The article highlights the real estate scenario in Pune city and provides a brief glimpse of the current architectural trends in the city.
Pune – a vibrant and multi-faceted city is the focal point for education, automobile and IT sector in India. Every year thousands of students as well as professionals flock to the city for higher education as well as better employment opportunities. The greatest impact of this migration can be observed on the real estate sector in Pune.
Real Estate Scenario
The property market in Pune city got a real boost only about a couple of decades back. As the city continued its rapid business expansion, the property market also witnessed a sudden rise. With ample land available freely, there was great scope to develop huge residential and commercial properties in and around the city.
As a part of this massive development, the city witnessed the rise of several large residential and commercial establishments. This also resulted in the rise of several suburbs as an extension of the main city.
The past few years have witnessed exceptionally high activity in the real estate sector with the construction of many shopping malls, multiplexes and offices. The trend is to adopt international style of design and construction with emphasis on excellent and innovative use of space, quality construction and beautiful landscaping.
The modern trend of construction has resulted in the creation of several buildings with unique design, cutting edge technology and contemporary architectural style. In fact, Pune is the first city to have two mega privately managed townships – Amanora and Magarpatta.
These townships consist of residential, commercial and business avenues and are managed by private authorities. Such concept-based living is considered as a feather in the cap for real estate developers in the city.
Apart from these residential townships, yet another first for the city has been the construction of a private hill station – Lavasa. Located amidst some of the most scenic hills and woods, the Lavasa comprises of luxury villas that are meant to provide an unforgettable holiday experience to the dwellers.
There are several property developers who have led the revolution in the property sector in the city. Some specialize in commercial establishments while some in residential and few in both the sectors. Some of the leading real estate developers include the Paranjpe Group, D.S. Kulkarni Developers, Kumar Builders, Rohan Builders, Kolte Patil Developers, Amrut Runwal Group and Darode-Jog Properties.
Thus, the real estate scenario in Pune is one of the most burgeoning features of the city and has kept up with the changing demands and tastes of the people.
One of the reasons why real estate is growing expansively is because of its immediacy with Mumbai. Since there are assorted IT and Auto companies in the city, the prices of real estate are higher and growing as compare to other cities around it. As far as Information Technology is concerned, Pune is growing as a destination for IT and BPO industries, which is why; there are new opportunities for real estate activities. There are various IT industries which are looking forward to locating in the city.
The city is going to be one of the hot destinations in India for real estate investors by reason of growing Software Companies. The commercial properties are also being sought for the expansion of multiplexes, clubs, malls, convention centers, retail stores and hotels. There is ample of scope for residential and commercial project in the city which tempts every real estate investor. Pune is developing to be one of the most preferred cities in the country.
By: Jim Karter
Posts Tagged ‘Unique Design’
Change your lifestyle with modern and contemporary furniture
September 4th, 2009It is modern time and it still continues in coming future. There are a lot of thing which can decorate our home and give it an attractive look. If you will see around you can see lot of thing. If you will see your past photograph and compare it with current scenario, you will feel “how the reality of past has been changed.” We all agreed nothing is static in this planet. Simply if you are going to discus about wearing, almost the trend of clothes has been changed every coming month. You don’t think weather it is expensive or not, you spend a lot of money for this. Instead all of this, why not pay out some money and time for home improvement and modernization. Modern and contemporary furniture will help you to convert your home into latest, even if it can be costly but the trend in style on homes has a longer time distance than the fashion on wearing. Buy applying this you can change your home lifestyle with latest and good looking modern furniture. Change your home by applying modern and contemporary furniture. Utilize modern furnishings as a start of combination other things on your interior design of your home. Just imaging how your home will look after applying such furniture. You can surf the internet or read some magazine so you have a plan on how to set up interior design your home. Prefer those decoration and style that will suited the architecture of your home and those things that you want to have in your home. You may use your own behavior in doing the drawing, this can be a good help and will definitely make happy you in the closing stages. Kipping your character and personality on doing the interior designing will 100% make you happy on the place and of course create a unique design of your own viewpoint and idea. You don’t require to garbage old things in your home, just do reuse some of them in the coming future. You can keep them on your storeroom knowing that style is changing and there will always be a occasion that those old furnishing will be in tendency soon. But with modern and contemporary furniture you can be confident that they will not be out of the style because of its can assume and be in trend no matter what period we have. We have a wide idea of what modern furniture is. Some consider that the modernity of home and lifestyle is based on the designing or the age at which they were prepared. Throughout four matters, you would be familiar with if modern and contemporary furniture is actually modern. Because of the function, the form, the style and the color you would know if your idea of fashionable furniture is actually modern.
By: Rafi Ghanim Michael