Tag: IT

There was a time when Pune was known solely as an educational hub and a post-retirement city for government and Armed Forces personnel. But the scene in Pune today is far from laid back; it is vibrant and cosmopolitan to the core. After several IT and ITes giants chose Pune to set up shop, they attracted a large talent pool from across the country. Pune has always been a hub for automobile manufacturers and this business has also grown in the last few years. All the factors had a cascading effect on the real estate market on the city and there was a sudden property boom. Pune properties Wakad, Baner, Aundh, Kalyani Nagar, Viman Nagar etc witnessed great demand. In fact, the growth story in these pockets still continues.

The advantage of the property boom was that a number of players now offer residential projects with international standards. There are several real estate developers who have been offering 1 and 2 BHK flat in Pune since the last decade and more. These builders have emerged as the preferred option for buyers because they have a competitive edge over the new entrants in the market. In addition, those who have been around for a long time have their superior projects as a proof of their high construction standards. This is not the case with builders who have just one or two projects to their credit. Many reputed builders have a wide array of 3 BHK flat for sale in Pune.

When you are looking for a 2 or 3 BHK flat for sale in Pune it is advisable to choose a builder with enough experience. By doing this, you can be assured about investing your money in the right place. After all, buying a home is the culmination of years of hard work. There are ample flats in Pune for sale, but there are only a few classy projects.

In the last 2-3 years, Pune properties in Wakad have witnessed immense appreciation. They are still a great suburb to invest in. Wakad certainly tops the list when it comes to flats in Pune for sale. Following are a few reasons why Wakad is the preferred choice for many investors:

This area has a vibrant community of IT and ITes professionals. This has lent it a lively atmosphere as a lot of young working professionals are settled here. Most of these people work in the neighboring Hinjewadi IT Park.

The Municipal Corporation has been consistently working to develop wide roads in this area. This area also has a good supply of water and electricity. There are a number of good schools and hospitals in close vicinity, so it is convenient for those who have children.

Pune properties Wakad offers easy and quick access to the Mumbai-Bangalore national highway as well as the Pune-Mumbai Express Highway. If you are looking for a 2 BHK flat in Pune, Wakad is the best choice.

There is a new world-class cricket stadium coming up very close to Wakad. This stadium is sure to open to new avenues in the sporting arena.

All these reasons make Pune properties Wakad a preferred choice.

Having the privilege of being one of the 3 World Cities of India and named as the Silicon Valley of India, Bangalore is becoming the home to most of the top multinational software companies from around the globe. Bangalore real estate business has also got enhanced on back of the same aspect. Bangalore is today best acknowledged for its industrial and commercial development achieved in the recent years. Based on statistics, 30% of India’s 1 million IT professionals are employed by Bangalore based IT corporations alone. It is for this reason Bangalore real estate properties have developed into the 4th unmatched IT center in the world.

The MG road and the Brigade road imitate the standard of living and the quick adjustment in style and trend with which Bangalore is growing. This is the explanation why it is preferred by the younger age group making it the Fashion Capital of India. Consequently, the property market has hit the highest point in course of the present years. With liberalization, Bangalore which was once considered as a sleepy city is now witnessing a lively industrial growth, the real estate prices and rents have started flourishing. The price varies depending upon the location, construction type, accessibility and many other factors.

Reasons for This Exceptional Growth

Bangalore real estate properties are by and large is the most overvalued than any other. And the real estate division is witnessing admiration fast; purchasing property in Bangalore is worth the idea. Some of the main reasons why for this growth is:

1. The low cost operation base attracts a lot of NRIs to invest in real estate in this city.

2. The increase in demand for international state-of-art office spaces inside the city.

3. Budding economy of the nation.

4. FDI plans of the nation are deemed as the most reasonable and realistic for property investment.

5. Establishment of many multinational corporations, attracting professionals from nook and corner of the country.

6. High level of income of people in the city.

7. Soaring population that the city is encountering.

How to Select the Best Property

Before jumping into any conclusions, you need to consider some things in the property that you are procuring. To help you out, some of them are being listed as follows:

1. Whether it is well connected within or to the city.

2. Whether it is airy and well spaced.

3. Continuous supply of clean ground water.

4. Low maintenance cost, in case of an apartment house.

5. Car parking and lift facility.

6. Have some commercial and industrial structures in close proximity.

7. Located close to hospitals, schools and supermarkets.

Due to a solid demand and limited supply, the major residential areas in central Bangalore persist to command top rental values. The property prices in Bangalore’s neighborhoods like Whitefield, Outer Ring Road (ORR), Sarjapur road, Bannerghatta Road, Hosur Road are sky rocketing. Sarjapur road continues to be the most preferred area due to its connectivity with major industrial locations.

Nagpur, referred to as the ‘orange city’, is located in Maharashtra. It is a major city and contributes heavily to the state economy. In fact, it is known as the second capital of Maharashtra. It is emerging as the most promising location for investment in India. The infrastructure development is leading cause for Nagpur as an investment destination in India.

Many IT and IT related companies have established base in Nagpur. Great infrastructure coupled with skilled labor is the chief reason for Nagpur being held as a preferred destination. It fully satisfies the pre-requisites of the IT industry; i.e. power and connectivity. IT majors such as Wipro, Infosys, and HCL have already established their centers in Nagpur and many others are following suit. This industry offers great investment potential and growth prospects.

Nagpur also has many specialized and premier institutes. These top-notch institutes are the major reason why there is an abundance of professionals available in Nagpur. Foreign investors can also look at investing in the education sector owing to Nagpur’s excellent infrastructure. Also, the government has relaxed some FDI norms for investing which is an added stimulus to invest in this sector.

The real estate sector in Nagpur is going through a boom time. The MIHAN (Multi Modal International Hub and Airport for Nagpur) is a project that is going to boost the real estate sector further. The International Airport is also going to be set up as a part of the MIHAN project which will further boost the prospects of Nagpur.

MIHAN is also set to have an Information Technology Center, a captive power and a health center along with other manufacturing units. The infrastructure is supposed to be top notch and up to international standards. This project will transform the landscape of Nagpur. Thus, the real estate sector offers good prospects and potential for investment with more government initiatives such as these.

The transport industry is yet another area for foreign investment. To keep pace with the industrialization and establish Nagpur as a world-class city, the transport avenues are going to need up-grades. Hence, this sector has the potential for foreign investment and expertise.

The tourism industry is an area for investment, too. This sector has already garnered 120 million dollars. Nagpur has many popular tourist locations such as the Ambazari Lake, Balaji Mandir and the Sitabuldi Fort. Tourists visit Nagpur frequently, especially during the winter season. This is another major area one can look to invest in.

Agriculture is a significant contributor to the economy of Nagpur. Crops such as sugarcane, wheat, pulses, and cotton are grown here. Nagpur is especially famous for its oranges worldwide. Hence, the agricultural sector is also a great avenue for investment.

Owing to its strategic location, it can also be used as a multi-model trans-shipment center for agro and industrial commodities within India. It can also act as an international complex for cargo products.

Nagpur offers a plethora of options and foreign investors can look to invest in the above mentioned areas and avenues in Nagpur to reap multiple benefits.

Now a days Luxury Apartments are mushrooming in every nook and corner of the country starting from Metros to emerging cities and state capitals over the last few years. Bhubaneswar, the capital city of Odisha is today having many residential apartments and the number is growing every single day. This culture of apartments has invaded the city many years back. Bhubaneswar is now a fast developing city in almost every sector like IT, education and even real estate. This city has drawn the attention and presence of many big real estate companies to the city in no time.

Real Estate Properties in Odisha is the best option for investment as the prices will increase soon due to this developing state. As soon as the economic growth gets back its momentum, you can see the boom in the properties prices. In past few years the real estate values have already moved up to 200 percent, when compared to the values before 5-years.

The demand for apartments in Bhubaneswar is too high. The demand is not just for the budget apartments but the same enthusiasm is for the Luxury apartments in Bhubaneswar. Today, you can find all kinds of luxury like multiple swimming pools, clubhouses, play grounds, multiple indoor and outdoor sports facilities including lawn tennis courts, shopping complex, mini theatres, well equipped gymnasium, jogging track, spacious car parking and many more inside the Apartment premises itself. You dont have to cross the apartment boundary to get anything for you or your family. Many kinds of flats are available for sale in Bhubaneswar starting from single bedroom apartments to Premium 3 BHK Apartments, 2 BHK Luxury Apartments, Luxury Penthouses and many more.

You can now choose the Apartments as per your requirements like how many bedrooms you will need as per your family and also based on your budgets and preferred amenities. There are many advantages with staying a Luxury Apartment or society. The main advantage is the apt security. You will have round the clock security arranged for the apartments. You also have many other facilities like no power cut as there will be 24 hours power back up provided. 24 Hours water supply to everyone and also lifts are available. The advanced and posh specifications like vitrified tiling in all rooms, granite kitchen, stylish bathrooms with premium quality sanitary fixtures and plumbing ,aluminum sliding windows and aesthetically designed doors are also usually a part of these luxurious apartments.

There are many real estate companies who have made their place in the real estate field by offering the best flats and apartments in Bhubaneswar over several years and even decades. Z Estates is such a trusted name in real estate industry of Bhubaneswar, Odisha with over two decades of impeccable track record in delivering over a dozen of finely built apartments with great customer experience. Besides the regular packages and facilities they also come up with many extra offers and luxury facilities. Presently Z Estates in building the largest luxury condominium in Odisha Z1 near Patia on NandanKanan Road, Bhubaneswar, which is nearing completion of its first phase luxury apartments. Interestingly enough, this Z1 luxury apartment complex or condominium boasts of multiple swimming pools, clubhouses, lawn tennis, badminton and basketball courts, shopping mall with multiplex theatre, piped gas and many more modern facilities while having over 20 acres of open space with world class landscaping.

Now you dont have to buy an already constructed apartment, rather you can book the apartment slot and give or select your specifications, fittings and furnishing and the apartment would be made according to your choice and taste. Investing on luxury apartments is also a best option as the price will never depreciate. You always get good value with every passing day.

Indore is a central Indian state that can best be described as the commercial capital of the Indian state of Madhya Pradesh. It’s also the largest city in Madhya Pradesh.
Economic State

Indore has a diverse population that makes it a favored region when it comes to products which are tested as a fresh concept. It is one of the fastest growing tier-II cities in India and is considered as a center for commerce in the central parts of the country. Indore is also becoming an IT hub with many IT industries flourishing in the state.

The immense growth of Indore has made it the highest contributor of tax revenues in the state. To efficiently harness the potential that is held by the exports in software industry, the government is setting up many Special Economic Zone (SEZ) projects in Indore.

Indore is also characterized by more conventional production and manufacturing industries. The textile industry is a major industry of Indore. Modern shopping and trading areas have come up as a result of the economic growth of the city and many shopping centers and malls are popping up across the city.

Investment

With numerous land development projects on the way, Indore is rapidly becoming the real estate hub of the country. Quite obviously, Indore has the highest real estate values in the state of Madhya Pradesh and after the completion of some major development projects; the real estate value is expected to soar further.

To encourage the participation of IT companies, the state government is planning to set up technology parks and SEZs to accommodate the IT industry in a dedicated zone within Indore. Urban development project is also underway to meet the requirements of individuals moving into the city for work purposes.

In recent years, the state government has also introduced many policies to encourage the development of Indore. The MP State Industrial Policy, 2004, provides specialized packages for loss making units. It also offers many efficient incentive schemes and aims at developing industries in Indore through a ‘cluster’ approach. The state government has acknowledged Textile, Pharmaceutical, IT, Auto Components and Food Processing as the priority sectors for the city.

With the constitution of industrial clusters around Indore, its economic geography has expanded rapidly in the recent years. The major economic clusters around Indore are located in Kheda, Sanwer, Pithampur and Dewas.

Due to all these reasons, Indore has become a hot destination for the investors.