+
Shapoorji Pallonji Enters Plotted Housing With Pune Project
Real Estate

Shapoorji Pallonji Enters Plotted Housing With Pune Project

Shapoorji Pallonji Real Estate has entered the plotted housing segment to tap rising demand, announcing its first such project in Pune with an estimated revenue potential of about Rs 6 billion.

The company, part of the Shapoorji Pallonji Group, has traditionally focused on group housing and is now expanding its residential portfolio by offering housing plots to buyers and long-term investors.

The foray comes with the launch of Treetopia, a premium 105-acre development in Pune comprising 483 residential plots. Plot sizes range from 2,000 to 6,000 square feet, catering to both end users and investors. The project is located close to the upcoming Purandar International Airport, which is expected to boost the area’s growth prospects.

Sumit Sapru, Chief Executive Officer of Shapoorji Pallonji Real Estate, said growing homebuyer interest in plotted developments prompted the expansion, adding that the project strengthens the company’s residential offering. He noted that ongoing infrastructure development is reshaping the region and positioning the Pune Growth Corridor as a high-potential micro-market.

Shapoorji Pallonji Real Estate has a total development potential exceeding 130 million square feet and operates across key property markets including Mumbai, Pune, Bengaluru, Gurugram and Kolkata.

Shapoorji Pallonji Real Estate has entered the plotted housing segment to tap rising demand, announcing its first such project in Pune with an estimated revenue potential of about Rs 6 billion. The company, part of the Shapoorji Pallonji Group, has traditionally focused on group housing and is now expanding its residential portfolio by offering housing plots to buyers and long-term investors. The foray comes with the launch of Treetopia, a premium 105-acre development in Pune comprising 483 residential plots. Plot sizes range from 2,000 to 6,000 square feet, catering to both end users and investors. The project is located close to the upcoming Purandar International Airport, which is expected to boost the area’s growth prospects. Sumit Sapru, Chief Executive Officer of Shapoorji Pallonji Real Estate, said growing homebuyer interest in plotted developments prompted the expansion, adding that the project strengthens the company’s residential offering. He noted that ongoing infrastructure development is reshaping the region and positioning the Pune Growth Corridor as a high-potential micro-market. Shapoorji Pallonji Real Estate has a total development potential exceeding 130 million square feet and operates across key property markets including Mumbai, Pune, Bengaluru, Gurugram and Kolkata.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Next Story
Infrastructure Transport

UP Approves Two Expressways And Rs 240 bn Infrastructure Push

The Uttar Pradesh Cabinet approved a series of infrastructure and industrial investment proposals totalling Rs 240 billion (Rs 240 bn), including two major expressway projects, a manufacturing and logistics cluster in Sultanpur and incentives for 11 industrial projects across the state. The decisions, taken at a meeting chaired by Chief Minister Yogi Adityanath, underline the state government’s focus on expanding road connectivity around emerging industrial hubs while attracting manufacturing investment to districts beyond major urban centres. The approvals cover both greenfield expressway c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code