Upcoming Commercial Project: Ascendas IT/ITES SEZ, Pune

Rutuja Kedare Mar 30, 2023 0

Ascendas Singbridge Group, Asia’s leading sustainable urban and business space solutions provider is developing a private commercial IT/ITES SEZ in Pune, Maharashtra. 

Ascendas IT/ITES SEZ, Pune

Ascendas Singbridge Group, a subsidiary of CapitaLand Limited, is developing a state-of-the-art IT Park project in Kharadi, Pune. The project spans over 3,753,150 SqFt across 17 acres and will be built in two phases to cater to the tailored needs of IT and BSFI enterprises. 

The project is designed to prioritize employee well-being and DSP Design Associates Private Limited has been appointed as the Design Architects. L & W Construction Private Limited is serving as the General/Turnkey Contractor

Project Details

Name of the ProjectAscendas IT/ITES SEZ, Pune
Latest StatusUnder Construction
Cumulative Work Completed – 50%
4th-floor RCC work is in progress.
Latitude, longitude18.560595, 73.957294
LocationPune, Maharashtra
DescriptionBlock 1 : 5 Basements + Ground Floor + 15 Upper Floors
Block 2 : 5 Basements + Ground Floor + 14 Upper Floors
1 Amenity Building : 2 Basements + Ground Floor + 3 Upper floors
Construction Cost (INR)INR 1688 Crore
Construction Area (in SqFt)3,753,150 SqFt
Building use Commercial
SectorPrivate sector
CategoryIT Park
Construction start2020
Project completion (Estimated timeline)2024


CapitaLand Limited

CapitaLand is a Singaporean headquartered company focusing on the investment, development, and management of the real estate. It is one of Asia’s largest real estate companies and the owner and manager of a global portfolio comprising integrated developments, shopping malls, lodging, offices, homes, business parks, industrial and logistics assets, as well as real estate investment trusts (REITs) and funds.

Ascendas-Singbridge Group

Provider of sustainable urban development and business space solutions with assets under management in Asia. The group undertakes projects spanning townships, mixed-use developments, business/industrial parks, offices, hotels, and warehouses, offering clients real estate management expertise.

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Disclaimer: The information in this article is gathered using data from Biltrax Construction Data’s proprietary platform. This article uses feature images that may not be representative of the project; they are merely for illustration purposes.


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