Pune retail market is booming
Pimpri Chinchwad Municipal Corporation’s (PCMC) upcoming large townships have all the unique facilities at affordable price.
The new integrated townships are coming up in and around Pune which comprises of office space, recreation facilities and retail shops reduce the commuting time and travelling charges.
Areas such as Hadapsar is offering a growth in both commercial and residential sectors. Kumar Urban Development Limited (KUL) is planning to come up with more shopping complexes at Hinjewadi, Bibewewadi, the Baner-Pashan Link Road, Balewadi and Kondhwa. KUL is to invest over Rs 250 crores for the shopping complexes.
The retail sector does not only signify fashion and apparel brands but also the entry of international food retail chains. Malls like Phoenix Market City, Inorbit Mall, Koregaon Plaza and Magarpatta City Mall have bought a sudden growth in Viman Nagar. Developers identified that retail spaces with self-contained shops have excellent business potential to attract customers. In the future, the demand for housing is expected to rise as retail rise is further pushing the growth.
Pune realty sees fast-track growth
Affordable price, Apartment, Bibewewadi, Hadapsar, Hinjewadi, Inorbit Mall, Integrated townships, Investors, Kumar Urban Development Limited, Magarpatta City Mall, Office space, PCMC, Phoenix Market City, Pimpri-Chinchwad Municipal Corporation, Realty News, Residential Project, Residents
