Q:Approximately 25% of buyers in Pune are pure investors, they purchase properties only for the purpose of benefiting from rental income and capital appreciation.
Latest Answer: The tertiary or services sector, which includes but is not limited to IT/ITeS, BPO, KPO, banking and retail services, accounts for roughly 55%. The services sector, particularly the IT/ITeS segment, drives the demand for homes in the more developed urban areas. These homes come to be in the price bracket of Rs. 50 lakh to 1.5 crore, and around 65% of the housing projects in Pune are currently targeted at this sector.
