Are you an NRI (Non-Residents Indian) looking to invest in real estate in India but wondering where to put your money for the best returns? Look no further than Pune, the thriving city of Maharashtra. Pune, also known as the Cultural Capital Of Maharashtra, is a city booming with exponential growth and possibilities. In this blog, we will discuss why NRIs should make their real estate investment in Pune.
Pune isn’t just a city; it’s a land of dynamic cultures, commerce, and connectivity. It’s a city where tradition and modernity seamlessly blend, where the opportunities for growth abound, and where the real estate market is buzzing with great potential. What an NRI looks for is a strategic location, robust social infrastructure (including schools, medical facilities, and retail avenues), and the presence of multinational companies in thriving employment hubs. Pune checks all those boxes. Let’s see what makes Pune the best city of property investments for NRIs.
The 5 Best Reasons to Choose Pune for Real Estate Investment as an NRI
The strategic position of Pune makes it an ideal real estate investment destination for NRIs. The city is well-connected with the major cities of Bangalore, Mumbai, and Hyderabad. Besides that, the city is also connected to major highways and expressways including the Mumbai-Bangalore bypass, the Pune-Solapur Road, the Old Pune-Mumbai Road, and the Pune-Satara Road. This seamless connection and accessibility makes the city one of the best livable places in India.
Pune’s pleasant weather is another feather on its crown. The city enjoys a soothing climate throughout the year, which not only enhances the quality of life, but also attracts NRIs who are accustomed to different climates in their current locations. This pleasant weather in Pune is one of the key factors that encourage NRI property buyers to do real estate investment in Pune.
Pune, often referred to as The Oxford of the East, is a thriving IT and manufacturing hub. With over 400 companies like Infosys, Wipro, TATA Technologies, and other major players, it’s one of the leading urban communities in the country. Despite the surge of Covid-19 and the moderate supply of inventories, the Pune real estate market has witnessed a significant surge over the past two years, making it a highly desirable investment destination for NRIs.
Pune has established itself as a hub of education due to its prestigious institutions like Symbiosis International University, the Indian Institute of Science Education and Research, and the National Institute of Technology, making it an ideal destination for students. Those looking to generate a fixed income through student housing or rental properties might find it to be one of their best options.
Pune real estate market has the highest market value of any Indian metropolis because of its exponential population growth and ongoing development. This states clearly how real estate investment in Pune will yield high returns in the upcoming times. Areas like Hadapsar, Hinjewadi, and Pimpri-Chinchwad will have a high appreciation value due their seamless connectivity to IT parks and business centres. There is no wonder why NRIs can reap a great return on their Pune second homes.
Pune is just not a city, it’s a home of growth, diversity, and a thriving real estate market. In short, Pune is a hotspot for NRI property buyers. From its strategic locations, delightful weather to growing job opportunities, educational excellence, and a promising return of investment has positioned it as a sought-after destination for NRIs.
If you’re an NRI and planning to explore the Pune real estate landscape, specifically those who are interested in villa plots, look no further than 46 Banyan Tree, a place nestled away from the hustle and bustle of the city, but well connected to Hinjewadi and Pune – Mumbai expressway. It is also surrounded by the Western Ghats’ beautiful flora and fauna, which offers the residents an oasis of peace and tranquillity.
Book now and give yourself the freedom to live a sustainable and pristine life. If you need more information, visit our website right away!