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

Next Story
Building Material

Global Research Gathers in Panama to Accelerate Sustainable Concrete

The Innovandi Global Cement and Concrete Research Network (GCCRN) is convening its Spring Week from March 17 to 21, 2025, in Panama City. This pivotal event unites hundreds of delegates from more than 40 academic institutions and more than 30 industrial members worldwide to advance research and innovation in sustainable cement and concrete technologies. The primary focus of the gathering is to foster actionable research aimed at driving decarbonisation in the cement and concrete industry to achieve net-zero concrete by 2050. Davide Zampini, GCCRN Industrial Chair and Vice President of Global ..

Next Story
Real Estate

Signature Global Sets the Foundation for Titanium SPR with Bhoomi Pujan

Signature Global (India), one of India's leading real estate developers, held the Bhoomi Pujan for its premium residential project, Titanium SPR, in Sector 71, Gurugram, marking a key step in its development. The Bhoomi Pujan, a traditional ceremony symbolising a positive and prosperous start, was attended by key stakeholders and company representatives. It showcased Signature Global’s commitment to delivering high-quality homes while reinforcing its vision for modern, well-planned, and sustainable living spaces. On this occasion, Lalit Kumar Aggarwal, Co-founder & Vice Chairman, Signature ..

Next Story
Infrastructure Transport

Nitin Gadkari Inaugurates Butibori and Hingna Facility in Nagpur

GMMCO India, a CK Birla company, announced the inauguration of its fully operational service and supply hubs at Butibori and Hingna, Nagpur. These integrated facilities feature world-class repair, rebuild, and parts distribution hubs, playing a crucial role in supporting customers across India, with a focus on Maharashtra, Madhya Pradesh, Chhattisgarh, Gujarat, and Goa. The facilities were inaugurated by Nitin Gadkari, Union Minister of Road Transport and Highways of India. Spread across 14 acres, the Butibori and Hingna facilities are strategically positioned to provide advanced service infr..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?