Residential Property in Pune

Pune has come a long way as a city and has created an identity of its own, leaving behind the shadow of Mumbai. As a dynamic and relatively young city it has a real estate market which is among the most important in the country.

The residential market in Pune has been resilient over the past few years while most other parts of the country have been in a slump (perhaps due to oversupply of residential properties in the market)A notable trend which may set Pune aside from other markets is that the demographics of home buyers may have changed.

Whereas the previous trend has pointed to homebuyers purchasing real estate between the ages of 26 and 31, it seems that due to a tentative job market, first time homebuyers are delaying purchasing homes until later, perhaps after they reach the age of 32.

A possible reason for this Real estate trend in Pune may suggest an aspirational change with young people looking for larger more upmarket homes which they may not be able to afford at a younger age. Call us- 0124-4370612