Residential Market Picking Up
The recessionary wave that had gripped the residential real estate sector in Pune, as in other major cities, has pulled back significantly in this city the market has become very vibrant with prices remaining stable, housing finance institutions offering unprecedented offers, and builders packing in more lifestyle amenities, demand has seen an upswing. However, the upswing doesn't yet cover all parts of the city. Also, the major and established builders enjoy clear customer preference over new names.Among the areas seeing a lot of investments in residential properties are Bavdhan, Aundh, Kharadi, Mundhwa-Hadapsar, Nagar Road and parts of Kothrud.

Entry of Corporate Players
The most significant change in Pune's real estate and business scenario in the recent past has been the entry of large corporate players who have built enormous office and exclusive shopping complexes. Among the major entrants are:- Godrej Properties with `Eternia' and `Millennium' in Shivajinagar and Koregaon Park respectively- GESCO, in collaboration with Singapore Technologies for `GE Plaza' on Nagar Road- Shappoorji Pallonji IT Park at Manjiri- RPG Group with Foodworld outlets at several locations- Tata Group with Westside chain - K Raheja Group with Shoppers Stop- Pyramyd megastore- Pantaloon apparel showroom near MG Road

New Malls
The shopping mall concept has arrived in Pune with a bang. The Camp area boasts of a few malls, and a few more are fast coming up in some parts of the city. The well established malls in the city include:
- Shoppers Stop
- Pyramyd
- Westside
- Pantaloon
- Foodworld (11 locations)
- Pune central

Entertainment Options
The cinema viewing experience has been transformed by state of the art multiplexes: 'City Pride' on Satara Road, 'E square' on university road and the latest 'Gold Adlabs' near kalyaninagar and 'Inox' in Camp. More multiplexes are slated to come up soon, at Wanowrie, Kothrud and Pimpri Chinchwad. Discos, water parks, go-karting tracks and water sports centres are the other recreational avenues drawing huge crowds, especially on weekends. See our Hot Properties listing for some of the best deals available for setting up new ventures.

Swanky Complexes
Responding to the needs of multinational and other new businesses setting up offices here, city-based builders have ventured into the construction of truly swanky complexes with architectural attractions like full glass frontage, atriums and capsule lifts. Multi-level parking, CCTV-based security and generator power backup are some of the standard features being offered. See our Hot Properties listing for some of the best deals available.

Eating Out
The large population of young, upwardly mobile (and usually double income) professionals in the city, and the huge community of students from other parts of the country has led to a phenomenal rise in new multi-cuisine and specialty restaurants.The highly popular, new hang-out joints in the city include McDonalds' two outlets, Pizza Hut (2 outlets), Barista (5 outlets), Café Coffee Day (3 outlets) and Marziano.

New IT Avenues
The availability of a huge pool of talented, educated men and women, sound infrastructure, and good law-and-order situation which ensures smooth round-the-clock operations is spurring interest in setting up of data and online service centres in the city. Pune is a very attractive option for shifting the entire IT backend operations of multinational corporations. See our Hot Properties listing for some of the best deals available for setting up new ventures. Unmet Demand in spite of all the exciting happenings in the real estate scenario of the city in the recent past, there remain several large areas of unmet demand.

Unmet Demand:
- the Aundh area close to Pune Infotech Park
lacks a shopping mall or multiplex
- the Kothrud area, though densely populated with high income earning professionals, and the upmarket Deccan Gymkhana does not have a single mall
- Pune lacks an adequate number of upmarket clubs
- there is good scope for takeovers and renewals of small retail outlets in prime locations. See our Hot Properties listing for some of the best deals available for setting up new ventures.

Industrial Plots for Sale
While virgin industrial land is hard to get at a reasonable price near Pune, our extensive surveys have identified several excellent deals from among industrial units that have closed down. Interested ? See our Hot Properties listing.

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