A time for change in Pune as Real estate developers have been using the slump in the markets to strengthen their skills and abilities in terms of locations, projects, sales, and customer services.
Developers in Pune will breathe a sigh of relief, as there is good news coming in on the city’s real estate industry. After many months of a slow growth, the realty market is slowly beginning to stabilize.
Experts are saying that despite the previous market sluggishness, there was still a demand for luxury homes. Realtors have been taking advantage of the current situation to highlight their luxury properties.
Builders in Pune are also realizing that the main goal should now be local expansion. This is the reason why they are choosing to develop real estate projects within the city and in the surrounding areas. They are selling residential flats at affordable prices.
Due to this, there has been a huge amount of customer absorption. Families and companies are seeing properties in Kharadi, Baner, Kharadi, Balewadi, and NIBM as great investments. This is said to bring a lot of infrastructural and financial growth to these areas. In fact, experts are saying that the city will see a 90% rise in future land plot rates.
Many real estate developers are tapping into these vast areas. They realize that customers are looking for transparency in business, projects with strong infrastructure, and excellent amenities. These areas are well-known for its infrastructure. The quality of amenities offered in these areas is often compared to the standard of quality provided in townships such as Magarpatta and Amanora. Also, as companies are expanding to different parts of the city, professionals prefer to have their homes close to their workplace.
The slump in the market has also been an opportunity for companies to enhance and strengthen their client servicing capabilities, their construction standards, and increase the variety of amenities in their real estate offerings. They are also enhancing their marketing strategies to bring different types of investors to visit their projects.
The outcome of this slow change may actually have some positive benefits, such as more investment capital, more entertainment destinations, more housing for the number of people shifting to Pune for work, etc. Investors can make immense financial gains by investing in properties in Kharadi, Aundh, Sinhagad Road, Baner, and other such areas.
Progress is a part and parcel of the amelioration of a city. Let’s hope that the real estate progress taking place in Pune will reap positive benefits in the short and the long term.
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Located at 15 min walking distance from station. Situated near to market, hospital, school, temple. It provides the finest for an Ideal Home.
It is one of the most reputable address of the city with easy access to many famed schools, shopping areas, hospitals, recreational areas, public gardens and several other public amenities. The Project is at a very good proximity from school, market, banks & station. A location which allows to enjoy a chill breeze of beach on weekend by just driving for 15 minutes.
Located next to Virar, it has direct road access to the Mumbai Ahmedabad Highway (NH-8). Mumbai Chhatrapati Shivaji International Airport and Bus stand are also easily accessible from here. In addition, beautiful beaches (Kelva, Mahim and Satpati), ancient forts (Kelva and Shirgaon) and Manor Dam in the vicinity of Palghar make the place an attractive tourist getaway. Maharashtra’s largest fishing center, Satpati is also at a driving distance from Palghar West.
About BM Group
BM Group (BM™) is a company established in early 90’s and is based in Mumbai, India. BM Group (BM™) serves for Property Development and Real Estate Consultancy of residential, commercial, warehouse, land, and retail leasing in different regions of Mumbai, Palghar, Thane, Ahmedabad, and Rajkot.
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