Where Pune's Technology Quarter Meets Elevated Residential Living
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Shriram Properties' upcoming mixed-use development in Hinjewadi represents the Bengaluru-headquartered developer's second project in Pune and its most ambitious foray into western India's residential market to date. Backed by a gross development value of Rs 700 crore and anchored by a Joint Development Agreement signed in October 2025, the project brings over 7 lakh square feet of total saleable area to one of the country's most structurally driven demand corridors. It is the kind of address that makes sense both as a home and as a long-term asset — built where Pune's largest employment district and its next wave of urban infrastructure converge.
The residential component — approximately 6.5 lakh square feet of premium apartments configured as high-rise towers — has been conceived for the professional households that define this neighbourhood. Efficient floor plates, generous ceiling heights, and thoughtful unit design mean that every apartment captures views of the surrounding Sahyadri foothills while keeping daily living practical and well-organised. The integrated retail and commercial component on the lower levels places convenience — a pharmacy, a cafe, an ATM — within the footprint of the building itself.
At the top of the towers, a Sky Clubhouse anchors the community experience, offering residents panoramic views across the Hinjewadi skyline alongside dedicated leisure, fitness, and social spaces. The design philosophy across the project draws on Shriram Properties' 25-year track record of delivering over 30.8 million square feet of residential development across Bengaluru, Chennai, and Kolkata — a record of consistency and craft that institutional partners including Walton Street Capital, Starwood Capital Group, and Mitsubishi Corporation have chosen to back.
Hinjewadi's moment as a residential address — rather than simply a workplace — is now. Property values in the corridor have appreciated 15 to 20 percent over three recent years, rental yields hold between 3 and 5 percent, and the imminent commissioning of Pune Metro Line 3 is expected to recalibrate travel times and unlock a new tier of demand. The SPLNxT growth blueprint, announced by Shriram Properties in 2024, targets a doubling of sales to Rs 5,000 crore by FY27, with asset-light joint development agreements in growth markets forming its backbone — this Hinjewadi project being among its most significant new additions.
This is an opportunity to secure a residence in a project where the developer's credentials, the location's fundamentals, and the trajectory of Pune's infrastructure investment are all pointing in the same direction. Enquire now to receive full configuration details, floor-plan options, and early-access pricing before the formal launch.
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Detailed master plan and unit-wise floor plans available on request.
Hinjewadi, Pune, Maharashtra · Pune
Hinjewadi sits roughly 20 kilometres west of central Pune and has grown, since the establishment of Rajiv Gandhi Infotech Park in the mid-1990s, into the city's largest and most active technology district. The park now spans three phases across approximately 700 hectares of MIDC land and hosts over 150 companies — ranging from multinational technology corporations to pharmaceutical and R&D operations — employing more than 300,000 professionals. Proximity to the Mumbai–Bangalore Highway (NH-48) gives the neighbourhood direct arterial access both to central Pune and to Mumbai, while the Wakad and Baner corridors extend its social and retail catchment in every direction.
The address draws particular value from two converging forces: a deep, self-renewing employment base that sustains consistent housing demand, and a rapidly maturing social fabric of international schools, multispeciality hospitals, retail destinations, and recreational parks. The 23.3-kilometre Hinjewadi–Shivajinagar elevated Metro corridor — Line 3 of the Pune Metro network — is in its final phase of development by Pune IT City Metro Rail Limited under PMRDA, with operations announced in phases starting 2026. Once running, the line will link Hinjewadi's technology hub directly to Shivajinagar's Civil Court interchange station through 23 elevated stops, dramatically reducing daily commute times for residents and IT professionals alike.
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The 23.3-kilometre elevated corridor, developed by Pune IT City Metro Rail Limited under PMRDA and implemented by a Tata–Siemens JV, is set for phased commissioning in 2026, with stations at Hinjewadi, Wakad Chowk, and Balewadi reducing CBD travel time significantly.
The Pune Metropolitan Region Development Authority's ongoing ring-road and arterial bypass programme is widening and extending key western Pune corridors, easing the daily load on the Hinjewadi–Baner axis and improving last-mile connectivity to the IT park phases.
MIDC's continuing 700-hectare master plan for RGIP includes additional commercial plots and amenity nodes in Phase 3, sustaining the inflow of technology and R&D occupiers that underpin Hinjewadi's residential demand for the decade ahead.
Pune's Smart City Mission is channelling investment into integrated traffic management, fibre-optic utility ducting, and public Wi-Fi infrastructure across the western corridor, directly improving liveability in the Hinjewadi–Wakad–Baner stretch.
Maharashtra's approved Purandar Greenfield Airport project, planned south-east of Pune, will expand the metropolitan region's air-connectivity and further strengthen Pune's standing as a destination for global technology and corporate investment, benefiting the employment ecosystem that feeds Hinjewadi's residential market.
Rajiv Gandhi Infotech Park — within direct reach of the project — hosts over 150 companies and more than 300,000 working professionals across three phases. Living within the district eliminates long commutes and places residents inside the strongest rental-demand pocket in western Pune.
With a confirmed GDV of Rs 700 crore and a total saleable area exceeding 7 lakh square feet, this is a full-scale, high-rise community — not a boutique micro-project. The development scale supports a comprehensive amenity programme, including the signature Sky Clubhouse with panoramic city views.
Shriram Properties, founded in 2000 and listed on BSE and NSE since December 2021, has delivered over 50 projects spanning more than 30.8 million square feet across Bengaluru, Chennai, and Kolkata, with institutional backing from Walton Street Capital, Starwood Capital Group, and Mitsubishi Corporation.
The 23.3-kilometre Hinjewadi–Shivajinagar elevated Metro corridor, implemented by PMRDA's Pune IT City Metro Rail Limited, is in final-stage construction and announced for phased operations from 2026. Stations inside Hinjewadi will connect residents to central Pune without reliance on road traffic.
The project combines premium residences with ground-level retail and commercial spaces in a single high-rise complex, placing daily conveniences — dining, retail, services — within the building footprint itself and reducing the number of trips residents need to make outside the campus.
Shriram Properties' debut Pune project in Undri, launched in May 2025, sold over 55 percent of available inventory within six months — demonstrating tangible buyer confidence in the developer's offering and validating the pricing and product strategy it is bringing to Hinjewadi.
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