While the world is still reeling from the effects of COVID, the real estate sector has witnessed a post-pandemic boom. Home-owners, investors, and buyers are especially keen to invest in value-adding lifestyle homes that allow one to have not just a comfortable life but also promote an alluring lifestyle experience with maximum convenience, and high security, and safety.
Given its growing IT and software industry, a bunch of millennials who constantly seek value addition, and an ever-improving global aesthetic, Pune is one such city that has seen a high demand for luxury Housing properties in convenient locations. Furthermore, a small but gradual shift in preference spacious and more luxurious 3-4 BHK homes over 2 BHK homes has been noticed.
Here are some of the key factors that have influenced this desire for luxury residential projects:
The idea of a better lifestyle
When it comes to living, the word comfortable is as good as the word luxurious. Being locked up for months, in the end, has transformed the idea of living for most people. As builders realize this mindset, more and more luxury projects in Pune offer everything from a global aesthetic, a self-sufficient or gated community, easy accessibility, and top-notch features and amenities that allow residents to live a lifestyle that permits one to live freely and without restraint.
Government Support
The pandemic affected almost every business in the country – the real estate sector wasn’t spared either. To recuperate from the damage, the government initiated plenty of benefits for home buyers and builders alike! Some such introductions that made it easier and more convenient for homeowners to invest in their home dream were factors like low home loan rates, decreased stamp duty, reduced rates of interest.
Investment Purposes
With all the uncertainty and paranoia around the pandemic, there has been an overall mentality where people want to safeguard themselves and their families in the event of something untoward happening. This psyche has made luxury real estate projects a good investment for anyone trying to stabilize their future. Whether the prospect of consistent returns or comfortable living, the people have realized the potential of luxury real estate in Pune City.
NRI interest
As the real estate landscape in Pune looks more and more worthy of investment, NRIs too are on the lookout for luxury homes that come with multi-faceted benefits and living experiences. Pune’s favorable living conditions and the price difference compared to Mumbai city have made luxury properties in Pune a favorite amongst NRIs who wish to invest in their home country for end-use or long-term plans.
Check out Mittal Group’s luxury properties in the most central and chief areas within Pune city.
Complete with modern amenities and a host of features for a valuable lifestyle, Mittal Group is where your search for a dream home might end!