The property market in Pune has noticed a resilient demand in spite of the current economic slowdown. This is because there is a sustained demand for inexpensive properties from the burgeoning IT / ITES, manufacturing and industrial sectors in the city. Add to this, residence costs are relatively ‘affordable’ in Pune in contrast to other markets such as Mumbai Metropolitan Area (MMR) and National Capital Region (NCR).

The realty market in Pune has shown healthful growth across most asset segments. There is a perceived shift in direction of large-rise apartments a trend of deviating from standalone buildings and bungalows to luxury flats and furnished apartments. These provide better security, enhanced social life, far better amenities, and central facilities upkeep.

Luxury housing constitutes two-3 % of the total residential industry in Pune the consumers are higher-degree executives from the city’s corporate houses, successful entrepreneurs, NRIs returning to Pune and also traders and finish-end users from Mumbai. Sobha Constrained has launched two prestigious higher-finish residential tasks in the luxury homes section, Sobha Garnet and Sobha Orion.
Sobha Garnet is an uber-luxury venture located off the NIBM Road Kondhwa, Pune. A single of Sobha’s new residential tasks in Pune, this magnificent building is an epitome of all that is opulent and comfy. These luxurious apartments are offered in possibilities of 3 and 4 bedroom sizes and luxury penthouses with optimum use of normal light, ventilation and greenery with out compromising on the privacy factor. 118 premium homes are housed across Blocks I and II, and spread above seven.five acres of land. Sobha Garnet provides residential flats in the super-luxury category with balcony and private terrace, Sobha’s ode to grandeur and finesse.

Sobha Orion is yet another superlative luxury project from Sobha Constrained. This project as well, gives luxury apartments and penthouses – stylish residential apartments in a 14 storey tower housing swanky 1 and 2 bedroom flats. Sobha Orion offers the combined luxuries of getting in the midst of nature although enjoying all the conveniences of a modern day and sophisticated residing expertise. State-of-the-artwork gymnasiums, swimming pools, 3 clubhouses and amphitheatre, children’s perform location, separate reading spot and a host of sporting pursuits ensure there is no dearth of recreation at Sobha Orion.

Sobha Constrained has also launched projects in the affordable, middle-cash flow section class. Amid the new housing tasks coming up in one more lively genuine estate micro-market place, Kothrud, Sobha Elanza stands out. The task delivers 184 luxury flats in configurations of three and 4 bedroom apartments, and duplex premium homes and penthouses. The Elanza 3 BHK exclusive properties are obtainable in ‘comfort’ and ‘compact’ choices as effectively.

Those looking to invest in residential home in Pune would do well to contemplate these new residential projects from Sobha Restricted, a single of south India’s most respected builders.

For more info go to: http://www.sobha.com

Dale Frisch

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