Shapoorji Pallonji Real Estate has launched two housing projects in its 200-acre township called SP Kingstown in Pune’s Hadapsar Annexe, eyeing a revenue of around Rs 1,500 crore from them. This large township will consist of housing, commercial, healthcare, educational and retail spaces. The two new housing projects include Wildernest and Joyville Celestia with a combined development potential of over 1.7 million square foot (msf).
Wildernest is a low-density luxury residential project with 3 and 4 BHK residences across two towers with homes starting at Rs 1.69 crore. Joyville Celestia is part of the housing brand, Joyville. It has two towers that offer 2 and 3 BHK configurations and was priced at Rs 60.90-99 lakh.
The SP Kingstown project is situated along the Pune-Solapur Highway and enjoys connectivity to prominent areas like Hadapsar, Magarpatta IT Park, Amanora Park and SP Infocity. There were also some large proposed infrastructural developments in the area, including a four-tier double-decker flyover, a ring road and a metro line. It is also close to the upcoming Chhatrapati Sambhaji Raje International Airport near Saswad.
With a development potential of over 142 msf, Shapoorji Pallonji Real Estate has made inroads into most Indian cities, including Mumbai, Pune, Bangalore, Gurugram and Kolkata.
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Dhwani is a content management expert with over five years of professional experience. She has authored articles spanning diverse domains, including real estate, finance, business, health, taxation, education and more. Holding a Bachelor’s degree in Journalism and Mass Communication, Dhwani’s interests encompass reading and travelling. She is dedicated to staying updated on the latest real estate advancements in India.
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