Pune's Eastern Growth Corridor: A Transformative Urban Frontier
Pune’s eastern growth corridor, encompassing Hadapsar, Kharadi, Wagholi, Manjri, and Magarpatta, has emerged as a pivotal urban frontier, transforming the city into a global economic and technology hub.
PuneEastern Growth CorridorReal EstateInfrastructureIt HubReal Estate PuneAug 04, 2025
Strategically placed in the heart of this corridor, Hadapsar Link Road has evolved from a simple bypass into a powerful growth engine, connecting key hubs like Magarpatta and Kharadi. Backed by the Pune Metropolitan Region Development Authority (PMRDA) and the Smart Cities Mission, the region is witnessing coordinated infrastructure investment and massive employment growth.
“Our current priorities include constructing new roads and infrastructure, reducing traffic congestion, and advancing airport development,” said Murlidhar Mohol, Union Minister of State and Pune MP. One reason why people are looking east is affordability. Compared to the saturated and over-priced western suburbs, the eastern growth corridor still offers room for families and first-time buyers. Secondly, the future-ready infrastructure will seamlessly bridge East and West Pune, making cross-city travel faster and smoother. And developers have taken note, creating integrated townships with modern amenities, green zones, and community spaces that appeal to locals and newcomers.
A powerhouse of IT and commercial activity, Kharadi, Phursungi, and Hadapsar have become thriving IT hubs with world-class campuses such as EON IT Park, SP Infocity, and Magarpatta City. Companies like Cognizant, IBM, Wipro, Barclays, and Zensar have set up operations, driving demand for high-quality residences, retail, and commercial spaces.
The region is blessed with seamless connectivity. With the six-lane Pune–Solapur Highway (NH-65), the proposed Pune Ring Road, and Metro Line 3 (Vanaz to Ramwadi), you remain close to everything that matters. The airport and railway station are also within 15 to 25 minutes. The Maharashtra state government is set to disburse Rs. 17,000 crore for land acquisition intended for major infrastructure projects. Close to Rs. 9000 crore is allocated to the Pune Ring Road project. The Purandar airport project has also gained momentum, with land acquisition set to be completed by October 2025. The project will not only transform the aviation landscape of Pune but will act as a catalyst for infrastructure development in the surrounding areas.
“We’re proud to work alongside the Government and policymakers. Our meeting with Union Minister Mohol focused on fast-tracking Metro expansion and addressing key environmental and infrastructure issues for the city’s growth,” said Ranjit Naiknavare, former President, CREDAI – Pune Metro.
All urban conveniences are well within reach. Reputed schools, colleges, and hospitals, along with shopping destinations such as Amanora Mall and Phoenix Marketcity, offer an urban lifestyle backed by strong community infrastructure. This means you get more out of each day. The growth of the Eastern Growth Corridor is not just about land appreciation or high-rises. It’s about opportunities being created closer to where people live. It’s about reshaping how we think about urban growth. It focuses on less congestion, more access, and better balance.
The earlier you invest, the better. It’s still early days if you look at it from an investment perspective. This presents a big opportunity as the prices are still on the rise. Upcoming projects like the Kharadi–Manjri riverfront and a proposed IT park in Manjri are enhancing long-term potential. Among integrated townships in the region, Magnacity by Kumar Realty stands out for its scale, amenities, and strategic location. The sheer magnitude of the project is sure to transform the region. According to Q4 2024 data from Magicbricks and 99 acres, investor interest in Eastern Pune has increased by over 30% year-on-year.
“An ambitious integrated township, Magnacity is envisioned to blend modern amenities, abundant green spaces, and thoughtful master planning – all at the heart of this thriving urban axis. Over the past decade, we have witnessed how landmark projects and integrated developments have reshaped entire micro-markets. Western Pune is a clear example – projects like Megapolis in Hinjawadi became catalysts that attracted top IT parks and global companies, setting off a wave of residential, commercial, and infrastructure growth,” said Manish Jain, MD, Kumar Realty.
We see the same pattern emerging in Eastern Pune. As infrastructure rapidly develops – new ring roads, metro lines, widened highways, and proposed flyovers – the goal is to make connectivity seamless at every level. The upcoming Purandar International Airport is expected to open up new possibilities for logistics, business travel, and global connectivity. Each of these developments is like adding another engine to the corridor’s growth.
What’s interesting is how this momentum is self-sustaining. Job creation attracts talent. Talent demands infrastructure. Infrastructure increases land value. Land value attracts more investment. And the cycle of development continues. As the skyline rises and infrastructure takes shape, those who invest early will reap the rewards of vision and timing. The city is shifting towards the east. The smart move is to follow it.
Frequently Asked Questions
What areas are included in Pune's Eastern Growth Corridor?
Pune's Eastern Growth Corridor includes areas such as Hadapsar, Kharadi, Wagholi, Manjri, and Magarpatta.
What are the key infrastructure projects in the Eastern Growth Corridor?
Key infrastructure projects include the six-lane Pune–Solapur Highway (NH-65), the proposed Pune Ring Road, Metro Line 3 (Vanaz to Ramwadi), and the Purandar airport project.
Why is the Eastern Growth Corridor becoming popular for real estate investment?
The Eastern Growth Corridor is becoming popular for real estate investment due to its affordability, future-ready infrastructure, and the presence of IT hubs and integrated townships.
What are some of the major IT companies in the Eastern Growth Corridor?
Major IT companies in the Eastern Growth Corridor include Cognizant, IBM, Wipro, Barclays, and Zensar.
What is the significance of the Purandar airport project?
The Purandar airport project is significant as it will transform the aviation landscape of Pune and act as a catalyst for infrastructure development in the surrounding areas.
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