Property Prices Cool Off in Pune

There's a good news for property seekers in Pune.value for apartment ranges between Rs 2,500-3,000
The city is expanding its territories and adding newper sq ft in Dapodi area. For Kasba Peth region, the
sub-urban areas to its borders. This spells more spaceproperty rates for an apartment range between Rs
for real estate developers and builders and more3,200-3,600 per sq ft. The capital value for plot in
housing units for the property seekers. Adding toHadapsar range between Rs 10,000-18,000 per sq
joy, is the fact that property values seem to beyard, while the capital value for apartment are Rs
heading for a stabilisation phase. Recent reports from2,000-2,500 per sq ft.
property markets indicate this trend.Reasons for stabilisation
Current property pricesProperty brokers and agents say that stabilisation in
Sample this, the rental value for two-bedroom housePune's real estate market reflects the trend
in Chinchwad East is currently between Rsprevalent in the country's property segment. The
7,000-10,000 per month. These property values arecountry's economy is facing a slow-down and it is the
almost same as they were two quarters ago. It's thesame case with the construction sector as well.
same story in other localities of the city. The capital