Global alternative legal service provider DWF Mindcrest leases 2.8 lakh sq ft office space in Pune

“Kharadi has evolved over the years as a great location owing to its excellent social infrastructure, complimented by the presence of well-known schools, hospitals, residential catchments, along with excellent connectivity, and proximity to the airport. The location also boasts of an excellent tenant profile with the presence of large MNCs from BFSI, and IT/ ITeS sectors amongst others,” said Sanjay Bajaj, managing director- Pune, JLL.

“Propelled by the main growth drivers of the likes of GIC, captives and shared services contributing to its growth, it is projected that office supply here will touch 10 million sq. ft. in the next 3-4 years. These are the key reasons why DWF Mindcrest chose Kharadi as a destination, since this new address has what it takes to attract employees within one of the city’s most dynamic employment submarkets,” he said.

The entire transaction took place during the lockdown with an exhaustive evaluation done for 24 parks whilst activities like site inspections, site due diligence, detailed workshops, design finalisation, negotiations, all happened virtually.

“Technology has been playing a significant role in redefining the parameters of developing, buying and selling processes in the real estate sector. It has transformed the way buyers and sales representatives interact with each other,” Bajaj added.

“Kharadi’s unique ecosystem gives us access to world-class infrastructure as well as skilled manpower. We chose Gera Commerzone over other parks because of the exclusivity of the location and the facilities, as well as the well-known neighbours and the neighborhood that we will be proud to be part of,” said Shravan Mehta, VP finance, DWF Mindcrest.