The Pune real estate sector has been a major beneficiary of the strong economic growth witnessed in pune since the year 2000.
The growth in the sector, supported by series of reforms, has not only resulted in significant residential and commercial real estate in pune, but also complemented the development of physical and social infrastructure.
Pune’s strong economic performance behind the success in real estate sector
The liberal economic policies, aimed at improving private participation, adopted by the Government has helped in capitalising the strong fundamentals of the economy which include young population, rising urbanisation and a growing middle-class population.
The investors are mostly looking out for high quality commercial properties in pune which are either complete or nearing completion as these assets can ensure immediate return.
The real estate sector which is deeply linked to the economic performance is expected to be a major beneficiary in the expected strong Indian economic growth. The major drivers supporting real estate sector include urbanisation, rising income level, young population and growing number of nuclear families, and strong expected growth in the manufacturing and service sector.
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