Godrej Properties Acquires 14 Acres Parcel in Kharadi-Wagholi, Pune

Mumbai, June 2, 2025: Godrej Properties will develop a 14-acre land parcel in Kharadi-Wagholi, Pune. The development will comprise primarily premium group housing.

The project will have a developable potential of 3.7 mn sq ft with an estimated revenue potential of INR 4,200 crore.

The land is strategically located near major commercial hubs in Kharadi, Pune, and provides access to schools, hospitals, malls, restaurants, and premium hotels. It is also close to the Chhatrapati Sambhaji Maharaj International Airport.

The Kharadi-Wagholi micro-market has emerged as one of Pune’s high-demand residential corridors driven by its proximity to major IT and business hubs, improving infrastructure and growing social amenities. Backed by sustained demand from a rising professional workforce, the region has rapidly evolved into a high-growth residential market and a key driver of Pune’s real estate expansion.

“Kharadi-Wagholi is one of the most sought-after destinations in Pune, and we are happy to mark our entry into this micro-market,” said Gaurav Pandey, MD and CEO, Godrej Properties.

“This further enhances our presence in Pune and fits within our strategy of strengthening our presence across key micro-markets in India. We will aim to build a high-quality development that creates long-term value for its residents.”