+
This big builder enters Pune with a 2 billion investment
Real Estate

This big builder enters Pune with a 2 billion investment

Recently, Merlin Group forayed into Pune with a focus on commercial and residential projects. Headquartered in West Bengal, the company also has units in Ahmedabad, Raipur, Chennai and Colombo. Saket Mohta, Managing Director, Merlin Group, shares more on the company’s plans and investments in Pune, its approach towards adopting the latest technology and skilling, expansion plans and more….

Tell us more about your recent announcement of investment of Rs 2,000 crore in Pune.
We will be investing Rs 2,000 crore in Pune in the next five years towards a number of commercial and residential projects. We have launched a boutique tower with offices and retail as a commercial project named Project 18 East in Koregaon Park Annexe, the business hub of Pune. We have acquired the development rights in a large parcel of land in Baner and have completed the planning of about 4 lakh sq ft of office spaces in upcoming projects and about 4.5 lakh residential area. We are working on developments with a mix of mid-segment and premium projects. Our next projects are coming up in the Wakar, Baner and Jambulwari areas. In Wakar, we will set up a mid-segment residential project of around 1.5 million sq ft with high street retail. In Baner, it will be a mix of A-grade commercial spaces and a premium residential project. In Jambulwadi, we are contemplating budget residential development.

To read the full article, CLICK HERE

Recently, Merlin Group forayed into Pune with a focus on commercial and residential projects. Headquartered in West Bengal, the company also has units in Ahmedabad, Raipur, Chennai and Colombo. Saket Mohta, Managing Director, Merlin Group, shares more on the company’s plans and investments in Pune, its approach towards adopting the latest technology and skilling, expansion plans and more…. Tell us more about your recent announcement of investment of Rs 2,000 crore in Pune. We will be investing Rs 2,000 crore in Pune in the next five years towards a number of commercial and residential projects. We have launched a boutique tower with offices and retail as a commercial project named Project 18 East in Koregaon Park Annexe, the business hub of Pune. We have acquired the development rights in a large parcel of land in Baner and have completed the planning of about 4 lakh sq ft of office spaces in upcoming projects and about 4.5 lakh residential area. We are working on developments with a mix of mid-segment and premium projects. Our next projects are coming up in the Wakar, Baner and Jambulwari areas. In Wakar, we will set up a mid-segment residential project of around 1.5 million sq ft with high street retail. In Baner, it will be a mix of A-grade commercial spaces and a premium residential project. In Jambulwadi, we are contemplating budget residential development. To read the full article, CLICK HERE

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?