Contra - proximity to Mumbai is another hype. While Mumbai itself got corrected in RE prices by 30-40%, Pune builders still hold tight to their mahals.
How do you think job opportunities are increasing in Pune? Do you think the IT industry is going to hire like it happend a few years back? And for other people around who are in service, affording a home with current rates is far away from their dreams.
Pune is the worst city for a average earner. I am still able to find a decent meal for Rs25 in Bangalore or Mumbai. You show me such a place in Pune. This is just an example, there are hundred things like this.
wait for one more month, Pune builders will raise the rates saying water has become costly and not available for construction.
Last edited by tsongt; 01-07-09 at 03:34 PM.
|