The Pune 2026 market overview focuses on the city’s commercial office sector, metro connectivity, micro-markets, leasing trends, and key transactions. Pune’s office stock is shown at around 86.7 million sq. ft., with 15.6% vacancy and approximately 3 million sq. ft. of gross absorption in Q1 2026.
The report highlights IT-BPM as the largest occupier segment at 32%, followed by Engineering & Manufacturing at 19% and BFSI at 16%. Conventional office space accounted for the majority of leasing activity, while flexible workspaces contributed a smaller but notable share. Large transactions above 1 lakh sq. ft. formed a significant portion of overall deal activity.
The presentation also maps Pune’s major office micro-markets across CBD, SBD East, SBD West, PBD East and PBD West, covering locations such as Kharadi, Hadapsar, Baner, Balewadi, Hinjewadi, Wakad and Pimpri-Chinchwad. It further includes major leasing transactions involving Accenture, Deutsche Bank, Smartworks and others, along with Pune Metro’s operational and extension corridors that are improving connectivity across key business districts.
Pune Commercial Real Estate Market Insights – Q1 2026
An in-depth analysis of the City's key market indicators, competitive landscape, and emerging opportunities to support strategic planning.
