According to Jones Lang Lasalle Meghraj, Nashik is the new 'emerging' investment destination in Indian real estate

Thanks, Anuj Puri, Chairman & Country Head, Jones Lang Lasalle Meghraj, for the press release, "Real Estate Destinations 2008 - The show goes on..".

Now, when someone from U.S. will ask me "Should i invest in the Paranjape Schemes' Blue Ridge at Hinjewadi or 'Park Street' at Wakad?" or "what about Amanora Park?", i can give intelligent answer.

First, i will tell him, "Pune, is no more an investment destination." Yes, of course, i will refer to you. Anuj, I have already published your press release on my investment blog! But before i start talking about Nashik, i will try to convince him to invest in the ready possession or almost ready possession flats in Pune.

Yes, i do not mind if i sound dumb. I will take this risk. I feel for all my builder friends who's funds are locked in these projects. At the same time, i owe my readers too. So, it is my duty to explain why investing in the almost ready flats is more profitable and safe.

If caller insists on Pune, I can not jump to Nashik. I have to stop at Nashik phata and talk about Chakan and Talegaon. Anuj, hope you do not mind. Because you know, real estate is local business.

real estate Indian real estate Pune real estate Nashik real estate Jones Lang Lasalle Meghraj emerging investment destination in Indian real estate Anuj Puri, Chairman & Country Head, Jones Lang Lasalle Meghraj press release Paranjape Schemes\' Blue Ridge Hinjewadi Park Street at Wakad Amanora Park Chakan, Pune Talegaon, Pune