May
31
2013

Pune Real Estate: Growing Rationally

Property seekers in Pune have one more reason to cheer. Recently, the Estate Agents Association of Pune (EAAP) published and launched a directory of all organisations, institutes, professionals and agents on the topic of real estate. This directory has a database of Pune property registration offices in and around Pune, contact details of the all of the members of the EAAP and useful tips for purchasing and selling property.

Pune’s real estate segment has seen a whole lot of activity in recent years. Civic agencies and personal property developers and infrastructure companies have contributed significantly in upgrading the city’s infrastructure.

Property registration records also highlight this fact. Property transaction records have posted 17.6% growth in 2008. About 79, 973 new Pune properties were registered with the authorities in 2008, compared to only 68,004 in 2007. These figures sham the valuables reports that transactions have nosedived due to high property prices and rise in construction material like steel and cement.    

Prominent real estate builders like Kolte-Patil, Gera Properties, Mutha Group and Kumar Builders are active within the city. Local developers like Aditya Builders, Achlare Associates, Bhujbal and Brothers Construction Co. also are playing a serious part within the city’s real estate development.

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