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.
2. 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.
3. 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.
4. 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.
5. 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