The real estate market in Pune, luckily for the developers in Pune and to the disappointment of the buyers is not slowing down, akin to the stock exchange. Unlike stick exchange where we are seeing depreciation, Pune property rates are not going down at all. The property rates, on the contrary are going up at an alarming pace. In fact, following the Union Budget 2012-2013, the real-estate sector in Pune is gearing up for a considerable property rate hike following the new excise and service tax rates. Property buyers henceforth will have to pay approximately 50-100 Rs more per square feet on purchase of a property. The good news is that those who have already booked properties they will not have to bear the brunt of the hike. So basically, Pune real estate is going to continue with its winning streak!
In addition to the price hike, there is also a talk going on about withdrawal of concessions to the IT sector and that IT firms be charged commercial property tax rates amongst the political circles in Pune. All the same, residential real estate developers in Pune are having a good time and are making hay while the sun shines. A recent report mentioned that almost 80% of apartments in Pune were sold out between second half of 2011 and 2011 year end. Another aspect which has prominently come up as far as Pune properties are concerned is the fact that more and more young and upwardly mobile professionals in the age group of 30-35 are opting for lifestyle and luxury apartments in Pune.
They are not afraid to shell out extra money as far as they get exactly what they want in a desirable location. Well and builders in Pune are more than happy to ring in the profits by giving the buyers precisely what they want. The influx of professionals and students from all over the country has further increased the demand for apartments in Pune. Flats in Baner, Hinjewadi, Kharadi, Sinhagad Road and Wagholi are the most sought after. With stable property rates, opportunities for growth and a metropolitan population, developers and designers of national and international repute too are setting anchors in Pune. Without a speck of doubt, they have added that touch of class and international standard and style to the properties in Pune.
What we see today are lavish and snazzy Pune properties, with exquisite designs and world class amenities. One of the builders in Pune who is identified with these features is D.S.Kulkarni Developers Limited. A front runner among developers in Pune, D.S. Kulkarni Developers Limited has quality residential projects all over the city in the choicest of locations and Baner is one of them. D.S. Kulkarni Developers Limited has been prudent enough to tap the opportunity Baner has to offer. Consequently the company has a couple of great projects with stylish lifestyle flats in Baner. DSK Vidyanagari, designed by world renowned architect Hafeez Contractor offers 1 & 2 BHK elegant apartments. It has everything you can ask for – contemporary infrastructure, easy connectivity to the Mumbai-Pune Highway, proximity to prime areas such as Pashan, Kothrud, and Hinjewadi.
The same is the case with Gandhakosh, offering 1, 2 & 3 BHK premium apartments at Baner, backed by top-notch amenities like delightful water cascade, flower beds, temple, pedestrians’ plazas and more. These flats in Baner by D.S. Kulkarni Developers are amongst the finest properties when it comes to real estate in Pune. So get your dream home in either of these properties!