Shriram Undri Mixed-Use Project, Pune

The Address & The Vision

An Address Worth Owning

Shriram Properties, a Bengaluru-headquartered developer with a quarter-century of operating history, entered Pune through a joint development agreement for six acres of land in Undri. The company said in a statement that it has signed a joint development agreement (JDA) for a six-acre prime land, nestled in the upcoming micro markets of Undri in Pune. The Shriram Undri Mixed-Use Project is the outcome of that agreement, conceived as a single address that houses homes, retail, and commercial space rather than a residential-only block.

The scale of intent is deliberate. Shriram Properties will develop over 650 apartments and some retail/commercial spaces with an aggregate saleable area of over 1 million sq ft to be developed over the next four years. For residents, that translates to a neighbourhood built around daily convenience: retail and services within walking distance of home, rather than a separate destination reached by car.

The design brief follows an ecosystem logic rather than a tower-and-amenities template. Shriram Codename Superstar Pune is envisioned as a modern urban ecosystem rather than a standalone housing project, spread across a large land parcel, integrating premium residential towers with a high-street retail zone. That approach mirrors the developer's stated goal for its Undri entry, which is to reduce dependency on long commutes by bringing essential services, shopping, and leisure closer to home .

Pune's Undri micro-market has drawn developer attention precisely because of this convergence of connectivity and headroom for growth. SPL envisions crafting a landmark residential project in this upcoming micro market of Pune, promising effortless access to IT/ITeS spaces, retail, premium educational institutions, and central parts of the city. The Undri project also marked Shriram Properties' formal entry into Pune, the developer's first venture into the western Indian market after two decades of building in the south and east.

The Shriram Undri Mixed-Use Project is positioned for those who want a home address that also functions as a self-contained neighbourhood, in one of Pune's actively developing micro-markets.

A Look Inside

Configurations & Pricing

Choose Your Space

Configuration	Size	Starting Price
2 BHK Apartment Compact residences designed as part of the mixed-use Undri development		On request
3 BHK Apartment Larger family homes within the same integrated Undri address		On request
Retail / Commercial Space High-street retail and commercial units serving the residential community		On request

Lifestyle

World-Class Amenities

Recreation

Clubhouse
Multipurpose hall
Indoor games room
Lounge deck
Party lawn

Active

Gymnasium
Jogging track
Swimming pool
Outdoor sports court
Yoga deck

Community

Kids play area
Creche facility
Senior citizen sit-out
Visitor lounge
High-street retail zone

Greens & Outdoors

Landscaped gardens
Central green plaza
Water harvesting features
Tree-lined walkways

Master & Floor Plans

Detailed master plan and unit-wise floor plans available on request.

Preview only — request full plan

Location / Address

A Defining Address

Katraj-Hadapsar Bypass Road, Pune 411060 · Pune

Undri sits in the southeastern reaches of Pune, a locality that has moved from the city's periphery to one of its more closely watched residential corridors. Positioned in the southeastern part of the city, Undri connects well to IT and commercial zones like Magarpatta City, SP Infocity, and Hadapsar via Katraj-Undri-Hadapsar Bypass, NIBM Road, and the Mumbai-Pune Expressway. The area has grown around established neighbours such as NIBM, Mohammadwadi, and Kondhwa, giving it an already-formed social fabric rather than a from-scratch settlement.

For a mixed-use address, this location carries specific logic. Its location makes it particularly convenient for professionals working in these areas, offering quick commutes while preserving a peaceful suburban lifestyle. Schools such as The Bishop's Co-Ed School and Delhi Public School, and hospitals including Ruby Hall Clinic and Inamdar Multispeciality Hospital, sit within a short drive, rounding out the everyday infrastructure a resident or a retail tenant would look for.

Preview only — request full map

Connectivity

Location Advantages

Thoroughfares

NIBM Road — 3 km
Katraj-Undri-Hadapsar Bypass — Adjoining
NH-65 (Pune-Solapur Highway) — 6 km
Mumbai-Pune Expressway access — Via Hadapsar corridor

Corporate

Magarpatta City — Approx. 6-8 km
SP Infocity — Approx. 7 km
Hadapsar IT hub — Approx. 6 km
Kharadi IT Park — Approx. 9-12 km

Hospitality

Four Points by Sheraton, Pune — Approx. 8-10 km
Fairfield by Marriott, Pune Kharadi — Approx. 10-12 km
Hyatt Regency, Pune — Approx. 10 km

Education

The Bishop's Co-Ed School — Approx. 2-3 km
Delhi Public School — Approx. 3-5 km
EuroSchool — Approx. 3-5 km
RIMS International School — Approx. 4-5 km

Healthcare

Ruby Hall Clinic, Wanowrie — Approx. 8-10 km
Inamdar Multispeciality Hospital — Approx. 6-8 km
Noble Hospital, Magarpatta — Approx. 7-9 km

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Beyond the Project

Infrastructure & Growth

Pune Ring Road

The under-construction ring road around Pune is expected to ease cross-city and southeastern connectivity, benefiting locations like Undri that currently rely on arterial roads for access to employment hubs.

Katraj-Undri-Hadapsar Bypass upgrades

Continued widening and upgrades along this bypass corridor are improving travel time between Undri and the Magarpatta, SP Infocity, and Hadapsar business districts.

Pune Metro network expansion

Ongoing extension of Pune's metro lines toward the eastern and southeastern parts of the city is gradually improving mass-transit access for southeastern suburbs including Undri.

Growth of the Magarpatta-Hadapsar IT corridor

The steady expansion of IT and business park space around Magarpatta City and SP Infocity continues to drive housing and retail demand in adjoining residential markets like Undri.

Shriram Properties' broader Pune expansion

Following its Undri entry, Shriram Properties has signed a further joint development agreement for a mixed-use project in Hinjewadi, signalling sustained developer confidence in Pune's growth corridors.

Build Quality

Specifications

Structure

RCC framed structure built to seismic-compliant standards

Flooring

Vitrified tiles in living and dining areas

Bathroom

Premium CP fittings
Anti-skid tiles

Kitchen

Provision for modular kitchen fittings

Doors & Windows

Engineered wood doors
UPVC/aluminium windows

Electrical

Concealed copper wiring
Modular electrical switches

Security

24/7 CCTV surveillance
Controlled access points and dedicated security personnel

Why Invest

Compelling Reasons

1

Genuine mixed-use design

The project combines over 650 residential apartments with retail and commercial space on the same six-acre parcel, so daily needs sit within the same address rather than requiring a separate commute.

2

Scale of saleable area

With an aggregate saleable area of more than 1 million sq ft planned across residential and commercial components, the development is sized to support a genuine self-contained neighbourhood rather than a single isolated block.

3

Shriram Properties' entry project in Pune

This development marked Shriram Properties' formal entry into the Pune market, following two decades of building in Bengaluru, Chennai, Coimbatore, Visakhapatnam, and Kolkata.

4

Undri's connectivity profile

The site sits close to NIBM Road, the Katraj-Undri-Hadapsar Bypass, and the Mumbai-Pune Expressway corridor, placing Magarpatta City, SP Infocity, and Hadapsar within a practical commuting distance.

5

Room for expansion

Beyond the core six-acre parcel, Shriram Properties has pursued development rights over an additional eight acres nearby, primarily earmarked for retail and commercial use, extending the ecosystem around the project over time.

6

Backed by an asset-light, JDA-driven developer

Shriram Properties builds primarily through joint development agreements, a model that has supported a pipeline of dozens of projects across multiple Indian cities, bringing that same execution approach to this Undri address.

About the Developer

Shriram Properties Ltd

Shriram Properties Ltd commenced operations in Bengaluru in the year 2000, launching its first residential project, Shriram Shriranjani, in September of that year. The company is part of the Shriram Group, a financial conglomerate founded in 1974 by R. Thyagarajan that today spans insurance, consumer finance, and wealth management. Under the leadership of Chairman and Managing Director Murali Malayappan — an alumnus of Harvard Business School — Shriram Properties has grown from a modest enterprise into a publicly listed developer on the NSE and BSE, with a CRISIL A-/Positive credit rating reaffirmed as recently as 2025.

The company's defining approach is a focus on sensible, functionality-first design aimed at salaried professionals, young families, and first-time homebuyers in the mid-market and mid-premium housing segments. Every project is developed under an ISO 9001:2015-certified quality management system, and the brand's core values — Trust, Transparency, and Governance — are encoded visually in the three progress bars of the Shriram Properties logo. This philosophy has attracted institutional capital from Walton Street Capital, Starwood Capital Group, Mitsubishi Corporation, TPG Capital, and ASK Property Fund, validating the company's governance standards and product-market fit.

As of mid-2025, Shriram Properties has delivered 51 projects spanning over 31.5 million square feet, primarily across Bengaluru and Chennai, which together account for the majority of completed development. The company also operates in Coimbatore, Visakhapatnam, and Kolkata — where a large mixed-use township, Shriram Grand City in Uttarpara, represents its East India anchor — and entered the Pune market in 2025 with Shriram Spectrum, selling 150 units within the first four weeks of launch. A pipeline of 37 active projects covering approximately 37 to 40 million square feet positions the company for continued scale.

Shriram Properties holds its ownership responsibilities seriously. In 2024, the company handed over approximately 3,000 units and plots — a new annual record — following a milestone of more than 2,000 handovers in 2023. The developer has been certified as a Great Place to Work, reflecting an internal culture that mirrors its outward community commitments. Its asset-light Development Management model, joint development agreements, and joint ventures allow the company to expand without disproportionate balance-sheet risk, keeping homes accessible and value-driven across every city it enters.

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Frequently Asked Questions

What is the Shriram Undri Mixed-Use Project in Pune?+

The Shriram Undri Mixed-Use Project is a residential and retail development being built by Shriram Properties on a six-acre parcel in Undri, Pune, combining over 650 apartments with retail and commercial space across more than 1 million sq ft of saleable area.

Where exactly is the Shriram Undri Mixed-Use Project located?+

The project is located in Undri, in the southeastern part of Pune, close to the Katraj-Undri-Hadapsar Bypass, NIBM Road, and the Mumbai-Pune Expressway, giving it access to Magarpatta City, SP Infocity, and Hadapsar.

How many homes will the Shriram Undri Mixed-Use Project offer?+

Shriram Properties plans to develop over 650 apartments alongside retail and commercial spaces at this Undri address, with an aggregate saleable area of more than 1 million sq ft.

Is the Shriram Undri Mixed-Use Project RERA registered?+

The project is currently at the upcoming development stage in Pune; as with all projects across Maharashtra, formal RERA registration with MahaRERA is filed once the launch phase is finalised.

What is the development timeline for the Shriram Undri Mixed-Use Project?+

Shriram Properties has indicated the mixed-use development on this Undri land parcel will be built out over the next four years following the signing of its joint development agreement.

How well connected is Undri, Pune to IT hubs from this project?+

Undri connects to major employment corridors including Magarpatta City, SP Infocity, and Hadapsar via NIBM Road and the Katraj-Undri-Hadapsar Bypass, making daily commutes to these business districts practical for residents.