Infosys BPM Secures Major Office Lease at Embassy Tech Zone, Pune

Infosys BPM has made a significant move in Pune’s commercial real estate space by leasing approximately 1.3 lakh sq. ft. at Embassy Tech Zone, Hinjewadi. The lease agreement is valid for 36 months, with a monthly rental commitment of around ₹70.4 lakh, taking the annual lease value to roughly ₹8.45 crore.

This large-scale lease reaffirms Pune’s position as a leading destination for IT, BPM, and GCC (Global Capability Centre) operations. The transaction, facilitated by Vestian Global, is among the most notable office space deals in Pune’s recent commercial history.

Pune: A Magnet for Tech & BPM Giants

The city continues to be a top choice for IT and BPM firms due to its robust infrastructure, skilled workforce, and evolving urban lifestyle. Areas like Hinjewadi, Kharadi, and Baner have emerged as commercial hotspots, attracting global players year after year. Embassy Tech Zone, where Infosys BPM has taken up space, offers modern amenities, sustainable design features, and seamless connectivity, factors that align with the evolving needs of large enterprises.

Industry Signals: A Positive Shift

This lease underscores a broader revival in the commercial office segment, especially in technology-driven cities like Pune, Bengaluru, and Hyderabad. Post-pandemic, companies in the BPM and GCC space are not only returning to physical offices but also scaling operations, prompting a shift toward flexible, tech-integrated workspaces.

According to market watchers, such large leases indicate rising confidence among corporations. "The hybrid work model has led to an evolved approach to workspace planning, and companies are now focused on securing strategically located, scalable office environments," say real estate insiders.

A Green Signal for Developers & Investors

For property developers and institutional investors, deals of this scale reinforce the growing demand for Grade-A office stock in emerging metro markets. As leasing activity picks up pace, especially within tech parks, the commercial segment is regaining its pre-pandemic momentum. REITs and long-term rental assets are also gaining favor among investors looking for consistent returns.

Infosys BPM’s move not only signals business optimism but also puts the spotlight back on Pune as one of India’s most dynamic hubs for IT and business services.

Future Outlook

With global players ramping up operations and hybrid work models becoming the norm, commercial real estate in Pune is poised for a steady upswing. The focus is now on smart, sustainable workspaces that promote collaboration while offering flexibility, traits that developers are increasingly integrating into new-age office ecosystems. As this transformation unfolds, Hinjewadi and similar IT corridors are expected to see a surge in both demand and capital investment.