New Cities India

New Launch

Prestige Kharadi Pune: Prestige Group Launches Luxury 2, 3 & 4 BHK Apartments in Upper Kharadi

Prestige Group has launched Prestige Kharadi, a residential project in Upper Kharadi offering luxury apartments near Pune's major IT hubs. The project marks the developer's first residential foray in Pune, with 2, 3 and 4 BHK configurations and MahaRERA registration.

Realty News — Prestige Kharadi Pune: Prestige Group Launches Luxury 2, 3 & 4 BHK Apartments in Upper Kharadi
DeveloperPrestige Group
LocationUpper Kharadi, Pune
StatusNew Launch (as of April 2026)
Product2, 3 & 4 BHK luxury apartments
Price Band2 BHK: ₹1.10 Cr–₹1.25 Cr; 4 BHK up to ₹2.60 Cr
Possession TimelineExpected completion by 2030
RERA StatusMahaRERA registered
Land Area4.57 acres (acquired for ₹200 crore)
Building TechnologyMivan technology for structural strength
Proximity to IT HubsAdjacent to EON IT Park and World Trade Center

Project Overview

Prestige Kharadi is a new residential project by Prestige Group offering 2, 3 and 4 BHK apartments. The project signifies Prestige Group's strategic expansion into Pune with its first residential project in the city. As of April 2026, the project is in the New Launch phase.

Configuration & Specifications

Configurations include 2 BHK units of approximately 1,100 sq. ft., 3 BHK of about 1,600 sq. ft., and 4 BHK units of approximately 2,400 sq. ft. The project uses Mivan technology for construction, making walls smooth and the building much stronger than conventional structures. Over 80% of the land comprises open and green spaces with Smart Home features.

Pricing & Investment Details

2 BHK homes start at approximately ₹1.10 crore, with 4 BHK units reaching up to ₹2.60 crore. The project offers luxury 2, 3 and 4 BHK apartments from ₹1.25 crore and is MahaRERA registered. Major banks including SBI and HDFC have already approved the project for home loans.

Location & Connectivity

The project is located just minutes away from major office hubs EON IT Park and the World Trade Center. The project is very close to Pune International Airport, typically about 15 minutes by car. Upper Kharadi features residential developments with good connectivity to key job centres nearby including EON IT Park, World Trade Center, and Magarpatta City.

Upper Kharadi Market Context

Kharadi, along with Hinjawadi, has become a major tech center in Pune, with many large Indian and foreign tech companies opening offices in Kharadi's commercial buildings over the past decade. In the past 5 years, the locality has seen approximately 30% to 50% growth in property prices. Rental demand from IT and financial services professionals has kept Kharadi occupancy rates above 92% for qualified premium apartments for the last 4 years.

Regulatory Status

The project is registered with MahaRERA, with details available on the government website. The project follows all MahaRERA rules, meaning the government oversees the builder's timely completion and quality standards.

Developer Profile

Prestige Group was founded in 1986 in Bangalore and has delivered more than 350 projects across India in residential, commercial and retail segments. As of 2025–26, Prestige Estates Projects Ltd holds CRISIL's highest developer grade, DA1+, showing strong execution capability, financial stability and transparent documentation.

Frequently asked questions

What are the unit configurations available at Prestige Kharadi?

The project offers 2 BHK (1,100 sq. ft.), 3 BHK (1,600 sq. ft.), and 4 BHK (2,400 sq. ft.) luxury apartments.

What is the expected possession timeline for Prestige Kharadi?

The project is expected to be completed by 2030, with phased possession likely to begin before then.

Is Prestige Kharadi RERA registered?

Yes, the project is registered with MahaRERA, and details can be verified on the government website.

What is the price range for apartments at Prestige Kharadi?

2 BHK units start at approximately ₹1.10–₹1.25 crore, while 4 BHK units are priced up to ₹2.60 crore.

What major employment centers are nearby?

The project is adjacent to EON IT Park and World Trade Center, and is minutes away from Magarpatta City and other major IT zones in East Pune.

How far is Prestige Kharadi from Pune Airport?

The project is approximately 15 minutes by car from Pune International Airport.

What construction technology is being used?

The project uses Mivan technology for structural strength and earthquake resistance, with construction designed for durability and safety.

Sources

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