Pune holds untapped brokerage potential of INR 400 crores in the residential sector

Pune holds untapped brokerage potential of INR 400 crores in the residential sector

FPJ BureauUpdated: Saturday, June 01, 2019, 01:06 AM IST
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‘Pune holds untapped brokerage potential of INR 400 crores from the residential sector’, says Coldwell Banker India’s latest report on Pune realty trends. In a press conference held in the city today, the company released a proprietary report on real estate sector in Pune. Coldwell Banker India – The Indian arm of the US headquartered Coldwell Banker Real Estate LLC aims to transform the highly unorganized Indian real estate sector to be more professional and organized thereby assisting all stakeholders viz.; the customer, developer and the independent broker Coldwell Banker India – sees tremendous potential in Pune. Their report takes an in-depth view of the Pun market dividing it into five regions. Old Pune and Chakan i.e. the Pimpri Chinchwad area score the highest on Coldwell Banker India’s livability index garnering a score of 51 out of 60. Kharadi with a mix of HIG and MIG projects stands next as a sought after residential and commercial real estate hub gaining 48 points. City’s western side of Hinjewadi earned 40 points and the southern region of Undri garnered 43 points. While Pune’s established IT and SEZ hub Hinjewadi is witnessing up-coming supply of single and multi-tower residential projects; Undri with its seamless connectivity to the Mumbai-Pun expressway predominantly remains a residential zone.

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