Pune is a thriving business hub, hosting many companies across various sectors. The city’s corporate ecosystem directly impacts its real estate market. Flourishing businesses drive demand for commercial office spaces, residential properties and infrastructure development. As corporations expand and attract a skilled workforce, the real estate sector responds with innovative projects
See also: Top logistics companies in Pune
Business landscape in Pune
Pune boasts a diverse business landscape with a spectrum of thriving industries. It is a technology hub housing numerous IT companies and software firms. Additionally, Pune is a manufacturing powerhouse, excelling in the automotive and engineering sectors. The city is home to renowned educational institutions and the emerging startup ecosystem. Furthermore, the healthcare, finance and real estate sectors contribute significantly to Pune’s robust and multifaceted business environment.
Top travel companies in Pune
Girikand Travels
Industry: Travel, Tourism
Sub-industry: Tourism & Transport Services
Company type: Industry Top
Location: Â Deccan Gymkhana, Pune Maharashtra-411004
Founding date: 1987
Girikand Travels is a leading travel company offering various services, including domestic and international tours, ticketing and hotel reservations. They have successfully executed major projects in organising group tours and pilgrimage packages.Â
SaiShraddha Tours
Industry: Travel, Tourism
Company type: MNC
Location: Jangali Maharaj Rd, Deccan Gymkhana, Pune, Maharashtra 411005
Founding date: 2009
SaiShraddha Tours is a well-known travel agency with a broad range of travel services. They specialise in organising domestic and international travel, creating unique travel packages to suit different preferences. They are dedicated to providing outstanding travel experiences and offer various services, such as itinerary planning, hotel reservations and travel arrangements.
King Holidays
Industry: Travel, Tourism
Company type: SMEs
Location: Kala Nagar, Dhankawadi, Pune, Maharashtra 411043
Founding date: 1758
King Holidays is a prestigious travel company well-known for its broad selection of travel services. Their fundamental aim is to constantly deliver passengers extraordinary and custom experiences that accommodate a wide range of travel tastes. They specialise in flight bookings, lodging and the construction of personalised tour packages covering several places.
Gargi Tours
Industry: Travel, Tourism
Company type: SMEs
Location: Dhanori, Visharntwadi, Pune, Maharashtra 411015
Founding date: 2012
Gargi Tours is a travel agency that offers a wide array of travel services. They specialise in organising domestic and international tours, custom itineraries and travel packages. Their core focus is creating memorable and enjoyable travel experiences for their clients through various travel-related products and services.
United Tourism Consultancy
Industry: Travel, Tourism
Company type: Industry Top
Location: Fatima Nagar, Wanowrie, Pune, Maharashtra 411013
Founding date: 2017
United Tourism Consultancy is a professional consulting firm specialising in tourism and hospitality. They provide strategic guidance, market analysis and project management services to tourism businesses and destinations. Their major projects include destination development, marketing strategies and hospitality management. They aim to enhance the tourism industry’s sustainability and profitability.
Aumkar Tours & Travels
Industry: Travel, Tourism
Sub-industry: Travel Agencies, Taxi, Bike Services
Company type: SMEs
Location: Â Kothrud, Pune Maharashtra- 411038
Founding date: 2007
Aumkar Tours & Travels is a prominent travel agency offering comprehensive travel services. They specialise in organising domestic and international tours, booking flights and hotels and crafting custom itineraries. While specific projects may vary, their primary focus is on providing hassle-free travel experiences, catering to diverse preferences. Aumkar Tours & Travels aims to ensure memorable and enjoyable journeys for its clients.
Kingston Travels
Industry: Travel, Tourism
Company type: SMEs
Location: Balgandharv (Main branch), Pune, Maharashtra 411005
Founding date: 2003
The well-known travel company Kingston Travels is renowned for its extensive service offerings. They specialise in planning smooth trips by reserving hotels, flights, and tour packages. Kingston Travels continually concentrates on providing outstanding travel solutions to satisfy its clients’ various demands.
Veena World
Industry: Travel, Tourism
Company type: Industry Top
Location: Shivajinagar, Pune, Maharashtra 411004
Founding date: 2013
Veena World is a prominent player in the industry. They offer various travel experiences, specialising in domestic and international tours, personalised journeys and memorable cruise holidays. Committed to customer satisfaction, Veena World is celebrated for excellence and innovation in travel and tourism. Their portfolio caters to discerning travellers seeking unforgettable adventures.
Plan My Yatra
Industry: Hospitals, Healthcare, Travel, Tourism
Sub-industry: Healthcare Services, Travel Agencies, Taxi, Bike Services
Company type: SMEs
Location: Shivajinagar, Pune Maharashtra-411016
Founding date: 2007
Plan My Yatra is a travel planning and booking company that assists travellers in creating customised itineraries for their journeys. They offer services such as itinerary design, hotel reservations, transportation booking and tour planning. While specific projects may vary, their primary focus is curating personalised travel experiences for individuals and groups.
Rayna Group
Industry: Travel, Tourism
Company type: Industry Top
Location: Â MITCON Lane, Balewadi, Pune, Maharashtra 411045
Founding date: 2006
Rayna Group is a Dubai-based tourism and hospitality company specialising in tours, travel services and destination management. They offer a range of tour packages, visa services, airport transfers, etc. Rayna Group has expanded its presence globally and is known for providing comprehensive travel solutions, serving leisure and business travellers.
Commercial real estate demand in Pune
Office Space
Pune’s commercial real estate market is witnessing a surge in demand for office spaces. The city’s thriving IT and manufacturing sectors and the growth of startups are driving the need for modern,well-equipped workspaces, resulting in increased development and leasing activity.
Rental Property
The demand for residential and commercial rental buildings has expanded due to a consistent influx of professionals and students. The city is a well-liked option for tenants because of its accessibility and amenities.
Impact
The Pune real estate market is significantly impacted by the rising demand for office space and rental homes. It has stimulated building activity, enhanced infrastructure and reduced rental prices. Thanks to this growth, the real estate sector benefits from Pune’s role as a developing business and educational hub.
Impact of travel companies on Pune
Utilising the local real estate market has been primarily made possible by Pune’s tourism agencies. With the rise in tourism and business travel, these businesses have fueled the need for hotels, serviced apartments and commercial spaces. Due to the rising demand, real estate developers have invested in commercial and hotel structures, boosting Pune’s economy and cementing the city’s status as a well-liked travel and business hub.
FAQs
Which area of Pune is the richest?
As Pune's most affluent neighbourhood, Koregaon Park is recognised for its lavish homes, first-rate amenities and close access to business districts.
Which travel company is the best in India?
One of India's most well-known travel services, MakeMyTrip, is particularly well-known for providing affordable flight tickets.
What is the city of Pune known for?
Pune is a city’s where one can experience the Marathi culture and its theatre, arts and education.
Which tourism company is the largest?
Booking Holdings currently holds the titles of the largest travel company in the world and the largest travel company in the United States.
Why is Pune well-known among tourists?
India's most well-liked tourist site is the renowned Rajiv Gandhi Zoo in Katraj, which is adjacent to the country's capital city of Pune.
What position does tourism in India hold?
India is ranked 54th overall out of 117 nations in the World Economic Forum's Travel and Tourism Development Index 2021, which replaced the organisation's prior Travel and Tourism Competitiveness Report.
Which Indian state has the most tourism?
According to the Union Ministry of Tourism, Tamil Nadu was the most popular travel destination for both Indian and foreign tourists in 2021, with over 14 crore domestic visitors.
What is the travel industry's future?
Between 2022 and 2032, travel and tourism GDP is estimated to rise at a 5.8% annual rate, exceeding overall economic growth of 2.7%. According to experts, longer-term prospects are equally encouraging for the coming decade.
What is India's top tourism destination?
One of India's top tourist destination is Agra where Taj Mahal, is located.
Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
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