The fast growing real estate market in Pune has given an opportunity many promising builders and developers to prove their mettle. There are quite a few established names, who have taken the realty business to different level, in terms of quality, commitment and transparency in the deal. In a sense, they have set a sort of benchmark to many others.
Pune builders is a powerful business community. They are contributing to city’s speedy growth. The city is witnessing emergence of new sites, day in day out. There is a classic mix of new sites, which are catering to different classes of customers. While some of the Pune builders have put thrust on developing the sites for middle-class community, some prominent builders in Pune have concentrated their efforts on bringing up ultra-modern, state-of-the-art townships for an elite class. These sites are emerging to be the landmark in the outskirts like Baner, Hinjewadi, Magarpatta, Nanded, Vimannagar and so on. The sites providing budget homes for middle-class society are witnessed in the vicinity of Narhe, Ambegaon, Dhayari, Kharadi, Hadapsar, Wagholi etc.
The realty market in Pune has remained unexciting for quite some time. No steep rise in the rates is experienced and builders in Pune are preferring to hang out in a competitive environment by offering different concessions to lure the prospective investors.