Urban Living Redefined: SPRE Launches VANAHA Verdant in Pune
Shapoorji Pallonji Real Estate (SPRE) is set to embark on an ambitious project in Pune, launching VANAHA Verdant, a premium residential development sprawling over 5 acres. With an estimated revenue potential of Rs 800 crore, this launch is part of SPRE's strategic expansion in the lucrative housing market.
This new venture promises a saleable area of about 10 lakh square feet and is a pivotal component of the larger 1,000-acre VANAHA township near Bavdhan, Pune. Sriram Mahadevan, CEO of SPRE, emphasizes the project's vision of providing contemporary living spaces that align with modern homebuyer's preferences of proximity to nature and integrated commercial spaces.
In the aftermath of the Covid pandemic, top housing markets like Pune have seen a surge in demand and prices, particularly from reputed builders. Shapoorji Pallonji Real Estate, as one of India's leading developers, continues to expand its footprint, proving its expertise with over 130 million sq ft in development potential across major cities.
The VANAHA Verdant project is designed to cater to the evolving needs of urban dwellers. It features a blend of residential units, green spaces, and commercial areas, ensuring a balanced and sustainable living environment. The project's strategic location near Bavdhan, known for its serene surroundings and connectivity, adds to its appeal.
SPRE's commitment to sustainability is evident in the design and construction of VANAHA Verdant. The project incorporates eco-friendly features such as rainwater harvesting, solar panels, and energy-efficient lighting, making it an environmentally responsible choice for homebuyers. The company's focus on creating a harmonious living experience is further highlighted by the inclusion of amenities like fitness centers, recreational areas, and community spaces.
The launch of VANAHA Verdant is not just a significant step for SPRE but also a testament to the growing demand for high-quality, sustainable housing in Pune. As the city continues to grow and attract more residents, projects like VANAHA Verdant are poised to set new benchmarks in urban living, offering a perfect blend of luxury, nature, and convenience.
