Hines Business Park Building B
Kharadi, Pune
Price on request benchmarked to your brief
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Office Space in Kharadi, Pune
Grade A, fitted and bare-shell office floors — from small cabins to full corporate floor plates.
Hines Business Park Building C
Kharadi, Pune
Price on request benchmarked to your brief
View detailsHines Business Park Building D
Kharadi, Pune
Price on request benchmarked to your brief
View detailsHines Business Park Building E
Kharadi, Pune
Price on request benchmarked to your brief
View detailsMarket briefing
Office Space in Pune — what to look at
Pune's office market splits along the two IT corridors and behaves very differently on each. Hinjewadi Phases 1 to 3 hold the largest floor plates and the deepest supply, and price accordingly. Kharadi, built out around EON Free Zone and the World Trade Centre, is where most large occupiers now look first, and its Grade A stock commands a premium over the western corridor. Baner, Balewadi and Aundh carry the mid-sized fitted floors that a 40 to 150-seat company actually wants. Viman Nagar and Kalyani Nagar trade on airport proximity and finished quality rather than scale. Koregaon Park and the central addresses are where a small premium office justifies its rent on the address alone.
Carpet, chargeable and the loading factor
Pune offices are quoted on chargeable area, and the loading factor between chargeable and carpet runs from about 25% in an older building to 40% or more in a new tower with a large core. Two floors quoted at the same rate per square foot can differ by a fifth in what you can actually put a desk on. Every listing here carries the carpet figure, because that is what you are really buying.
Bare shell, warm shell and plug-and-play
A bare shell needs ₹1,800 to ₹3,000 per square foot of fit-out and three to five months before anyone sits in it. A warm shell arrives with the flooring, ceiling, HVAC and washrooms done. Plug-and-play means desks, cabling and meeting rooms are in place and you move in inside a fortnight, at a higher rent that is really your fit-out amortised. Which is cheaper depends entirely on your lease term — we run the comparison before you commit.
What the headline rent leaves out
CAM charges, car park rentals charged per bay per month, the escalation clause, the lock-in, the security deposit and the fit-out rent-free period together move the real cost of a Pune office lease by a long way. A floor with a lower headline rate and a shorter rent-free period is frequently the more expensive deal. We model the full term, not the first month.
Questions we are asked most
What is the difference between carpet area and chargeable area?
Carpet area is the usable floor inside your walls. Chargeable area — what you pay rent on — adds your share of the lobbies, cores, lifts and common services. The gap between them is the loading factor, typically 25% to 40% in Pune. Always compare offices on carpet, and always compare the rate per carpet square foot rather than the headline rate.
How much office space do I need per person?
A dense modern layout runs 60 to 80 sq.ft. of carpet per seat including circulation, meeting rooms and pantry. A comfortable layout with cabins and larger meeting provision runs 100 to 125. Start from headcount at the end of your lock-in, not today, and check whether the floor plate can actually be laid out that way — a column grid or a deep core can cost you ten per cent of your seats.
Should I take a bare shell or a fitted office?
Below a three-year term, fitted or plug-and-play is almost always cheaper once you account for fit-out capital you will not recover. Above five years, a bare shell with a negotiated rent-free fit-out period usually wins, and you get a workspace built for how you actually operate. Between three and five it depends on the rent-free period on offer, which is exactly where the negotiation should focus.
What is a typical security deposit for a Pune office?
Six months of rent is the common ask for a Grade A lease, and it is negotiable against lock-in length and covenant strength. Some landlords ask for more from a new entity without an India track record. It is a term worth trading rather than accepting, and it is frequently easier to move than the rent itself.
Office Space by Pune micro-market
Office Space in Kharadi
Office Space in Viman Nagar
Office Space in Baner
Office Space in Aundh
Office Space in Hinjewadi Phase 2
Office Space in Balewadi
Office Space in Hinjewadi Phase 1
Office Space in Hinjewadi
Office Space in Wadgaon Sheri
Office Space in Hinjewadi Phase 3
Office Space in Hadapsar
