Pune: Avante Spaces Limited, a Kirloskar Group company, has announced the development of Avante Business Park, a landmark 1.7 million sq. ft. Grade A commercial project in Pune’s Central Business District.
The launch of Avante Business Park marks a significant milestone in the company’s expansion within the institutional commercial real estate segment, reinforcing its commitment to shaping Pune’s evolving business landscape.
The Avante Business Park project is envisioned as a large-scale commercial campus, strategically designed to deliver efficient, centrally located office infrastructure for both global and domestic enterprises.
The development is expected to generate an annuity income of approximately ₹200 crore, further underlining its scale and long-term value proposition.
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Planned as a 3B + G + 20 structure, Avante Business Park will comprise three basements, a ground floor, and 20 upper floors. The project will offer expansive and efficient floor plates ranging from 85,000 sq. ft. to 95,000 sq. ft. of leasable area.
Each floor is divisible into quadrants ranging from 13,000 sq. ft. to 30,000 sq. ft., enabling flexibility and scalability for occupiers.
With its design and capacity, Avante Business Park is positioned to cater to Global Capability Centers (GCCs), IT firms, BFSI players, engineering and manufacturing companies, co-working operators, and established corporates seeking long-term occupancy solutions. The project is scheduled for completion by mid-2027.
Strategically located in the heart of Pune, Avante Business Park will offer seamless connectivity through a dedicated tunnel at Karve Road, along with multiple access points via Karve Road, Canal Road, and the newly constructed DP Road.
The project will integrate approximately 100,000 sq. ft. of F&B-led support retail, including a food court, alongside multipurpose training rooms, shared meeting spaces, a gymnasium, crèche, and clinic.
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Additionally, landscaped open areas, urban forests, and an open-air amphitheatre will create a holistic workplace ecosystem designed to enhance productivity and employee well-being within Avante Business Park.
Sustainability forms a core pillar of the Avante Business Park development philosophy. The project is IGBC Platinum and USGBC Platinum pre-certified and is targeting WELL Certification, reflecting a strong commitment to environmental responsibility and occupant health.
Avante Business Park: Key Sustainability Features
Key sustainability features include centralized energy-efficient HVAC systems, passive solar design to minimize heat gain while optimizing natural daylight, and high-quality indoor and outdoor environmental standards.
Extensive landscaped spaces further contribute to microclimate balance, making Avante Business Park a future-ready green commercial destination.
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Deepak Porayath, Chief Executive Officer, Avante Spaces Limited, said, “This project represents a significant milestone in Avante Spaces’ growth journey with strong demand from global enterprises and GCCs for large office environments in established urban centres. We see a clear opportunity to deliver institutional-grade commercial infrastructure rooted in engineering excellence and environmental responsibility.
Building on the foundation laid by One Avante, our first project in Pune, we remain committed to developing spaces that align with the Kirloskar Group’s values and long-term vision, while thoughtfully retaining extensive green cover to ensure a sustainable and balanced environment.”
The Avante Business Park project will adopt a long-term leasing strategy focused on institutional occupiers seeking premium office infrastructure in core urban markets.
It is also expected to generate approximately 15,000 direct and indirect employment opportunities during its construction and operational phases.
With the launch of Avante Business Park, Avante Spaces strengthens its presence in the premium commercial real estate segment while reinforcing its strategy of developing scalable, sustainability-led assets across key urban markets.
