|
|
Maharashtra Real Estate market is one
of the largest in the country. Maharashtra is the second largest
industrialized states in the country after Gujarat.
As a result cities like Mumbai, Pune,
Aurangabad, Nashik, Akola, Kolhapur and Rathnagiri are crowded with
industries and business establishments.
These all has created a big boom in
the real estate in Maharashtra.
Mumbai, being the commercial capital
of India hosts as the epicenter of commercial activities in the country
and generates tremendous business and employment opportunities creating
huge demand for land and property.
As a result there is a great demand
for commercial and residential properties in Mumbai.
|
Mumbai’s Nariman Point and Malabar Hill are
among the top 10 most expensive real estates in the World. A huge
portion of Foreign Direct Investments are invested in real estate in
Maharashtra, especially in cities like Mumbai and Pune buying
properties and lands for commercial and industrial activities.
Companies and business entities across the
world establish business in Mumbai creating huge pressure for land and
property in Mumbai. As Mumbai is an Island city, the availability of
land for construction activities is very limited.
|
As a result the Mumbai wet lands are
reclaimed where ever possible and are developed. This makes the
Maharashtra real estate to see a surge in demand.
Pune is the second largest real estate
in Maharashtra. Traditionally, Pune is a favorite city for
manufacturing activities. Indian auto majors Bajaj and Telco have huge
plants in Pune.
Pune is also the home turf for
Kirloskar and many old economy companies. At present, Pune has evolved
as an important IT hub in the country after Bangalore.
Lots of global IT majors such as IBM,
HP, and Dell have setup their development centers in Pune and this has
boosted the Maharashtra real estate as well. Large Indian giants like
Infosys and Wipro have also established huge facilities in Pune.
|
|
Apart from this, there lots of educational
instructions are established in Pune. All these factors pushed Pune’s
real estate business to the sky. Nashik has developed on of the largest
industrial cities in the country. There are many companies set up their
manufacturing facilities in Nashik.
Indian Security Press and Defense factory
are the traditional industrial establishments in Nashik. At present lot
of small and medium industries are located in and around Nashik.
There is a huge boom for real estate
business in Nashik. Nashik is as evolving one of the major real estate
in Maharashtra. Other cities such as Aurangabad, Akola, Rathnagiri,
Kolhapur and Nagpur are emerging important Maharashtra real estates.
|
