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:
Total Leasable Area
1.7msf
Completed
Year of Operations
2005
Land Area
25.7 acres
Committed Occupancy
96.4%
Market Value
INR 18 Bn
As on 30th June, 2024
Food Plazas
Fine Dine Restaurants
Outdoor sports arena
Recreational Ground
Car Parking
Power back-up
ATM's
24 hour surveillance and security
Round the clock emergency ambulance service
Schlumberger
Nvidia
UBS
TCS
BNY Mellon
Cencora
DST Worldwide
Workday
Eduspark
KPMG
(On the basis of % of Gross Rentals)
Well connected by road and public transport
Address
Commerzone Yerawada, Samrat Ashok Path, Commerzone IT Park,
Yerawada, Pune, Maharashtra 411006.