Rising demand, coupled with shrinking vacancies in Grade A and premium Grade A office spaces, have led to an increase in rentals of about 2.8-11 per cent QoQ, in key office micro-markets, says a report by Colliers Research
Bavdhan is one of the rapidly developing suburban areas of Pune and is located very close to the industrial zones and the IT hubs of Pune. The area is well-connected to the other parts of the greater city of Pune and boasts of good civic amenities
We look at the status and the proposed route of the Pune Ring Road, which was planned in 2007 and try to gauge the impact it will have on the city’s real estate market, once the project is developed