Pune has always been a great city to live in but with the establishment of IT companies over here, it became much more desirable. Education and pleasing climate have been always attracting people to settle down in Pune and to add to it, IT companies have brought a dramatic change in the real estate developments with the growing need for apartments in Pune.

Some years ago, numerous establishments took place at the well known IT hub – Rajiv Gandhi InfoTech Park which is located at Hinjewadi. Gradually, this sector grew into a bigger with more business being outsourced to Pune. International BPO companies outsourced their business to India, thus setting up the renowned Magarpatta Cyber City which is located at Hadapsar.

Gradually, Hadapsar transformed into a popular locality of Pune, which was once an underdeveloped eastern suburb of Pune. Today, Hadapsar is recognized for two SEZs – Magarpatta Cyber City and Fursungi IT Park which has given this locality a new direction in IT and ITes after Hinjewadi. Seeing the IT growth in Hadapsar, many real estate developers in Pune have launched residential projects thus providing accommodation to numerous IT professionals.

Majority of home buyers seeking flats in Hadapsar belong to the working class who are employed in this IT hub which houses big IT brands like Aviva, John Deere, IBM, TCS, Sybase, Avaya, BNY Mellon and many more. Moreover, Hadapsar easily connects to Kharadi which has EON SEZ housing IT companies. Hence, with such great commercial developments, IT sector now prefers Pune east for their business establishments.

These well paying jobs have polished the way of living for many. Thus developers in Pune are now introducing residential projects that cater to the changed and changing taste of urban lifestyle. One of the popular developers – The City Group, has launched Amanora Park Town which is an urbane residential township in Hadapsar. This township comprises of two exclusive and premium housing projects – Aspire Towers and Future Towers. Both of these projects of Amanora Township offer plush and lavish apartments in Pune along with lifestyle amenities for a complete and comfortable living.

Featuring a choice of apartments from 2 BHK, 2.5 BHK to 4 BHK Duplex and 6 BHK penthouses, Amanora Park Town is a haven to live in for the ones who seek a sophisticated lifestyle with additional conveniences that the locality offers.

Are you in search for a property market in India that promises good returns over the next few years? Welcome to Pune! Given the pace at which upscale residential and commercial properties are coming up in the city, making an investment here is only justified. Not only climate wise but Pune city scores high on the greenery and beauty quotient as well. Pune is also an important industrial sector of India. It is a cosmopolitan city in every sense.

Along with Pune’s ambient climate and surrounding, ample land availability, high education quotient and infrastructure are also the key reasons for establishing major manufacturing and administrative branches here. Other reasons like low rate of interests in banks, falling returns on mutual funds and fixed deposits are accountable for bringing Pune real estate investment in the limelight. Many big names in the IT, automobile and BPO sectors are firming up the property prices at most imperative locations of Pune.

Pune is also emerging as a prominent city for Business Process Outsourcing (BPO) companies. Companies like Convergys, WNS, Progeon, EXL and MphasiS have started their operations in Pune.