Pune – The Cosmopolitan Capital of India

Pune, often referred to as the “Oxford of the east”, is one of the top cities in the country to live in. It is also called the Cultural Capital of India as it is home to people of different cultures, bringing in a lot of cultural diversity. The city is located in the western end of the Deccan plateau, hence called the “Deccan Queen”. It is also talked about for its beautiful weather all over the country, which ranges between 15-35 degree centigrade throughout the year.

Pune is one of the faster growing cities in the country, not only in terms of infrastructure and development, but also as a tourist destination and with respect to education. The city holds the record for having the highest number of Engineering colleges in a given city. Koregaon Park, one of the poshest areas in the city is house to a lot of Europeans. Many working professionals are making Pune their first choice when it comes to choosing cities or settling down, which is why it is emerging as the new Cosmopolitan city of the country. All these factors have been instrumental in increasing real estate prices in the city, while the country is facing a slowdown in real estate.

The growing popularity of the city can also be explained by the increasing number of job opportunities it presents to people, especially the youth. Pune has the highest number of Public sector and Government organizations in the city. It also enjoys the privilege of having the most number of IT companies in the country, even more than Bangalore, which results in the city enjoying the highest per capita income.

Studies suggest that Pune has been ranked the 2^nd best city to live in, in the country, providing the best quality of life by offering a perfect balance between a fast paced metro city and a small city. One key highlight of the city is the OSHO Commune International, which is one of the most coveted organizations for meditation, and a must visit if you come to Pune. It is located in the outskirts of Koregaon Park, another instrumental factor in westernizing Pune, as it attracts a lot of people from other countries.

Since the opening of the Mumbai-Pune Expressway, life has changed for the residents of Pune in terms of comforts and opportunities. It has considerably reduced the travel time between Pune and Mumbai and made transport and professional lives easier.

Pune has been showing the highest record of growth in the last one or two decades. The expansion and growth Pune has witnessed has also lead to rise in real estate prices in the city as the aspirational factor of living in one of the best city has increased. 

Written by: Sejal Goyal

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Koregaon Park, Pune : You Can Never Have Enough of it

Just like every city, where the southern part of it is the swankiest and most expensive, Pune brings to its dwellers Koregaon Park, located in the south. Koregaon Park is deemed to be one of the most prestigious areas in the city, with some sprawling bungalows and many high-end luxurious, high-rise apartments and many more under construction. It is a very posh and upmarket area housing mostly the upper middle class and affluent people, who have a lot of disposable income to splurge, and choose to have a classy lifestyle and some visible attitude just like our project located in Koregaon Park, Marvel Exotica, only for those who do not like to compromise in living standards.

While passing by the lanes of Koregaon Park, you will see some of the hugest and beautiful bungalows of the city, which clearly show the taste and class of the people living in the area, Marvel Exotica will give new definitions to the tastes of people. It is of no surprise that Koregaon Park has become one of the costliest areas in Pune in terms of real estate prices in Pune, with Kalyani Nagar being in close proximity, increasing housing and commercial property rates all the more. Also, the area offers some of the best restaurants, pubs, lounges, cafes, designer houses in the city, attracting people from all spheres of life.

However, for a person who is new to Pune, Koregaon Park just translates to German Bakery, which is a very significant attraction in itself. The place has a legacy of serving light snacks, along with a wide range of mouth-melting cakes and puddings. It has almost become like a compulsory stopping point whenever one visits Koregaon Park. But, over the years, many new restaurants, hotels and lounges like The Westin, Mad House Grill, Oakwood Hotel, The Yogi’s Tree, have become an attraction for locals to hangout, giving stiff competition to German Bakery.

Another feather in Koregaon Park’s hat has been the establishment of the Osho Commune, which has transformed the area beyond recognition and expectations. It has become a hub for travellers from across the world, contributing 6% Europeans to Pune population. The Osho Commune has given a unique identity and edge to Pune, particularly Koregaon Park, making it a must visit at least once.

Koregaon Park’s close proximity to the IT hub of Pune, Kalyani Nagar, Pune City Railway Station, Pune International Airport, and presence of premium quality educational institutions, are also factors contributing to its fast development and growing infrastructure, which has in turn increased demand and real estate prices for residential and commercial projects for which we bring in our most top-of-the-line luxury apartments, Marvel Aurum.  

A rich, aspirational and pompous area, Koregaon Park has become the most desirable place to live in, owing to the facilities, choices and luxuries that it offers.

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