Overview: Prestige Exora Business Parks
Prestige Exora Business Parks is a pre-launch commercial development by the Prestige Group, occupying a 4.57-acre parcel in Kharadi, one of Pune's fastest-growing IT and business districts. The land came to Prestige through a joint development route: Prestige Exora Business Parks, a subsidiary of real estate developer Prestige Estates Projects, has acquired development rights and a 4.5-acre land parcel in Pune's Kharadi locality for over Rs 2 billion, purchased from joint development partner B U Bhandari M&M Realtors LLP. In March, both parties revised certain terms of the joint development agreement, which led to the sale and transfer of the land and its full development potential to Prestige Group.
The project marks Prestige's formal entry into Pune's commercial real estate market and is designed as a flexible workspace destination. Prestige Exora Business Parks is a pre-launch project in Kharadi, Pune, which is a premium commercial development offering world-class office spaces with modern infrastructure, and provides flexible unit configurations designed to suit various business needs. The development is built to serve a wide occupier base, from growing startups to large corporates that need contiguous floor plates.
Kharadi itself has transformed from a quiet suburb into one of Pune's most sought-after business addresses over the past decade. Kharadi, one of Pune's fastest-growing suburbs, is located along the banks of the Mula-Mutha River, and over the past decade has evolved into a significant commercial and residential hub. This existing ecosystem of IT parks, SEZs and MNC offices gives Prestige Exora Business Parks a ready pool of occupiers and talent right at its doorstep.
As pricing and floor plans are yet to be officially released, this page will be updated with confirmed configurations, sizes and RERA details as soon as Prestige Group makes its formal launch announcement.
