As per a recent survey of the Property Index (MPI), prices for property Pune have grown by 12.5 per cent in June compared with the same month last year.

Prices up 12.5%
The index for the month of June stood at 1094 vis- a- vis 972 a year ago a rise of 12.5%. The increase in the Pune index can be attributed to the hardening of Pune property prices in the underlining markets of Aundh, Pimple Saudagar, Chinchwad, Karegaon Park, Wakad, Wanowarie, Hadapsar, Viman Nagar and Talegaon.

Pune prices moving at a rapid pace
A spokesperson for the MPI index said “Pune property prices have moved up at a rapid pace keeping many home buyers at bay. The un-expected fast run-up has lead to a mood of caution in the near term. The home buyers seem to be in a wait and watch approach. The price movement over the next few months will determine the next definitive trend”

Enter your email address:         Delivered by FeedBurner

Tags: Property prices in Pune, Pune property

This entry was posted on Sunday, August 1st, 2010 and is filed under Property in Pune. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.