As the Union Budget as well as the railway budget both of which were announced on 1st February, it planned allotted great amount of funds to the Pune Yard’s remodeling projects, and is looking forward to seeing a budget of 5crore for the same.
To add to the convinience, the government announced the union as well as the railways budget together which has effected the Pune real estate in regard to increased demands of flats. The budget was more focused on the new additinal railway lines but in a way that it also effects the residential flats in Pune.
Pune division were sanctioned additional funds last year for five new railway lines and two new over bridges in the Bhiwadi junction. Also, new high value platforms were passed to be build in the Pune-Dhaund section at Manjri Budruk here making it convinient to travel across and thus making Pune a easily reachable place which would thereby effect its real estate too.
Apart from this, funds were sanctioned by the government to renew tracks in Pune- Lonavala, Pune-Dhaund and Pune-Miraj junctions. The power supply has been indefinitely increases and a worth a Rs. 4.33 crore is being given for the replacement of old gideres on nine bridges in the Pune-Daund and Pune-Miraj Kohlapur sections.
All this development of railways lines have managed to pull out a thought of success in the minds of housing developers as well as the businessmen to accomplish more living for their consumers and employees respectively. Housing developers have started to plan out more and more residential flats for the employees working there and for those who wish to migrate in the city from nearby places and the whole country.These flats built for the migrators will target to those looking for 1bhk flats in Pune so as to build more and more to meet every need. The new flats in Pune are being creatively planned out to suffice the living needs and will be located near the office complexes to cut their hard traveling times. Therefore, it will be easier for people to buy a home under affordable plans and enjoy a property in Pune.