Pune, referred to as the Queen of the Deccan" is also known
as the ‘cultural capital’ of Maharashtra. Pune is
one of the historical cities of India with a glorious past,
an innovative present and a promising future. Pune is today
a fast-growing urban area and owing to its proximity to Mumbai,
it is experiencing a boom in business activity. Its well-planned
connectivity to other cities and mainly with the opening up
of the Mumbai-Pune expressway, Pune is now just three hours
drive from Mumbai, the commercial capital of India. Moreover,
Lohegaon Airport in Pune has gone international with Air India
operating direct flights to Dubai and to Singapore via Hyderabad.
Pune is internationally acclaimed for its
educational traditions and communal harmony and is also the
primary reason for investors to be attracted to the city.
And with better infrastructure and skilled manpower available
in Pune, many top Indian and global investors have opted Pune
for their Indian operations. This has in turn caused a large
inflow of workforce from within and outside the State causing
the realty sector in Pune to expand. This boom in the real
estate sector has also made the property prices to go up and
with more people migrating to the city, investment in Pune
real estate is definitely going to be a lucrative option
for buyers and developers alike.
This upward trend of development and large
investments has contributed in making Pune the sixth largest
metropolitan economy with the highest per capita income in
India, with least income disparity between the rich and poor.