Commerzone Yerawada

Total Leasable Area

Total Leasable Area

1.7 msf

Committed Occupancy

Committed Occupancy

96.4 %

Total Tenants

Total Tenants

25

Completed Buildings

Completed Buildings

7

As on 30th June, 2024

Energizing Environments for Work-Life Harmony

Thoughtfully crafted to enhance wellness, collaboration, and idea exchange, this integrated business park is an ideal environment for global businesses and their teams to flourish. Promoting a harmonious work-life balance, the park includes amenities such as landscaped gardens, food courts and ATMs. Situated in the eastern part of Pune, 6km from the airport and near the city's railway and upcoming metro stations, Commerzone Yerwada offers convenience and accessibility.

Mindspace REIT through its 100% owned Asset SPV, MBPPL, signed termsheet for acquisition of additional units at Commerzone Yerwada to consolidate its holdings in the area. Covering c.42 ksf, this acquisition will expand the REIT's total leasable area within the business park. Notably, 50% of the space acquired is already leased to an MNC. This strategic investment underscores Mindspace REIT's commitment to strengthen its majority position in some of its parks and consolidate ownership through acquisitions whenever opportunities arise.

It has received awards and recognitions including- Awarded ‘Sword of Honour’ and Five Star Rating from the British Safety Council in FY23, ‘Best Commercial Business Park’ at the Realty Plus Conclave and Excellence Award 2018, ISO 45001 Certification, Received OHSAS 45001 Certification.

Key Accolades and Highlights:

  • Awarded 'Sword of Honour' and Five Star Rating from the British Safety Council in FY23
  • 'Best Commercial Business Park' by Realty Plus Conclave and Excellence Award 2018
  • ISO 45001 Certification
  • Received OHSAS 45001 Certification

Total Leasable Area

 1.7msf

     Completed

Year of Operations

2005

Land Area

Land Area

25.7 acres

Committed Occupancy

96.4%

Market Value

INR 18 Bn

As on 30th June, 2024

Facilities/Amenities

Food Plazas

Food Plazas

Fine Dine Restaurants

Fine Dine Restaurants

Outdoor sports arena

Outdoor sports arena

Recreational Ground

Recreational Ground

Car Parking

Car Parking

Power back-up

Power back-up

ATM’s

ATM's

24 hour surveillance and security

24 hour surveillance and security

Round the clock emergency ambulance service

Round the clock emergency ambulance service

Top Tenants

Schlumberger

Nvidia

UBS

TCS

BNY Mellon

Cencora

DST Worldwide

Workday

Eduspark

KPMG

(On the basis of % of Gross Rentals)

Location Highlights

Well connected by road and public transport

  • Located adjacent to the Central Business District
  • Easy access to dominant commercial and residential areas in Pune
  • Presence of good social, physical infrastructure and robust connectivity
  • Proximity to the International Airport

Address

Commerzone Yerawada, Samrat Ashok Path, Commerzone IT Park,
Yerawada, Pune, Maharashtra 411006.