HomeNews

Pune Real Estate is Going to Witness a major investment of Rs 4,000 crore by Shapoorji Pallonji

Like Tweet Pin it Share Share Email

Shapoorji Pallonji is the famous real estate developer has big plans for the investment in Pune’ real estate. The new launch in Pune near Bavdhan is going to be a major development including an investment of Rs 4,000 Crore.

 The 148 acres of project titled “VANAHA” will be a mixed-use development and will be counted amongst the largest townships in India. This premium project will take place in phases where more than 6000 apartments will be accommodated. The first phase will have 600 apartments with the configuration and size of 1 BHK, 2 BHK and 3 BHK residential apartments. This new launch will have the luxurious homes starting from affordable price of Rs 39 lakh to Rs 89 Lakh. The 148 acres will have almost 90 acres for the open spaces making it the best residential project in Pune.

They have big plans as the Pune is a newly emerging real estate market and entering with such a huge development that will lead to expansion. It will surely strengthen their presence in one of the top realty markets of the nation. Surpassing the customer’s expectation of lavish living and building the trust with the new development Vanaha, Shapoorji Pallonji will lead the market with high heads.

Bavdhan is strategic location that is well-connected and easily accessible through the Mumbai-Bangalore Highway. The close vicinity has IT hubs of Hinjewadi and Baner, the neighborhood is a home of well-developed social and civic infrastructures that is ready to provide the best education, healthcare facilities, commercial, retails and shopping malls.   

This new project in Bavdhan, Pune has a planning that will boost the location and its connectivity with upcoming infrastructures.

  • The metro line (No 2) from Chandni Chowk to Viman Nagar,
  • 10 lane National Mumbai-Bangalore Highway (proposed),
  • 6 Lane Paud- Mahad National Highway (proposed), 8 lane flyover at Chandni chowk (proposed)
  • 14-lane wide Proposed Ring Road (proposed)

This group has marked huge success with their flagship projects in the real estate market of Pune like SP Infocity, SP Residency, Joyville Hinjawadi, Joyville Hadapsar and Sensorium.

Joyville the aspirational housing project has a lead with selling over 800 apartments in October 2020. Shapoorji Pallonji Real Estate has planned development of tentative 80 million Sq.ft in the coming times and looking forward for more opening out. Also, by this financial year they have plans to launch new projects and new phases in its existing projects in Mumbai, Pune, Gurugram, Bangalore and Kolkata.

Source link