We at Luxland help you find your own luxury home in Pune, and we will try and bring information not just regarding the projects, but also the City, the neighborhood, and the things that matter to you.
In this article, we want to update you on why Pune is one of the best cities to live in and why you should choose to live here?
Well, some of you would have heard that Pune is the cultural capital of Maharashtra and a hub for the automotive and IT sectors. Well, that’s right and we would add to that and say that Pune is an ever-growing industrial and urban hub located just a few hours away from Mumbai and well connected to the other parts of the states.
Pune City has well developed road network, good water supply, drainage and electricity. It has an upcoming metro and ring road project. Pune is surrounded by nature, open public spaces, gardens, playgrounds and there are many hospitals, large malls and multiplexes too. The city is also quite secure for women.
Now talking about the surrounding areas, Pune is close to many holiday destinations so whether it is a beach or a hill station that you like, everything comes in close proximity of 1-2 hour’s drive. All this helps in increasing the quality of life of people living here. The city is also well connected to various national and international destinations by air so you could easily hop out of the city whenever you wish to. Pune also has good road connectivity to other cities via various national and state highways and not to forget it boasts of India’s 1st six-lane expressway connecting to Mumbai in just 2 hours.
Another aspect about Pune is that it is a thriving friendly cosmopolitan city with vibrant nightlife, high-end restaurants, hotels and hosts some of the biggest festivals and cultural events in the country. Many national and international artists have performed here in the city. Talking about Pune weather, the city has the Most Amazing climatic conditions at any time of the year with no extremities. Also, the evenings are generally very pleasant.
Now, one point worth noting is that Pune holds the 2nd spot in the Ease of Living Index survey done out of 100 plus other Indian cities. This survey is an indicator of the quality of life for a city and is measured on four broad parameters of governance and social, physical, and economic infrastructure.
Pune has also been known as the oxford of the east and is an educational hub attracting youth demographic for decades… It has some very good schools, colleges, and higher education institutes for various streams. There are many reputed educational institutions such as Pune University, Fergusson College, Symbiosis, Bharati Vidhyapeeth, MIT, FTII & NIBM to name a few. To top it all post completion of one’s formal education one can pursue a career in the city itself by getting a job with a company based out of Pune. This brings us to another important point worth knowing is that Pune is one of the best places for businesses & start-ups. This we say because,
- Firstly there is an availability of talented Manpower due to presence big IT, manufacturing and automotive companies. Also, there is a huge number of students passing out of colleges every year adding to this talent pool.
- Secondly, Pune is a great test market for new products because of its diverse population which opens to trying out new things, and the city is a big consumer in itself.
- The next point is it is much easier and faster to commute within the city as compared to cities like Mumbai & Bangalore where once takes half an hour to travel 1 km sometimes… So your employees will have more time to devote to work than spend time commuting.
- Lastly why Pune is good for businesses is because of its Lower Real Estate Costs as compared to say a city like Mumbai. The residential rental is also much lower keeping even your employees smiling.
Now just to give you a perspective on premium residential real estate in Pune we will take an example of a 3-bed room 1800 sq ft residence in a prime locality which can start from anywhere between Rs 1.5 Crore and can go up to Rs 3.5 Crore for a luxury category. If you compare that to Mumbai where you would get a 1 Bedroom 600 Sq ft in western suburbs for around 1.8-1.9 CR. That’s a huge difference between what you pay and what you get.
We hope we have been able to give you some perspective on why Pune is one of the best cities to live in. There are many other aspects about the city which we will try and bring to you so that it helps you in your understanding of the city and property buying process.
Please contact us know if you have any questions or need help in buying a property in Pune. You may also comment if you have any thoughts on the topic.
Good Bye & Stay tuned.