Pune’s Eastern Growth Corridor: Transforming from Peripheral Patch to Powerhouse of Growth

Once considered Pune’s outer edge, the Eastern Growth Corridor, encompassing Hadapsar, Kharadi, Wagholi, Manjri, and Magarpatta, has emerged as a transformative urban frontier, driven by robust infrastructure and employment opportunities.

PuneEastern Growth CorridorInfrastructureReal EstateInvestmentReal Estate PuneAug 07, 2025

Pune’s Eastern Growth Corridor: Transforming from Peripheral Patch to Powerhouse of Growth
Real Estate Pune:Pune (Maharashtra), 7th August 2025: Once viewed as Pune’s outer edge, the Eastern Growth Corridor, which includes Hadapsar, Kharadi, Wagholi, Manjri, and Magarpatta, has quietly emerged as the city’s most transformative urban frontier.

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. According to Murlidhar Mohol, Union Minister of State, the current priorities include constructing new roads and infrastructure, reducing traffic congestion, and advancing airport development.

Compared to the saturated and over-priced western suburbs, the Eastern Growth Corridor offers room for families and first-time buyers. The future-ready infrastructure will seamlessly bridge East and West Pune, making cross-city travel faster and smoother.

Kharadi, Phursungi, and Hadapsar have become thriving IT hubs with world-class campuses such as EON IT Park, SP Infocity, and Magarpatta City, 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), residents 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.

Ranjit Naiknavare, former President of CREDAI - Pune Metro, stated, “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.”

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. It’s about opportunities being created closer to where people live and focuses on less congestion, more access, and better balance.

It’s still early days 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. According to Q4 2024 data from Magicbricks and 99 acres, investor interest in Eastern Pune has increased by over 30% year-on-year.

Manish Jain, MD of Kumar Realty, noted, “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. We see the same pattern emerging in Eastern Pune. As infrastructure rapidly develops—new ring roads, metro lines, and the upcoming international airport—large-scale, well-planned communities like Magnacity will play a central role in defining the skyline and quality of life.”

All infrastructure projects are aimed at boosting the connectivity quotient of the Eastern Growth Corridor. 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.

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?

The Eastern Growth Corridor includes 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 International Airport.

Why is the Eastern Growth Corridor attractive for first-time buyers?

The Eastern Growth Corridor offers more affordable housing options compared to the overpriced western suburbs, along with future-ready infrastructure and strong community amenities.

Which major IT parks are located in the Eastern Growth Corridor?

Major IT parks in the Eastern Growth Corridor include EON IT Park, SP Infocity, and Magarpatta City.

What is the Magnacity project by Kumar Realty?

Magnacity is an ambitious integrated township by Kumar Realty, designed to blend modern amenities, green spaces, and thoughtful master planning, strategically located in the heart of the Eastern Growth Corridor.

Related News Articles

Pune: Former NCP Corporator Vanraj Andekar Shot Dead, Police Suspect Family Dispute
Real Estate Pune

Pune: Former NCP Corporator Vanraj Andekar Shot Dead, Police Suspect Family Dispute

Former NCP corporator Vanraj Andekar was shot dead in Pune's Nana Peth area, police suspect family dispute

September 1, 2024
Read Article
Housing Sales to Decline by 18% in Q3 2024 Across Nine Cities: PropEquity
Real Estate Pune

Housing Sales to Decline by 18% in Q3 2024 Across Nine Cities: PropEquity

New housing launches and sales in the July-September quarter of 2024 are expected to decline by 11% and 18% respectively across the top nine cities, according to data shared by real estate analytics firm PropEquity.

September 20, 2024
Read Article
Godrej Properties Sees 3% Increase in Q2 Sales Bookings to Rs 5,200 Crore
Real Estate

Godrej Properties Sees 3% Increase in Q2 Sales Bookings to Rs 5,200 Crore

Godrej Properties Ltd, a leading real estate developer in India, has reported a 3% increase in sales bookings to Rs 5,200 crore in the second quarter of the current financial year.

October 5, 2024
Read Article
Nikhil Kamath: No Stamp Duty in Stock Market After Buying His First House
real estate news

Nikhil Kamath: No Stamp Duty in Stock Market After Buying His First House

ZeroDha's billionaire co-founder, Nikhil Kamath, discusses the drawbacks of real estate investments after purchasing his first house, comparing it to the advantages of stock market investments.

October 19, 2024
Read Article
hBits Secures Rs 40 Crore to Boost Fractional Ownership in Commercial Real Estate
Real Estate

hBits Secures Rs 40 Crore to Boost Fractional Ownership in Commercial Real Estate

hBits, a platform enabling fractional ownership of commercial real estate, has raised Rs 40 crore from investors to expand its reach and enhance its AI-driven technology.

January 8, 2025
Read Article
Motilal Oswal Raises Rs 17.5 Billion for Sixth Real Estate Fund
Real Estate Pune

Motilal Oswal Raises Rs 17.5 Billion for Sixth Real Estate Fund

The fund focuses on investments in mid-income housing projects across India's top eight cities, including Mumbai, Pune, Chennai, Hyderabad, and more.

January 9, 2025
Read Article