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Commercial Office Space in Pune: Future‑Ready Offices at Wagholi High Street

Finding the right commercial office space in Pune today is not just about carpet area and rent; it is about picking a corridor, understanding costs like GST and stamp duty, and choosing the right kind of building for your business. This guide walks you through Pune’s office market, cost structure, popular micro‑markets, and how a Grade A developer project such as Wagholi High Street by GS Developers fits into that picture.

Pune’s Commercial Office Market at a Glance

Pune has grown into a strong office hub driven by IT/ITES, global capability centres, manufacturing, and a fast‑rising startup ecosystem spread across east and west corridors. Areas like Baner–Balewadi, Hinjewadi, Kharadi, Viman Nagar, Hadapsar–Magarpatta, and the PCMC belt now host a mix of tech companies, back‑offices, consulting firms, and service brands.

Most companies today look for Grade A or good quality Grade B buildings with reliable power backup, parking, security, and good road or metro connectivity. This is why organised, developer‑owned commercial projects in well‑connected corridors are seeing steady leasing and investor interest.

Commercial Office Spaces in Pune by GS Developers

Project scale and structure

  • Total land area: ~5.5 acres with 5 commercial towers (G+3).​

  • Building C (current launch): ~0.73 acres with 122 commercial units.​

  • Ceiling height: up to ~14 ft for selected ground‑floor showrooms, supporting powerful storefronts and signage.​

  • Timeline: Phase 1 fully sold out; Building C launched on 14 February 2025 with RERA possession date of 31 December 2027.

Unit configurations, sizes and indicative pricing

Unit TypeCarpet Area (approx.)Ticket Size Band (indicative)Typical Use‑Cases
Boutique Offices121 – 136 sq.ft.From ~₹40 lakh + taxes.CAs, consultants, clinics, small firms, start‑ups.
Retail Shops130 – 250 sq.ft.From ~₹65–80 lakh + taxes.Fashion, electronics, salons, QSRs, service stores.
Large Showrooms500+ sq.ft. (flexible).From ~₹1.5 crore+.Anchor brands, automotive, jewellery, multi‑brand.

Standard shop frontage is in the ~10–12 ft band, a practical width for display planning and brand signage on a high‑traffic arterial road. In contrast to scattered standalone units, this single organised high‑street cluster gives investors and occupiers more control over brand environment, footfall quality and facility management.

Unit configurations, sizes and indicative pricing

  • Rooftop cafés, restaurants, game zones and a yoga lounge to extend dwell time and encourage repeat visits.​​

  • Business lounge and co‑working spaces for meetings, plug‑and‑play work and networking.​

  • 100% power backup, 24×7 security, CCTV, fire‑fighting systems and high‑speed lifts for seamless daily operations.​

  • Ample visitor and owner parking to support both quick errands and destination shopping.​

  • A confirmed upcoming McDonald’s anchor that acts as a strong footfall magnet and visibility driver for neighbouring shops.

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Types of Commercial Office Spaces in Pune

East Pune has clearly moved beyond “only residential” and now functions as a mixed belt of IT campuses, schools, hospitals, and new‑age commercial streets. Wagholi, in particular, sits on the Pune–Ahmednagar (Nagar) Road spine and benefits from multiple large‑scale infrastructure investments that are already shaping future office demand.

Key connectivity highlights around Wagholi High Street:​

  • Around 3 km from Pune–Nagar Road, on Kesnand Road, with direct access to a planned 120 ft link road connecting Ahmednagar and Solapur sides.​

  • Proximity to IT hubs: roughly 4.5 km to EON IT Park and about 6 km to World Trade Center, making it suitable for consulting, back‑office, and support functions serving these campuses.​

  • Close to core social infrastructure: schools like Vibgyor Rise and Podar International, and hospitals like Imax and Care Hospital within a short drive.​

If you want deeper detail on how Ring Road and Nagar Road upgrades are pushing Wagholi’s growth, you can explore “Pune Ring Road and Wagholi’s Rise” and “Why Wagholi’s Rental Yield Outpaces West Pune“.​

What Drives Office Rent, Deposit, and Total Cost

Many users today actively compare rent per sq ft, deposit multiples, and loan interest rates before locking a commercial office. Understanding these drivers helps you set a realistic budget.​

Rent and deposit patterns

  • Rent per sq ft in Pune varies by corridor, building grade, floor level, and furnishing; IT hubs and airport‑side locations usually command higher bands than fringe areas.​

  • Security deposits for commercial offices commonly range around a few months of rent, with Grade A developer buildings often having structured, transparent policies.

Commercial Property Loan Interest Rates for Offices in Pune

Users exploring office purchase actively compare commercial property loan interest rates before committing. As of February 2026, major banks and NBFCs offer commercial loans in bands that typically start in the high-single digits and extend into low double digits per annum, based on lender, borrower profile, business vintage, and loan tenure.​

Borrowers with a CIBIL score above 750–800, stable income, and 3+ years of profitable business continuity are more likely to secure better rates and smoother approvals. Maximum loan tenure for commercial property is usually capped at 15 years, with some NBFCs offering up to 20 years, resulting in higher monthly EMIs compared to longer-tenure residential loans.

Key differences from home loans

  • Lower loan-to-value (LTV) ratios for commercial assets, typically around 55–70% of property value, requiring higher down payments.​

  • Shorter tenures, leading to higher EMIs but lower overall interest outgo.

  • Prepayment rules that can be lenient for individual floating-rate loans but may carry penalties for fixed-rate or company/firm loans.

GST on Commercial Property Rent and Under-Construction Offices

Users searching for clarity on GST now form a significant part of office-related queries.​

  • GST on rent or lease of commercial property is 18% on the taxable rental amount.

  • GST on purchase of under-construction commercial property is 12% of the agreement value, typically payable along with scheduled construction-linked instalments.

For long-term leases, the 18% GST on rent significantly affects your effective monthly occupancy cost and should be built into cash-flow projections. For buyers, the 12% GST on under-construction purchases adds meaningfully to total acquisition cost, especially when comparing under-construction vs ready properties.

Stamp Duty and Registration Charges for Commercial Property in Pune

Unit configurations, sizes and indicative pricing

Stamp duty and registration are among the most searched cost components for commercial buyers in Pune.​

In Pune, stamp duty for commercial property transactions is currently around:

  • 6% for male buyers

  • 5% for female buyers

  • 5.5% for joint registrations (male + female)

Plus a 1% registration fee on the agreement value, capped at ₹30,000 for high-value properties.​

When you add GST (for under-construction), stamp duty, registration, legal fees, and loan processing charges, your total upfront investment can rise well beyond the base property price. Planning for these statutory costs in advance helps avoid cash-flow surprises at the time of agreement and registration.

Commercial Property Insurance and Risk Protection

Commercial property insurance is seeing rising interest from office and shop owners in Pune. Insurance policies for commercial assets typically cover:​

  • Building structure and common areas

  • Interior fit-outs, furniture, and fixtures

  • Equipment and IT infrastructure

  • In some cases, loss of income due to covered events, depending on policy terms​

For financed properties, many lenders prefer or mandate adequate insurance cover to protect the collateral. For end-users and investors, proper insurance becomes part of an overall risk-management plan alongside physical security systems and fire safety compliance.

TDS on Rent for Commercial Office Space in Pune

Businesses leasing commercial office space also need to be aware of TDS on rent once the rent crosses prescribed thresholds.​

When applicable, the tenant must deduct TDS at the prescribed rate before paying the landlord and deposit it with the tax authorities along with the required filings. Clear mention of TDS responsibilities in the lease agreement helps avoid disputes and penalties later. It is advisable for both landlord and tenant to consult a CA or tax advisor to understand exact slabs, due dates, and documentation requirements.

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