Pune in top spot of realty market
Many buyers and investors favour Pune compared to other major cities in case of real estate sector.
The main reason is due to hike in property prices, rigid government procedure and less demand in other cities.
According to a report presented by Liases and Foras, a real estate research firm, there has been a negative demand towards housing in metros like Delhi, Mumbai, Bangalore and Chennai.
Developers also stay away from the big cities and concentrate more on Pune because of less inflation in market and less appreciation on properties.
Source: Daily News & Analysis
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