Godrej Properties Unveils Landmark ₹3,100 Cr Housing Project in Pune’s Upper Kharadi Massive

Godrej Properties Ltd. plans to develop a 16-acre land parcel in Upper Karadi, Pune, focusing on premium group housing and high-street retail, with a potential revenue of ₹3,100 crore, and excellent connectivity to major commercial areas. Godrej Properties has announced a major residential development in Pune’s rapidly emerging Upper Kharadi micro-market. Estimated at a revenue potential of ₹3,100 crore, this mixed-use project marks a significant expansion of the company’s presence in the Pune region.

The project spans approximately 1.7 million square feet of saleable area and will feature high-end residential units along with modern retail spaces. It is expected to cater to the growing demand for urban living in one of Pune’s most sought-after real estate hubs. Godrej Properties has taken a bold step toward redefining urban housing in Pune with the launch of a massive ₹3,100 crore project in Upper Kharadi. This ambitious development blends modern residential towers with high-street retail, aiming to cater to the rising demand for integrated living spaces in one of Pune’s most promising corridors.

Upper Kharadi, once a peripheral area, has transformed into a residential and commercial magnet over the past few years. Located near the established Kharadi IT belt and business parks, it offers seamless access to job centers, schools, healthcare, and transit hubs. With the proposed metro line, ring road, and proximity to the Pune Airport, Upper Kharadi is becoming a preferred choice for professionals and investors alike.

Why Upper Kharadi?

Upper Kharadi has emerged as one of Pune’s fastest-developing real estate corridors, driven by proximity to IT hubs, excellent infrastructure, and a rising professional population. Located close to EON IT Park and Magarpatta City, the area is gaining traction among homebuyers seeking connectivity, amenities, and investment potential. For more details on Pune’s top realty micro-markets, (Real Estate)

Details of the Development

The proposed project will offer a mix of 2, 3, and 4 BHK residential units, designed to appeal to mid-income and premium buyers. Alongside, it will feature curated retail spaces to serve both residents and surrounding communities. Godrej Properties plans to incorporate sustainable design principles, open landscapes, and cutting-edge amenities, maintaining its reputation for quality and innovation in urban housing.

Godrej Properties’ Strategy in Pune

This development is aligned with Godrej Properties’ ongoing strategy to strengthen its foothold in high-potential Indian cities. Pune, with its tech-driven growth and infrastructure development, remains a key market. The Upper Kharadi project is part of a broader plan to increase residential inventory in IT-centric locations. For a look at their other Pune projects, (Godrej Properties Pune portfolio).

Market Impact and Buyer Benefits

Experts believe this ₹3,100 crore investment will boost the region’s real estate value and act as a catalyst for further urban development. Homebuyers can expect long-term appreciation, given the combination of brand credibility, location benefits, and infrastructure growth. For tips on choosing the right property in Pune.

Sustainability and Design Approach

Godrej Properties is known for incorporating green building practices, and this new project will be no exception. With a focus on resource efficiency, eco-friendly materials, and energy-efficient construction, it is likely to appeal to environmentally conscious buyers.

Conclusion

The ₹3,100 crore Upper Kharadi project reflects Godrej Properties’ confidence in Pune’s evolving real estate landscape. By delivering a blend of luxurious, sustainable, and well-connected living spaces, the development is expected to become a new landmark in the city. Whether you’re an investor or end-user, this is one opportunity worth watching.