Shapoorji Pallonji Real Estate set to develops a 5-acre housing project in Pune with an expected revenues potential of ₹800 crore, the agency said. This best residential development project placed in its a 1000-acre included township, VANAHA, near Bavdhan, Pune. It spread across 5 acres and provide around 10 lakh rectangular ft of saleable location, with an expected revenue potential of ₹800 crore.
Shapoorji Pallonji Real Estate Housing Project
It is a part of the integrated township located near to most important IT hubs like Hinjewadi, Mahalunge-Mann Hi-Tech City Park, and Baner. Sriram Mahadevan, CEO of SPRE and MD of Joyville Shapoorji Housing, said, “With VANAHA Verdant, we aren’t only launching any other project but shaping a new living in Pune. Its proximity to nature, included business areas, etc what today homebuyers matters a lot, includes convenience, access, and long-time period rate.”
Revenues Potential Plan of ₹800 crore
Shapoorji Pallonji Real Estate has sold over 2000 apartments worth ₹1800 crore across mid-phase (Yahavi and Springs) and premium tendencies (Golfland phase 1 and others) in the township, with a development potential of over 130 million sq feet, SPRE has a presence in Mumbai, Pune, Bengaluru, Gurugram, and Kolkata.
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