Post Question
Home / Buy and Sell / Investment / What is Property Appreciation Rate in Pune?
Q.

What is Property Appreciation Rate in Pune?

Comment

1
Answers

0 2024-02-14T09:37:01+00:00
The property appreciation rate in Pune is surging annually. As I have been in the field of real estate for a long time, I am well aware of the increase in property prices here.  There has been an increase in property prices for
  • New projects
  • Existing phases of old projects
  • The new phase of old projects as well
These indicate that a lot of people are purchasing properties in this city at higher prices than ever before.

What is the Average Property Appreciation Rate in Pune Last Year?

According to my fact finding, in Q2 (second quarter) last year, it was observed that Pune’s housing market witnessed a drastic increase of 8.7% QoQ (Quarter on Quarter) in demand. This did push the average property rate as well by 1.6% QoQ. I was quite astonished to see this real estate growth rate in Pune last year. I believe this is going to increase every year now. Here are the types of properties that people are looking for in Pune:
City  Ready to Move In Property  Under Construction Property  Plots 
Pune  81% 9% 10%
People are more keen on buying properties within the city than in the suburban parts. About 87% of people are interested in living in the city and only 17% are looking forward to properties in the suburbs.  You can rely on this data and move forward with investing in properties in Pune.  Invest in Properties in Pune without Paying Brokerage through NoBroker Read More: What is the price of 1 acre land in Pune?

Leave an answer

You must login or register to add a new answer .

Recently Published Questions

Flat 25% off on Home Painting
Flat 25% on Painting | Top Quality Paints | Professional Tools | Verified Partners
X
Home Cleaning Starting ₹359 Only
Revive Your Space with Expert Cleaning!
X
Enjoy hassle-free on time movement of your household goods.
X
Buy Your Dream Home with NoBroker.com & Enjoy Exclusive Benefits on Home Loan & Interior Services
X
Fastest Sanction in 7 Days from 15+ Banks | Max Funding | No Hidden Charges
X
Get upto ₹10 Lacs Instantly in your bank account | Instant Disbursal |
X