These factors thus escalated the need for more and more residential projects and apartments in Pune. Moreover, as the influx of population increased, the prime areas started getting saturated, with no scope for real estate development. Consequently, the smart real estate developers took upon themselves to introduce Puneites to the potential the fringe areas had in store, regarding real estate in Pune. Developers then focused on developing areas like Kharadi, Hadapsar, Balewadi, Hinjewadi and Baner. These areas were typically close to the upcoming IT, auto and manufacturing hubs, thus walk to work culture was also encouraged by the builders.
Now, the situation is such that property buyers are getting fantastic appreciation for a property in Pune. It would not be entirely wrong to say that after gold, in Pune, real estate property is the best thing to invest in! The fact that some of the new regulations from the Union Budget 2012-2013 have led the rate of properties in Pune to increase by 50 to 100 Rs. Per sq. ft has not at all deterred the discerning and tasteful property buyers. This is because properties in Pune are still cheaper as compared to any other major city in India and it includes a good spectrum of options. For instance, apartments in Baner, especially premium luxury apartments in Baner was never on a property buyer’s radar till sometime back. Now, so many prospective buyers are going for apartments in this queen of suburbs in Pune.
B.U. Bhandari Landmarks is one of the renowned developers in Pune to have ecently launched a residential project Alacrity, offering luxurious 2 and 3 BHK apartments in Baner. Alacrity has everything a modern home buyer looks out for in a home – good design, quality construction, convenient location and the best of lifestyle amenities. This is surely a gem by B.U. Bhandari Landmarks for real estate in Pune and developers are sure to emulate the innovation and modern technique this builder uses in its projects!