Punawale
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Punawale | |
|---|---|
Neighbourhood | |
  Punawale Location in Maharashtra, India | |
| Coordinates: 18°37′52.32″N 73°44′19.61″E / 18.6312000°N 73.7387806°E | |
| Country |  India |
| State | Maharashtra |
| City | Pune |
| Elevation | 575 m (1,886 ft) |
| Demonym(s) | Punekar, Puneri |
| Languages | |
| • Official | Marathi & English |
| Time zone | UTC+5:30 (IST) |
| PIN | 411033 |
| Vehicle registration | MH 14, MH 12 |
| Governing Body | Pimpri Chinchwad Municipal Corporation, Pune |
Punawale is a fast developing suburb of Pimpri-Chinchwad. Punawale is 5 minutes distance from Pune Mumbai expressway.
Located advantageously close to Hinjawadi and its growing IT Park and the Pune Mumbai Expressway, Punawale has now emerged as the location of choice for home buyers from the Information Technology as well as manufacturing segments.
Punawale is also near Wakad and benefits from convenient access to various hospitals, schools and shopping malls.
Punawale was an underdeveloped village. Prior to its development, most of the inhabitants were poor peasants practicing agriculture and wood carving, deprived of basic public services. From the late 1990s, the village grew to catch up with the vast industrialization and expansion of the nearby Pune city. The introduction of IT Park near Hinjawadi sparked a tremendous real estate growth in the region favored by IT professionals.
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