PUNE, India – – Shriram Properties Ltd. (SPL), a prominent developer in South India’s real estate sector, has unveiled a significant 14-acre mixed-use community in Undri. This venture, being developed in partnership with Kool Homes, is envisioned as “South Pune’s First Downtown.” It is designed to offer expansive homes alongside curated retail and lifestyle spaces, reflecting Shriram’s distinctive strategy of smart urban planning and integrated living.
With a legacy spanning 25 years and backed by a $37 billion conglomerate, Shriram Properties has cemented its reputation as one of South India’s most respected real estate firms. The company’s portfolio primarily focuses on mid-market and premium housing, though it has also made considerable progress in plotted developments. While Bengaluru, Chennai, and Kolkata comprise nearly 85% of its current projects, Pune is swiftly emerging as a critical new market. Shriram Properties has already earned the confidence of over 31,000 homeowners, having completed 48 projects and delivered more than 25 million square feet of saleable area.
The selection of Undri for this flagship development highlights its growing appeal in Pune’s dynamic real estate landscape. This once-quiet suburb is rapidly gaining recognition as Pune’s next major residential hub. Undri presents an attractive proposition for modern living, situated in a rapidly developing and well-connected area, yet without the high price tags typically associated with Pune’s older, more established neighborhoods. It promises a lifestyle of comfort, security, and potential for growth for families.
Market observers suggest that Undri is now at a pivotal stage, reminiscent of areas like Baner, Wakad, and Kharadi during their early growth phases. These areas saw not only significant increases in property values but also substantial lifestyle enhancements for early investors. Undri, backed by trusted developers and timely infrastructure development, is poised to offer a similar trajectory.
Strategically positioned near established areas such as Hadapsar, NIBM Road, and the Central Business District (CBD), Undri provides a peaceful, green environment while remaining well-connected to the city’s vital zones. This makes it particularly appealing to professionals working in Magarpatta City or SP Infocity who desire a more serene lifestyle away from the urban bustle. Furthermore, Undri is considered a comprehensive residential choice for both families and investors, boasting reputable educational institutions like The Bishop’s School, Delhi Public School, and Vibgyor High. Access to healthcare facilities such as Ruby Hall Clinic, alongside various shopping centers, fitness studios, cafés, and parks, contributes to its appeal as a well-rounded destination.
Future infrastructural advancements are set to further bolster Undri’s potential. The upcoming Purandar International Airport is anticipated to be a transformative project for South Pune. This enhanced air connectivity is expected to stimulate tourism, attract new businesses, and significantly increase demand for quality housing in surrounding areas. With promises of shorter travel times and expanded job opportunities, Undri is strategically positioned for steady appreciation in property values. Moreover, the proposed Pune Metro Plans include crucial extensions: a 3 km spur from Ramwadi to Pune Airport and a 20 km corridor from Civil Court to Yewalewadi, with direct links to Kondhwa, NIBM, and Undri. These metro developments are projected to alleviate traffic congestion and improve last-mile access, solidifying Undri’s status as a well-connected and forward-looking destination.
As central and eastern Pune experience increasing density and rising costs, attention has naturally shifted to emerging suburbs like Undri, where affordability, accessibility, and future growth potential converge. With the launch of this mixed-use community, Shriram Properties aims to deliver a balanced living experience that combines modern conveniences with a strong sense of community, truly reimagining Undri as Pune’s next significant growth corridor.
