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    Home chevron_right News & Artical chevron_right Pune realestate market POST COVID-19

    Pune realestate market POST COVID-19

    Pune real estate market shows signs of recovery: According to a report by Knight Frank, the Pune real estate market showed signs of recovery in the first half of 2022, with sales and launches picking up after a slowdown during the pandemic. The report cited factors such as reduced stamp duty rates and low interest rates as contributing to the recovery. Pune to get its own Development Plan (DP) for the first time: The Pune Municipal Corporation (PMC) has announced that it will prepare its own Development Plan (DP) for the city, marking the first time that the city will have a plan tailored to its specific needs. The plan is expected to address issues such as infrastructure development, affordable housing, and sustainable growth. Pune's Hinjewadi area sees a surge in demand for real estate: The Hinjewadi area in Pune has seen a surge in demand for real estate in recent years, driven by the growth of the IT and ITES sectors. The area is home to several IT parks and companies, making it an attractive location for professionals and investors alike. Pune's real estate market sees a rise in demand for eco-friendly homes: With increasing awareness about sustainability and environmental concerns, Pune's real estate market has seen a rise in demand for eco-friendly homes. Developers are now focusing on incorporating sustainable features such as rainwater harvesting, solar power, and green spaces into their projects. Pune's residential rental market shows signs of recovery: The residential rental market in Pune has shown signs of recovery after a prolonged slump during the pandemic. The easing of restrictions and the return of economic activity have led to an increase in demand for rental properties, particularly in areas close to commercial hubs and transportation nodes.

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