Why NRIs Are Investing in Luxury Real Estate in Pune
For the NRIs, property investments in India hold an emotional value. They look at this investment as connecting to their roots. Appreciation and rental income are also the driving factors. Pune is the first preference of many NRIs seeking to invest in India.
NRI investments contribute to about 15-20% to total property sales in India. The NRI investments are approximately 30.5% of total investments in Pun. Investment hotspots such as Baner, Pimple Nilakh, and Kharadi, have a steady annual appreciation of 7-10%.
There are multiple reasons why NRIs love to own luxury flats in Pune. Let’s have a look.
Ample Job Opportunities
Pune as a booming IT and business hub, has witnessed exponential growth. Pune has pioneered the growth in IT, ITES sector. Many national, multinational companies have their base here. Automobile giants have their manufacturing in Pune. It is an ideal destination for thriving start-ups as well. This growth has created ample job opportunities for ambitious professionals, which are a boon to the real estate investment in Pune.
Excellent infrastructure
Pune’s luxury real estate market has received a significant boost thanks to rapid urbanization and growth of infrastructure. The fast-emerging metro network, is an efficient mode of transportation, that will facilitate rising values. NRI’s eyeing for rental income will benefit from the infrastructure, which supports luxurious projects with exclusive lifestyle amenities.
Multiple Location Options
Pune boasts of a wide range of luxurious locations, well connected to each other and to all prime areas. Locations such as Baner, Wakad, Talegaon, Hinjawadi, Ravet, Rahatani, Balewadi, Pashan offer excellent residential apartments in Pune. You can choose the location that suits your stature and choices.
Wide Range of Properties
Pune offers a wide spectrum of family centric luxury flats in Pune, part of a standalone project or luxury township. NRIs get to choose the lifestyle that appeals to their exclusive taste and specific demand. Magnificent projects, best locations, grand lifestyles, worldclass amenities, there is a whole world of luxury, waiting to be owned.
Changing Lifestyle Tastes
The globally aligned, young and ambitious NRIs are exploring intelligent designed luxury projects and thoughtfully designed futuristic homes in Pune. The tick the projects that are seamlessly connected to lifestyle, recreation, shopping, leisure, and vibrant, like-minded community. Whether they want to stay in the luxury apartment when they visit India, or they wish to rent it out, they want to own only the best-in-class.
Rewarding Returns
Pune property market is constantly on the rise, offering you the benefit of rising value. Thanks to high profile professionals, IT bigwigs, and business magnets looking for homes, real estate investment in Pune is a goldmine for the investor. Rental yields are amazing. Everything spells consistent capital appreciation and lucrative future.
Being part of Pune’s glorious growth story, is the dream of every NRI. Also, beautiful tourist spots and hill stations, including Lonavala, Mahabaleshwar, Alibaug, Panchgani are just a drive away. All this makes, Pune a highly attractive proposition for NRIs. We at Destination NXT have options for luxurious residential apartments in Pune, with exclusive lifestyle amenities. To explore more, we are just a call away.
