Shapoorji Pallonji Real Estate Launches 105-Acre Plotted Development Near Pune
Shapoorji Pallonji Real Estate (SPRE) has ventured into the plotted development segment with a 105-acre residential project near the proposed Purandar International Airport in Pune. The project aims to meet the growing demand for spacious and eco-friendly living spaces.
Plotted DevelopmentReal EstateShapoorji PallonjiPunePurandar International AirportReal EstateDec 22, 2025
The land, which is owned by the Shapoorji Pallonji Group, holds a revenue potential of around Rs 600 crore. This project is part of the company's broader strategy to expand its residential portfolio and capitalize on the rising demand for plotted developments. The project will feature 483 residential plots, ranging in size from 2,000 to 6,000 square feet. These plots are designed to cater to both end users and investors, offering the flexibility to build independent villas.
One of the key highlights of the project is its commitment to sustainability and green living. Approximately 70 percent of the project area will be dedicated to open and green spaces, ensuring that residents can enjoy a tranquil and natural environment. The site is also surrounded by nearly 600 acres of forest land, further enhancing the project's appeal to those seeking a peaceful and eco-friendly lifestyle.
According to SPRE, the Pune Growth Corridor is experiencing significant improvements in connectivity and infrastructure, which are driving strong residential demand. The company believes that this new development will not only meet the needs of the growing population but also set a new standard for residential living in the region.
The plots will be offered as non-agricultural parcels with individual 7/12 extracts, providing buyers with the legal right to construct their own homes. This feature adds to the project's吸引力, as it offers a level of customization and ownership that is highly valued by modern homebuyers.
Shapoorji Pallonji Real Estate has a strong reputation in the Indian real estate market, known for its high-quality projects and commitment to customer satisfaction. With this new plotted development, the company is poised to strengthen its position in the residential segment and meet the evolving needs of its clients in Pune and beyond.
As the project progresses, SPRE is expected to unveil more details about the amenities and facilities that will be available to residents. The company is confident that this development will become a benchmark for sustainable and luxurious living in the Pune region.
Frequently Asked Questions
What is the size of the new residential project by Shapoorji Pallonji Real Estate?
The new residential project by Shapoorji Pallonji Real Estate is a 105-acre land parcel near the proposed Purandar International Airport in Pune.
How many plots will be available in the new development?
The project will comprise 483 residential plots ranging from 2,000 to 6,000 square feet.
What is the estimated revenue potential from this project?
The company estimates a revenue potential of around Rs 600 crore from the project.
What percentage of the project area will be dedicated to open and green spaces?
Approximately 70 percent of the project area will be dedicated to open and green spaces.
Why is the Pune Growth Corridor an attractive location for this development?
The Pune Growth Corridor is experiencing significant improvements in connectivity and infrastructure, driving strong residential demand and making it an attractive location for this development.