5 Reasons Why NRIs Should Consider Pune for Real Estate Investment
India is a land of diverse cultures and cities. With the growth of the economy and infrastructure, the real estate industry has also seen a significant surge in recent years. Pune, also known as the "Oxford of the East," is a city that has emerged as a popular destination for investment in real estate. In this blog, we will discuss why NRIs should consider Pune to buy a home.
Pune has seen significant growth in its real estate industry over the years. The city is home to a large number of IT and manufacturing companies, which has increased demand for housing. With the boom in the real estate industry, many renowned builders like Lodha, have started constructing properties in Pune, offering NRIs a wide range of options to choose from.
Growing Job Opportunities
Pune has emerged as a significant IT hub in recent years, with companies like Infosys, Wipro, and Tata Technologies having their offices here. With the increase in job opportunities, many professionals are relocating to Pune, increasing in demand for housing. As an NRI, investing in a property in Pune can be a wise decision, as it offers the potential for rental income and capital appreciation.
Strategic Location
Pune is strategically located, making it an ideal destination for investment. The city is well-connected to major cities like Mumbai, Bangalore, and Hyderabad, making it an ideal location for businesses. The Pune International Airport has also emerged as a significant hub for both domestic and international flights. Pune is also connected to major highways and expressways, making it an ideal location for transportation.
Upgrading infrastructure
Pune's real estate market has received a significant boost due to the infrastructure upgrades planned in the city. One such upgrade is the construction of the metro network, which will provide an efficient and fast mode of transportation for the residents of the city. The first phase of the Pune Metro, covering a distance of 16.59 km, is under construction and is expected to be completed by 2023. The metro network will connect important areas of the city and reduce travel time, making it an attractive option for people looking to buy a home in Pune.
Educational Hub
Pune is home to some of the best educational institutions in India, making it an ideal location for students. The city has emerged as an educational hub, with prestigious institutions like Symbiosis International University, the Indian Institute of Science Education and Research, and the National Institute of Technology. With the increase in the number of students, the demand for housing has also increased, making it an ideal location for investment in real estate.
Quality of Life
Pune, the cultural capital of Maharashtra, is known for its rich culture, heritage, and history. The city has a plethora of historical landmarks, museums, and art galleries that reflect the city's cultural diversity. The city's vibrant cultural scene adds to its quality of life, making it an ideal location for people looking for a well-rounded lifestyle. Additionally, Pune's pleasant climate and lush green surroundings provide a tranquil environment, which adds to the city's charm. The city's cultural heritage and natural surroundings offer a unique blend of modern and traditional living, making it an attractive destination for NRIs looking to buy a home in India.
Pune, being one of the fastest-growing cities in India, has attracted Grade A developers like Lodha, to launch projects that cater to the changing needs of the buyers. NRIs investing in Pune's real estate market can have the advantage of getting access to such quality projects by renowned developers, which are equipped with modern amenities, infrastructure, and security. This ensures the investment is not only safe but also provides a comfortable lifestyle for the residents.
Lodha Projects In Pune
Bella Vita on NIBM Road is a true oasis of luxury and nature. The exclusive 2, 3, 4, and 5-bedroom residences and large decks will provide you and your family with the most joyous and enjoyable living experience. Each home is a work of art, with stunning views of orchards and the Anandvan forest.
Lodha Giardino is an urban oasis located in Kharadi, one of Pune's most desirable residential areas. With super spacious 2 & 3 BHK, Lodha Giardino is a complete ecosystem in and of itself, with over 1000 trees of various species, swimming pools, an engaging kid's play village, a serene temple and outdoor work-from-home spaces.
Belomondo, located on the banks of Pavana Lake, strives to provide the conveniences of a global lifestyle. It has studio, 2, 3, 4 BHK, and country house flats with the style and architecture of an international luxury resort. This can be used to enjoy the estate's perfect list of amenities, such as their 50,000 square foot club Belmondo, cricket ground, outdoor 25m swimming pool with Jacuzzi, banqueting staff, picnic spots, 30-seater private theatre, and so on.
4. The Reserve
The Reserve is an exclusive gated enclave of spacious 4-bed apartments, villas, and country houses set around a stunning golf course on the banks of the Pavana river within the 100-acre luxury resort of Lodha Belmondo.
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