Tribeca Developers to Launch 8 Lakh Sq ft Mixed-use Project in Pune
Real Estate

Tribeca Developers to Launch 8 Lakh Sq ft Mixed-use Project in Pune

Tribeca Developers announced plans for a mixed-use real estate project in Pune, featuring luxury apartments and retail spaces across 8 lakh square feet. With a projected revenue potential exceeding Rs 10 billion, the development will include two iconic towers and premium retail spaces. The project will be located in Lullanagar, near New Command Hospital at Pune Cantonment, spanning three acres of land owned by the Manikchand Group and Siddhivinayak Groups.

Tribeca Developers has entered a joint development agreement with Serianee Corrp, a conglomerate comprising Siddhivinayak Groups, Vision Skylish Group (VSG), and Kalash Properties. Tribeca, a licensed partner for the Trump Organisation in India, has a notable track record of delivering high-end real estate developments. The Pune project will mark a significant addition to the company's portfolio, contributing to the growing luxury residential market in the city.

In addition to this, Tribeca Developers is involved in multiple high-value projects across India. The company has recently finalised six new real estate deals in Pune, Gurugram, Noida, Mumbai, Hyderabad, and Bengaluru, totalling 8 million square feet and expected to generate over Rs 150 billion in sales. Tribeca is also developing more than 6 million square feet of branded residential projects, with a sale value of Rs 60 billion.

The Pune real estate market has seen a significant boom, with property registrations in 2024 increasing by 25 per cent to 190,025, compared to 152,323 in 2023. Revenue from property registrations also grew by 33 per cent, reaching Rs 70.98 billion. This growth is reflected in December 2024, where property registrations and revenue collections rose by 18 and 11 per cent, respectively, compared to December 2023.

News source: Hindustan Times

Tribeca Developers announced plans for a mixed-use real estate project in Pune, featuring luxury apartments and retail spaces across 8 lakh square feet. With a projected revenue potential exceeding Rs 10 billion, the development will include two iconic towers and premium retail spaces. The project will be located in Lullanagar, near New Command Hospital at Pune Cantonment, spanning three acres of land owned by the Manikchand Group and Siddhivinayak Groups. Tribeca Developers has entered a joint development agreement with Serianee Corrp, a conglomerate comprising Siddhivinayak Groups, Vision Skylish Group (VSG), and Kalash Properties. Tribeca, a licensed partner for the Trump Organisation in India, has a notable track record of delivering high-end real estate developments. The Pune project will mark a significant addition to the company's portfolio, contributing to the growing luxury residential market in the city. In addition to this, Tribeca Developers is involved in multiple high-value projects across India. The company has recently finalised six new real estate deals in Pune, Gurugram, Noida, Mumbai, Hyderabad, and Bengaluru, totalling 8 million square feet and expected to generate over Rs 150 billion in sales. Tribeca is also developing more than 6 million square feet of branded residential projects, with a sale value of Rs 60 billion. The Pune real estate market has seen a significant boom, with property registrations in 2024 increasing by 25 per cent to 190,025, compared to 152,323 in 2023. Revenue from property registrations also grew by 33 per cent, reaching Rs 70.98 billion. This growth is reflected in December 2024, where property registrations and revenue collections rose by 18 and 11 per cent, respectively, compared to December 2023. News source: Hindustan Times

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code