Maharashtra is India's third largest state in area and second largest in population after Uttar Pradesh. The state is witnessing new heights and largely attracting the builders. real estate Maharashtra offers lucrative investments as demand for both residential and commercial properties is coming with developments in these cities.
Mumbai, the capital of the Indian state of Maharashtra, is making rapid strides as far as real estate is concerned. Property prices in Mumbai are at par with some of the international cities in the world. The city owes a major part of its credit to the large scale investments in the commercial sector. real estate Mumbai has always been the hot favorite of builders and investors. With a high proliferation of multi-national companies and BPOs, the demand for office space in Mumbai has shot up as never before, which have created an imbalance between supply and demand for residential properties.
Another famous city in the state of Maharashtra is Pune. Located in the western Indian state of Maharashtra, Pune is the 8th largest urban agglomeration of India. The city is fast emerging as the most sought after destination by MNCs. Several factors are there that make investments in Pune properties worth the idea. The foremost reason is property prices which are still less than metros like Bangalore and Mumbai.
Pune property market possesses large potential which is further shown by its comprehensive development that is believed to increase in near future. The city is also known as 'the Queen of Deccan'. Pune offers a unique blend of climatic conditions and infrastructure facilities which is highly favorable for the growth of industries. This provides a boost to commercial properties in Pune, which is further firming up on the back of demand from the IT/ITes sector.
About the Author
Amitabh Kumar, a writer by profession has been part of content research team of magazines, journal dealing with NRI, non resident Indian news, stories, and issues. Presently he is content writer in website - http://www.nrirealtynews.com emphasizing on Real estate India, property investment scenario in India.
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