Pune Development Authority

The Pune Development Authority was set up in the year 1950 with the purpose of developing the city of Pune in an all-round manner to bring it at par with world standards.

Situated in the industrial state of Maharashtra, Pune has become one of the major industrial and commercial centers in India. Pune is the 2nd most important city of Maharashtra, next only to Mumbai. It is also called as the cultural capital of Maharashtra and the educational capital of the country. It is a cosmopolitan city with a potpourri of a variety of cultures. The city of Pune is scattered with a number of transnational and national companies. In recent times, Pune has also become a prime IT destination with scores of multi-nationals setting up base here. Pune has also emerged as one of the important Business Process Outsourcing (BPO) center in India. With such all-round features, Pune has naturally become one of the best places for investment in developmental activities.

The main functions of the Pune Development Authority:

• Development, acquisition, and disposition of land for residential, commercial, and industrial use
• Promotion of development of the urbanized areas with the authorization to buy, sell and transfer of property, including mobile and immobile property
• Undertaking and supervision of construction works
• Making the development lands available to the housing board and other housing developmental corporation for the provision of cheap homes to the lower class of the society

The opportunities for the Pune Development Authority:

• Reasonable residential apartments is the recent demand of the consumers
• Company Leasing for national and international business organizations
• Office Leasing for small and medium sized organizations
• Construction of shopping malls, hyper marts, and other modern format stores
• Individual Leasing for either residential and commercial purposes
• Commercial Leasing for any kind of legal commercial operation
• The investment in the infrastructural development in Pune would be very profitable
• The infrastructural development in Pune would also attract more FDIs for commercial success

The Pune Development Authority also undertakes the work of making the city clean and green. The PDA has taken the initiative towards e-governance in order to serve the local populace in an improved and more efficient manner.


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