Pune Real Estate Growth

Pune Overview

Pune, once the center of Maratha Empire is situated 560 meters above sea level on the banks of river Mula and Mutha rivers. Originally called as "Punawadi", Pune existed as a town since 937 AD. Pune is the eighth largest city in India. Pune city became the center of Indian politics during the reign of Peshwa rule. The city was known as "monsoon capital" of Bombay Presidency until India got Independence. The city also has pleasant climate throughout the year and hence attracts major tourists from worldwide. The city is well known for classical music, theater, sports, literature and spirituality therefore, Pune is famously known as cultural capital of Maharashtra. Marathi is the official spoken language, however Hindi and English languages is also spoken and understood.

Pune Real Estate Growth

Real estate in Pune has never shown negative depression in sales, while many of the Indian cities are reeling under variations in realty sales. Few favourable factors for successive real estate growth are as below. *Establishments of excellent educational institutions. *Excellent educational-employment opportunities, cosmopolitan population and good weather. *Establishments of townships as a part of Public Private participation. *Upward growth of both the IT/ITeS and manufacturing industries. *Industrial revolution in Pune.

Real Estate in Pune