Pune has evolved to be one of the most preferred cities, both from a consumer and an institutional perspective. Growing industrialisation and expansion of IT/ITeS activity has contributed to the overall economic landscape of the city, attracting millennials and residents across India for employment opportunities. Sound infrastructure with proximity to Mumbai and favourable weather conditions also contribute to the selection of the city on the liveability index. Access to reputed educational institutions and healthcare facilities have further improved the social matrix of the city.
With increase in economic activity and employment opportunities, Pune has attracted good traction in terms of real estate development, both commercial and residential. The socio-economic environment of the city makes it ideal as an end-user market with various project offerings to match price expectations of any consumer. With guidelines and regulations in place through the MahaRERA, the real estate market has further got organised in terms of timely delivery, high-quality of construction by reputed builders.
