Kharadi: Pune's Commercial Powerhouse
Kharadi has emerged as Pune's most dynamic commercial real estate destination. With the World Trade Center, EON Free Zone, and multiple IT parks, it offers exceptional opportunities for commercial plot investment.
Key Commercial Landmarks
- World Trade Center (WTC): Pune's premier business address, attracting global companies.
- EON Free Zone: 4 million sqft IT park housing 40,000+ IT professionals.
- Zensar IT Park: Major employer driving residential demand.
- Kharadi Bypass Road: Key commercial artery connecting to airport and Hadapsar.
Commercial Plot Price Trends
Commercial plots in Kharadi command premium prices but offer higher rental yields:
- Main Road frontage: ₹15,000-22,000/sqft
- IT Park vicinity: ₹10,000-15,000/sqft
- Internal roads: ₹8,000-12,000/sqft
Commercial plots in Kharadi offer 6-8% rental yields — nearly double the residential rental yield of 3-4%.
What Can You Build?
- IT office spaces (highest demand)
- Retail shops and showrooms
- Restaurants and cafes (high demand from IT workforce)
- Co-working spaces (growing trend)
- Service apartments (short-term rentals for IT professionals)
Why Now is the Right Time
With the Kharadi-Shivajinagar metro line in planning and continued IT expansion, commercial plot prices in Kharadi are expected to appreciate 15-20% over the next 3 years.