The Pune Growth Story-A Report Part I
1. Introduction: As a postlude to the 36 future cities report, GIREM undertook this survey “The Pune Growth Story” to understand people’s mind on how they see urbanization unfolding their city.
The survey also aimed to draw people participation on how they see the role of corporate in the city. GIREM wanted to clearly understand citizens’ perception on reality of their city and their expectations. This report will be sent to respective authorities and ministries, with the expectation that they will initiate a process of consultation among stake holders to promote the concept of the future cities and extend required policy support.
This report showcases the list of ‘urban issues’ pertaining to the city. The report also suggests recommendations to follow, and which are the ideal businesses that the city can attract.
GIREM works closely with corporate & citizens of city for betterment of city’s urban infrastructure & services.
2. Background Can Pune become the city of future? As per 2011 census Pune is the 4th largest city in terms of population with 9,426,959 people with a density of 603 per sq KM. With 30.34 % decadal growth rate it may cross 12,287,098+. With the emergence of the IT & ITES sector Pune is the first city to have Software Technology Park in the Country. It is emerging as one of the most sought-after business destination with the advent of more than 500 MNC’s and 66 global fortune 500 companies doing business in the state and Presence of 100 plus world renowned high end research and development organizations in the State. As the commercial and office space market is going up on one side, the residential real estate market in Pune is also getting very vibrant day by day, as the boom in IT/ ITES have brought people migrating in large numbers.
Each migrant will bring additional 3-4 dependents actively and will also add more service providers and vendors passively, to cater to his daily needs like retail, schooling, health, leisure and entertainment. During the last decade the city’s real estate market has seen huge appreciation in terms of its capital values and has changed significantly and evolved as a dynamic Tier II business destination.
The city is growing exponentially and is getting congested day by day and the corporate are now seeking solutions to their growing space needs, to the suburbs. At the one end the city is growing unprecedented and on the other end it is facing basic challenges by both the city dwellers and the investors.
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