TRU Realty Targets Rs 275 Crore Revenue from Premium Project in Pune
NEW DELHI, July 15: TRU Realty, a leading real estate developer, is targeting Rs 275 crore in revenue by 2030 from its premium residential project in Kondhwa, Pune. The project, TRU Meadows, spans 2.75 acres and is set to be a significant addition to the city's housing market.
Last month, the company announced the development of TRU Meadows with an investment of Rs 150 crore. The project will consist of four towers with a total of 360 apartments, catering to the middle-class and upper-middle-class consumer base. Home prices start at Rs 65 lakh, offering competitive pricing for those looking to secure a home in Pune's emerging pockets.
The property boasts excellent connectivity to major employment hubs, schools, healthcare facilities, and shopping destinations. This strategic location enhances the appeal of the project, making it an attractive option for both end-users and investors.
Sujay Kalele, Founder and Managing Director of TRU Realty, stated, “Our investment in the project is expected around Rs 150 crore and is expected to generate Rs 275 crore in revenue by 2030, which is approximately 83 per cent higher than the investment.” The company has infused elements of contemporary Dubai-style living, merging international aesthetics with practical functionality to create a unique living experience.
According to recent industry reports, Pune has witnessed a 12 per cent year-on-year growth in residential launches. This makes Pune one of the top metros attracting both end-users and investors. The city's robust growth and development have positioned it as a prime location for real estate investments.
TRU Realty is currently developing eight projects across Pune and Mumbai, including TRU Meadows, Vaarivana, and Spectrum Life. With over Rs 1,000 crore in assets under development and 210 homes delivered as of FY 2024–25, TRU Realty is rapidly emerging as a future-ready player in the urban housing market.
The company's commitment to quality and innovation is evident in its projects, which are designed to meet the evolving needs of modern homebuyers. TRU Realty's strategic approach and strong market presence position it well to capitalize on the growing demand for premium residential properties in Pune and other key cities.