Pune’s residential real estate market has been currently featured amongst the top 8 cities in India to have seen a large rental value returns against dormant capital values.
For the benefit of the people living in Pune, they should always know the basic outlines of the city before renting their flats. Flats for rent in Pune have been been in much demand. There are a few locations you must try and know the rates before renting or starting to live on rent. It has been notes that localities offering 1bhk flats for rent in Pune are earning more than those who offer big houses.
A data reveals that out of the many localities in Pune, the area which tops the chart of rental yield growth is Nilanjali Housing Colony with 22.7 percent growth. Nilanjali Housing was then closely followed by Prabhat road in the past 9 months and then came Ghorpadi with 16.7 percent growth. The rest of the areas like Phase 1 and Hinjewadi Rajiv Gandhi Park yielded 16.4 percent each.
This was about the 1bhk flats for rent in Pune. However, lowering the rental yield, ‘the housing societies earned a little less. In this list, Dhanori tops the list with 12.9 percent rental growth. After Dhanori, Wakad followed with 10.9 percent growth, and lastly Kothrud with 7.8 percent.