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With the rise of Pune as one of the most cosmopolitan cities in India and is now being described as the best location for luxurious housing. With plenty of employment opportunities, the city has the most stable market for real estate in the nation. There is a constant increase in luxurious residential developments in Pune. Let’s take a look at many reasons.
The New Age Globe-Trotting Indian
With higher disposable incomes, modern-day Indians require a luxurious lifestyle. The desire to purchase and build luxurious homes is their status as a symbol of status. This is driven by the growing standards of living and the increasing disposable incomes among corporate executives, entrepreneurs, and software experts, as well as the children of traditionally wealthy families. They’re looking for more than the walls of the parking space. The rising number of young Indians living in Pune is among the main motives for investing in Pune.
Over 110 multinational companies are headquartered in Pune, Pune boasts of some of the largest and most impressive IT parks in India. There are more than five designated areas for IT in Pune with the Rajiv Gandhi Infotech Park located in Hinjewadi being the largest of them all. The IT Park is home to the presence of the major corporations, including TCS, Infosys, Wipro, Persistent, Cognizant, Accenture, and more. The number of multinational companies that are based in Pune is always growing, increasing the city’s job opportunities. Traveling around all over the world, they want amenities that are on par with other cities around the globe. Due to the expanding economy and a huge need for luxury homes.
Excellent Social and Civil Infrastructure
Pune’s inclusion on the Smart City list in India will provide excellent social and civic infrastructure over the next few years. Pune has an established infrastructure and is a flourishing center of education, with world-class malls. There’s an excellent nightlife scene with a largely younger population that has impressive buying power.
Trends in property prices in Pune
Pune is an investment in popularity. The rapid expansion of IT along with the shifting demographics, and an abundance of organized retail have boosted the real estate market in Pune. It is becoming a popular destination for investment among Mumbaikars due to the high cost of property in Mumbai. The city is a testament to the best and most exquisite projects that the country can showcase. The cost of properties is on an increase in value due to the level of development Pune is experiencing, making it a desirable location for investing.
Connection to the Mumbai / Cosmopolitan Crowd
The close proximity of Pune to the city that is the largest commercial center of India, Mumbai, attracts a lot of people. The population of IT in Pune does not only want an exceptional quality of life, but also a high-quality living. The increasing flow of population of the country to Pune has created a city that is cosmopolitan, with over half of the inhabitants of people from outside Maharashtra. The demand for luxury living is growing rapidly.
The Spires Luxury residential property in Aundh, Pune
If you’re in search of an extraordinary experience in your daily life, then check out “The Spires” by Naiknavare which is one of the most renowned real estate companies. It brings to the city iconic luxury residential projects located in Pune The Spires is a project that will redefine the standards of high-end living. The Spires is situated in the well-known and luxurious neighborhood of Aundh The Spires project comes with an open-to-buy option with 5 and 4 BHK models. It has top-quality amenities that are in line with the lifestyle of its international residents. The project features homes designed with the highest level of precision and exquisite design aesthetics, stunning views, and luxurious lifestyle-centric features. The Spires is a place that is beyond imagination- a living one that the top of the creme strives to.
These apartments located in Pune provide the perfect mix of luxury living as well as premium amenities such as the sky lounge that offers stunning views and a Party Lawn with barbeque Area Multi-purpose Court conference room, Accessible ramp for luxury vehicles Separate Driver’s Dorm with a gym, swimming pool, separate kids jacuzzi, pool and more.
Pune has witnessed a new lifestyle revolution thanks to ‘ The Spires Be part of the few who are privileged.