GCC
Citi has expanded its Pune operations after Citicorp Services India leased an additional 151,192 sq ft at Panchshil Business Hub in Kharadi. The latest addition takes Citi’s total office occupancy at the complex to approximately 1 million sq ft, strengthening Pune’s position as a key hub for global financial-services and technology operations.
The expansion builds on Citi’s earlier long-term lease of more than 770,000 sq ft across 10 floors at Panchshil Business Hub, in a transaction reported at around ₹1,100 crore.
The growing footprint reflects Citi’s continued investment in its India operations and Pune’s role in supporting large-scale financial services, technology and global capability functions.
Why It Matters
Citi’s expansion reinforces Pune’s emergence as a strategic destination for global financial-services and technology operations, while highlighting continued demand for large-scale corporate office space.
