Shapoorji Pallonji's mid-income housing platform, Joyville, has announced the construction of a new housing project with over 1,100 flats in Pune. It is the sixth project of Joyville and third in the Pune property market. Joyville is a $200-million platform by Shapoorji Pallonji Group, ADB, IFC and Actis to jointly develop housing projects in India. Venkatesh Gopalkrishnan, CEO of Shapoorji Pallonji Real Estate, informed that Shapoorji Pallonji has launched a new residential project 'Sensorium' in Hinjawadi, West Pune. Spread over 10 acres of land, this project will have over 1,100 premium 2 BHK and 3 BHK apartments. These flats are available at an inclusive price of ₹64.4 lakh onwards. Pune is an important market for the company with a huge demand for quality homes by trusted brands. This project addition fits well with its strategy of strengthening presence across the country's leading real estate markets. There is no mention of the total amount of investment but it is estimated that it will entail an investment of ₹700 crore.
📅Published on:
04 December 2020
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