The cosmopolitan city of Pune has emerged as one of the most favorable destinations for investing in real estate. With its well-known educational institutions, improved infrastructure, pleasant weather, charming localities, and much more, buying a second home in Pune is a growing trend. It doesn’t just hold true for people already owning a home in Pune but also for people from outside Pune. The city is a great place to call home.
Should you go with the trend? Is the property for sale in Pune worth your money? Let us explore.
Why should you buy a second home in Pune?
Employment opportunities/ Academic options
Increased employment opportunities are one of many good reasons to invest in Pune. You never know you might land a job in Pune. Pune is a thriving commercial city with abundant employment opportunities, especially in IT, ITes companies, and now even in industrial & manufacturing sectors.
Great Rental Income
Pune is not just an employment hub but also one of the best cities for education. There are four universities, more than 20 engineering colleges, more than two hundred other colleges, and other nationally and internationally accredited institutions. Many foreign institutes are now setting up their institutes or tying up with the existing ones in Pune to establish a base in India.
It makes a case for a good demand for homes in the city and also good rental income for the owners.
Also check - Best Weekend Tourist Spots in and around Talegaon Dabhade, Pune
Emerging real estate hotspot/ Excellent ROI
Real estate investment in Pune is growing by leaps and bounds. A few years back, parts of the city that were considered the outskirts, are now thriving localities with new options for dining and shopping. Investors are reaping generous rewards for intelligent plays in the city’s growth pockets, and the city’s boundaries are constantly expanding to bring in more such pockets. Booking a space here now would fetch you handsome returns in years to come.
Weekend Getaways
Another reason for buying a second home in Pune is its proximity to weekend destinations such as Khandala and Lonavla, which lie only about 65 km away. There are places like Kamshet and Talegaon that are not much commercialized but are serene and scenic.
More and more people in Pune are now avoiding the chaotic existence of inner city life and embracing the privileges of living in less congested areas. There are two emerging second home destinations near Pune; Kamshet and Talegaon. While Talegaon is a suburb, Kamshet is about 45km away from Pune. Both these places are located at a higher altitude and have pleasant climates. Kamshet is known for adventure sports and scenic beauty. Many people book a second home here to spend their weekends in this scenic area away from city noise.
Renowned developer Namrata Group hosts residential projects in both Talegaon and Kamshet. Equipped with modern amenities and affordable pricing, they are a great investment bet if you’re buying a second home in Pune. In Talegaon, you may visit Happycity Varale and At Kamshet, you may go to Happycity Jijamata Chowk. Weekender’s Bird’s View.
Click here - Top Things To Do in Kamshet near Talegaon, Pune
With property prices skyrocketing in metros, investors and end-users are looking for attractive properties and opportunities in terms of variety, construction quality, ultra-modern amenities, and good ROI in city suburbs & outskirts.
Pune and its suburbs offer a healthy, less stressful, and more fulfilling lifestyle. Book your space until it’s too late!
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