Real Estate, Pune Real Estate: Pool of Investment opportunities
Real estate development in Pune can be seen primarily in the far eastern parts of the city such as Kharadi, Wagholi, Hadapsar; and the northern parts of the city, primarily the Pimpri-Chinchwad area. According to Ashok Verma, a Pune-based real estate agent, "Capital values in these belts are expected to appreciate between 10-15 per cent with overall returns including lease yields between 15-22 per cent in the next two-three years."
By and large, residential property value appreciation is hovering somewhere between 30-40 per cent and it is expected to rise further. Many NRIs from the Gulf are also investing in properties in Pune, as they consider it a lucrative option. Industry experts believe that, investors can anticipate a yield of up to 6 per cent with capital value appreciation of up to 50 per cent from Pune residential properties.
The current economic boom has also created a sizeable proportion of high net-worth individuals as well as a burgeoning upper-middle class, who are willing to invest in the real estate sector in Pune. As a result, there is a huge demand for luxurious homes. Though priced slightly high, there is an increasing trend of township projects in Pune, which are coming up especially in the peripheral areas.
Moreover, investors from Mumbai are also investing significantly in these township projects. They cost a pittance vis-à-vis Mumbai real estate prices and offer a viable option to invest in.
For more details on Pune Properties, log on to magicbricks.com
George Gonigal provides you the best and latest information on Chennai Real Estate, If you want to Hyderabad Real Estate, he suggests you log on to magicbricks.com
Related Tags: property, real estate, properties, buy, sell, builders, pune
Your Article Search Directory : Find in Articles
Recent articles in this category:
- 5 Reasons to Buy Jasper Real Estate
Jasper is a small town in North Georgia and it is growing rapidly. Since North Georgia Foreclosures - Ellijay Real Estate
Ellijay Georgia has always been known for it's outdoor activities and seasonal festivals. Downtown E - How to Deal With Blocked Drains
A blocked drain is an occurrence that happens eventually to all households. You may have experienced - The Benefits of Hiring a Plumbing Consultant
Your dream home may not always be brand new, with fresh paint and home essentials. There are certain - The Worst Mistake You Can Make When You Apply to Rent a Home
A whole new class of people has become renters and potential renters in America during the last thre - State of Individual Real Estate Markets
Everybody is well aware of the hit that the real estate market has taken over the past three years. - Thoughts on Avoiding the Landlord Trap
I've heard several people say they would never invest in a multifamily rental property because they - An Idea to Increase the Bottom Line of Your Investment Property
Are you pretty sure that you've already maximized the income coming from your property? If you've cl - Finding the Value of a Piece of Investment Real Estate
There is a lot of confusion about how much investment property is really worth. We'll look at three - Arkansas Land For Sale - Search Engine Optimization and Your Website
If you have Arkansas land for sale and are interested in advertising it on your website I have a few
Most viewed articles in this category:
- How High Did Home Prices Really Go
The U.S. Census Bureau released data on Tuesday that revealed where the nation's hottest markets wer - New Homeowners Tips for Household Safety
With so many items on their ¡°buying a home¡± checklist, few homeowners take into considerati - Truth About VA Foreclosures
Many people now days are finding themselves out of work and not being able to make the mortgage paym - Avoid Rookie Real Estate Investing Mistakes
When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of cours - Finding The Perfect Roommate On Craigslist
Craigslist, Roommates, and The Concerns Craigslist is "great" when it comes to looking for housing - The Forgotten Secret To Selling Property - Simple, Quick And Cheap
Why spend big dollars trying to get people to drive a long way to see your house, when your best pro - Get Amazing Results Selling Real Estate Online
This is the age of the internet. Why not take advantage of the widespread use of the internet to ad - Dallas Real Estate Information
In the United States, Dallas is considered as the second leading state according to the area. If any - The Largest Private Equity Indian Real Estate Deal
In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has inv - Fractional Real Estate Ownership
Fractional ownership of vacation ski condos is growing in popularity. Park City Utah a popular ski t