RERA Approved Projects in Pune

Pune is the second largest city in Maharashtra and is often called the state's cultural capital. The city is well-known for its pleasant weather and well-connected roads. It has an excellent infrastructure which has paved the way for lucrative opportunities for property investments in Pune. Several RERA approved projects in Pune have been launched recently to meet the demands of home buyers and investors. 

The steady growth in infrastructure, such as the Pune Metro connecting the Bhosari industrial belt to the rest of the city, has led to an increase in development and demand for real estate. Investing in Pune is a lucrative real estate investment option. The city has a rapidly developing infrastructure with a prosperous corporate and commercial infrastructure.  Many prominent residential projects have been launched all across the city to accommodate the growing demands and population. The city has excellent connectivity via air, road, and railway. The Mumbai-Pune Highway is providing ease of accessibility to the rest of the region. The addition of the Pune Metro line has further helped in connecting all important parts of the city.

The establishment of the IT hub in Pune like the Cybercity Magarpatta, ICC Towers, and Rajiv Gandhi Infotech Park at Hinjewadi has led to an increase in employment opportunities as many MNCs run their operations. The Bhosari Industrial Belt, Shivaji Nagar, and Koregaon Park have emerged as the main places of business in Pune. Baner is considered an automotive hub and houses the Automotive Research Association of India (ARAI). With so many employment opportunities, Pune is attracting talent from all across India. The city is also called the Oxford of India, as it is the home to several premier educational institutes in the country. This has led to a significant reason for the rise in real estate development in Pune. 

Some of the best RERA approved properties in Pune are VTP Aethereus 2, N B Bhalchandra Blessings, Mantra Monarch, Palash Oak, Mont Vert Grande, Nivasa Elevia, Aaiji Vivanta, Sukhwani Hermosa Casa, Rohan Viti, and Merlin Elementa 2. These properties have been registered under RERA and offer a completely safe investment for home buyers. 

The Real Estate Regulatory Authority, or RERA, regulates the real estate sector and addresses any issues faced by home buyers.  Each state has established their own RERA like Maharashtra RERA body is called MahaRERA, Haryana RERA, Himachal Pradesh RERA, RERA Chandigarh, Tripura RERA, and more.