Hinjawadi (Rajiv Gandhi Infotech Park) is a trophy-tier Class A submarket of Pune with average asking rent around ₹192/sqft/mo · ≈ $27.6 PSF/yr USD.

  • Maharashtra's deepest IT cluster outside Mumbai.
  • Trophy tier — ~₹192/sqft/mo.
  • Active Class A leasing market with deal flow across major broker desks.

Hinjawadi (Rajiv Gandhi Infotech Park), Pune — Class A submarket

Maharashtra's deepest IT cluster outside Mumbai. · Tier: trophy · Avg rent: ₹192/sqft/mo · ≈ $27.6 PSF/yr USD

TL;DR

  • Maharashtra's deepest IT cluster outside Mumbai.
  • Trophy tier — ~₹192/sqft/mo.
  • Active Class A leasing market with deal flow across major broker desks.

Overview

Hinjawadi anchors Maharashtra's deepest IT cluster outside Mumbai. Embassy TechZone, Persistent Systems HQ, Wipro campus, and a deep cluster of IT and captive tenancy.

Tenant profile

IT (Infosys, Wipro, Persistent), captives (Barclays, BNY Mellon), BPO.

Typical specification

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Transit

PMPML bus; planned Metro Phase 3 extension.

Multi-modal transit captures the metro's principal professional catchment.

Amenities

Hinjawadi Phase 1/2/3 retail.

Comparable buildings

  • Embassy TechZone
  • Persistent Systems HQ
  • Wipro Hinjawadi

Where Hinjawadi (Rajiv Gandhi Infotech Park) sits in Pune

Hinjawadi (Rajiv Gandhi Infotech Park) is one of 5 Class A submarkets we cover in Pune, classified as trophy tier with an average asking rent around ₹192/sqft/mo · ≈ $27.6 PSF/yr USD. Compared with the broader Pune Class A stock, Hinjawadi (Rajiv Gandhi Infotech Park) typically attracts IT (Infosys, Wipro, Persistent), captives (Barclays, BNY Mellon), BPO and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.

Adjacent submarkets to study alongside Hinjawadi (Rajiv Gandhi Infotech Park): Kharadi, Magarpatta / Hadapsar, Pimpri-Chinchwad, Baner / Balewadi. The full Pune submarket atlas is at /cities/pune.

Topic deep-dives for Hinjawadi (Rajiv Gandhi Infotech Park)

For an institutional Class A occupier evaluating Hinjawadi (Rajiv Gandhi Infotech Park), the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:

Related glossary

Terminology specific to Pune Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

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