Pune Super-Luxury Housing – High And Rising..

By Mr. Sanjay Bajaj, JLL India

Pune’s mid and luxury residential property segment also began gaining significant traction over the past two quarters, resulting in a very healthy rate of inquiries translating into sales. The city’s developers are understandably upbeat about the response that ultra-luxury housing continues to evoke in Pune, and are launching projects with the motto that luxury knows no recession. Luxury housing in Pune is, in fact, now defined by a whole new dimension when it comes to amenities and conveniences.

In industry terms, super-premium housing in a city like Pune is defined by projects which have unit sizes of 3500 square feet and above, complemented with addresses that convey status and prestige, carrying price tags of Rs. 12000/sq.ft. and above.

Some of the notable super-luxury housing projects in Pune are: 

·         Trump Tower - being jointly developed by Panchshil Group and the US-based Trump Group at Kalyaninagar

·         Yoo Pune - designed by Philippe Stark and being developed by Panchshil Group at Magarpatta

·         Verde - being jointly developed by ABIL and Clover at Kalyaninagar

·         Fountainhead - being developed by Phoenix above Phoenix Market City on Nagar Road

·         Marvel Aurum - being developed by Marvel Realtors at Koregaon Park

·         Marvel Ribera - being developed by Marvel Realtors on Boat Club Road

·         Castle Royale - being developed by ABIL at Bhosale Nagar

·         Shiloh - being developed by Kumar Properties at Model Colony

·         Balmoral Estate - being developed by Kasturia Housing at Baner

·         Portia - being developed by Vilas Javdekar Developers at Baner

·         Sky One - being developed by Paranjape developers at Model Colony

·         Sky Belvedere - being developed by Lunkad Realty near Pune Airport

·         The Spires - being developed by Pride Group at Aundh

·         Amar Renaissance - being developed by Amar Builders at Sopan Baug

About the author..

Mr. Sanjay Bajaj, Managing Director – Pune, JLL India

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