Tuesday 16 July 2013

Real Estate In Pune Reflects Ideal Luxury Homes

Pune has been seeing an exponential growth in luxury living by standalone homes. A luxury home can be defined by the high quality of home they have. This city has a rich historic background in luxury homes. This city has become part of the global technology movement and this fact is also reflected in the way luxury homes.
There are a large number of super-rich and ultra-modern apartments in Pune boosting the luxury real estate market. The arrival of the IT revolution has brought new luxury addresses to the forefront and also redefined ‘luxury’.
The innovative concepts, being employed by the city’s leading developers, have added a brand-new impressive style of housing. The concept of luxury housing has undergone many changes over the years; one aspect that has remained is spaciousness. Bigger units are considered luxurious, but only if the location, amenities and surrounding infrastructure are also favourable to luxury living. It is a combination of interior designs and world class amenities.
Earlier, a project with a swimming pool was considered to be luxurious. Now, it has become very common feature in most of the newly launched projects. Home buyers nowadays, expect much more from their surroundings and consider amenities a major factor while purchasing a luxury homes.
Luxury residences include exclusive amenities, that make a home luxurious providing wooden floorings with fine dining restaurants, gym, luxurious river facing penthouses and apartments, stand alone structure , beautiful landscapes, gardens, sky lounges and also any home buyers also prefer sidewalks and exercise area, in the housing societies. Also with prime locations, close proximity to basic and social infrastructure, makes living a real luxurious experience.
Micro-markets
Price for units above (1500 sq ft)
Price (Rs per sq ft)
Yerwada
Above 1 Cr
7200-8200
Bhosale Nagar
Above 3.51 Cr
13000-14000
Erandwane
Above 1.80 Cr
9600-11000
Kalyani Nagar
Above 1.40 Cr
7600-11000
Karve Road
Above 1.10 Cr
9100-10500
Salisbury Park
Above 1.09 Cr
10700-12900
Senapati Bopat Road
Above 1.50 Cr
11200-13200
Some of the leading luxurious projects are like Pooja Enclave by Pushpganga Ventures , Aurelia by KBD Group, Imperium by Mittal Brother Pvt Ltd, Uttam Townscapes by Fortune Developers and Infrastruture, Teerth Towers by Teerth Developers, Kool Homes Arena by Kool Homes, Bounty II and Brisa by Marvel Realtors and Nyati Chesterfield, Enclave by Nyati Group.
Economic growth, rise in the earning capacity, higher aspirations, global exposure, of people has led to the modern home seeker to demand homes that match global standards. The modern residential complexes are a world in themselves and growth in residential projects will give an extra edge to the real estate market of Pune.


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