Saturday, April 21, 2012

Pune Real estate is in great demand in software sector

Real Estate activities in Pune have widened a great extent in the past decade. BPO and IT sectors and corporate houses looking for commercial properties in Pune have changed the face of Real Estate market in city.

Lot of commercial property of Pune is also occupied by malls, multiplexes, clubs and so on. People who want to lead a peaceful life wind up their space in metro cities and settle in Pune. Who migrate to Pune for work or due to transfers look for rented apartments and flats. All resulted into growth of Real Estate sector in Pune.

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IT infrastructure of India makes Pune its prime location which kept the Pune rentals market at the upfront. Residential houses on rent in Pune are available in plenty and at affordable rates.

Pune real estate prices are an upswing with capital appreciation of 25-30% per year.


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Large chunk of the population is migrating to Pune from various parts of country and has always been well known for high level education, culture, crowd and now the IT sector as well. Pune real estate market providing a numerous opportunities for the real estate developers and potential investors as well as the real estate agents in Pune, hence tackling huge market base is difficult.

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Providing a solution to real estate agent more professional and handy ? Realty Redefined Consultants is a platform which helps them manage their business effectively. Real estate developers can level the advantages of Realty Redefined Developers for most of the leads and efficiently manage bookings and payments.


Rightly said that IT acts as a backbone for realty sector accurately remembering such huge data of properties, areas, requirements, rates etc is not possible.

Pune Metropolitan Region real estate market continues to show the sign of stability in terms of demand and supply. Home buying in Pune has not decreased, judging by the increase in the sellout ratio from 78% to 80% from December 2011 and an increase in the rates of property in Pune in the last one year.

Increase of 2% in the sellout ratio is evidence to the fact that demand is pushing the prices upward, else you would have seen demand slowing down with a price increase. In Pune, property and quality of life were once synonymous but that can no longer be taken as given. It did not really matter much where one chose to buy property in Pune - all locations were more or less supportive of peaceful family life in their own right.

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