The Vibe is a new commercial center in Koregaon Park being developed by one of the reputed developers of Pune – Gagan Properties. Koregaon is a popular suburb of Pune and is considered the cultural heart of Pune. There continues to be a growing need for commercial properties and offices in Koregaon thanks to its proximity to the neighbouring employment hubs of Hadapsar Industrial Estate, the IT and ITeS hub of Magarpatta which houses offices of MPhasis, BNY Mellon, HCL, TCS and IBM among others, and the Mundhwa Industrial Area. The Vibe is a response to this growing demand for premium office and retail space.

The Vibe has been designed to suit the modern day expectations of an office space with a lower ground+ground+7 floor structure. The lower ground, ground and first floor levels are dedicated for retail stores, shops and cafes, while from 2nd to 7th floor is exclusively for offices. The minimum space is 500 sq. ft. of carpet area starting at Rs. 1.95 crore. The Vibe’s aesthetic architecture, excellent location in the heart of Koregaon, connectivity to main roads, Pune railway and airport, and proximity to numerous social hotspots make it an envious location to own an office and invite respected clients to.

Artistic impression of The Vibe

The Vibe – A Coveted New Commercial Center in Koregaon Park

Last updated on May 22, 2019 by Chrisanta Dias

Pune’s rise as a commercial hub in the last decade has been unsurprising given the number of IT and ITeS companies flocking to this city to set up large offices. It is considered the Silicon Valley of Maharashtra and for good reason. While the center of this IT hub is Hinjawadi, which houses many tech parks and SEZs, there are a number of other Pune suburbs which have also seen the development of commercial properties to cater to the growing need for premium office in Pune. Koregaon Park in East Pune is one such suburb which is witnessing a growth in commercial real estate activity. Koregaon is considered the cultural heart of Pune and is well known for its many multi-cuisine restaurants, lounges and pubs as well as 3 and 4 star hotels, and malls. Gagan Properties, a well recognised realty brand name in Pune is developing a premium commercial …

The Vibe – A Coveted New Commercial Center in Koregaon Park

Pune’s rise as a commercial hub in the last decade has been unsurprising given the number of IT and ITeS companies flocking to this city to set up large offices. It is considered the Silicon Valley of Maharashtra and for good reason. While the center of this IT hub is Hinjawadi, which houses many tech parks and SEZs, there are a number of other Pune suburbs which have also seen the development of commercial properties to cater to the growing need for premium office in Pune. Koregaon Park in East Pune is one such suburb which is witnessing a growth in commercial real estate activity. Koregaon is considered the cultural heart of Pune and is well known for its many multi-cuisine restaurants, lounges and pubs as well as 3 and 4 star hotels, and malls.

Artistic impression of The Vibe
Artistic impression of The Vibe

Gagan Properties, a well recognised realty brand name in Pune is developing a premium commercial project in Koregaon Park called The Vibe. It is an aesthetically structure with LG+G+7 floors where in the 2nd to 7th floor are exclusively for offices and the floors below are dedicated for retail purposes. The RERA registration number for The Vibe is P52100019109. Here are some of its stand-out features:

Favourable Location

The Vibe by Gagan Properties is located at the junction of Lane Number 5 and South Main Road in Koregaon. South Main Road is an important road which connects to the arterial Koregaon Park Road which in turn provides connectivity to the rest of this suburb and other parts of the city. The upcoming commercial building is located on a busy junction which provides quick access to important roads. Koregaon also enjoys easy proximity to other modes of transport. The Pune station is 3.5 km away while the Pune airport in Lohegaon is 5.8 km away. The main Pune bus depot is 3.5 km and provides regular bus services to the rest of Pune as well as to the neighbouring cities of Mumbai and Bangalore. These are advantageous benefits for a commercial office building which is easily accessible for clients and staff through various modes.

Additionally, the neighbouring employment hubs of Hadapsar Industrial Estate, the IT and ITeS hub of Magarpatta which houses offices of MPhasis, BNY Mellon, HCL, TCS and IBM among others, and the Mundhwa Industrial Area are all within 5-10 km of Koregaon Park. This is advantageous to occupants of The Vibe who’s current and prospective clients and customers are in these hubs.

Artistic impression of The Vibe

Access to High Quality Amenities

As mentioned previously, Koregaon is a popular neighbourhood. It is a favourable destination for youth and nightlife aficionados. Many popular eateries and pubs such as Bar Stock Exchange, Hard Rock Cafe, Effingut, Starbucks, Cafe Coffee Day and many more are located within a 2 km radius of The Vibe. Such a variety of outlets ensure a good cultural and social vibe for office staff to relax as well to entertain clients after office hours. Top quality hotels such as Conrad Pune, Le Royce, The Westin Pune, and Marriott Suites Pune among others are easily accessible from The Vibe, ensuring that out-of-town clients can stay close to the office. Other essential civic amenities such as Ruby Hall Clinic and Jehangir Hospital as well as PVR are located in close proximity.

Artistic impression of central atrium of The Vibe
Artistic impression of central atrium of The Vibe

Aesthetics of The Vibe

Gagan Properties have designed The Vibe to suit the modern day expectations of an office space. It is a lower ground+ground+7 floor structure. The lower ground, ground and first floor levels are dedicated for retail stores, shops and cafes, while from 2nd to 7th floor is exclusively for offices. The following is the area and cost of the minimum and maximum inventory:

Carpet Area (Sq. ft.)

Built up Area (Sq. ft.)

Package Cost (Rs.)

500

750

1.95 Cr.

4134

6201

15.37 Cr.

The contemporary design of the building ensures a three-sided structure which surrounds a central open-air atrium and provides maximum natural air and light. The atrium, which exists at lower ground and has direct access from the road, affords direct access to the retail outlets on this level. It also has landscaped greenery and walkways. Similarly, the ground level is directly accessible via the escalators from the lower ground level and from staircases on two sides from the road. The Vibe is designed to ensure a lot of open spaces with ornamental and landscaped greenery contributing to a vertical garden and oxygenated spaces for staff, visitors and clients to enjoy and relax in.

Artistic impression of retail space of The Vibe
Artistic impression of retail space of The Vibe

Specifications of The Vibe

The Vibe’s contemporary design is complemented by an earthquake-resistant structure. The glass and aluminium framed building boasts a marble floored lobby. There are high speed automatic elevators and escalators at the shopping level. CCTV cameras have been deployed across the building and at required locations to ensure security. 100% DG backup has been provided for shops. Prospective buyers can choose to design the bare shells as they wish.

To Conclude…

Gagan Properties are well known for their residential properties in Pune such as Gagan Nulife, Gagan Utopia, Gagan Unnati and Micasaa among others, as well as commercial developments such as Gagan Commerce Centre on Bund Garden Road. The company has been in the real estate development sector for around 21 years and is respected for their quality construction, and affordability. The Vibe’s aesthetic architecture, excellent location in the heart of Koregaon, connectivity and proximity to numerous social hotspots make it an envious location to own an office and invite respected clients to.




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The details displayed on the website are for informational purposes only. Information regarding real estate projects including property/project details, floor area, location data has been sourced from multiple sources on best effort. Nothing contained herein shall be deemed to constitute legal advice, solicitations, marketing, offer for sale, invitation to acquire by the developer/builder or any other entity. You are hereby advised to visit the relevant RERA website before taking any decision based on the contents displayed on the website.

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