Godrej Properties Launches Premium Housing Project in Pune’s Kharadi-Wagholi
Godrej Properties Ltd has announced the development of a 14-acre premium housing project in Pune’s Kharadi-Wagholi area, with a developable potential of 3.7 million square feet and an estimated revenue potential of Rs 4,200 crore.
Godrej PropertiesPune Real EstateKharadiwagholiPremium HousingReal Estate DevelopmentReal Estate PuneJun 02, 2025
According to the company statement, the project will have a developable potential of 3.7 million square feet with an estimated revenue potential of Rs 4,200 crore. It is strategically located near major commercial hubs in Kharadi. The area provides access to schools, hospitals, malls, restaurants, and premium hotels, and 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. 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 which creates long-term value for its residents,” Godrej Properties MD & CEO Gaurav Pandey said.
Godrej Properties, a leading real estate developer, has a strong track record of delivering high-quality residential and commercial projects across India. The company’s focus on strategic locations and sustainable development practices has been instrumental in its growth and success. The new project in Kharadi-Wagholi is expected to set new benchmarks in the region’s real estate sector and attract a diverse range of homebuyers and investors.
Frequently Asked Questions
What is the size of the land parcel for the new project in Kharadi-Wagholi?
The land parcel for the new project in Kharadi-Wagholi is 14 acres.
What is the estimated revenue potential of the project?
The estimated revenue potential of the project is Rs 4,200 crore.
What are the key features of the Kharadi-Wagholi micro-market?
The Kharadi-Wagholi micro-market is known for its proximity to major IT and business hubs, improving infrastructure, and growing social amenities, making it a high-demand residential corridor in Pune.
Who is the CEO of Godrej Properties?
The CEO of Godrej Properties is Gaurav Pandey.
What is Godrej Properties' strategy for the Kharadi-Wagholi project?
Godrej Properties aims to build a high-quality development that creates long-term value for its residents, aligning with their strategy of strengthening their presence across key micro-markets in India.
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