Prices have continued their upward trend increasing by 5% along with increasing sales and new supply. Higher sizes continue to do well highlighting not only the increased demand for a bigger home but also the commensurate wherewithal to afford it. Affordability continues to increase and is now at 3.56 times annual salary. However, going forward we could see oversupply in certain segments create challenges which market forces will eventually correct as we have seen in the past. This risk of oversupply creating a downward pressure on selling prices combined with the massive upward cost pressure on account of material prices will continue & pose challenges for developers.
The Gera Pune Residential Realty Report is a bi-annual initiative by Gera Developments that is aimed at garnering insights on both the supply and demand sides of the residential realty market in Pune. This census-based study uses feet on street methodology of data gathering and covers the Pune Urban Agglomeration area. The data is then validated and statistically analysed. What started, as a knowledge gathering initiative in 2011 has now become something that realtors, IPCs, Research Houses, Brokerage Houses and Banks & Financial Institutions look forward to. Besides a broad overview of inventory available, off-takes and prices, the report dives deeper to mine insights by price segment, sq. footage, construction stage and size of unit.
Welcome to Gera Developments, creators of premium residential
and commercial projects.
We strive for excellence and our
main objective is not just to meet the expectations of our customers but to surpass them.
for your interest. We will contact you soon.
By filling our web enquiry form, you authorize us to send you transactional and promotional SMS and calls regarding the products/services you have shown interest in.
you've taken the first step to being an outdoer.
Our team will evaluate your profile and get back to you. Thanks. All the best!
Thanks for bringing this to our notice.
Rest assured requisite action will be taken.