  developments and current progress, demand  and market view of the city, along with the    developments of other sectors which  contributes in the growth of Pune’s realty  market.

 

Market view as per 2013

Wakad, Baner, Aundh and Pashan in the Western region continued to remain priority housing destinations due to their close proximity to the industrial zone of Hinjewadi, easy accessibility to the Mumbai–Pune Expressway, and the presence of a large IT sector workforce. Furthermore, demand remained high in the Eastern regions of Wagholi, Kharadi and Hadapsar owing to availability of developed physical and social infrastructure, established organized retail, and proximity to the city airport. Additionally, close proximity to the EON SEZ, Kharadi and Magarpatta continued to promote Keshav Nagar (Eastern Pune) as a priority housing market. Capital values rose during 2013.





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