Why Mumbai's Realty Players Shifted Their Focus to Pune
This Article is a guest post from Pravitha (commonfloor.com) Mumbai has always been at the top of real estate investor’s list. But, is the city slowly losing its charm due to its neighboring city, Pune? Let’s find out. Mumbai, also known as the City Of Dreams, has held the title of being the most expensive city in the country, for a long period of time. The real estate market of the city is booming, but now only millionaires and billionaires can afford to live in the city. The property prices are so high that it is impossible for a mid-income individual to afford a good house. On the other hand, Pune still has affordable housing, and ever since Mumbai-Pune Expressway opened to the public, the travel time between the two cities has reduced considerably. In addition to this, there are many other reasons why Pune has attracted investors. Establishment of IT Parks Due to the development of several IT parks in Pune, a huge number of techies have migrated to this city. If you ar