Shriram Properties Launches Rs 700 Crores GDV Project in Hinjawadi, Pune
Shriram Properties, a leading mid-market and mid-premium residential real estate developer, has signed a Joint Development Agreement for a premium residential project in Hinjawadi, Pune, with a GDV potential of Rs 700 crores.
Shriram PropertiesPuneReal EstateHinjawadiGdvReal Estate PuneOct 30, 2025
This marks SPL’s second project in Pune, underscoring its strategic intent to deepen its presence and establish a strong foothold in one of India’s most vibrant real estate hubs. The company first entered the Pune market in May 2025 with its maiden project at Undri, which met with an encouraging response by selling over 55% of available inventories within six months of launch.
The new project in Hinjawadi is a high-rise mixed-use development that includes 6.5 lakh square feet of premium apartments, complemented by thoughtfully designed retail and commercial spaces. The total saleable area exceeds 7 lakh square feet, with a Gross Development Value (GDV) potential of approximately Rs 700 crores.
Strategically located in a high-demand residential corridor, the project is designed to set new benchmarks in vertical living. It will feature a Sky Clubhouse offering panoramic views of the city, exclusive leisure amenities, and social spaces that enhance the residents’ experience. With its strategic location, integrated design, and contemporary architecture, the project is envisioned as a landmark destination within Hinjawadi.
Hinjawadi, known as Pune’s largest IT and business district, has emerged as one of the city’s most preferred residential destinations. This is driven by its robust employment ecosystem, excellent connectivity, and strong social infrastructure. The micro-market continues to attract both end-users and investors, with sustained housing demand supported by steady rental yields and proximity to the Hinjawadi IT Park, the Mumbai-Pune Expressway, and key educational and healthcare institutions.
With this project, Shriram Properties is further strengthening its portfolio in the western region, building on the encouraging response to its maiden project in Pune. The company remains focused on expanding its footprint across high-growth micro-markets of Pune while maintaining its leadership in South India’s mid-market housing segment.
Commenting on the development, Akshay Murali, Vice President – Business Development at Shriram Properties, said, “Pune continues to offer strong demand fundamentals driven by its thriving IT and industrial ecosystem. The signing of our second project marks an important step in our expansion strategy and reflects our confidence in the city’s long-term potential. We are excited to strengthen our presence in Pune. This latest addition aligns with Shriram Properties’ broader growth strategy to scale up its presence across key residential markets through partnerships and development alliances, while maintaining its focus on delivering value-driven, high-quality homes.”
Frequently Asked Questions
What is the GDV potential of Shriram Properties' new project in Hinjawadi, Pune?
The GDV potential of Shriram Properties' new project in Hinjawadi, Pune, is approximately Rs 700 crores.
Where is the new project located in Pune?
The new project is located in the highly sought-after micro-market of Hinjawadi, Pune.
What is the total saleable area of the new project?
The total saleable area of the new project exceeds 7 lakh square feet.
What are the key features of the new project in Hinjawadi?
The key features of the new project include 6.5 lakh square feet of premium apartments, thoughtfully designed retail and commercial spaces, a Sky Clubhouse with panoramic views, exclusive leisure amenities, and social spaces.
What is Shriram Properties' strategy for expanding in Pune?
Shriram Properties' strategy for expanding in Pune is to deepen its presence and establish a strong foothold in high-growth micro-markets through partnerships and development alliances, while maintaining its focus on delivering value-driven, high-quality homes.
Related News Articles
Real Estate Agents Brutally Assaulted in Mumbai Mistaken for BMC Informants
DN Nagar police have arrested three individuals who stripped and gave electric shocks to four real estate agents, mistaking them for BMC informants. The incident took place in Andheri West and has sparked widespread outrage.
Check Residential Property Prices and Rent in Mumbai, Thane, and Other MMR Areas in Q3 2024
Mumbai Metropolitan Region (MMR) property price updates and news for Q3 2024. Mumbai stands out as the primary driver, accounting for 74% of new launches.
Maharashtra 2024 Elections: Ghatkopar East Candidate Among Wealthiest MLAs
In the lead-up to the Maharashtra 2024 elections, the candidate from Ghatkopar East is among the top 10 wealthiest MLAs, boasting significant property holdings, including expansive farms and commercial real estate, often with benami stakes.
Cushman & Wakefield Welcomes Moinuddin Patel as Managing Director for Pune
Cushman & Wakefield, a leading global real estate services firm, has appointed Moinuddin Patel as the Managing Director for their Pune operations. With over 20 years of experience in the real estate sector, Moinuddin will be responsible for driving the fi
Bachelor Living in Prestigious Malabar Hill, Mumbai: A Unique Renter’s Experience
Explore the life of a bachelor renting a cozy abode in the elite neighborhood of Malabar Hill, Mumbai. Discover the unique challenges and benefits he faces living in one of the most sought-after areas in the city.
Sonipat Real Estate: The Rise of a Modern Urban Hub
The development of new shopping complexes in Sonipat, including the iconic Khari Baoli Market, Bhagirath Palace, and Ganaur Market, is set to transform the city's retail and real estate landscape, attracting investors and residents alike.