Salarpuria Sattva Projects

Salarpuria Sattva projects in Kharadi, Pune

Salarpuria Sattva's Address in Kharadi

Salarpuria Sattva's most visible asset in Pune sits on Hadapsar Bypass Road in Kharadi, where the group built Sattva Techpoint, a location connected to Hadapsar Bypass Road, with Pune International Airport around 30-40 minutes away and the Pune-Ahmednagar Highway a few minutes further. The building itself is a technologically advanced, LEED Gold-certified, multipurpose building designed for IT and ITeS companies, and it carries a USGBC Gold certification, highlighting its commitment to green building standards. It was completed in 2020, indicating its modern construction standards, and is registered under RERA number A51800000454.

Physically, the project comprises a total built-up area of ~4,00,000 sq.ft, with the building standing 7 floors tall and a typical floor area of ~50,000 sq.ft. The layout is six levels of offices and two levels of parking floors, oriented so that smaller faces sit East-West with the core and dead façade to the south, so the tower enjoys least sun exposure, making the project highly energy-efficient. Salarpuria Sattva has followed this with a second Kharadi commercial address, Sattva Verve, a modern office building in Kharadi offering stylish and comfortable office spaces, with the tower standing 70 metres tall across 13 floors of office space.

A Bengaluru-Rooted Group with a National Office and Housing Footprint

Salarpuria Sattva's own account of its origins traces the business to a modest start: founded in 1993, the Group has set its footprints across India, beginning in Bengaluru with a small plot that offered just 20,000 sq ft of construction. From that base the group has scaled into one of India's larger diversified developers, with a strong presence in multiple cities including Bangalore, Pune, and Hyderabad, and a track record of successfully delivering 142 projects and over 69 million sq ft of completed space. Its portfolio spans seven major cities: Bengaluru, Hyderabad, Pune, Goa, Coimbatore, Kolkata, and Jaipur, and the company is managed by Managing Director Bijay Kumar Agarwal.

The group's commercial arm is a significant part of that story. Its leasing book has grown enough that in May 2025, the CCI approved KRT's acquisition of entities owned by Blackstone and Salarpuria Sattva, and after the REIT, the commercial leasing portfolio was set to be about 1.6 million square feet in FY2025, with total committed rent rising to Rs. 1,650 crores by March 31, 2024. Separately, Salarpuria Sattva has also taken ownership positions in large IT parks elsewhere, such as its stake in a Bengaluru tech park where, following a 2019 transaction, a consortium owned by the Blackstone Group (80%) and Salarpuria Sattva (20%) acquired the park, which was consequently renamed Sattva Global City. This pairing of ground-up development with institutional-grade office ownership is the same model reflected in the group's Kharadi buildings.

Why Kharadi Matches Salarpuria Sattva's Playbook

Salarpuria Sattva's core business logic across cities has been to build Grade A office space in corridors where global occupiers are already clustering, then let residential and retail demand follow. Kharadi fits that pattern precisely. Kharadi has grown into Pune's premier IT hub with over 11 million sq ft of office space, and this boom is fuelling high demand in Kharadi real estate. The locality's tenant base overlaps with the kind of occupiers Salarpuria Sattva courts for its office assets elsewhere: major employers like Credit Suisse, Barclays, and Citicorp driving employment, alongside firms such as Credit Suisse, Zensar, and Mphasis. The area also hosts the World Trade Centre Pune, a commercial office complex opened in 2013, operational, with 2.1 million sq ft of floor area, reinforcing Kharadi's identity as one of Pune's few globally networked business districts.

The Micro-Market Around Salarpuria Sattva's Kharadi Assets

Kharadi's transformation from a riverside suburb into an IT corridor has been steady rather than sudden. Strategically located near Pune Airport and connected to key hubs like Viman Nagar, Magarpatta, and Koregaon Park, Kharadi has transformed into a self-sustained township. Property values have moved with that transformation: property prices in Kharadi are appreciating by 8-10% annually, making it one of the best micro-markets for investors and homebuyers alike, and by 2026, average resale property prices range between ₹10,151 and ₹11,061 per sq ft, while premium societies offer rental yields of up to 4.5%.

Connectivity is the locality's other defining feature, and it is set to improve further. Pune Metro Line 4, running Khadakwasla-Swargate-Hadapsar-Kharadi, has received central government approval, with a 31.636 km elevated route carrying 28 stations expected to cost about ₹9,857.85 crore. Separately, the upcoming Metro Line 2, connecting Vanaz to Ramwadi, will further reduce commute times and increase property value. Historical patterns elsewhere suggest this matters for owners of Salarpuria Sattva assets in the corridor, since metro connectivity has historically pushed property prices up by 10% to 15% over 3-5 years in Indian cities.

What This Means for a Salarpuria Sattva Buyer or Occupier in Kharadi

For an occupier evaluating office space, Sattva Techpoint's positioning is built around access rather than isolation: it sits in Pune's prime IT corridor, suited for tech firms, MNCs, and startups seeking both convenience and visibility, backed by amenities that include a food court, gym, coffee shop, crèche, ATM, and a multipurpose court. For a residential investor watching the broader Kharadi story that Salarpuria Sattva's commercial towers help anchor, the underlying demand driver remains straightforward: the area combines a strong IT employment base, steady rental demand, and limited land availability, a combination that continues to draw new supply from developers active in the locality even as established IT-park-driven demand persists.

Frequently Asked Questions

What has Salarpuria Sattva actually built in Kharadi, Pune?+
Salarpuria Sattva's flagship Kharadi asset is Sattva Techpoint, a LEED/USGBC Gold-certified office building on Hadapsar Bypass Road completed in 2020, with roughly 4,00,000 sq ft of built-up area across 7 floors. The group has followed this with Sattva Verve, a 70-metre, 13-floor office tower also in Kharadi.
Is Sattva Techpoint a residential or commercial project?+
It is a commercial Grade A office building, not a residential project, offering office and retail space rather than apartments, with a RERA registration number of A51800000454.
Why has Salarpuria Sattva chosen Kharadi for its Pune office assets?+
Kharadi has over 11 million sq ft of existing office space and hosts global occupiers such as Credit Suisse, Barclays, Citicorp, Zensar and Mphasis, plus the World Trade Centre Pune, making it one of Pune's most established IT corridors for the kind of Grade A office product Salarpuria Sattva builds in other cities.
How connected is Kharadi to the rest of Pune?+
Kharadi links to Pune Airport, Viman Nagar, Magarpatta and Koregaon Park via Nagar Road and the Pune-Ahmednagar Highway, and is set to gain Pune Metro Line 4 (Khadakwasla-Swargate-Hadapsar-Kharadi, a 31.6 km, 28-station elevated corridor) as well as Metro Line 2 extending toward Ramwadi.
What is the price trend in Kharadi where Salarpuria Sattva operates?+
Kharadi property prices have been appreciating around 8-10% annually, with 2026 resale rates averaging roughly ₹10,151 to ₹11,061 per sq ft and premium societies offering rental yields of up to 4.5%.
How large is Salarpuria Sattva as a developer beyond Kharadi?+
Founded in Bengaluru in 1993, the group has grown into one of India's larger diversified developers, with over 140 completed projects and more than 69 million sq ft delivered across cities including Bengaluru, Hyderabad, Pune, Kolkata, Chennai, Jaipur, Goa and Coimbatore.
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