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Rising from the COVID 19 setback, the real estate market has begun to bounce back in Pune. We can certainly see a huge shift in the real estate trends all over the country and it seems like the market has adjusted itself to become profitable for buyers and sellers.
A Buyer’s Delight: The current scenario of the real estate market is leaning towards being a buyer’s market. From attractive schemes to make finances easy for a buyer and also providing additional services such as leasing assistance, payment on possession & assured rentals to motivate buyers, this trend is ready to hold its place in the market for a long time.
The significance of a home: The experience of going through a lockdown has instilled the importance and value of having their own home in people’s minds. The value of the security and certainty a home provides has never been more apparent to people. Adding the above, the
work from home trend has become a part of most people’s lifestyle and is here to stay. Hence, we have noticed surge in home sales despite the economic conditions. Easy financial schemes and cheap home loans have also encouraged people in booking homes.
Emerging outskirts: Since buying property is too expensive within the heart of the city, a rise in development and sales around the main city areas is visible with cheaper and better options. With lavish townships that provide larger homes, more open space and a better quality of life, these areas have also easy connectivity to Pune’s top hubs and also provide a grander lifestyle.
Investors Playground: Since investment in Real Estate has been a surely profitable option, investors from around the world have displayed keenness in investing in the Pune market. Since top MNCs and gigantic corporates have moved to Pune, there is a noticeable rise in the migrant population of Pune that are looking for homes on a rental basis. Taking advantage of this,
investors have jumped in while making the most of affordable home loans and a major slash in stamp duty.