Planet Smart City to reach Rs 9 bn sales in Pune project

08 Dec 2023 CW Team

Planet Smart City, a leading global player in the affordable housing market integrating Proptech and ESG-compliant real estate solutions, has announced a near-total sell-out of its flagship ?Universe? project in the Life Republic Township in Hinjewadi, Pune, in partnership with Kolte-Patil Developers Limited (KPDL). As Planet Smart City?s first development in the country, this milestone signifies an extraordinary achievement, with more than 88% of residential units and 91% of commercial units being sold as of the end of September 2023.

?Universe?, the first project launched by Planet Smart City in India in December 2020, boasts a total saleable area of 1.3+ million sq. ft. in residential units and 85,000 sq. ft. in commercial units. Despite the challenges posed by the pandemic?s second wave, ?Universe? is already poised to achieve a total of INR 900+ crores in sales. This exceptional achievement comes from the great dynamics of the residential housing market in Maharashtra and to the tremendous response from homebuyers who value the extensive facilities and innovative smart solutions implemented throughout the project by Planet Smart City.

The project?s success has extended beyond the borders of India, as international investors in the GCC region are responding to its unique selling points and potential for property value appreciation.

Marco Pilia, Managing Director India at Planet Smart City commented, ?The successful sell-out of our first project in India is an incredible achievement for Planet Smart City globally. This performance is a great testimony to our business model and value proposition. Collaborating with best-in-class developers in India allows us to deliver high innovation in the residential market, remaining future-proofed and well within the right budget range for our customers.?

Infrastructure Urban

08 Sep 2025

Man Industries Wins Rs 17 Billion Export Order

Shares of Man Industries (India) Ltd surged 9.5 per cent on 3 September following the announcement of a significant Rs 17 billion export order for coated pipes. The order is scheduled for execution over the next six to 12 months, lifting the company’s outstanding order book to approximately Rs 47 billion.The company stated that the new contract underscores a robust business outlook and continued customer trust.In the first quarter of the financial year, net profit increased by 45.2 per cent to Rs 276 million, up from Rs 190 million in the corresponding period last year. While revenue from op..

Krystal Wins Rs 3.6 Billion Welfare Services Contract

Krystal Integrated Services Ltd (KISL) has secured a Rs 3.6 billion contract from the Commissionerate of Social Welfare, Pune, marking a major development in the company’s portfolio of public sector facility management services.The contract spans five years and includes mechanised housekeeping and outsourced manpower services for a vast network of social welfare institutions across Maharashtra. These include hostels, residential schools, welfare homes, training institutes, and administrative offices.In a statement, KISL underlined the critical impact of the agreement, noting that it will dir..

NLCIL Mines Win Top Honours in 2023–24 Star Ratings

NLC India Limited (NLCIL), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Coal, has once again cemented its position as a leader in sustainable and responsible mining, with all five of its operating mines receiving prestigious Star Ratings for 2023–24 from the Ministry of Coal.The Star Rating scheme, introduced in 2019, evaluates mines across seven key parameters, including operational efficiency, environmental stewardship, safety, technological adoption, rehabilitation, and worker welfare. Since the inception of the framework, NLCIL has ensured 100 per cent partici..