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Submitted by: Mr. Sanjay Kumar

Pune real estate market booming over the years, new trends have transformed the real estate landscape in recent times. Dramatically Punekars are experiencing the change in living and working. Developers of Pune have brought the new trend of Township projects which require a minimum of 100 acres of land made a radical difference to the average Punekars lifestyle, residents and discovering the pleasures of having everything from educational institution to shopping complexes all things within walking distance.

Abundant land parcels are available in peripheral areas of the city that have proved ideal locations for such projects with breathing new life into these localities such places like Hinjewadi, Kharadi, Hadapsar are among those.

Townships figure prominently on Punes residential real estate landscape in 2012. Residential townships coming up in Pune and PCMC offer several advantages over other residential property in Pune. On account of the added ambiance the buyers should be aware of such properties involving a 10-15% premium. Now a days property in Pune are offering a complete package of sound infrastructure coupled with lifestyle amenities with a well planned layout known as the Township Projects.

Having their own infrastructure, so that they are not overly dependent on the local municipal corporation. Explaining, educational institutions, shopping, healthcare and entertainment facilities are available within this township projects adding considerably to the convenience and also cost saving aspects of owning home there. These township projects comes with higher security. Besides, they provide a lot of dedicated open spaces which add overall ambiance and quality to life.

In conclusion, construction and the standardised planning of townships ensure uniform appreciation values of property in Pune. In various part of Pune city the township project is growing up. On eastern zone of Pune, Hadapsar locality for instance, Amanora Park Town and Magarpatta City have become destinations in themselves for various established developers not only of Pune but also the different cities as well.

In recently published book, Magarpatta Citys pioneering efforts have been recognised targeting 3 billion – PURA: Innovative Solutions towards Sustainable Development by APJ Abdul Kalam and Srjan Pal Singh. In year 1990s, the urbanisation expanding and reaching their village and the Magars organised themselves to set up the Magarpatta Township Development and Construction Company and prepared a city development of their area. As of today the Magarpatta City is a home for 35,000 residents and 65,000 working population.

There are other townships projects in the city which include Megapolis a project at Hinjewadi by Pegasus Properties a joint venture between Kumar Properties and Avinash Bhosale Industries Ltd (ABIL). Township project is a larger development with built-in amenities and facilities.

The popularity of these residential property in Pune between the home buyers preferring these to smaller projects. The reason is being able to go to a planned city most things like basic infrastructure and internal roads are taken care of properly. Now people are moving to the outskirts for a better life and urbanisation is taking place in Pune as well.

Developers are now keeping in mind that the township projects should have different set-up and lifestyle with fantastic amenities with international design and good high-tech security. These residential property in Pune automatically guarantee an admission for your child in school once you buy a home that makes life easier for a new resident.

Home buyers are attracted to townships just because of quality of infrastructure that are offered compared to the rest of the property in Pune. These township projects are most suitable residential solution always been reputed for offering a comfortable and high quality standard of living with general shortage of infrastructure, water, increased air and noise free.

About the Author: PropTiger is an independent real estate advisor with a pan-India presence. We aspire to be your first port of call if you want to buy a property in Pune. Visit –

proptiger.com/property-in-pune-real-estate.php

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