Pune has 5 distinct Class A submarkets we track, anchored by Hinjawadi (Rajiv Gandhi Infotech Park) at the trophy tier.

  • 5 submarkets covered.
  • Trophy tier: Hinjawadi (Rajiv Gandhi Infotech Park), Kharadi, Magarpatta / Hadapsar.
  • Prime tier: Pimpri-Chinchwad, Baner / Balewadi.
  • Established/emerging tier: —.

Pune Class A submarkets

Pune has 5 distinct Class A submarkets we track, anchored by Hinjawadi (Rajiv Gandhi Infotech Park) at the trophy tier.

TL;DR

  • 5 submarkets covered.
  • Trophy tier: Hinjawadi (Rajiv Gandhi Infotech Park), Kharadi, Magarpatta / Hadapsar.
  • Prime tier: Pimpri-Chinchwad, Baner / Balewadi.
  • Established/emerging tier: —.

By tier

**Hinjawadi (Rajiv Gandhi Infotech Park)** (trophy, ~₹192/sqft/mo · ≈ $27.6 PSF/yr USD) — Maharashtra's deepest IT cluster outside Mumbai. **Kharadi** (trophy, ~₹180/sqft/mo · ≈ $25.9 PSF/yr USD) — Eastern IT and trophy frontier. **Magarpatta / Hadapsar** (trophy, ~₹168/sqft/mo · ≈ $24.2 PSF/yr USD) — Master-planned IT and mixed-use district. **Pimpri-Chinchwad** (prime, ~₹144/sqft/mo · ≈ $20.7 PSF/yr USD) — Automotive manufacturing corridor. **Baner / Balewadi** (prime, ~₹168/sqft/mo · ≈ $24.2 PSF/yr USD) — Western post-2010 mixed-use Class A.

Key facts

cityPune
countryIndia
regionAPAC
classARentLocal1080 INR/sqft/yr
classARentUsd$156/sqft/yr
vacancy11.4%
typicalLeaseYears9
typicalRentFreeMonths6
submarkets5
primeYieldPct7.4%
trophyCount3
primeCount2

Frequently asked questions

How many Class A submarkets are in Pune?
5, ranging from trophy (Hinjawadi (Rajiv Gandhi Infotech Park)) down to established and emerging clusters.

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.

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