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Why NRIs Perceive Pune as a Great Residential Investment Opportunity?

Real estate Development in Pune

The real estate sector in Pune has quite a vivid picture in terms of its preference for NRIs. The NRIs who wish to invest in properties in India tend to stay away from unfamiliar and over-speculative cities. They either prefer investing in the native cities that are well-known to them or in those cities where they are quite sure of stable returns on investments. Recently, Pune tops the preference list for real estate investments for the NRIs, and the reason is quite simple. The city has taken over all other Indian cities with more than two hundred and ten IT companies, and this has led to the IT-driven demands for more and more residential properties in Pune. With the booming of the IT industry, the real estate sector has also flourished hand-in-hand and naturally, NRIs also prefer to invest smartly by buying flats in Pune either for personal stay or rental returns. They even show a lot of interest in buying luxury homes and higher-mid income spaces such as row houses in Pune. Also, there has been a significant interest in NRIs within under-construction projects as these are available at quite low prices. The investors who focus on the rental incomes often look for flats in Pune in areas that have sustainable demands for flats or row house in Pune from potential tenants.

Why NRIs are so attracted to Pune?

Pune, as an Indian city, is loved and preferred by most of the people, particularly the NRIs, because of several reasons:

 

Popular Areas in Pune

 The areas that have the highest real estate values in the city are

 

Other new areas are:

 

The most important aspect of finding a suitable residential property is reliability in terms of sources. But, NRIs need not worry anymore about the reliable source because the housing.com website is there to take care of it. Housing.com is a housing website where one gets updated information on the various residential properties that are available in various cities across India. As the website housing.com is now an absolute savior for many NRIs in terms of helping in every possible way to find the best-suited residential property in Pune as well as in other cities in India, let us understand some of the unique attributes of this website:

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