Kharadi is a suburb located in the Eastern Metropolitan Corridor of

Pune Pune (; ; also known as Poona, ( the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million As of 2021, Pune Metropolitan Region is the largest i ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...

, on the banks of the

Mula-Mutha The Mula-Mutha is a river in India, formed by the confluence of the Mula and Mutha rivers in the city of Pune, which later meets the Bhima River, which itself later meets the Krishna River and finally emptying to the Bay of Bengal. The river ...

river that serves as a hub for information technology and business parks. Initially, it was referred to as a village however, during recent times with reference to the introduction of the information technology businesses in Kharadi, the suburb has evolved into a major metropolitan corridor for techies in

. Although an IT powerhouse, the banking industry is also making its way into the neighbourhood. It is rapidly developing in terms of residential and office projects. The exponential development of Kharadi in the 2010s has caused demands for a metro station in the area. The possibility of a line connection has been touted by offices and companies, some even willing to contribute funds to the project - similar to IT companies in Bangalore.

History

Kharadi was a village for a larger part of the history of

. The initial urban expansion eastwards began from the eastern Pune suburb of Chandan Nagar. The IT boom, beginning in roughly 2005, established major

Multinational corporation A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ...

s in the area. Residential projects followed, and development is moving at a rapid pace in the 2020s.

Geography

Location

Kharadi is located in the north-east of Pune. It is approximately 15 minutes from the

Pune Airport Pune Airport is a customs airport located approximately northeast of the historic centre of Pune in the state of Maharashtra, India. The airport is a civil enclave operated by the Airports Authority of India at the western side of Lohagaon ...

by car. To its north is Lohegaon; to the south is the

Mula-Mutha River The Mula-Mutha is a river in India, formed by the confluence of the Mula and Mutha rivers in the city of Pune, which later meets the Bhima River, which itself later meets the Krishna River and finally emptying to the Bay of Bengal. The river ...

and the neighbourhoods of

Magarpatta Magarpatta ( mr, मगरपट्टा ''Land of Magar family'') is a 450 acre, privately owned gated community in the Hadapsar area of Pune, India. It has a commercial area, residential area, hospital with several specialisations, shopp ...

and

Hadapsar Hadapsar is a developed town in eastern Pune City, Maharashtra. After 1990, Hadapsar developed into a major industrial area and is now one of the most densely populated and developed areas of Pune District. It is well connected to all parts of ...

; to its east is Chandan Nagar, Wadgaonsheri, and

Viman Nagar Viman Nagar is a residential and retail neighborhood in the Eastern Metropolitan Corridor of Pune and is one of the regions in the city. Viman Nagar is in close proximity to the Pune International Airport. During the Pre-independence era, the ne ...

; and to its west is the neighbourhood of Wagholi.

Climate

Kharadi has a hot, semi-arid climate. It is between a tropical wet and dry. The area experiences three seasons: summer, monsoon, and winter. The summers are hot, dry, and clear lasting for 2.5 months. The monsoons are windy, cold, and overcast. The winters last for roughly 2 months, the coldest month of the year being January.

Economy

Kharadi is one of

's IT hubs. Companies that have offices in Kharadi include

Vodafone Vodafone Group plc () is a British multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates services in Asia, Africa, Europe, and Oceania. , Vod ...

Barclays Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...

, TATA,

Credit Suisse Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " ...

, UPS,

Symantec Symantec may refer to: *An American consumer software company now known as Gen Digital Inc. *A brand of enterprise security software purchased by Broadcom Inc. Broadcom Inc. is an American designer, developer, manufacturer and global supplier ...

Citigroup Citigroup Inc. or Citi ( stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomera ...

Seagate Technology Seagate Technology Holdings plc is an American data storage company. It was incorporated in 1978 as Shugart Technology and commenced business in 1979. Since 2010, the company has been incorporated in Dublin, Ireland, with operational headquarte ...

, Mphasis,

Veritas Technologies Veritas Technologies LLC. is an American international data management company headquartered in Santa Clara, California. The company has its origins in Tolerant Systems, founded in 1983 and later renamed Veritas Software. It specializes in sto ...

, Zensar,

Allianz Allianz ( , ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. The company is one of the world's largest insurers and financial services groups. Th ...

Northern Trust Northern Trust Corporation is a financial services company headquartered in Chicago that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the Un ...

, and

UBS UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres as the largest Swi ...

. Pune's only World Trade Centre is located in the area. The campus has several buildings and is one of

's 25 WTCs. It is a member of the

World Trade Centers Association The World Trade Centers Association (WTCA) was founded in 1970 by Port Authority executive Guy F. Tozzoli. WTCA is a not-for-profit, non-political association dedicated to the establishment and operation of World Trade Centers (WTCs) as instrument ...

Kharadi was the home of US - based MNC Urban Air Mobility (UAM)

Blade (company) BLADE Air Mobility, Inc. (stylized "BLADE") is a publicly traded company in New York City and incorporated in Delaware. It offers an urban air mobility platform. It allows users of its app to book seats on scheduled flights throughout the North ...

vertiport A heliport is a small airport suitable for use by helicopters and some other vertical lift aircraft. Designated heliports typically contain one or more touchdown and liftoff areas and may also have limited facilities such as fuel or hangars. ...

offering daily helicopter service to

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ...

. The travel time from Kharadi to Mumbai was cut down to 35 minutes due to the service. The vertiport was soon relocated to

Koregaon Park Koregaon Park (earlier Koregaon Road Estate) is an area located in Pune, in the state of Maharashtra in India. It is primarily a posh residential area with lush greenery, but of late has been growing into a commercial hub as well. Koregaon Park ...

- a posh, affluent, central

neighbourhood.

Culture

Kharadi has been the venue for multiple music festivals in the past. The VH1 Supersonic music festival took place in Kharadi, featuring artists such as

Diplo Thomas Wesley Pentz (born November 10, 1978), known professionally as Diplo, is an American DJ and music producer. He is the co-creator and lead member of the electronic dancehall music project Major Lazer, a member of the supergroup LSD wit ...

Marshmello Christopher Comstock (born May 19, 1992), known professionally as Marshmello, is an American electronic music producer and DJ. His songs "Silence", "Wolves", "Friends", " Happier", and " Alone" have been certified multi-platinum in several ...

Machine Gun Kelly George Kelly Barnes (July 18, 1895 – July 18, 1954), better known by his pseudonym "Machine Gun Kelly", was an American gangster from Memphis, Tennessee, active during the Prohibition era. His nickname came from his favorite weapon, a Thom ...

and more. Moreover, the popular festival all over India

NH7 Weekender NH7 Weekender is an annual, multi-city and multi-genre, music and comedy festival held in India. It is created by Only Much Louder (OML) and is among the largest South Asian arts festivals. It began in Pune, Maharashtra, India, as a three-day, mu ...

chooses Kharadi as its home when the circus makes its way to

References

{{Geographic location , Centre = Kharadi , North = Lohegaon, Towards Vimannagar, Airport, Alandi/Nasik Road , West = Wadgaon Sheri, Towards Yerwada, Pune City, Mumbai Road , South = Mundhwa, Towards Magarpatta, Hadapsar, Solapur Road , East =

Wagholi Wagholi is a town in Pune district of Maharashtra, India. It is situated on the outskirts of Pune city so many people working or studying in Pune live here due to lower rents and cost-of-living. It plays an important role in the economic, soci ...

, Towards Ahmednagar, Aurangabad Road Neighbourhoods in Pune High-technology business districts in India Economy of Pune Software technology parks in Pune