To be honest we are very optimistic on the growth rate of property rates and prices in Pune as after Mumbai we have Pune with in the reach and easily accessible to population who wants to be near Mumbai.
Have a look at the report published in Economic Times which is as appended below for quick assimilation:
Pune has witnessed a consistent real estate market in the last few years and continues to be one of the prime cities for residential investment. Healthy consumer demand, along with good economic drivers, has led to vigorous residential investments producing good yields. A high migrant influx offers a robust market for rental property. The primary catalyst that has changed the face of the city is the IT sector, fostering growth especially in the western region of the city; it is now capturing the eastern region as well.
Analysis of above report shows that an unprecedented growth waits to happen in Pune as it is a city which has very good climate (off late becoming worse due to pollution as earlier fans were not installed in Pune buildings and houses). Moreover it is going to be a happening IT destination and of course a fantastic educational destination for students.
