Pondicherry (now Puducherry) is a small replica of Medieval France in India. Situated on the eastern coast of India, Pondicherry is a Union Territory with a fair infrastructure development for further growth of the area. The place offers adequate water, power and skilled manpower coupled with vast land reserves for development. This has attracted many builders in India to invest in the real estate market of Pondicherry. Any property in Pondicherry will be worth the investment.
As compared to the neighboring real estate markets, Puducherry property is still quite affordable and a promising investment opportunity. As the industrial sector of the union territory expands further, there will be an increased demand for residential property as well as commercial properties in Pondicherry.
This has created an influx of the Hardware professionals into Pondicherry resulting in increased demand for residential property in Puducherry.
The industrial areas of Pondicherry are being developed further with better road connectivity due to initiative from the Union Ministry of Shipping. With Pondicherry Industrial Promotion Development & Investment Corporation offering trade capital loans, industrial units finance there has been an increase in the demand of industrial property in Puducherry.