Investors Buying Mid-Income Housing In Pune

The economic slowdown might have hampered the investment in real estate across the country but in Pune  it seems that the investor  demand is higher compared with other major cities in the country. According to a proprietary real estate survey carried out across eight cities in the country homebuyers are primarily interested in mid-income housing in Pune.
The survey was carried out by ICICI Securities among 2,697 online, 6,767 offline buyer respondents as well as 57 property consultants. As per the survey, Indian homebuyers are cautiously optimistic about the property prices. They are primarily interested in mid-income housing (Rs. 2-5 million) and are conservative on ticket size.
End-user demand is higher in Mumbai, Hyderabad and Bangalore, while investor demand is higher in Ahmedabad and Pune.
Read the complete article at Real estate market in city going strong: survey