Adani Realty operates as the real estate arm of one of the leading infrastructure and development entities in India, the Adani Group. The parent group was founded on 20 July 1988 by Gautam Adani and is headquartered in Ahmedabad, Gujarat. Within a little over a decade of organised residential and commercial development, Adani Realty has developed close to 33 million sq. ft. and has approximately 144 million sq. ft. of real estate space under development, spanning residential, commercial, and social club projects across Ahmedabad, Mumbai, Pune and Gurugram. Its head office sits at Shantigram in Ahmedabad, and it maintains offices in Ahmedabad, Gurugram, Mumbai, Pune, and Dubai.
In Pune, that portfolio concentrates on a single micro-market rather than being spread thin across the city: the Koregaon Park Annexe pocket of Mundhwa, on Pune's eastern edge. Adani Realty has built out a cluster presence here through linked residential developments, a pattern consistent with how the group approaches its flagship Ahmedabad address, Shantigram, where it has developed over 600 acres of luxury township around one location instead of scattering effort across a city.
Codename Greens sits within the Koregaon Park Annexe stretch of Mundhwa and offers 2, 2.5 and 3 BHK apartments, with unit sizes ranging from 866 to 1985 sq. ft. across configurations. Located in the vibrant and upscale Koregaon Park Annexe area of Pune, the development is spread across a landscaped multi-acre parcel with multiple architecturally planned towers housing over 200 residential units. Everyday connectivity out of the project draws on Mundhwa Road and Nagar Road, the two arterial roads that tie this pocket of Pune East into the wider city grid.
The project carries a design language Adani Realty has used to set apart its Pune residential work, offering lush green landscapes and vertical gardens, paired with an amenity count of 20+ amenities spanning clubhouse, gymnasium, and open landscaped space.
Adjacent to Codename Greens, Adani Realty also runs Atelier Greens at the same Koregaon Park Annexe address, giving the developer a denser footprint here rather than a single standalone tower. Atelier Greens has 6 towers, with 12 floors each and 348 units on offer, spread over an area of 2.99 acres. That project is now a ready-to-move housing society where families have started moving in — a relevant data point for a Codename Greens buyer, since it shows Adani Realty has already carried a neighbouring project in this exact locality through to delivery rather than holding land here undeveloped. The wider amenity set across the cluster includes a fully equipped gymnasium, reflexology path, 20-seater theatre room, two clubhouses, an open amphitheatre and kids' play area, steam and sauna room, and nature walk trails.
Koregaon Park Annexe sits just east of Pune's original Koregaon Park core, linked to it through nearby landmarks like BT Kawade Road and Koregaon Park itself, with good connectivity to the city's main hub. The locality's hospitality anchors signal the commercial weight the address already carries: The Westin Pune and Marriott Suites offer luxury stays here. Active industrial clusters of Mundhwa and Hadapsar sit within 3 km, and with the airport and major job hubs nearby, rental demand stays high. Schooling and healthcare are close at hand too, with VIBGYOR Kids and ORCHIDS The International schools within 5 km, and Manipal and Pune Chavani among the trusted hospitals at 4 km.
Retail and everyday infrastructure lean on Seasons and Amanora malls within 5 km, alongside landmarks such as The Westin Pune Koregaon Park, D Mart Kumar Cerebrum Complex, and Rambo Circus nearby. Civic works are catching up with demand in the belt: the Pune Municipal Corporation is widening a busy 2 km stretch of North Main Road in Koregaon Park, adding a lane on each side to ease traffic toward Mundhwa, Hadapsar-Magarpatta, and the Hadapsar railway station.
Koregaon Park Annexe has moved from an emerging address to a tracked micro-market in its own right. Apartments here average around ₹13,100 per sq. ft., with a 23.6% year-on-year change in price. Government-registered transactions put the average registered price at ₹10.5K per sq. ft. across 119 sales transactions recorded between June 2025 and May 2026, while resale listings on marketplaces carry a median price of ₹15.7K per sq. ft. That is still a discount to the older Koregaon Park core, where apartments average around ₹21,150 per sq. ft., a locality residents rate 4.4 out of 5 for both connectivity and safety. Rental demand tracks that gap: monthly rents in Koregaon Park Annexe range from about ₹22.9K to ₹57.8K across studio to 4 BHK configurations.
For an Adani Realty buyer, this combination of established hospitality and retail anchors, industrial employment within 3 km, an airport under six kilometres away, and a price base still meaningfully below the legacy Koregaon Park core underpins the case for choosing this address over the older, costlier part of the locality.
