How Metro Development Is Boosting Real Estate Growth in Pune
Pune is evolving. And the biggest force behind this evolution is the metro. As Phase 2 of the Pune Metro is currently being developed, a number of areas of the city that were previously ignored are turning into hot real estate areas. It is not only about a quicker commute. Having metro connectivity close by helps boost the prices of real estate in that area, and this drives more development. Metro Expansion: Phase 2 and Beyond The length of Pune Metro Phase 2 is 43.8 km and it has already changed the real estate market in the city. Once this line is functional, it will connect the central business district of Pune to its flourishing IT hub in a direct manner. It is not a pathway, but a game changer. Developers, investors, and buyers are already reacting to its potential. The area around this corridor is being planned with higher FSI, improved planning and modern transit oriented amenities. Metro Expansion: Phase 3, 4, and the Shivaji Nagar-Hinjawadi Corridor Since Phase 2 i...