Magic to your Senses
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Pune has a perfect mix of IT/ITeS, manufacturing, and services industries, which gives it a decisive advantage.
Moreover, it perpetually presents itself as a significantly more affordable property market than neighboring Mumbai â while providing a comparable lifestyle â and, going by the recent Ease of Living Index, a better one.Over a 7-year horizon to gauge price growth across top cities and markets, Pune saw the highest rise of 38% in average property prices between 2013 and 2020.
As per research conducted, Puneâs average property prices stood at Rs 3,980 per sq.
This increased to Rs 5,510 per sq.
ft. in 2020 (a 38% jump).
The National Industrial Corridor Development and Implementation Trust (NICDIT) has given approval for developing the Kochi Global Industrial Finance and Trade (GIFT) City in Aluva as an Early Bird Project.
The aim was to bring in investment for development of trunk infrastructure to the tune of Rs 1,600 crore.
Also it will provide an integrated ecosystem for development of globally competitive hi-tech services and financial hubs.
Similarly, a master planning agency will start work from early September 2020 and complete the master plan by February 2021.Likewise, few activities like environment clearance, tenders, etc will start in March 2021 and completed by May-June 2021.
Master planning activities will be completed in eight months.
Construction works will start after selection of agency for construction through a transparent bidding process.