Pune commercial skyline
Market · Pune

Pune: India's most dynamic office and engineering corridor.

Market overview

Why Pune

Pune has emerged as one of India's most active commercial real estate markets, with technology, captive services and engineering occupiers driving sustained absorption across Kharadi, Hinjewadi and Baner.

Institutional-grade Grade A inventory continues to expand, and the city has become a meaningful destination for pre-leased and strata investments backed by strong tenant covenants.

Micromarkets we cover

Kharadi Hinjewadi Phase 1–3 Baner & Balewadi Koregaon Park Magarpatta Viman Nagar
Average Grade A rent
₹ 92 / sq.ft

Kharadi — institutional buildings, monthly.

Vacancy (Grade A)
~ 9%

Tight supply across primary IT corridors.

Investment yields
7.5 – 9.0%

Pre-leased commercial assets in stabilised micromarkets.

Opportunities

Where Pune's CRE is heading

Kharadi Grade A absorption

REIT-grade assets and large floor plates continue to attract anchor occupiers.

Hinjewadi connectivity story

Upcoming metro extensions are reshaping office and warehousing demand patterns.

Baner & Balewadi flexibility

A growing supply of mid-sized Grade A buildings suits expansion-stage occupiers.

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