Pune is the seventh largest city in India, situated in Maharashtra it is the second largest one in the state. Pune has also been the education hub where there are education centers imparting education to the brightest minds of the country. Thus, Pune has always been a home for settlers who are there for limited and fixed period of time and the city had enough infrastructural developments to support the needs. The change in the face of the property in Pune city was seen with the advent of IT and automobile industry in the place. IT industry’s major giants turned to this full of resource town to ensure that they reserve the talent and provide them suitable opportunities.
Boom in Pune – Growth Driver
Pune’s economy saw a huge change due the presence of the IT, KPO and BPO sector making way to the city. The first IT giant that made an establishment in Pune was Infosys and the others followed. In recent years, there have been many corporate companies new and old that has found a base in Pune. Companies like IBM, Amdocs, Zensar, Symantec, L&T InfoTech, etc all have their offices in the city.
The property in pune city is thus moving towards development, the skyline is now reaching desired heights with international and national companies establishing their set up here. Pune, as mentioned above, is also home to many educational institutes, there are roughly 150 plus institutes in Pune that impart education and has various specific and general courses to offer. There are international students that come to the city for educational purposes and there are, of course, national and local population present as well.
Pune is tagged as the seventh largest educational and industrial center owing to its infrastructural developments. The property in pune city is fast developing so that they can cater to the needs and demands of students, professionals and corporate like. Pune real estate also has a lot to thanks its NRI student base to who are more than happy to make Pune their second home and invest huge amounts in the city.
With the developments, the city is growing and expanding fast. The city does not have a highly expensive property rates which is the reason why it attracts so many settlers. The whole idea behind Pune’s development is to provide the corporate giants the commercial complexes they need along with supporting their workforce and catering to their housing needs. Pune has proved that it is expanding and those who plan to make investments should think about this city.