Pune’s real estate segment has a peculiarity. It has a fine blend of commercial, residential and commercial space. Unlike Chandigarh, another student city comparable to Pune, where residential real estate leads commercial and office property segment.
Pune is known to be a paradise for IT and ITES companies because of its affordable commercial real estate, good infrastructural and transport links. Pune is a favourite with home seekers, especially students and young professionals, who find affordable accommodation in the city. It is easy to find apartments, paying guests, serviced apartments at affordable costs in Pune.
Pune real estate residential developers are coming up with new and unique properties to attract the buyers. City-based Paranjape construction Ltd. is coming with integrated township that will host apartments, villas and bungalows. These apartments, called the Blue Ridge apartments, will have 2-bedroom, 3-bedroom and 4-bedrooms. The configuration for these apartments will be 2-bedroom (1121 – 1378 sq ft), 3-bedroom (1723 – 2462 sq ft, 4-bedroom (2500 sq ft0 respectively. The property prices for all these apartments are Rs 3200 per sq ft