Pune Porsche Case: Two Ongoing Real Estate Projects Under Scanner
Regulatory declarations made by real estate developer Vishal Agarwal reveal that his company has two ongoing projects in Pune
Real EstatePuneBramha RealtyVishal AgarwalMahareraReal EstateMay 30, 2024
The two projects are registered under the name of Vishal Agarwal, Shivani Agarwal, and Surendra Agarwal, who are the father, mother, and grandfather of the minor accused. The MahaRERA project completion date for the residential project is April 1, 2026, and for the commercial project is December 31, 2027.
The residential project, named Bramha Skycity Phase-3, has two buildings of 14 floors each, comprising 92 units of 2 and 3 BHK apartments, of which more than 50 units have been booked. The commercial project, named Bramha Sky Uzuri Phase 2, is being executed by Bramha Leisures Pvt Ltd and comprises 315 commercial units, of which the company has got bookings for around 96 units.
The ongoing legal case may affect the project operations, but on paper, even the mother of the juvenile accused is a director on the board of companies executing the real estate projects.
Vishal Agarwal is the owner of Bramha Realty and Infrastructure Private Limited, which he floated after separating from his family business BramhaCorp. BramhaCorp was set up 40 years ago by Bramhadutt Agrawal and is involved in residential, commercial, and hospitality segments. The company is known to have introduced luxury hotels such as Le Meridien Mahabaleshwar and Sheraton Grand to the Pune market.
Bramha Realty and Infrastructure Private Limited is a prominent real estate developer in Pune, known for its luxury projects in the city.
Frequently Asked Questions
Who is the owner of Bramha Realty and Infrastructure Private Limited?
Vishal Agarwal is the owner of Bramha Realty and Infrastructure Private Limited
What is the status of the two ongoing projects of Bramha Realty?
According to the MahaRERA declarations the residential project has more than 50 units booked and the commercial project has around 96 units booked
How may the ongoing legal case affect the project operations?
Local developers told HT Digital that the project operations may get affected for a while due to the ongoing legal cases
What is the project completion date for the residential project?
The MahaRERA project completion date for the residential project is April 1 2026
What is the background of BramhaCorp?
BramhaCorp was set up 40 years ago by Bramhadutt Agrawal and is involved in residential commercial and hospitality segments
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