• PROVIDING A STRATEGIC ADVANTAGE Through Technology & Processes
  • EXPERIENCE QUALITY Under One Brand with A Single Point of Control
  • UNITING LOCAL COMMERCIAL Real Estate Experience with Global Execution
  • DELIVERING RESULTS Through Collaboration & Integration

For more information regarding our capabilities within this market or to inquire about current business requirements in this market, please contact:

Tomiko Chan
Director | Partner Development Asia
+ 85 281 99 9052 | Ext: 836
Tomiko.Chan@icoreglobal.com.

Raja Seetharaman
Managing Director
Partner Development Asia
+ 85 281 99 9052 | Ext: 846
Raja.Seetharaman@icoreglobal.com.

For more information about iCORE Global’s worldwide capabilities,  or information on our partnership programs, please 
Contact Us.

Market Reports

Pune Q1 2012

Pune

Pune, formerly Poona, is the eighth largest metropolis in India, the second largest in the state of Maharashtra after Mumbai, and the largest city in the Western Ghats. Once the centre of power of the Maratha Empire, it is situated 560 metres above sea level on the Deccan plateau at the confluence of the Mula and Mutha rivers. Pune city is the administrative capital of Pune district.

Pune is known to have existed as a town since 937 AD. Pune was originally called Punawadi. In 1730, Pune became an important political center as the seat of the Peshwa, the prime minister of the Chhatrapati of Satara; it was during this era that Pune became the center of Indian politics. After the town was annexed to British India in 1817, it served as a cantonment town and as the "monsoon capital" of the Bombay Presidency until the independence of India. 

Today, Pune is known for its educational facilities and relative prosperity. Pune is the cultural capital of Maharashtra. Pune has well-established manufacturing, glass, sugar, and forging industries since the 1950-60s. It has a growing industrial hinterland, with many information technology and automotive companies setting up factories in Pune district. The city is known for various cultural activities like classical music, spirituality, theatre, sports, and literature. These activities and job opportunities attract migrants and students from all over India and abroad, which makes for a city of many communities and cultures