Kharadi Annex: East Pune's Riverside IT Address
Kharadi Annex sits along the Mula-Mutha river on the eastern edge of Kharadi, one of Pune's most sought-after IT and business corridors. Kharadi-Wagholi, where several major projects are located, is one of the most self-sufficient suburbs in Eastern Pune, balancing green spaces along the river with world-class social infrastructure, including top schools, healthcare, entertainment, transport, and public facilities. The locality falls under Sector R-14 of an integrated township near Wagholi village, giving it a planned layout with wide internal roads and dedicated open spaces.
The area's growth is closely tied to the adjoining Kharadi IT Park, EON Free Zone, and the World Trade Center, which host global corporates and drive constant housing demand from working professionals. EON IT Park and WTC host global firms like Barclays, Credit Suisse, and TCS, and over 11 million sq ft of office space drives an endless demand for local housing. This has made Kharadi Annex a preferred rental and end-user market for IT employees who want to live close to work.
One of the key factors driving the growth of Kharadi is its proximity to Pune's IT hubs, such as Magarpatta City and EON IT Park, which has led to a surge in demand for residential properties from the city's burgeoning IT workforce. Alongside residential towers, the area has developed a strong social ecosystem of reputed schools, hospitals, and retail destinations, making it attractive for families and not just single professionals.
Over the past few years, Kharadi Annex has moved from an emerging pocket to an established micro-market with a mix of gated townships, mid-rise apartments, and high-rise towers. Kharadi is a rapidly developing locality known for its IT parks, commercial establishments, and proximity to key areas like Viman Nagar, Koregaon Park, and Magarpatta City.
