Giardino: When the Garden Is the Amenity
Most Lodha projects lead with the clubhouse. Giardino leads with the garden. At a time when east Pune’s residential density is rising fast (Kharadi, Viman Nagar, Wagholi have seen rapid infill since 2020), Giardino’s commitment to landscaped outdoor space is a genuine differentiator.
The positioning appeals to a specific buyer: the east Pune professional who has been living in a high-density apartment and is willing to pay a small premium for greenery, natural light, and outdoor space.
Project Overview
| Factor | Details |
|---|---|
| Location | Kharadi, East Pune |
| Developer | Lodha Group |
| Theme | Garden lifestyle — Italian-inspired landscaping |
| Configurations | 2 BHK, 3 BHK |
| Per sqft | ₹11,000–13,500 |
| Distance to EON IT Park | 1–3 km |
| Possession | Verify at MahaRERA |
What “Garden Lifestyle” Means in Practice
Central landscape garden: A large central garden (the project centrepiece) provides green views from multiple towers. Garden-facing units command a 5–8% premium.
Tree-lined internal pathways: Walking within the campus feels less like a construction estate and more like a park. Operational once the project matures (trees take 3–4 years to reach full size).
Outdoor living areas: Seating nooks, reading corners, lawn for children, and yoga-suitable open areas. Contrasts with Camelot’s indoor-clubhouse-first approach.
What it doesn’t have vs Camelot: Camelot’s clubhouse is larger and amenity-richer (squash, larger gym, more sports courts). Giardino trades some indoor amenity for outdoor space.
Pricing and Configuration
2 BHK (850–1,000 sqft SBU)
| Type | Price |
|---|---|
| Standard (internal view) | ₹1.10–1.30 Cr |
| Garden-facing | ₹1.20–1.45 Cr |
| Corner + garden | ₹1.30–1.50 Cr |
3 BHK (1,200–1,400 sqft SBU)
| Type | Price |
|---|---|
| Standard | ₹1.55–1.68 Cr |
| Garden-facing, mid-floor | ₹1.65–1.80 Cr |
Rental Yield Analysis
Tenant Profile at Giardino
Giardino attracts a slightly different tenant than Camelot — families with young children who value green space, and professionals who WFH and want outdoor areas for breaks. Both are strong, low-vacancy tenant profiles.
| Tenant Type | Monthly Rent | Tenure |
|---|---|---|
| EON IT Park professional, family | ₹35,000–42,000 | 1.5–2 years |
| Furnished, garden-facing | ₹42,000–50,000 | 2–3 years |
| Corporate lease (MNC accommodation) | ₹46,000–54,000 | 2–3 years |
Gross yield (₹1.30 Cr mid entry, 2 BHK garden-facing):
- Base (₹42,000/month): 3.9%
- Corporate lease (₹50,000/month): 4.6%
Giardino vs Camelot vs Estilo: Full Comparison
| Factor | Giardino | Camelot | Estilo |
|---|---|---|---|
| Theme | Garden / nature | Grand residential | Style / design |
| 2 BHK entry | ₹1.10 Cr | ₹1.20 Cr | ₹1.05 Cr |
| Clubhouse depth | Moderate | High | Moderate |
| Outdoor space | High (garden centrepiece) | Moderate | Standard |
| Target buyer | Family, WFH, green-focused | Status, senior professional | Design-conscious, cost-aware |
| Rental yield (2 BHK) | 3.8–4.6% | 3.8–4.5% | 4.0–4.8% |
| Resale niche | Green lifestyle | Flagship prestige | Value + style |
For investors: Estilo offers the best yield (lowest entry), Camelot offers the strongest brand/resale premium, Giardino hits the middle ground with a distinctive lifestyle niche.
5-Year Investment Projection
2 BHK garden-facing at ₹1.30 Cr, all-in ₹1.50 Cr:
| Component | Amount |
|---|---|
| Entry (all-in) | ₹1.50 Cr |
| 5yr value (9% CAGR) | ₹2.31 Cr |
| Rental income (4yr, ₹44,000 × 48mo) | ₹21.1L |
| Less LTCG + costs | -₹9L |
| Net gain | ₹93L |
| ROI | 62% |
FAQs
Q: Is Giardino or Camelot better for a family buying in Kharadi? Giardino for families who value green outdoor space and a quieter environment. Camelot for families who prioritise indoor amenity depth (larger gym, more sports courts). If children’s outdoor play is the priority: Giardino. If adult wellness amenities dominate: Camelot.
Q: What is the possession status of Giardino? Verify at MahaRERA. Lodha’s Kharadi projects are in various phases. Some phases may be RTM; others under-construction. Confirm the specific tower before booking.
