In general the Pune city mainly focusing on the academic side and presently many IT sectors have set up the base in Pune results the enormous increase observing the current situation of real estate market. The adequate climate and the spreading out of many IT companies such as Infosys, Wipro, and TCS ensure the advanced development of infrastructures and in the meantime control in pollution in the Pune city has become the desired dwelling place for the professionals. The increase in IT sector has generated explosion in housing accommodation and at the same time the demand for houses, flats and residential apartment buildingin the Pune city has become a vital.
In the major regions of Wakad, Bhaugaon, Aundh, Balewadi, Hingewadi, Kondhwa, Mitha Nagar has massively expanded recently and with the appearance of IT Sectors. Quite flats and apartment building in the major regions are always on demand. Apartment building in the Pune are of varied forms in order to outfit every individual’s budget and take care of all essential needs for living. Although the cost for apartment building in Pune city has been increased for the last 2 years and quite really suits the monetary plan of students. The realty market in the Pune city is still underestimating compared to other metropolitan city like Bangalore, Chandigarh and makes Pune the main cost effective place to accommodate.
Pune familiarly known as ‘Oxford Of East' and thus the increase of the educational institutions and apartments in the Pune city are always required, not only based on the infrastructure of the Pune city at the same time performs investors to make their invest on real estate properties. The ecological location of the Pune city nearby to Mumbai adds fuel to the increase in demand for flats and apartment building in Pune. Pune, once the pensioner’s paradise has observed a massive change in the current situation and at presently the IT sector witnessing many youngsters and NRIs to accommodate in the Pune city. Huge apartment buildings and modernized infrastructure facilities obtained at reasonable price in the Pune city has made the adjoining regions to develop constantly and individuals to own their desired dwelling place in the Pune city.