1) The document proposes a thesis to reframe the multidisciplinary economic evaluation approach of urban conservation and implement it in the historic core of Pune, India to enhance capital and integrated development growth. 2) The objectives are to reimagine urban conservation with a multidisciplinary financial framework, implement an integrated approach toward economic development, map non-listed significant heritage under development pressure, and establish a self-sustaining financial framework. 3) The hypotheses are that heritage economics can drive global financial relationships, national development, capital generation, and empower local economies by changing perceptions of heritage as an asset rather than liability.