Pune: Pune’s Kharadi continues to emerge as one of the city’s most important corporate and technology destinations, with another major commercial real estate transaction highlighting the area’s growing significance.
State Bank of India (SBI) has acquired more than 2 acres of land along with 1.83 lakh sq. ft. of office space spread across 15 floors in Kharadi for ₹414 crore, according to a report by Hindustan Times.
The property, located in Kharadi Knowledge Park, adds to the growing portfolio of large-scale corporate infrastructure in one of Pune’s fastest-developing business districts. The transaction also reflects continued confidence in Kharadi’s commercial real estate potential, supported by its established technology ecosystem, connectivity and concentration of major businesses.
For Pune’s growing Global Capability Center (GCC) ecosystem, developments of this scale are significant. The availability of large, high-quality office infrastructure remains an important factor for companies evaluating Pune for technology, engineering, shared services and other global operations.
Kharadi has already established itself as a major employment and commercial hub, and continued investment in office assets is expected to further strengthen its role in Pune’s broader business ecosystem.
As Pune continues to attract global companies and expand its GCC footprint, Kharadi remains at the center of the city’s corporate growth story.