Kharadi

Summary

Kharadi is a suburb located in the Eastern Metropolitan Corridor of Pune, India, on the banks of the Mula-Mutha 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 Pune.

Kharadi
Suburb
View of EON Free Zone, World Trade Center
Kharadi is located in Maharashtra
Kharadi
Kharadi
Location in Maharashtra, India
Coordinates: 18°33′08″N 73°56′37″E / 18.55222°N 73.94361°E / 18.55222; 73.94361
CountryIndia
StateMaharashtra
DistrictPune
Government
 • BodyPune Municipal Corporation
Languages
 • OfficialMarathi
Time zoneUTC+5:30 (IST)
PIN
411 014
Vehicle registrationMH-12
Lok Sabha ConstituencyPune
Civic agencyPune Municipal Corporation

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. By 2030 kharadi alone is anticipated to have more than 50 it parks while currently number remains 21. [1]

History edit

Kharadi was a village for a larger part of the history of Pune. The initial urban expansion eastwards began from the eastern Pune suburb of Chandan Nagar. The IT boom, beginning in roughly 2005, established major Multinational corporations in the area. Residential projects followed, and development is moving at a rapid pace in the 2020s.[2]

Geography edit

Location edit

Kharadi is located in the north-east of Pune. It is approximately 15 minutes from the Pune Airport by car. To its north is Lohegaon; to the south is the Mula-Mutha River and the neighbourhoods of Magarpatta and Hadapsar; to its east is Chandan Nagar, Wadgaonsheri, and Viman Nagar; and to its west is the neighbourhood of Wagholi. The rain brings in comfort for people. Average temperature between June and first set of September ranges between 25 and 20 degree Celsius and during winters it ranges between 10 degree Celsius and 25 degree Celsius

Climate edit

Kharadi has a hot, semi-arid climate. It is between a tropical wet and dry. The area experiences three seasons: summer, monsoon, and winter.[3] 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.[4]

Economy edit

Kharadi is one of Pune's IT hubs. Companies that have offices in Kharadi include Vodafone, Barclays, TATA, Credit Suisse, UPS, Symantec, Citigroup, Seagate Technology, Mphasis, Veritas Technologies, Zensar, Allianz, Northern Trust, and UBS. Pune's only World Trade Centre is located in the area. The campus has several buildings and is one of India's 25 WTCs.[5] It is a member of the World Trade Centers Association.

 
EON IT Park

Kharadi was the home of US - based MNC Urban Air Mobility (UAM) Blade (company) vertiport offering daily helicopter service to Mumbai.[6] 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 - a posh, affluent, central Pune neighbourhood.[7]

Culture edit

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, Marshmello, Machine Gun Kelly and more.[8] Moreover, the popular festival all over India NH7 Weekender chooses Kharadi as its home when the circus makes its way to Pune.[9]

 
NH7 Weekender

See also edit

References edit

  1. ^ "Extension of the Vanaz-Ramwadi Pune metro line to Kharadi IT park will cost 1,000 crore". Hindustan Times. 19 January 2019. Retrieved 12 July 2022.
  2. ^ "Kharadi rises in the east". Business Line. 23 March 2011. Retrieved 11 July 2022.
  3. ^ "Pune Weather". PMC. Retrieved 15 July 2022.
  4. ^ "Pune Climate". WeatherSpark. Retrieved 15 July 2022.
  5. ^ "Now You Can Take A Helicopter Ride To Mumbai From Pune's IT Hub In Kharadi". EON. Retrieved 12 July 2022.
  6. ^ "Now You Can Take A Helicopter Ride To Mumbai From Pune's IT Hub In Kharadi". What's Hot. Retrieved 15 July 2022.
  7. ^ "BLADE India relocates". Punekar News. 14 February 2022. Retrieved 15 July 2022.
  8. ^ "VH1 Supersoniic 2020". VH1. Retrieved 15 July 2022.
  9. ^ "Bacardi NH7 Weekender, Kharadi". NH7 Weekender. Retrieved 15 July 2022.