Shapoorji Pallonji Real Estate (SPRE) has unveiled the second phase of Golfland at VANAHA near Bavdhan, West Pune, following the success of its flagship project. Having sold over 1800 apartments worth Rs. 1500 crores, the new phase targets a revenue potential of Rs 600 crores, addressing the demand for upscale residences in Pune. With configurations ranging from 2BHKs to townhouses, it has 276 homes starting at Rs.1.48 crore. VANAHA is a 1000-acre township and offers luxury living with amenities, including an 18-hole private golf course. SPRE aims to redefine Pune's skyline and lifestyle, anticipating growth in the city's real estate market in 2024.
Shapoorji Pallonji Real Estate (SPRE) announces the launch of Golfland's second phase at VANAHA, their flagship project near Bavdhan, West Pune. Following the success of Golfland's first phase, which saw the sale of over 1800 apartments worth Rs. 1500 crores, the second phase anticipates an estimated revenue of Rs 600 crores. SPRE aims to cater to the rising demand for upscale residences in Pune, offering luxury experiences to customers. The new phase includes 276 bespoke homes with configurations such as 2BHKs, 3BHKs + i Room (study), 4BHKs (pooja + study + staff room), and Townhouses. The prices start at Rs.1.48 crore.
VANAHA, situated within India's largest townships spanning 1000 acres, integrates residential, commercial, and retail spaces. The development emphasizes open spaces, with 350+ acres dedicated as open spaces. Residents can indulge in a lavish lifestyle with amenities like a clubhouse, gym, spa, multi-purpose court, and beautifully landscaped gardens. The project boasts breathtaking views of the Oxford Golf Course, recognized as Pune's sole 18-hole private golf course and a premier golf and leisure destination in India.
Nirav Dalal, Business Head and Chief Investment Officer at Shapoorji Pallonji Real Estate, expresses confidence in Golfland Phase 2 setting new benchmarks in luxury living. He acknowledges the continued support from customers and their commitment to delivering excellence. Dalal notes the steady increase in luxury and premium residence launches in Pune's real estate industry over the past few years. Anticipating further growth in 2024, he believes the strong demand and good price appreciation make it the right time for homebuyers to invest in the Pune market.
Strategically positioned near major IT hubs like Hinjewadi, Mahalunge-Mann Hi-Tech City Park, and Baner, VANAHA is appealing to professionals. Surrounded by established social and civic infrastructure, including renowned educational institutions and hospitals, the development offers a well-rounded lifestyle.
With over 400 species of flora and fauna in the valley, residents experience a rejuvenating environment. VANAHA emphasizes a perfect balance between tranquility and connectivity. Meticulously planned homes complement the strategic location along the Mumbai-Bengaluru Highway and proximity to IT hubs, educational institutions, hospitals, commercial centers, retail zones, and shopping malls. Upcoming infrastructure projects, including a metro line, a National Highway, and a wide Ring Road, further enhance accessibility for residents, solidifying VANAHA's status as a sought-after residential destination in Pune.