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PanchshilTech Park One is located in Yerawada, Pune, and represents the epitome of modern commercial real estate. Spanning 930,000 square feet, the development features 5 towers catering to multinational and Fortune 500 companies. This park is designed with high-tech support services and exclusive amenities, making it a leading choice for high-profile businesses.
Completed in December 2006, Panchshil Tech Park One is 17 years old.
Yerawada is a well-known locality in Pune, Maharashtra, situated to the northeast of the city centre, along the banks of the Mula-Mutha River. It is one of Pune's most prominent neighbourhoods. It has a rich historical significance, primarily due to its colonial past and the Yerawada Central Jail, where many prominent freedom fighters, including Mahatma Gandhi, were imprisoned.
Today, Yerawada is a vibrant residential and commercial hub with a mix of old and new developments. It offers a variety of housing options from traditional bungalows to modern apartments and gated communities, catering to a diverse range of budgets and preferences.
1. Current Connectivity and Transportation Links
Strategic Location: Yerawada boasts excellent connectivity to various parts of Pune. It is close to the Pune Railway Station, the airport, and major highways connecting Mumbai and Bangalore.
IT Hub Proximity: The area is well-connected to prominent IT parks like Kharadi and Magarpatta, making it ideal for working professionals in the IT sector.
2. Upcoming Infrastructure Projects and Future Connectivity
Metro Connectivity: The Pune Metro expansion plans include a station in Yerawada, which is expected to be operational by 2024. This will significantly improve connectivity within the city.
Improved Road Networks: Ongoing infrastructure projects aim to decongest Nagar Road, a major artery connecting Yerwada to other areas. This will reduce travel time and improve overall traffic flow.
Evolving Commercial Landscape: Establishing new commercial centres and office spaces is expected to boost the area's growth potential further.
3. Average Price Per Sq. ft.
The average price per square foot for an apartment in Yerawada, Pune, is around Rs. 9,700.
This figure represents a general estimate for the area and can vary based on specific properties and their amenities.
Seamless Convenience: The Citibank ATM located conveniently within the park means you can handle your withdrawals, deposits, and quick banking errands without any hassle. It's banking made easy; just take steps from your desk.
Zen Your Workspace: As you leave your office, you enter into a serene garden dotted with artistic installations. This landscaped oasis is crafted to give you a perfect slice of tranquillity, ideal for those moments when you need to rejuvenate your mind or simply enjoy a peaceful break.
Culinary Delight Zone: Dive into a world of diverse culinary delights in the food court or grab a quick bite from various food containers, all offering hygienic and wallet-friendly meals.
Innovation Station: Experience the pinnacle of productivity with world-class facilities and impeccable technology at Panchshil Tech Park One. Designed to create an excellent work environment, the park ensures you have all the cutting-edge tools and infrastructure needed to innovate and excel in your projects.
Panchshil Tech Park One is located in Shastri Nagar, Yerawada, Pune, Maharashtra 411006.
Seamless Commutes:
You're just 0.63 KM from the lush Poona Club Golf Course and a mere 0.98 KM from the historic Aga Khan Palace Park.
With Nagar Road only 0.6 KM away and Airport Road at 1.38 KM, your commute and travel plans are always smooth and stress-free.
Schools Just Around the Corner:
Don Bosco High School is practically next door at 0.15 KM, and Acharya Atre Prathmik Vidyalaya is just a short 0.63 KM away.
Goenka International School and Billabong High School are also nearby at 0.66 KM.
Healthcare at Your Doorstep:
Damodar Raoji Patil Hospital is just 0.45 KM away, and Mayfair Hospital is a short 0.48 KM from the park.
Talesara Hospital is nearby at 0.56 KM, and Shree Hospital is only 0.65 KM away, ensuring you can access excellent medical care whenever needed.
Entertainment and Leisure:
Pulse Mall in Kalyani Nagar is just 1.16 KM away, and Jewel Square Mall in Koregaon Park is 1.82 KM from the park.
Ashoka Mall in Sangamvadi is 2.16 KM away, and Town Square Shopping Center in Viman Nagar is just 2.23 KM from your workplace.
Corporate Hubs Close By:
Solitaire Business Hub in Shastri Nagar is just 0.20 KM away, and another branch in Kalyani Nagar is 0.66 KM away.
The Hub Business Center in Koregaon Park is 1.78 KM from the park, while Weikfield IT Citi Info Park in Viman Nagar is 2.00 KM away.
Cerebrum IT Park in Kalyani Nagar is just 2.14 KM from your office.
Yerawada is a mixed residential and commercial locality situated in eastern Pune, bordering Kalyani Nagar, Viman Nagar, and Koregaon Park. The pin code of Yerawada is 411006. This historic neighbourhood houses a mix of working professionals and long-term residents near the iconic Yerwada Central Jail. Families here frequently access VIBGYOR High School Yerwada and Sahyadri Super Speciality Hospital Nagar Road for daily needs. Yerawada Metro Station on the Aqua Line is located directly within the locality. Key roads like Nagar Road link the area, keeping Pune Railway Station just 4 km and 15 minutes away. Average property rates range from Rs. 7,500 to Rs. 11,500 per sq ft, driven by nearby IT hubs.
| Locality | Property Price per sq ft* |
|---|---|
| Yerawada pune | Rs. 7,500 to Rs. 11,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 11,000 to Rs. 14,000 |
| 2 BHK for rent | Rs. 16,000 to Rs. 22,000 |
| 3 BHK for rent | Rs. 24,000 to Rs. 32,000 |
Yerawada has experienced a significant real estate surge due to its central location and metro access. Buyer rates range from Rs. 7,500 to Rs. 11,500 per sq ft, showing 31.6% appreciation over the past year. Rents range from Rs. 11,000 to Rs. 32,000, reflecting a steady 10.6% annual growth. This upward trend is driven by professionals working in nearby IT parks who seek shorter travel times. The completion of local transit projects continues to support these rising values. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Yerwada Central Jail is a prominent landmark in Yerawada. Some more include:
Yerawada is well-connected through Nagar Road and the following roads:
Yerawada Metro Station on the Aqua Line is the closest public transit option, located 0 km away. Some more include:
The nearest railway station and airport are Pune Junction Railway Station, which is located 4 km away, and others:
Yerawada is well-equipped with numerous top educational institutions, such as VIBGYOR High School Yerwada and Don Bosco High School, along with:
Some reputed healthcare places near Yerawada include Sahyadri Super Speciality Hospital Nagar Road, and others:
You can access Creaticity and Phoenix Marketcity easily from Yerawada pune. Some more include:
These localities are located around Yerawada:
Here are some of the major employment centres near Yerawada:
The popular landmarks within Yerawada are:


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