With the global economy recovering from recession, real estate developers in Pune are breathing a sigh of relief. There is some good news for them, as real estate sector of India is expected to grow by 8.5 percent in the current fiscal year. All the experts believe that investing in projects of Pune would yield great profits. Some experts have even stated that at the present real estate sector is yielding the best returns ever. The current satisfactory state of the economy is one of the primary reasons for this development. Also in this year an additional availability of 3 million square feet would prove to be a trigger for growth in the already booming sector. The Central Statistics Office, Ministry of Statistics and Programmed Implementation estimates 8.6 percent gross domestic product growth, which is a 0.1 percent rise from the earlier estimates. This ensures investors that their money is safe in the real estate sector.
Investments in residential properties are the safest bit owing to the never-quenching demands for housing in Metro and Tier II cities. The Tier I cities of Mumbai and Delhi and Tier II cities such as Bangalore, Pune and Chennai are being flooded by investors. The most sought after properties are 2BHK in central areas and 3BHKs in the fringe areas of the city. Also, the newly proposed Maharashtra Housing Regulatory Development Act, ensures that homes are not a impossible dream for the common man. Pune, once the education capital of the country has seen phenomenal growth ever since becoming the IT-Hub. IT / ITes sector has become the primary factor for the growth of real estate developers in Pune.
Today, even the lesser known areas of Pune are getting attention of the real estate developers. Villas in Hadapsar and apartments in hadapsar, were practically unthinkable some years back, but with development there has been a drastic change in these areas. Also the standards of the projects have reached a completely new level, for instance Amanora Park Town has given a completely new definition to township projects.
Located in Hadapsar, Pune Amanora Park Town is a colossal township developed by the well known City Group headed by visionary Aniruddha Deshpande. Amanora, India’s first digital township is built under the ‘Maharashtra State Government's Special Township Policy’, offers 1, 1.5, 2, 2.5, 3, 3.5 and 4 BHK and custom made villas in Hadapsar, Pune. Amanora Sweet Water Villas are custom made villas which promise a completely new experience of luxury. City Group is truly one of the best real estate developers in Pune.
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