Shapoorji Pallonji Launches 5-Acre 'VANAHA Verdant' Residential Project in Pune
Shapoorji Pallonji Real Estate (SPRE) is set to develop a 5-acre premium housing project in Pune, named 'VANAHA Verdant,' with an estimated revenue potential of Rs 800 crore. This project is part of SPRE's larger 1,000-acre integrated township, VANAHA, near Bavdhan, Pune.
Real EstateResidential ProjectPuneShapoorji PallonjiVanaha VerdantReal Estate NewsJul 16, 2025
This upcoming project is part of SPRE's flagship 1,000-acre integrated township, VANAHA, located near Bavdhan, Pune. Sriram Mahadevan, CEO of Shapoorji Pallonji Real Estate and MD of Joyville Shapoorji Housing, stated, 'With VANAHA Verdant, we are not just launching another project but shaping a new way of living in Pune. Its proximity to nature, integrated commercial spaces, and low-density layout reflect what today's homebuyers value most: balance, access, and long-term value.'
To date, Shapoorji Pallonji Real Estate has sold over 2,000 apartments worth Rs 1,800 crore across the mid-segment within this large township. Post-Covid pandemic, India's top seven housing markets—Delhi-NCR, Mumbai Metropolitan Region, Bengaluru, Chennai, Hyderabad, Kolkata, and Pune—have witnessed a significant rise in demand and prices, especially for builders with a good track record of executing projects on time.
Shapoorji Pallonji Real Estate is one of the leading real estate developers in the country. It is part of the Shapoorji Pallonji Group, a multi-business conglomerate. With a development potential of over 130 million square feet, SPRE has a presence in Mumbai, Pune, Bengaluru, Gurugram, and Kolkata. The group is known for its commitment to quality and timely project delivery, making it a preferred choice for homebuyers and investors alike.
Frequently Asked Questions
What is the name of the new residential project by Shapoorji Pallonji in Pune?
The new residential project by Shapoorji Pallonji in Pune is named 'VANAHA Verdant'.
What is the estimated revenue potential of the 'VANAHA Verdant' project?
The estimated revenue potential of the 'VANAHA Verdant' project is Rs 800 crore.
How many apartments will the 'VANAHA Verdant' project comprise?
The 'VANAHA Verdant' project will comprise approximately 600 apartments.
What is the total saleable area of the 'VANAHA Verdant' project?
The total saleable area of the 'VANAHA Verdant' project is about 10 lakh square feet.
What are the key features of the 'VANAHA Verdant' project?
The key features of the 'VANAHA Verdant' project include its proximity to nature, integrated commercial spaces, and a low-density layout, reflecting the values of balance, access, and long-term value for homebuyers.
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