Buying a home always comes with a mix of excitement, nervousness and pride. Your first home is always cause for pride in your family and the moment you make your down payment, you begin a journey that involved responsibility, care and a whole lot of fun! There a number of builders who are setting up new projects in Pune to cater to the vast number of people who are looking for homes in Pune.

So what makes Pune the ideal location for builders to set up new projects? Here are a few reasons why Pune is one of the upcoming cities in terms of real estate in India today.

1. Pune is rapidly becoming one of the most developed cities in Maharashtra

Pune is home is a record number of colleges and universities – 35 engineering colleges and even more arts, science and private universities where a high emphasis in places on learning, development and cognitive, holistic growth of young minds. The focus on excellence in education has automatically made Pune a city of modern minds and individuals focusing on the development of the country as a whole. Pune has produced scientists, artists, engineers, entrepreneurs and officers of the government who have been an integral part of the development and success of the country.

2. Diverse Population in the City

Only 38% of Pune’s population is Maharashtrian. The population of Pune comprises of 20% North Indians,10% Tamilians, 14% Telugus, 10% Keralites, 8% Europeans, 5% Africans, 2% Bengalis and 6% a mixture of all races. So it has a truly cosmopolitan environment which fosters a healthy interaction of people between different races and communities.

3. Pune is the 8th most populated city in India

The influx of people into Pune every year because of college and work needs have resulted in a huge need for housing. The number of software companies in the city have also increased rapidly. With so many more people moving in to the city, builders in Pune have recognized the increased need for housing.

4. Location

Pune is located just a 3 hour drive away from Mumbai, the commercial hub of the country. However Pune does not face the same infrastructure issues as Mumbai, lack of space and sky high real estate prices. Thus, investors have shown a tendency to migrate towards Pune when it comes to making real estate purchases.

5. Quality of Life

Living in Pune allows you to enjoy a high standard of living at a much more affordable price. In fact Oxford Group gives you the option of owning golf course flats in Pune. These flats are located in the pristine landscape of Lavale. Enjoy the luxury of waking up to acres of greenery and the sound of birds in the sky every morning instead of blaring car horns! Flats in Mundhwa as well offer you the chance to live right by a gentle river lined with flower beds and trees.

Choosing to invest in residential projects in Pune is a great opportunity for builders and businessmen!