Interesting Facts About Pune

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                                                      Interesting Facts About Pune
                                                              By David H. Urmann

  Pune is an established industrial and by far the fastest-growing city in India. Numerous automobile
and Information Technology companies are set up here.

 The city of Pune is the 2nd largest city of the Maharashtra state in India. It is located in the western
portion of India and is approximately 160 kilometers southeast of Mumbai, Maharashtra’s state capital.
Moreover, it is the 8th largest city in the whole country. This city lies on about 560 meters above the
sea level and on the plateau of Deccan at the confluence of the rivers Mutha and Mula. The city of
Pune is the also the 8th most populous city in India among metropolitan areas. It is also the
administrative headquarters of both the Pune division and Pune district.

 The city is believed to have existed back in 937 AD as a small town. The leader of the Maratha Empire
named Shivaji lived in this city when he was still a boy. During Shivaji’s reign, he foresaw the city’s
significant development, and growth. In the early 18th century, this city became a significant political
center and became the seat of the prime minister of the “Chhatrapati of Satara” and the Peshwa. After
Pune was annexed to the British India in the 19th century, it served as the monsoon capital of the
Presidency of Bombay and a cantonment town. The title as the “monsoon capital” continued until the
India’s independence from the British.

 In present times, Pune is now famous for its state-of-the-art educational facilities. It has over a
hundred educational institutions and approximately nine universities scattered within the area. It boasts
of a growing industrial land with several automotive and information technology companies that set
factories in the area.

 The name “Pune” is derived from the Saskrit word “Puya Nagari” which means “City of Virtue.” The
oldest mention of this name dates back in 937 AD on a Rashtrakuta plate made of copper. In this
instance, the town of Pune is referred to as Punak Vishaya or Punya-Vishaya. At the beginning of the
13th century, this city has been known as Punavadi or Kasbe Pune. The city’s name is often
transcribed as “Poona” in English but the spelling “Pune” became the standard spelling due to the
common practice of the locals.

 Pune City is often referred as “The Oxford of the East” because of the numerous educational
institutions throughout the area. The city is also called “The Detroit of India” due to the various

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manufacturing companies, particularly automobile companies based on the metropolitan area.

 The popular museums of Pune include the Mahatma Phule Museum, Pune Tribal Museum, Raja
Dinkar Kelkar Museum, The National War Museum and the Babasaheb Ambedkar Museum. In
addition, the city has various public gardens set in the area, like the Sambhaji Park, Peshwe Park,
Kamala Nehru Park, Saras Baug, Shabu Udyan and the Empress Garden as well as the Bund Garden.
The so-calld Pune-Okayama Friendship Garden is now renamed as “Pu La Deshpande Udyan,” a
recreation spot of the Garden of Karakuen in Japan. Furthermore, the Rajiv Gahandi Zoological Park,
situated at Katral, is just close to Pune. This particular zoo was earlier located at the Peshwe Park and
was merged into an educational reptile park in 1999 at Katraj.

 The city’s College of Military Engineering has a rail museum, a part of the larger “Corps Equipment
Museum.” In addition, another railway museum is supposed to open in Lonavala. Lonavala is just 60
kilometers away from Pune on the railway line of Mumbai.

For more information on Pune Healthcare and Pune Entertainment please visit our website. &

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                                          Pune Real Estate - Buoyant and Inviting
                                                          By George Gonigal

Pune, the Queen of the Deccan, located in western Maharashtra. The city, today has become a global
city, and is representative of the very best in Indian society. The city has taken development and equity
on equal pedestals, and has therefore succeeded in becoming an example worth being emulated.

The economy of Pune is growing at a rapid rate because of infrastructural development and increasing
amounts of foreign investments. The real estate sector in Pune has hit a golden patch, and Pune
property prices are appreciating like never before. The strategic location of Pune makes it one of the
best places for investment. Also, as a result of enormous free flowing capital, Pune real estate builders
have obtained a massive financial base, which has allowed them to expand operations in the
commercial, residential and retail areas. Moreover the city is dotted with transitional companies like
IBM, Dell and Accenture which has made it the hub of the IT sector.

Pune real estate prices are on an upswing with capital appreciation of 25-30 per cent annually. Many
areas have prospered to such an extent that property prices have almost doubled. The cosmopolitan
base of Pune has attracted immigrants from neighboring cities, which has kept Pune rental markets in
the upfront. Houses are available for rent easily and at affordable rates.

According to Pune real estate brokers, the city has so far been insulated from any impact of the global
financial crisis. It is said that investing in Pune properties in the medium and long terms makes the
most economic sense today. The townships offer the safest and most investment laden opportunities.
The best investment destinations include Supreme Palms, Mahindra Royale and Kumar Sansar

Pune also plays host to the Commonwealth Youth Games this year. This has enabled the city to
showcase its potential and has as a consequence led to the setting up of an exclusive Power plant,
newer industries and several other business technology development projects have sprung up.

Pune real estate today is buoyant and inviting. It is ripe for innovation and investment. Pune needs to
continue on this growth chart and exploit its potential to its fullest, feel the industry experts.

George Gonigal provides you the best and latest info on India Real Estate. He would also let you know
about Pune Real Estate. To know more, visit Real Estate in Pune.

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