Shapoorji Pallonji Real Estate Projects

Shapoorji Pallonji Real Estate projects in Hadapsar Annexe, Pune

Where Hadapsar Annexe Fits in Pune's East

Hadapsar Annexe is not a formal administrative ward but a widely used market name for the suburban stretch that extends south of core Hadapsar along the Pune–Solapur Highway (NH-65), taking in villages such as Shewalwadi and Manjri Budruk. NH-65 passes directly through Shewalwadi, placing this pocket roughly six kilometres from Hadapsar's established IT belt. The micro-market is effectively a southern satellite of Hadapsar, which began its transformation into a prominent industrial and residential hub from the early 1990s.

Key distances from the wider Hadapsar area: Pune Railway Station 8 km, Lohegaon Airport 8 km, Koregaon Park 5 km, and Swargate Bus Stand 7 km. Hadapsar Annexe itself adds a further few kilometres southward on the highway, so travel times to the city centre typically run 25–40 minutes depending on traffic flow at Hadapsar Gadital and Magarpatta Chowk.

Employment Catchment

The locality draws residential demand primarily from workers in three SEZs that sit within or immediately adjacent to the broader Hadapsar zone. These are Magarpatta, Amanora Park Town, and SP Infocity — all classified as Special Economic Zones. SP Infocity, located near Phursungi, hosts several IT and software development companies and contributes substantially to local employment opportunities. Beyond software, Hadapsar is home to large-format employers including Serum Institute of India, Honeywell, and Bharat Forge, as well as the Hadapsar Industrial Estate.

A US-based mortgage technology company recently leased 1.93 lakh sq ft of office space in Magarpatta Cyber City to establish a Global Capability Centre, in a deal valued at ₹217 crore over nine years — a transaction that illustrates continued institutional appetite for office space within easy reach of this corridor.

Road Connectivity and the NH-65 Spine

Hadapsar is connected to the rest of Pune via the Pune–Solapur Highway, the Hadapsar–Kharadi Bypass Road, and the Mundhwa–Kharadi Road. For Hadapsar Annexe residents, the Pune–Solapur Highway is the primary artery, providing direct access northward to Magarpatta, Kharadi, and eventually the Pune–Bengaluru Expressway interchange.

The Pune–Shirur Elevated Corridor — a 62-km, six-lane elevated highway — is one of the more ambitious highway projects in the region, aimed at improving connectivity and reducing travel time along the Solapur axis. Once complete, this would meaningfully cut travel time from Hadapsar Annexe toward Nagar and Shirur.

Metro: Approved but Still Ahead

Metro access is the single most consequential infrastructure variable for this micro-market over the next decade. Pune Metro Phase 2 includes Line 5, a 25.5-km corridor connecting Khadakwasla through Swargate, Hadapsar, and Kharadi via 22 elevated stations. The Maharashtra Government approved 31.64 km of routes comprising Line 5 and a spur line in October 2024.

The approved alignment is directly relevant to Hadapsar Annexe. In November 2025, the state cabinet also approved two further extensions — Hadapsar to Loni Kalbhor and Hadapsar Bus Depot to Saswad Road — under the same Phase 2 programme. The two new corridors span a combined 16 kilometres with 14 elevated stations, to be built by Maha Metro at an estimated cost of ₹5,704 crore. Construction on Phase 2 is expected to begin no sooner than 2026. Buyers should factor in a timeline of several years before operational metro service reaches this belt.

Social Infrastructure

Within a five-to-seven kilometre radius, the area is reasonably served across education, healthcare, and retail.

  • Schools: International schools including Podar and Marathon are one to three kilometres from Shewalwadi. Wisdom World, Pawar Public, VIBGYOR High, The Lexicon, and Amanora School are among the options in the broader Hadapsar zone.
  • Hospitals: Noble Hospital, Sahyadri Super Speciality, and Villoo Poonawalla Memorial are the most referenced facilities in the area. Noble and Sahyadri Super Speciality are within six kilometres of Shewalwadi.
  • Retail: Seasons Mall near Magarpatta features one of the country's largest multiplexes with 15 screens. Amanora Mall and Seasons Mall are the primary shopping anchors serving the locality. Both are approximately seven kilometres from the Annexe belt.

Property Market at a Glance

Apartment prices in Shewalwadi average approximately ₹7,700 per square foot, positioning the micro-market at a meaningful discount to established Hadapsar sub-localities closer to Magarpatta, where average sale prices in Hadapsar proper are recorded at ₹14,450 per square foot. Year-on-year price appreciation for apartments in Shewalwadi averages 7.7%.

Monthly rentals in Shewalwadi range from approximately ₹15,700 to ₹29,000, reflecting demand from IT-sector tenants who prefer proximity to Magarpatta and SP Infocity while paying sub-Hadapsar rents. The locality is characterised as a mid-income zone in East Pune, with 2 BHK configurations accounting for the dominant share of residential supply.

Shapoorji Pallonji's Footprint in This Corridor

Shapoorji Pallonji Real Estate traces its lineage to 1865, when Littlewood Mistry began with construction of infrastructure including pavements and water reservoirs in Mumbai. The group today carries more than 160 years of construction legacy and has made inroads into Mumbai Metropolitan Region, Pune, Bengaluru, Gurugram, Howrah, and Kolkata, across segments from luxury residences to mass housing.

In Pune specifically, the developer has delivered projects including Vanaha in Bavdhan and Joyville Sensorium in Hinjawadi. The Hadapsar Annexe belt has been one of the group's most sustained Pune commitments: handover of completed flats had already begun in 2024 across 14 towers of the Joyville Hadapsar Annexe development. The Joyville platform was co-created with Actis, the International Finance Corporation (an arm of the World Bank), and the Asian Development Bank, oriented toward aspirational mid-market homeownership.

The group's most recent addition to this locality is Shapoorji The Vastion, a low-density luxury offering within the SP Kingstown masterplan. With only 25 residences set within a mature orchard landscape, The Vastion positions itself as a low-density option in Pune's growth corridor. Residences are priced from ₹4.70 crore for villaments and ₹6.61 crore for villas. The Vastion occupies a different product category from the Joyville apartments — a deliberate move to address the upper end of demand within the same geography. It sits within SP Kingstown, a 200-acre integrated township in Hadapsar Annexe.

Development-Stage Realities

Hadapsar Annexe is still a mid-transition suburb. Road conditions, water supply continuity, and street lighting in parts of Shewalwadi lag behind the core Hadapsar and Magarpatta precincts. The area benefits from PMPML bus services on the main Solapur Highway, but last-mile connectivity within internal roads remains uneven. These are conditions common to suburbs that are actively building out infrastructure — the calculus for buyers weighing current convenience against future appreciation potential.

Frequently Asked Questions

How well connected is Hadapsar Annexe to the rest of Pune?+
Hadapsar Annexe sits along NH-65, the Pune–Solapur Highway, which links it directly to central Pune, Koregaon Park, Kalyani Nagar, and Kharadi. Pune Railway Station is roughly 8 km away and Lohegaon International Airport approximately 10 km away. On the public transport side, the Maharashtra government has approved two new Pune Metro lines originating from Hadapsar — one to Loni Kalbhor and one to Saswad Road — forming part of the broader Phase 2 expansion. Together these two corridors will cover nearly 17 km with 14 stations, effectively connecting eastern Pune to western Pune.
What schools, hospitals, and malls are accessible from Hadapsar Annexe?+
Educational institutions in the area include Wisdom World School, Pawar Public School, VIBGYOR High School, The Lexicon School, and Amanora School. On the healthcare side, Noble Hospital, Sahyadri Super Specialty Hospital, and Villoo Poonawalla Memorial Hospital serve residents. For retail and leisure, Seasons Mall and Amanora Mall offer a wide selection of stores, dining options, and entertainment facilities.
What types of residential properties are available in Hadapsar Annexe?+
Hadapsar Annexe offers a blend of properties across affordable, mid-segment, and luxury housing segments, catering to buyers across all categories. The market includes apartments, villas, and plots, with high-rise gated communities being the dominant format. The locality has emerged as a growth corridor buoyed by IT parks, corporate campuses, and supportive infrastructure projects, which has driven a steady increase in larger township-format developments alongside standalone residential towers.
What is the current price range for property in Hadapsar Annexe?+
Property prices in the Hadapsar Annexe zone have appreciated roughly 21.1% over the last five years, with the current market rate around ₹8,900 per sq ft. At the premium end of the broader Hadapsar micro-market, Amanora Gateway Towers is listed at approximately ₹15,050 per sq ft. Pune's overall appeal combines job creation with relatively affordable premium housing compared to Mumbai or Bengaluru, making Hadapsar Annexe competitively positioned for buyers seeking value in a growing eastern corridor.
Which employment hubs are closest to Hadapsar Annexe, and why does that matter for buyers?+
Hadapsar Annexe sits along the Mumbai–Hyderabad National Highway and within a 5 km radius of Magarpatta Special Economic Zone, EON IT Park, and SP Infocity. These IT zones host companies including HCL, Accenture, Mphasis, Capgemini, IBM, and TCS. For buyers, this proximity directly reduces daily commute time and, from an investment standpoint, the concentration of IT parks and commercial complexes creates a constant influx of professionals, ensuring strong demand for both rental and ownership properties.
Who typically buys property in Hadapsar Annexe, and is it suitable for families?+
Many residents in the area work in the IT zones of Magarpatta and Amanora Park Town, or in businesses near Hadapsar MIDC and SP Infocity, making mid- to senior-level IT professionals the dominant buyer profile. The locality is equally suited to families: Hadapsar is highly family-friendly, featuring reputed international schools, top-tier hospitals, and large shopping malls like Amanora Mall and Seasons Mall. The integrated township models in Magarpatta and Amanora have set a high standard for community living, offering a mix of residential, commercial, and recreational spaces within a single, well-planned environment.
What infrastructure projects are expected to increase property values in Hadapsar Annexe over the coming years?+
The Purandar–Saswad–Jejuri–Hadapsar Annexe corridor has been identified as a major development belt, anchored by a new international airport, a 1,500-acre MIDC IT Park, and the Pune Ring Road. The 128 km Ring Road will connect key locations including Kharadi and Hadapsar, opening new real estate opportunities. Future plans also include metro connectivity to the proposed Purandar International Airport, positioning this region as a key growth corridor in Pune's urban development.
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