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| MAYUR SAMRUDDHI - MARKET SCENARIO |
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Pimpri Chinchwad Municipal Corporation region is one of the fastest developing areas in Pune.
Demand in Real Estate Sector has exceeded rapidly with the Presence of various industries like Pharmaceutical, Automobiles, other Ancillary and Manufacturing units.
Demand for houses has been mainly from employees working in these companies, but in the recent past demand from employees working in IT industry has increased as more and more IT companies are setting up their operations in Hinjewadi (Rajiv Gandhi) IT park in the western part of Pune, which is closer to Pimpri-Chinchwad region and other IT companies in Talawade IT Park.
According to the fresh research reports Pune & PimpriChinchwad property has become highly lucrative for realtors. And particularly for the developers those are involved in developing IT offices due to the growth of the IT/ITes sector in the city. Market analyst said that "Pune has of late emerged as a preferred IT/ITES destination of India."
As per reports from January to June, 2011, individually IT/ITes sector has contributed the 73percent of the total office space absorbed, followed by the manufacturing and engineering sector which contributed about 8.5% and 8.6% respectively.
Benefitting from world class infrastructure in terms of roads and flyovers it leads to obstruction free and truly pleasurable driving.
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