The Rising Pune City - 

Pune is the eighth largest metropolis in India and the second largest in the state of Maharashtra after Mumbai and the largest city in the Western Ghats.The city’s all year round pleasant climate, multi-ethnic culture and excellent career opportunities have proven to be the key drivers for large numbers of people to move their base to Pune. The exponential population growth has also paved way for gigantic real estate development in the heart of the city as well as in newer suburbs around the city. World class architecture and infrastructure developments are bringing Pune up the ladder in terms of quality of living.Pune has become synonymous to excellent education and career opportunities thereby creating a huge market for a number of global IT, automation, FMCG, etc. giants that have set up operations in and around Pune.

Cosmopolitan city cultureThe city hosts a number of cultural events in the fields of music, spirituality, theatre, sports, and literature. The scale of these events draws to the city large number of people from different backgrounds and religions. Many youth festivals are also hosted to cater to the vast student population.The ‘Cultural Capital of Maharashtra’, Pune unifies traditional beliefs and modern ways of living. In the heart of the city reside the traditional Maharashtrian families, and as one moves away from central Pune, the conventional merges into the modern.

Proximity to Mumbai
The six-lane 95 kilometer, Mumbai-Pune Expressway has made it possible to reach Mumbai effortlessly in under 180 minutes. Proximity to India’s Financial Capital works to Pune’s advantage. Trade and business have flourished in many ways thanks to the geographic proximity of these cities.

Rapidly developing infrastructure
Pune's infrastructure is developing with a phenomenal pace to cope with the growing demands of the exponentially growing population. Pune’s real estate industry has witnessed a steep growth due to the high quality of the projects and the relative affordability as compared to many other cities. Real estate in Pune has seen more development than many other cities in the State, and its borders are spreading out rapidly with newer suburbs sprouting up at a rapid pace. The rate of appreciation for Pune properties is high and prices have multiplied manifold over the recent years. This has attracted the attention of investors from India as well as abroad.
The IT hotspots around Pune are witnessing a flurry of development activity with a number of high-end residential townships in the pipeline. These are mostly concentrated in the areas of Kharadi, Hinjewadi, Nagar road, Vimannagar, Kalyannagar, Hadaspur, Aundh, Baner, Bavdhan, and PimpriChinchwad, (Bhosari, Chikhali).

West PuneMajor locations: Aundh, Balewadi, Baner, Bavdhan, Hinjewadi, Kothrud, Pashan, Pimple- Saudagar, and Wakad

East PuneMajor locations: Boat Club, Hadapsar, Kalyani Nagar, Kharadi, Koregaon Park, Wagholi, and Viman Nagar

South PuneMajor locations: Ambegaon, Katraj, Kondhwa, Parvati, Salisbury Park, Sinhagad Road, Mohammadwadi, NIBM, and Warje

North PuneMajor locations: Chinchwad, Akurdi, Pradhikaran, Talegaon, Bhosari, Chikhali, Chakan, and Ravet

Facts and figures:Area (square kilometres): 15,643 Population: 9,426,959Population growth rate: 30.34% compared to population as per 2001Density (per square kilometres): 603 Literacy rate: 87.19% Per capita income- Pune city (Source: Times of India): Rs 1.27 lakh (2010-11)Source: Census 2011

Key growth drivers that have contributed in making Pune a leading real estate destination, are:Information technology hubMajor software companies Manufacturing unitsAutomobile IndustriesPresence of leading education institutes

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