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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