1 Universe Pune, India

Pune is a one of the greatest cities of India and plays an important role in its History. We are proud that Puneites have so willingly welcomed 1 Universe into its open arms with love and affection. Manisha Bodas, Deepa Shriram Lagoo, Mangesh Tendulkar and so many more form a phenomenal team to make the vision of 1 Universe a grand success!

Pune gained in prominence as the stronghold of the Maratha warrior King Shivaji in the 17 th century. Later, the Peshwas made Pune their bastion and created a formidable kingdom that reached all the way up to Delhi

Pune Today
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.

History of Pune City
Archeological evidence indicates that the Rashtrkootas ruled Punya Vishaya (as Pune was known then) about 758-768 A.D. Later, the Yadav’s ruled the region and Pune was called as Punaka Desh / Punaka Wadi t\during that time. The transition from Punya Vishaya to Pune took about 1000 years.Pune is ensconced in the western ghats of the Sahyadri mountain range, and has a healthy climate throughout the year. Pune occupies about 43.8 sq. miles of land and is situated at the confluence of the rivers Mula and Mutha.

Pune is home to a number of prestigious scientific institutes in astrophysics, advanced computation, bio informatics, virology, etc. and academic institutes of higher learning like the University of Pune, and Bhandarkar Oriental Research Institute. Pune city has the largest student population in Asia, and is rightly called as the cultural capital of western Maharashtra.

Pune offers scenic natural ambience as it is surrounded by hills on all sides.
Pune was earlier hailed as ‘Pensioner’s paradise’. Many a people preferred to choose an apartment in Pune to settle down. However, the explosive growth in IT sector in the past few years has changed Pune into a modern city. Many IT giants have their presence in Pune city. Proximity to Mumbai, and the opening of the Expressway, have put Pune well on the global map.

Pune offers a wide choice of education options, good health care facilities, entertainment centres, and a healthy lifestyle.

Pune has an excellent infrastructure, and is Maharashtra’s leading industrial city.
With all these plus points, choosing a flat in Pune – for residential purpose or for investment – is an ideal choice indeed!
With low rate of interest in banks, fixed deposits, ups and downs of stock markets and plunging returns on mutual funds, Pune real estate investment is in the limelight again. The growth in real estate sector is ongoing even into the year 2006. This boom in Pune real estate market has further accelerated with the decision of the Government of India to allow 100% Foreign Direct Investment (FDI) in the construction and development sector.

Pune real estate is emerging as a new hotspot and the city may see the biggest growth in commercial real estate development and demand in the coming year. The extraordinary demand for land has sent the prices soaring. The most    common hoardings that dot the city is likely to read “1/2/3 BHK flats available for IT professionals”. Swanky malls, plush residential complexes, large multiplexes, and world-class hotels have come up in large numbers in Pune these days.

Pune has totally transformed itself into a Silicon Valley. The Kharadi-Kalyani Nagar belt has undergone dramatic transformation and is unrecognizable. The Pune real estate agents are convinced that there is enough demand for high-end residential units and this makes them design projects with global partners to bring in the best technology and amenities to cater to the demands of the prospective buyers.