The delegation will comprise of real estate developers primarily representing small and medium sized companies from the city. The tour will take the delgation around to visit prominent city buildings and landmarks and study life cycles of the big projects.
As a part of the tour, there will also be an exhibition held on a one-to-one level of builders and local construction management companies, equipment procurement companies, material manufacturers and such other stake holders from Korea's real estate sector.
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"The focus of this endeavour is to encourage trade between the two countries and for us to observe the best practices implemented by them and replicate them on home ground," said Shantilal Kataria, vice president, Credai, Pune Metro.
The pattern of an yearly study tour of the city's real estate players started back in 2005 and so far the Pune chapter has visited places like Dubai, Japan, Malaysia, Spain, London amongst other destinations. It will be an eight-day tour.