Pune is a cosmopolitan city and it is being touted as the premium destination for luxury housing now. The buzzing city has an ever-growing IT and software industry, with a bunch of millennials who constantly seek value addition and an ever-improving global aesthetic. Furthermore, a small but gradual shift has been observed in buying preference. Post-pandemic, there has been an increasing demand for luxury homes in Pune. Homebuyers are keen to invest in value-adding lifestyle homes that allow them not just a comfortable life but an alluring lifestyle experience with maximum convenience.
Decades back Pune was known as a laidback city offering good academic options. In the past few years, it has emerged as an employment and business hub (both manufacturing and IT). This has led to a steep demand for housing projects. With the rising disposable income of the residents and increasing aspirations, Pune now offers world-class luxury homes to those who desire.
Here are some of the key factors that have influenced this desire for luxury residential projects in Pune.
Luxury Homes in Pune -Why in Demand and What They Offer
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Better Lifestyle/ Living Standard
When it comes to living, the word comfortable is as good as the word luxurious. Being locked up for months post Covid-19 pandemic has transformed the idea of living for most people. As builders realize this mindset, more and more people are looking to buy luxury homes in Pune.
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Low-Interest Rates / Government Support
To recuperate from the pandemic damage, the government has initiated plenty of benefits for home buyers and builders alike! The primary benefit is low home loan lending rates, decreased stamp duty by some states, etc. Such introductions have made it easier and more convenient for homeowners to invest in their dream homes.
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Great Investment Option
Given the uncertainty and paranoia around the pandemic, there has been an overall mentality where people want to safeguard themselves and their families in the event of something untoward happening. This psyche has made luxury real estate projects a good investment for anyone trying to stabilize their future. Whether the prospect of consistent returns or comfortable living, the people have realized the potential of luxury real estate in Pune City.
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NRI Investments
Pune’s real estate scenario looks more and more worthy of investment. This has led the NRIs to lookout for luxury homes that come with multi-faceted benefits and living experiences. Pune’s favorable living conditions and the price difference compared to Mumbai city have made luxury properties in Pune a favorite amongst NRIs who wish to invest in their home country for end-use or long-term plans.
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The Globe-Trotting Indian
With higher disposable income, the new age Indians are demanding a world-class lifestyle. They want more than just four walls and a parking lot.
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Employment Opportunities
Home to over 110 MNCs, Pune boasts of some of the biggest and most stunning IT parks of India. There are huge manufacturing setups too. The number of multinationals in Pune is frequently on the rise, boosting the city’s employment rates. Having traveled the world, they seek amenities at par with elsewhere in the world.
Besides these, Pune’s proximity to the commercial capital of India – Mumbai, attracts many people. The demand for luxury life is catching up fast.
If you have been scanning luxury homes in Pune to buy, Eminence by Naiknavare Group is one project you must check out. These 4 BHK Apartments in Viman Nagar area are meant for those looking for exquisite living set up. These homes are efficiently designed to utilize every inch of space. Built as a hexagonal structure, each floor is built on multiple axes which allow ample natural light on every floor.
The spacious rooms in Naikanavare’s Eminence enjoy a special feature of ‘Noise Insulation’. Besides, you get to enjoy some world-class amenities such as a multipurpose hall, open-air theatre, barbecue counter, and a rooftop bar for the social buffs. There is a gymnasium, swimming pool, and a yoga center for fitness enthusiasts. Each apartment on the first floor gets its private gardens… Wow!
The various luxury projects in Pune offer everything: a self-sufficient or gated community, easy accessibility to conveniences, top-notch features, and amenities that the new age Indians demand. Aspire for more than just four walls, aspire for Eminence!