Pune's journey from being educational hub to IT hub
Wednesday, 27 September 2017

Pune city is a wonderful city in the state of Maharashtra. The city owns some of India’s best institutes. Hundreds of students from other Indian cities and states migrate to Pune for education. However, the city has transformed completely from being an educational hub to an IT hub after big IT companies came in. This has also led to massive increase in property rates in Pune.

Take a look at how Pune transformed into an IT hub:

Improved infrastructure: Pune city has experienced tremendous developments related to physical infrastructure. With improved roads, transportation has become safer for pedestrians, cyclists and differently abled. Additionally, BRT corridor is an integral component of Pune’s strategy to tackle long-term mobility problems.

 

Growth of residential and commercial sector:

With more IT companies entering the country, Pune became one of the major cities for the rise of commercial as well as residential sectors. Top IT companies like Infosys, Wipro, IBM, Dell, Cognizant, and TCL have their offices in Pune. These companies are located in various IT parks around the city, some of the Pune’s famous IT parks are- the Rajiv Gandhi -Hinjewadi IT Park, Magarpatta IT Park in Hadapsar, Eon Cluster IT Park in Kharadi and more. 

 

Transformation of suburbs:

The suburbs are where the actual real estate action lies as such areas are central to major business centres and other important infrastructures. Hence, the demand for properties will always be high in the suburbs. Some of the best performing suburbs of Pune city are Undri, Hadapsar, Baner, Wakad and Hinjewadi. 

If you are interested in investing in the fast developing city of Pune, take a look at Tuscan estate by Kolte Patil Developers. The project offers 4 BHK apartments in Kharadi, Pune.