Today Pune real estate market booming over the years, several new trends have transformed the real estate landscape in recent times, dramatically changing the way Punekars live and work. In the fast pase life Punekars are looking for the residential property where they can have an ample time with their loved ones. At Pune you can see the new trend of 'Township' is offered by the developers seeing the needs of the people where they can find every single thing near-by their homes so township project is the answer to their needs. Townships, which require a minimum of 100 acres of land, have made a radical difference to the average Punekar's lifestyle; residents are discovering the pleasures of having everything from shopping complexes to school, gyms and garden all within distance.
With abundant land parcels available in peripheral areas of the city, places like Hadapsar, Kharadi and Hinjewadi are among those that have proved ideal locations for such projects, breathing new life into these localities.
The residential townships coming in Pune and PCMC offer several advantages over other residential property configurations. However home buyers should be aware of such properties involve a 10-15% premium on account of the added ambience. Townships offer complete package of sound infrastructure, coupled with lifestyle amenities in a well planned layout.
Today, Pune boasts of good townships in various parts of the city. The popularity of townships among home buyers is due to the reason being able to go to planned city. Most things like basic infrastructure and internal roads are taken care of properly. Urbanisation is taking place in Pune and people are moving to the outskirts for a better life. Most townships have a different set-up and lifestyle with fantastic amenities, international design and good security. The space in this residential property will automatically guarantee a school admision for your child once you buy a home makes life easier for a new resident. It only becomes sensible for people being interested in such residential property in Pune.
Home buyers are also attracted to townships because of the quality of infrastructure that they offer as comapred to the rest of the city. Pune has always been reputed for offering a comfortable, high-quality standard of living to its residents. With a general shotage of infrastructure, increased air, water and noise pollution townships are the most suitable residential property solution.
Today Government of India's National Housing and Habitat Policy of 1998 has already named private townships as one of the components of its 'Housing Revolution' and the Government of Maharashtra is now encouraging the development of such townships to reduce the pressure on Pune's urban areas and to improve infrastructure. Such integrated development are beneficial both to home buyers and developers. While residents have the advantage of having all their needs met at a single location, townshipa also offer developers a variety of benefits – the development of mixed-use consrtuction, better branding opportunities and a chance to bring in new technologies such as those involving eco-friendly amenities. No wonder then that townships will help define the residential property market in this new year.
Author Resource:
PropTiger is an independent real estate advisor with a pan-India presence. We aspire to be your first port of call if you want to buy a Property in Pune Or Residential Property in Pune .
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