{
  "url": "https://classa.info/cities/pune",
  "title": "Pune Class A Office Market",
  "description": "India's automotive engineering and IT secondary capital with deep captive tenancy.",
  "oneSentenceAnswer": "Pune Class A office rents around ₹170/sqft/mo · ≈ $24.5 PSF/yr USD, with 11.4% vacancy and 6 months of typical rent-free on a 9-year term.",
  "tldr": [
    "Hinjawadi IT corridor anchors Maharashtra's deepest IT cluster outside Mumbai.",
    "Automotive HQs (Tata Motors, Bajaj Auto, Mahindra) anchor structural manufacturing demand.",
    "Captives (Barclays, BNY Mellon, Credit Suisse) drive structural BPO and IT tenancy.",
    "Class A vacancy near 11% — tightening on the Hinjawadi corridor."
  ],
  "keyFacts": {
    "city": "Pune",
    "country": "India",
    "region": "APAC",
    "classARentLocal": "₹170/sqft/mo · ≈ $24.5 PSF/yr USD",
    "classARentUsd": "$24.48/sqft/yr",
    "vacancyPct": "11.4%",
    "typicalLeaseYears": 9,
    "typicalRentFreeMonths": 6,
    "submarkets": 5,
    "corporateTaxPct": "25.17%",
    "talentIndex": 78
  },
  "faqs": [
    {
      "question": "What is the Hinjawadi corridor?",
      "answer": "Hinjawadi (Rajiv Gandhi Infotech Park) — west of central Pune — anchors Maharashtra's deepest IT cluster outside Mumbai. Major IT parks include Embassy TechZone, Persistent Systems HQ, and Wipro campus."
    },
    {
      "question": "How does Pune compare to Mumbai or Bangalore?",
      "answer": "Pune offers material rent discount to Mumbai (~50%) and ~15-25% discount to Bangalore. IT depth is comparable to Hyderabad; automotive engineering is materially deeper than either."
    },
    {
      "question": "What is the role of Magarpatta City?",
      "answer": "Magarpatta City — a master-planned mixed-use development on the eastern edge of Pune — anchors the city's principal master-planned IT and mixed-use Class A submarket."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/pune), updated 2026-04-15T00:00:00.000Z."
}