Press Release - Desperate attempt of Pune real estate brokers - agents or a fact?
According to broker Raju Punjabi, Astitva Real-estates," The investor has almost entirely exited the Pune market and the residential sector is now driven by the serious end user." Since the residential property is available for sale at high capital costs and there is a wide gap between monthly EMI and monthly rent, the end user is moving towards the affordable rental option."
The monthly rental of a 2BHK flat:
A 2BHK apartment is the maximum transacted residential property in Pune and is currently fetching a monthly rental of Rs 15,000 in posh localities such as Koregaon Park and Kalyani Nagar.Kalyani Nagar due to its well laid out social infrastructure, good ambience and quality of life is in great demand by IT professionals.
If however the accommodation is semi/fully furnished the value goes up till Rs 20,000 per month.
In Kharadi which is an upcoming suburb of Pune, the monthly rental of a 2BHK is Rs 8-10,000 while in Viman Nagar, it is Rs 12,000.
Rental Market Driving Pune's Residential Real Estate
real estate Indian real estate Pune news Pune real estate Pune real estate market Pune real estate market news blog rental rent in Pune Press Release Pune real estate brokers / agents Pune real estate investors Pune residential property market end user EMI monthly rent home loans monthly rental of a 2BHK flat in Pune monthly rental of a 2BHK flat Koregaon Park monthly rental of a 2BHK flat Kalyani Nagar monthly rental of a 2BHK flat Kharadi monthly rental of a 2BHK flat Viman Nagar monthly rental of a semi/fully furnished 2BHK flat IT professionals. foreigners NRIs
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