Lodha — formally Lodha Developers Limited, listed on Indian exchanges as Macrotech Developers until it was renamed in June 2025 — has been building across Mumbai, Thane, Pune, Bengaluru, and London since its founding in 1980. With more than 110 million square feet delivered and 40 ongoing projects as of December 2025, the group operates at a scale that makes its choice of Kharadi meaningful. When a developer of that footprint commits land and capital to a specific micro-market, it tells buyers something about where conviction lies. In Kharadi, Lodha has committed twice: first with Lodha Giardino and now, at a sharper price point, with Lodha Estilo.
Kharadi sits at the centre of Pune's eastern IT corridor. The EON IT Park — a 6.2 million square-foot, 40-tenant SEZ campus — is the gravitational anchor that pulled the entire eastern belt into prominence. Directly opposite the EON Free Zone sits the World Trade Center Pune, India's fourth operational WTC, a 1.6 million square-foot integrated business park. Companies including Barclays, HSBC, and Zensar have addresses here. The result is a permanently employed professional catchment, almost entirely concentrated within a two-kilometre radius of where Lodha builds.
Connectivity reinforces that story. Kharadi sits near the intersection of Nagar Road (NH-48), linking it in minutes to Viman Nagar, Kalyani Nagar, Yerwada, and Lohegaon. Pune International Airport is roughly 8.5 km away — a 15-to-20-minute drive under normal traffic conditions. Metro connectivity is a forward-looking factor: the Union Cabinet approved the Ramwadi–Wagholi metro extension on 24–25 June 2025, a roughly 11-to-12-km alignment with planned stations at Viman Nagar, Kharadi Bypass, and Ubale Nagar among others, extending the existing Aqua Line eastward toward the IT belt.
Rental demand in Kharadi runs consistently strong because most professionals working at EON and WTC prefer housing within the Kharadi–Wagholi–Viman Nagar belt rather than commuting from the western suburbs. That sustained occupancy pressure underpins both yield and capital appreciation. Flat prices in Kharadi have moved approximately 49.7 percent over the past five years and 76.9 percent over ten years, with the average transaction rate for apartments currently around ₹12,453 per square foot. The premium end of the market — the segment Lodha Estilo occupies — tracks higher, with Q1 2026 data showing average prices for the project moving from ₹16,200 to ₹16,850 per square foot, a 4.01 percent quarterly rise.
Lodha Estilo is a deliberately small development: three towers of G+27 floors on 3.13 acres, with just four apartments per floor. The configuration covers 3.5 BHK residences of 1,866 square feet and 4 BHK residences of 2,148 square feet — carpet areas that are uncommon in Kharadi, where the market skews toward 2 and 3 BHK formats. The limited unit count is a product decision; the exclusivity of four-on-a-floor, combined with unobstructed views of the Sahyadri range and the project's internal wooded landscape, positions Estilo at the very top of what the eastern corridor currently offers.
The project is located next to Kapila Resort in Kharadi, placing it within 1 km of both EON IT Park and the World Trade Center. The address on the Upper Kharadi Main Road connects directly to Nagar Road, and from there to Phoenix Mall in Viman Nagar, Amanora Mall in Hadapsar, and Seasons Mall in Magarpatta — three of Pune's largest retail anchors within a short drive.
Interior specifications are set at marble flooring, tall ceilings, and full-height windows — the same material language Lodha uses across its upper-tier Mumbai projects. Interiors are curated by Studio HBA, a firm with a hospitality pedigree, and the landscapes across 3 acres are designed by Sitetectonix of Singapore, the same practice engaged for Lodha's projects in other cities. The 12,000 square-foot clubhouse is serviced under the Saint Amand hospitality brand, meaning concierge and facility management are outsourced to a specialist operator rather than handled in-house — a structural difference from most Kharadi projects. Amenities extend to a rooftop sports arena with tennis, squash, futsal and a multipurpose court, an infinity-edge pool with a separate toddlers' pool, an al fresco sky deck, and an herb garden with a tea pavilion.
Lodha Estilo carries MahaRERA registration numbers P52100052703 and P52100054436, both verifiable on the Maharashtra RERA portal.
Before Estilo, Lodha delivered Lodha Giardino in Kharadi — a larger, 5.5-acre development offering 2 BHK, 3 BHK, garden residences, and penthouses, with an 18,000 square-foot clubhouse, community gardens, a greenhouse, and over 1,000 trees of different species. Giardino was designed as a broader-market product; Estilo is a deliberate step up. That sequencing — establishing a delivery record in a micro-market before introducing a higher-price-point project — is consistent with how Lodha has operated across its Pune portfolio, which also includes Lodha Panache in Hinjewadi and Lodha Bella Vita in NIBM.
Having already delivered or substantially progressed Giardino in the same locality, Lodha brings construction accountability that is local and verifiable — buyers can inspect the existing project rather than relying solely on renders.
Pune's housing sales grew 80 percent by value between 2021 and 2024, from ₹36,000 crore to ₹65,000 crore, driven by the IT and manufacturing sectors. Within that market, Kharadi has consistently been identified as a primary investment hotspot in reports from Cushman & Wakefield, Anarock, and JLL. Rental yields in IT-driven hubs like Kharadi run between 3.5 and 6 percent annually. The Ramwadi–Wagholi metro extension, once operational, is expected to compress commute times between Kharadi and central Pune and bring transit-premium pricing to projects within walking distance of planned stations.
For a buyer evaluating Lodha Estilo specifically, the product sits at the intersection of three verifiable conditions: a developer with a completed project in the same locality, a micro-market with documented price appreciation, and an infrastructure pipeline — EON expansion, WTC occupancy, and the metro extension — that continues to generate professional residential demand without a corresponding increase in ultra-luxury supply. Kharadi has accumulated significant mid-segment inventory over the past decade; genuinely large-format, four-on-a-floor residences by a nationally listed developer remain scarce.
