Pune's Luxury Penthouse Market Hits New Heights: 'Emperor Palace' Sold for Rs 37 Crore
Lodha's 'Emperor Palace' penthouse sells for a record-breaking Rs 37 crore, setting a new benchmark for luxury apartments in Pune.
Luxury Real EstatePune Property MarketLodha OneEmperor PalaceLuxury ApartmentsReal Estate MumbaiJul 09, 2024
The Emperor Palace, situated at the top of a residential tower, offers breathtaking views of the surrounding 500 acres of greenery. With its opulent design and picturesque location, the Lodha One project has set a new standard for luxury living in Pune. Over the past two years, Pune has witnessed 32 apartment registrations in the luxury segment, valued above Rs 10 crore, with the highest value being Rs 18.5 crore. The Lodha One penthouse, with a per-square-foot price range of Rs 28,000-29,000, has now become the most expensive in this segment.
Lodha One is the developer's first luxury project in Pune, designed to cater to the growing demand for luxury gated residential communities equipped with world-class amenities and services. The project features exclusive services provided by Lodha's private hospitality service, Saint Amand, which caters to all hospitality needs of the residents. The project is spread across three levels, with features like a private terrace and pool for the homeowners. Designed by Singapore-based Sitetectonix firm, the project aligns with Lodha's philosophy of providing exceptional living experiences.
The sale of the Emperor Palace penthouse reflects the growing demand for luxury apartments in Pune, driven by the city's rising popularity as a hub for business and entrepreneurship. As the city continues to experience a shortage of land, developers like Lodha are responding to the demand by creating luxury projects that offer the finest living experiences.
Frequently Asked Questions
What is the price of the Emperor Palace penthouse?
Rs 37 crore
Where is the Emperor Palace penthouse located?
Bund Garden, Pune
What is the size of the Emperor Palace penthouse?
12,000 sq/ft
Who developed the Lodha One project?
Macrotech Developers, operating under the brand name Lodha
What is the per-square-foot price range of the Lodha One penthouse?
Rs 28,000-29,000
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