Shapoorji Pallonji launches luxury residential project in Thane
Real Estate

Shapoorji Pallonji launches luxury residential project in Thane

Shapoorji Pallonji Real Estate has launched the Shapoorji Pallonji SKYRAA, a luxury residential project in Thane.

It is one of the tallest towers in Thane, which would have 332 luxury apartments with configurations of 3 BHK and 4 BHK, varying from 1300 sq ft to 1600 sq ft. These apartments have been designed with large balconies and spacious bedrooms.

The buyers would be able to enjoy recreational amenities, including an exquisite Clubhouse known as Float on the 51st level and a Rooftop Sky Lounge, offering intriguing views of the city.

The clubhouse would also include a business centre with a large workspace, library, spa and salon, golf simulator, music room, and viewing deck.

A high street retail zone called the Impulse of 40,000 sq ft total carpet area would be constructed within the project premises.

The project is established on Pokhran Road No 2 which is adjacent to the Eastern Express Highway.

It is one of the most preferred residential areas in Thane. The location also has well-developed social and civic infrastructure like world-class hospitals, commercial hubs, education institutions, retail zones, and shopping malls.

The apartments are available in the price range of Rs 2.44 crore to Rs 3 crore besides additional charges.

The company is expecting a total sales culmination of nearly Rs 525 crore from the new launch.

Thane has evolved into a significant centre for infrastructure development throughout the years. Proposed road tunnel between Tikuji-ni-wadi (Thane) and Borivali, Vitawa bypass road, linking Kopri to Thane-Belapur Road, Wadala-Kasarvadavali Metro line 4, Kapurbawdi-Bhiwandi Metro line 5, Proposed Majiwada Metro Station will all enhance Thane's connectivity, lifestyle quotient, and capital values. Mr Venkatesh Gopalkrishnan, CEO of Shapoorji Pallonji Real Estate, told the media that they have seen a steady demand for luxury homes in the last two months, indicating a change in the post-pandemic consumer behaviour in the Thane market.

He said that they have planned to introduce a new phase as they believe it is the correct time to provide the Thane micro-market with the best products.

Image Source

Also read: Shapoorji Pallonji to raise $375 mn via luxurious realty properties

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Shapoorji Pallonji Real Estate has launched the Shapoorji Pallonji SKYRAA, a luxury residential project in Thane. It is one of the tallest towers in Thane, which would have 332 luxury apartments with configurations of 3 BHK and 4 BHK, varying from 1300 sq ft to 1600 sq ft. These apartments have been designed with large balconies and spacious bedrooms. The buyers would be able to enjoy recreational amenities, including an exquisite Clubhouse known as Float on the 51st level and a Rooftop Sky Lounge, offering intriguing views of the city. The clubhouse would also include a business centre with a large workspace, library, spa and salon, golf simulator, music room, and viewing deck. A high street retail zone called the Impulse of 40,000 sq ft total carpet area would be constructed within the project premises. The project is established on Pokhran Road No 2 which is adjacent to the Eastern Express Highway. It is one of the most preferred residential areas in Thane. The location also has well-developed social and civic infrastructure like world-class hospitals, commercial hubs, education institutions, retail zones, and shopping malls. The apartments are available in the price range of Rs 2.44 crore to Rs 3 crore besides additional charges. The company is expecting a total sales culmination of nearly Rs 525 crore from the new launch. Thane has evolved into a significant centre for infrastructure development throughout the years. Proposed road tunnel between Tikuji-ni-wadi (Thane) and Borivali, Vitawa bypass road, linking Kopri to Thane-Belapur Road, Wadala-Kasarvadavali Metro line 4, Kapurbawdi-Bhiwandi Metro line 5, Proposed Majiwada Metro Station will all enhance Thane's connectivity, lifestyle quotient, and capital values. Mr Venkatesh Gopalkrishnan, CEO of Shapoorji Pallonji Real Estate, told the media that they have seen a steady demand for luxury homes in the last two months, indicating a change in the post-pandemic consumer behaviour in the Thane market. He said that they have planned to introduce a new phase as they believe it is the correct time to provide the Thane micro-market with the best products. Image Source Also read: Shapoorji Pallonji to raise $375 mn via luxurious realty properties

Next Story
Infrastructure Energy

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

Next Story
Infrastructure Urban

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

Next Story
Infrastructure Energy

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement