Shriram Properties to jointly develop Pune land
Real Estate

Shriram Properties to jointly develop Pune land

Shriram Properties has entered into a joint development agreement to develop a six-acre land parcel in Pune, expanding its footprint in one of India’s burgeoning real estate markets. The collaboration aims to leverage both parties' expertise to create a residential project that will cater to the region’s rising demand for housing. This strategic move aligns with Shriram Properties' commitment to tapping into high-potential real estate markets outside of its traditional stronghold in the southern states, where the developer already has a significant presence.

The project, set to launch in phases, will focus on creating high-quality living spaces that incorporate sustainable practices and modern amenities. Pune's growing economic base and infrastructural developments have made it a prime location for real estate investment, especially in the residential sector. By entering this market through a joint venture, Shriram Properties plans to mitigate risks while benefiting from local market insights, enhancing project success and customer appeal.

Shriram Properties is also eyeing similar partnerships to expand its land holdings and project portfolio, aiming to strengthen its brand and market share in key urban centers. The Pune development aligns with broader trends of developers seeking partnerships to optimize resources and cater to the increasing housing demand in India’s rapidly urbanizing cities.

Shriram Properties has entered into a joint development agreement to develop a six-acre land parcel in Pune, expanding its footprint in one of India’s burgeoning real estate markets. The collaboration aims to leverage both parties' expertise to create a residential project that will cater to the region’s rising demand for housing. This strategic move aligns with Shriram Properties' commitment to tapping into high-potential real estate markets outside of its traditional stronghold in the southern states, where the developer already has a significant presence.The project, set to launch in phases, will focus on creating high-quality living spaces that incorporate sustainable practices and modern amenities. Pune's growing economic base and infrastructural developments have made it a prime location for real estate investment, especially in the residential sector. By entering this market through a joint venture, Shriram Properties plans to mitigate risks while benefiting from local market insights, enhancing project success and customer appeal.Shriram Properties is also eyeing similar partnerships to expand its land holdings and project portfolio, aiming to strengthen its brand and market share in key urban centers. The Pune development aligns with broader trends of developers seeking partnerships to optimize resources and cater to the increasing housing demand in India’s rapidly urbanizing cities.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?