pune the citys highend residential segment has shown a smart 39 rise in capital value in the 201114 period the highest any market has shown in the country a report by real estate advisory company cushman wakefield has said the pune market has also shown a strong rise in the mid segment where the capital values have risen 28 second highest rise after bangalore where the capital value appreciation is 41 the report has said the rise in capital values is due to a combination of low availability of stock in the segment and a sustained demand as compared with the affordable homes segment where supply is coming steadily but the demand is not matching with the pace of supply keeping appreciation depressed real estate observers said the cushman wakefield report analyses the performance of the residential segment across top seven cities in india to rank the average capital value appreciation while all cities have seen capital values increase between 14 and 41 in mid segment highend properties recorded appreciation in the range of 16 and 39 in the same period the report has indicated in the highend properties market pune recorded the highest increase in capital values of 39 while bangalore recorded 37 average increase in capital values in the period between 2011 and 2014 chennai market recorded an average increase of 34 in capital values in the same period while mumbai and delhincr recorded identical average increase of 24 hyderabad remained at the bottom for average increase in capital values in this period a national association of realtors official said that highend segment in pune has found favour with both actual users and investors the city holds a strong promise as a centre for manufacturing it and services sectors so north is the only way the prices will move here at least in the medium term he said echoing real estate tycoon donald trump who recently said prices in pune are among the lowest in the world and investors will make money here vishwajeet jhavar chief executive officer of marvel realtors said growth in luxury property segment rate is location driven customers are paying as much as rs 19000 per sq ft for projects in koregaon park and boat club road for semiprime locations though the rates have increased volumes are yet to catch up shveta jain executive director residential services cushman wakefield said markets that are largely end user driven have recorded highest average increase in capital values while investordriven markets such as delhincr and mumbai have remained contained in appreciation because of slower economic growth devaluation of the indian rupee inflation and lower rate of real estate development jain said the demand for midend segment housing will be robust due to tax reforms in the recent budget and positive economic sentiment however due to excess supply an exponential growth in capital value is unlikely in the short term she added real estate developer rohit gera said despite the potential for capital appreciation