Knight Frank's latest report highlights Pune's commercial real estate growth, with leasing volumes rising 19% year-on-year to 8 million sq. ft. in 2024. Kharadi has emerged as a key business hub, attracting top firms like Citicorp, Amazon, and Deloitte, driven by its connectivity and growing professional base. Amid this surge, SQUAREA has positioned itself as a strategic advisor linking investors to high-yield Grade-A assets. Its latest collaboration with Omicron Group-Omicron Business Landmarks Kharadi NX-offers 360,000 sq. ft. of premium office space in a 26-storey tower. With sustainable design, modern amenities, and strategic location, the project reflects Kharadi's rise as a prime commercial destination.
According to Knight Frank's most recent report, Pune's commercial real estate market has been growing steadily, with a leasing volume of 8 million square feet in 2024 a 19% increase from the year before. Central to this growth is Kharadi, a neighbourhood that has transitioned from an emerging suburb to one of Pune's most coveted business districts. Its connectivity to IT hubs, residential zones, and the city's central business district (CBD) has made it a preferred destination for firms seeking world-class office spaces.
Kharadi's landscape features a blend of established IT parks, premium residential projects, and upcoming commercial developments. The micro market has attracted significant leasing deals from renowned brands such as Citicorp, BNY Mellon, Hines, Amazon, and Deloitte. This demand is driven by an influx of approximately 500,000 global professionals and an anticipated leasing requirement exceeding 20 million sq. ft., positioning Kharadi as one of India's foremost commercial hubs.
Amid this burgeoning demand, SQUAREA has played a consistent role in bridging institutions, corporates, and high-net-worth investors with size-appropriate Grade-A commercial properties that offer high yields. Leveraging its extensive network, market insight, and client-focused strategy, SQUAREA has established itself as a strategic partner for HNIs and investors concentrating on commercial real estate.
The recently announced Grade-A commercial project in Kharadi, 'Omicron Business Landmarks Kharadi NX', marks a significant collaboration between Omicron Group and SQUAREA, with the latter acting as the exclusive sales and marketing partner. This alliance comes at a time when multinational corporations are actively seeking large to medium-sized premium office spaces, with Kharadi at the epicentre of this growth trajectory.
Omicron Group, with over three decades of experience, is reputed for its ethical practices, quality construction, and timely delivery. The group has previously delivered commercial developments balancing international standards with contemporary aesthetics, earning industry respect and investor trust.
Strategically located in the affluent heart of Kharadi, Omicron Business Landmarks Kharadi NX is poised to become an architectural icon tailored for modern enterprises. Upon completion, the 26-storey building will offer approximately 360,000 sq. ft. of built-up area, including 20 floors of scalable Grade-A office spaces ranging from 899 sq. ft. to entire floor plates of 12,400 sq. ft. Its iconic glass facade offers panoramic 360-degree city views and tranquil riverside scenery. The project incorporates Vastu-compliant designs and pre-IGBC certification to ensure sustainability and future-proof relevance.
Beyond its architectural appeal, Kharadi NX offers an enhanced workplace experience. Facilities include nine high-speed elevators, nine levels of parking, and advanced security systems. The rooftop amenity zone, featuring a cafeteria and fitness area, supports modern work-life balance. Additionally, state-of-the-art conference rooms, training spaces, and a dedicated business lounge cater to the needs of rapidly growing enterprises.
SQUAREA's longstanding presence in Kharadi and expertise in Grade-A commercial real estate are expected to be instrumental in the success of this landmark project. For businesses seeking a strategically located, right-sized commercial asset, Omicron Business Landmarks presents a compelling investment opportunity. The project is duly registered under MahaRERA (No.: P52100053519), with further information available on the official MahaRERA website.
As Pune continues to attract significant leasing interest and investment, projects like Omicron Business Landmarks Kharadi NX not only reflect the city's rising economic stature but also redefine the future of workplace environments through innovation, connectivity, and thoughtful design. This trajectory underlines Pune's potential to emerge as a top-tier commercial destination in India.
Source - PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023