Gera Developments – Putting Real Estate in Pune on a Pedestal
Industry experts and insiders are going gaga over real estate in Pune these days. Well, it is no rocket science with the industry really on a high road in Pune and real estate prices hitting the skies. Pune astonishingly has experienced a lot of migration from other parts of the country in quest of either quality education or good lifestyle. According to a survey by a real estate developer in Pune in the last quarter or so of 2011, almost 80% of residential properties in Pune were sold out and only 20% were left. In addition to that, with the kind of infrastructure, development weather and cosmopolitan culture Pune has to offer, it has become the cynosure of the eyes of renowned international builders and architects too.
The fact that the Pune real estate market is completely consumer driven rather than investor driven is attracting leading developers not just from Maharashtra but from all over the country to venture in Pune real estate market. Another aspect is that real estate in the city is not as highly inflated as compared to other metros like Mumbai, Bangalore, etc and there is a low appreciation ratio. This is what is exactly drawing more property buyers and investors to Pune. However, to mention the bigger picture, with rise in IT and ITES industries in metros all over India, there has been a remarkable increase in the demand for residential properties. Builders in India and Pune are putting their best foot forward. But as per real estate reports, around the end of 2011 almost 1,147 residential projects have been delayed in six metros — Delhi, Mumbai, Pune, Hyderabad, Chennai and Bangalore. This shows the magnanimity and expanse of the industry in Pune too.
Given all this, however, one of the builders who are changing the face of real estate in Pune is Gera Developments, with a lot of residential properties in Pune and all over India. This developer in Pune has always chosen the choicest of the locations and has added to the progress of real estate in areas which had lagged behind so far. Couple of such areas which were earlier never a significant part of Pune real estate, but are bustling with construction activity, are Baner and Kharadi. Gera Developments has projects comprising duplexes and apartments in Pune. Regent Manor boasts of 3 BHK apartments in Baner, measuring 2400 sq. ft approximately. Complimented with all the modern amenities like tastefully done entrance lobby, vastu compliant homes, separate room for servants and so on, Regent Manor apartments in Pune are something you have always dreamt of as owning- A lifestyle of sheer luxury and convenience. If this was not enough, you get to design your heavenly abode. The location in Baner has another benefit as it provides easy access to Hinjewadi IT Park, Aundh, Pune University and Balewadi. The Bengaluru Highway is also close by and even Mumbai Pune Expressway is not too far off. Plus, the existence of all the conveniences required daily at a stone’s throw, Regent Manor is where your heart will be!
Likewise, Gera GreensVille SkyVillas is a spectacular project featuring unique 4 BHK duplex apartments in Kharadi, Pune. These duplex apartments designed as villas have redefined the concept of luxury and style in real estate in Pune. A huge clubhouse, landscaped gardens and backyards with picket fences for separate units adorn this grand residential project. Kharadi, moreover, is rapidly progressing towards being the next big thing when it comes to hubs in Pune with a SEZ and other companies nearby. It is eventually cultivating walk to work culture for Kharadi residents. So, to put a long story short, things for real estate in Pune are better than ever, thanks to apartments in Pune by Gera Developments, since almost 5 decades.
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