Pune today is one of the leading cities in India. It is a blend of rich heritage and modernization. Pune boasts of a number of educational institutes in India like the National Defense Academy, IUCAA, NCL, FTII, and is a host to leading software companies like Infosys, Satyam, IBM, Wipro, etc. Pune's proximity to Mumbai, coupled with its temperate climate, make Pune an ideal choice for living / business. Pune city has the largest green coverage among any Indian city – about 40%.
Pune, with its population of more than 4 million offers a lifestyle unmatched by many other metros in India.
Pune has always had its roots in strong cultural traditions, a bustling centre for education and a home to India's engineering industry. This history has helped Pune move with the times and grasp the large opportunity that the new technology and knowledge based industries have offered. Pune's proximity to Mumbai has also helped it be the manufacturing centre for several Mumbai based businesses as well.
Pune's achilles heel is the lack of a good international airport and this still shows no signs of being addressed. However thanks to its proximity to Mumbai and the building of the international quality expressway between Pune and Mumbai, the distance to Mumbai's international airport has come down to between 3 and 4 hours and helped Pune overcome this limitation. When the new planned international airport comes up at Navi Mumbai in a few years, access to the international airport will down further to two hours. It is also hoped that the present airport at Pune will be upgraded by that time or a new international airport will be constructed to make Pune an independent business centre in its own right.
Pune is today one of India's fastest growing cities and in many ways mirrors Bangalore's growth as a twin. Pune has good weather and a scenic ambience around it. It has bills and plains, greenery and adventure trails all around and this enables the quality of life in Pune to be one of the best that India offers. The main city still has its old and newer constituents and traffic management and pollution are serious considerations but the outer areas though not planned very well offer better ambience and living styles.
Pune is expanding at a rapid rate and the hills that surrounded it have now ceased to be barriers. There is a large influx of population from outside and this makes Pune more cosmopolitan in nature even though it continues to hold out as a bastion of Maharashtra's cultural traditions. The great Maratha warrior king Shivaji used Pune as a critical strategic centre and this history continues to reside in and around Pune. Pune has a few rivers that run through the city and nearby and has abundance of water, rainfall and electricity.
Inspite all of this, Pune is clearly one of the leading centres for engineering and knowledge based industries and has an excellent mix of both manufacturing and knowledge companies. The manufacturing industries include a large group of automobile manufacturers and equipment manufacturers and the knowledge sectors include information technology, software, business process outsourcing, engineering design and bio-technology. Pune in the midst of an agrarian region also provides the opportunity for becoming a point for trade in agricultural produce and food processing industries. The area in its vicinity with its suitable climate has already become home to India's fledgling wine producing industry.
Real estate in Pune has grown more rapidly and to higher levels than in most other Indian cities. The rates have multiplied in almost all parts of the city and the suburbs and neighbouring areas have been getting absorbed at a rapid pace. The city has also now come to be a single urban zone with the two large municipal corporations of Pune city and Pimpri-Chinchwad juxtaposed as twin cities.