The year 2013-14 will be a great market for the property investors. The places in pune are booming these days in terms of real estate. I am too planning to buy a flat in Pune, when i started searching for a good property in Pune,i saw that Baner, Wakad, Balewadi are few places which has developed a lot in such a short time span. While visiting few builders, i got to know about KBD Group, their sites are located at a very prime location and near are the areas like Hingewadi, bombay-pune express highway. So it is feasible for the people working nearby Baner, balewadi. Try KBD Group, i have got good reviews for this builder.
Furthermore, low cost housing will have a significant turn on Pune real estate market. Affordable/budget housing is still a good option or concept for the city unlike Mumbai.
Pune’s residential market in 2012 has been excellent and everyone is hoping it will continue the same this year as well. With increased spending power, residential property market in Pune will also see a boost. This in turn will increase the supply from developers which will help in keeping the prices rational.
Also, I have heard that the real estate sector in Pune hopes for increased provisions for external commercial borrowings for low-cost housing, tangible tax relief for individuals, and a greater investment in infrastructure.
With the upcoming Budget for the financial year 2013-14, Pune real estate has many hopes on it. The authorities in the finance ministry have already stepped onto the right path by taking steps to increase liquidity in the system by reducing the cash reserve ratio (CRR) as well as repo rates and bank lending rates for the buyers. With this initiave, there are hopes that investment will increase and growth volume also will boost up manifolds in real estate in Pune.