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Real Estate Forum on Investment In Pune

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Q: I want to know what is the future prospect of Pune Realty comparing with past record ?
Latest Answer: "If you are to compare Punes Realty prospects from before to now then you are to witness a drastic change graph. There was a time people passed Pune on their way to Mumbai and it was a stop over, but in recent years the city demographics have changed. This change has had a significant impact on the demand for real estate in Pune, in terms of sizes and the type of houses. Until the 1990s, Pune was more like a getaway and the only residents were people who enjoyed a laid back life. The basic idea was to get a place away from the city and somewhere cheap and accessible, Pune was that place. In 1990 Pune started to emerge as an IT company destination. With the springing up of commercial structures and educational institutions people started to take note of this city. Nowadays the annual demand for residential plots alone in Pune is close to 46000 units, where it was less than 20000 units per annum just a few years ago. Supply and demand of homes in Pune continues to make property inv
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Latest Answer: Hi Mr Rohit, According to me, local zoning office can give you the designated `building setback’ for the property in question (building setback requirements are common, they provide required quality consistency to the buildings in the given area).These are essential for independent homes. When you take these setbacks and regulations into account you will get to know if there is  enough room to build something worthwhile.
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