Real estate sector remains constant in Pune
The real estate in Pune has shown signs of balance. According to a survey done by Jones Lang LeSalle (JLL), it was found that in last one month, leasing office space in Pune has been stable and there were no new supply of office spaces. Even the rents and capital value remained the same.
Surprisingly, the residential sector saw an amazing rise as the market was marked by affordable housing in compare to the rest of the metro cities as said by Knight Frank, realty research firm. They also stated that the Pune marketplace is essentially end user influenced and thus definitely not subject to a lot volatility.
The existing circumstance possesses a lot of hints to a superior period for the real estate investment industry within the forthcoming year.
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