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WHY PUNE?

Pune, known as Poona until 1978 is the second-largest metropolitan city in the Indian State of Maharashtra and the eighth most populous city in India. It has been ranked as "the most livable city in India" several times. Along with the municipal corporation limits of PCMC and the three cantonment towns of Camp, Khadki and Dehu Road, Pune forms the urban core of the eponymous Pune Metropolitan Region (PMR).

 

According to the 2011 census the urban area had a combined population of 5.05 million whilst the population of the metropolitan region was estimated at 7.4 million. Pune is also the administrative headquarters of its namesake district. Some of the plus points of Pune include:

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· Proximity to Mumbai and easy connectivity with the Expressway

· Offers options to wide spectrum of investment budgets

· Healthy rate of employment generation – especially from the IT / ITeS, manufacturing and automobile sectors – ensures demand and property purchasing ability with 6th highest per capita income in the country.

· Considered 8th largest metropolitan economy. 2nd in India in software exports , contributes 9%

· Good educational, medical, recreational, cultural facilities – known as ‘queen of Deccan’ and ‘Oxford of the East’

· Good infrastructural development and connectivity by road, rail & air

· Steady growth of market because of the job opportunities, affordability, lower cost of living and attraction as a safe, cosmopolitan city.

· 2nd best city in the country on quality of life

· 8th in country in terms of Urban agglomerations population size

· Considered 4th best city for business in India

LOCATION

PUNE

STATE

MAHARASHTRA

Note: The Content given above is the extracts from RBI Publications.

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Disclaimer: The purpose of this FAQ is to provide the visitors of this site a general understanding on the various issues relating to NRI real estate Investments within the Indian housing sector. The following FAQ been prepared on the basis of advice received on planning for making an NRI investment and may vary from person to person, based on facts of such case. Reasonable efforts have been taken in collecting, preparing and providing quality information, but we do not warrant or guarantee the accuracy, completeness, adequacy or currency of the information. The contents of this FAQ page relating to NRI investments are subject to changes / amendments made by the CBDT / Finance Ministry.

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