The rise of the Indian Real Estate market and the factors associating with the growth

VTP Bellissimo / The rise of the Indian Real Estate market and the factors associating with the growth

Awareness regarding real investment is rising in the demand for various properties. The post-pandemic scenario has catalysed the real estate market as people have again started their investment journey. Metropolitan cities are the hotspot areas for real estate growth. Growing businesses in these metropolitan cities have attracted many job aspirants to these cities. To accommodate everyone, many real estate developers have constructed many projects which are a blend of both comfort and luxury. Real estate companies are trying to implement new designs so that all types of housing segments will have exposure.

Metro cities like Bengaluru, Mumbai, Pune, Chennai and Delhi have a large population and thereby the skylines of these cities are evolving with time. Along with metro cities, the Tier 2 and Tier 3 cities are witnessing a great progression. With a boom of digitalization, many businesses are spreading their reach in Tier 2 and 3 cities so that the companies can maximize their business in these areas. The areas located in Tier 2 and 3 cities have low property rates as compared to metro cities as the number of resources available in metro cities is appreciably high than in Tier 2 and 3 cities. The buyer always tends to buy a property which has a well-developed social infrastructure so that it can be accessed easily. Metro cities are the one which has numerous educational institutes, hospitals and shopping.

The pandemic has created a major impact on all sectors but the situation is stabilizing with time. People do correct research and analysis of the whole financial instrument before investing in it. Real estate is one of the finest financial instruments in terms of security and has always given noteworthy returns too. The commerical real estate sector is also booming as many businesses are trying to expand their reach employing acquiring more commercial areas.

Many NRIs are actively investing in the Indian real estate market as the price appreciation offered in metropolitan cities creates a source of second income for many. Along with affordable and mid-range homes, an individual can invest in luxury homes as they have all amenities situated in one place. The edge-cutting amenities provided by many reputed companies have changed the picture of real estate investments. Amenities like a swimming pool, gym, multipurpose hall, clubhouse and more. Many developers also include sports facilities for the fitness enthusiast.

Apart from the social infrastructure, many schemes laid out by the government are catalysing the real estate market. Metro, airports and roadways are creating a base for futurist India. Many cities in India have witnessed the progress of the whole transportation system too. Many ongoing projects will surrey result in value addition to the real estate market. The everliving sector of the real estate market will surely give good results in the future run too.

VTP Bellissimo

The growth of the real estate sector is witnessed by many cities but being the tech hub city Pune’s real estate market is growing rapidly. Many real estate companies have sown the seed of development in this city while many others are trying to expand their business. VTP is one such reputed company which has decades of experience in this field and is known for its world-class projects. The company has come up with its new project in the Hinjewadi area which has got huge demand from the audience. One can find three major configurations i.e. 1 BHK, 2 BHK and 3 BHK apartments in this project. The aims to project maximum space for its buyer and thus has reserved space for its buyers. The rooms are well designed and the outer infrastructure is the perfect blend of modern architecture.

One can find lifestyle amenities like Clubhouse, Library, Gymnasium, Swimming pool, Jogging track, Library, Lawn, Acupressure park, Multipurpose hall, Children's Play Area, Clubhouse, lifts and more. The amenities are designed from a buyer-centric approach with customer satisfaction. The location is situated in one of the prime areas in Pune which has got ease of connectivity. For the convenience of people, one can find many prominent hospitals, educational institutes and shopping centres nearby. When it comes to choosing a wiser location for a real estate project, VTP always glows with its choices.

The company has come up with budget-friendly apartments for their buyers. The cost of the apartments varies with the configuration and carpet area. The price range for the desired configurations is as follows:

1 BHK apartment comes under the price range of ₹42 to ₹45 lakhs

2 BHK and 3 BHK apartments come under the price range of ₹59 to ₹1.48 Cr

all have witnessed the rising of the real estate sector and the advantages one can get by investing in real estate. One should surely think of investing in this project as the project has many perks embedded in it. The project significantly reflects the potential of the real estate market in Pune.