Lodha's Pune commercial development on 20,468 sqm in Wakad — Hinjewadi's gateway suburb. JDA signed March 2025. 5 minutes from Hinjewadi Phase 1 (1 lakh+ IT employees). Wakad Metro station planned 2027. India's largest listed developer in Pune's most active IT corridor.
Lodha Wakad is a commercial development on a 20,468 sq m plot in Wakad, Pune — JDA signed March 2025 with Goelpushp Developers LLP for ₹165.3 crore. Wakad is Hinjewadi's immediate gateway — connecting Pune's largest IT hub to Baner, Balewadi, and Aundh premium residential zones.
Wakad Metro station (Purple Line, 2027) will be the suburb's connectivity catalyst. Pre-launch EOI gives NRI investors first access to launch pricing before MRERA registration.
Lodha Wakad — Pune Commercial — Payment Structure
EOI allows NRI investors to register at earliest pricing before RERA launch. Lodha brand premium will build in Pune over 2026-2030.
Lodha does not build value-segment commercial on ₹165 Cr land acquisitions. The acquisition cost mandates a Grade A product that justifies the land pricing.
Wakad serves Pune's most affluent western catchment — Baner, Balewadi, Aundh — driving above-average commercial rents and retail spending.
NRIs can freely buy commercial property in India under FEMA. No RBI approval needed. Funds must route through NRE, NRO, or FCNR banking channels.
Payments from NRE accounts have no LRS (USD 250K/year) limit. Use NRE for commercial property — no annual remittance ceiling.
Power of Attorney allows complete remote purchase without visiting India. IA Wealth coordinates POA, RERA verification, and registration.
GST-registered buyers can claim input tax credit on commercial purchases, reducing effective cost by 12%. Ready properties are GST-exempt.
India-UAE Double Tax Avoidance Agreement prevents double taxation on rental income. Income declared in India need not be re-declared in UAE.
NRIs can repatriate up to USD 1 million per year from commercial property sale proceeds from NRO account after paying applicable capital gains tax.
Hinjewadi gateway · Wakad Metro 2027 · Lodha quality · JDA March 2025 · Pre-launch EOI.
Disclaimer: All pricing is indicative as at August 2026. Gross yield estimates are market averages and not guaranteed. Consult a CA for Indian tax obligations. IA Wealth Real Estate LLC · RERA 52591 · Dubai · +971 56 909 3693 · www.iawealth.ae
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