Shapoorji Pallonji Real Estate sells over 600 flat worth Rs 400 Crore in Pune

Shapoorji Pallonji Real Estate sells over 600 flat worth Rs 400 Crore in Pune.

Real Estate Planning

You may be looking to complete or have already completed a financial and estate plan for your family or business.  While financial and estate planning is vital, like many, you may have overlooked planning for your greatest asset, real estate.  Most people believe a financial plan or estate plan manages your real estate portfolio, but it is usually not the case.  There is a BIG difference between financial planning, estate planning and real estate planning. Owning a home, real estate through your business or other real estate property often represents a person’s largest asset.  Chances are real estate is the largest asset class you own.  People often assume one needs to own multiple properties in order to consider real estate planning.  If you own a home or business property you can benefit from our real estate planning strategies.  If you own multiple real estate assets,  it is highly recommended to complete a real estate plan. When positioned and managed properly, real estate planning can provide many positive financial solutions.

Shapoorji Pallonji Real Estate.

Shapoorji Pallonji is one of the reputed players in India’s real estate industry. In recent news, the real estate firm has added another feather to its cap by launching one of the most successful projects in Pune, Maharashtra. The Shapoorji Pallonji real estate sold over 600 units worth nearly Rs 400 crore in its housing project named Vanaha, as the estate demand began to accelerate. The Vanaha project is a housing unit by Shapoorji Pallonji with luxurious 1, 2 & 3 BHK. The apartments are beautifully crafted with world-class amenities and elegant touch and are approved by Maharashtra RERA. Shapoorji Pallonji Real Estate, a part of the Shapoorji Pallonji group, never really came forward to disclose sales bookings’ real value. However, if the sources are believed, then the value of sales is nearly Rs. 400 crore. “The project is sprawled across 148 acres of land, and it will be a mixed-use development. It will be a part of one of the largest townships in India,” the company said in a statement. In its first phase, the company launched various property units consisting of 1, 2, and 3 BHK apartments. The property ranges between Rs. 39 lakh to Rs. 89 lakh.

Speaking on the successful launch, Mr. Venkatesh Gopalkrishna, the CEO of Shapoorji Pallonji Real Estate, said, “The successful launch of the newly launched project only validates the trust of the valued home buyers in the Shapoorji Pallonji brand and its 155-year legacy. He also said that the organization had been continuously working on offering quality and timely delivery, ensuring that the brand’s value grows with every passing year. The brand vouch for both development and construction expertise of the Group, and we believe this is what sets the company stands apart.” This modern infrastructure with a premium feel and mixed-use development will be executed in the upcoming phases and will consist of more than 6,000 apartments after its competition. The newly launched project near Bandhan is smartly planned and strategically located, which is well connected with Mumbai-Bangalore Highway. It has excellent connectivity with Hinjewadi, and Baner IT Hubs, which resulted in its high demand, and the company sold 600 housing units in no time. Apart from this, the property is well located and has all the basic facilities nearby, from well-developed social infrastructures to public infrastructures like hospitals, educational institutions, commercial centers, shopping centers, and retail zones. This thoughtfully designed property comes with a dedicated art clubhouse, kid’s play area, swimming pool, cycling track, and a garden walkway.  Overall, there’s hardly any facility that the property lacks when offering a high-class lifestyle to the residents.

Shapoorji Pallonji Real Estate Market Pune

Shapoorji Pallonji has a stronghold in the Pune real estate market with its several flagship landmarks. In October 2020, Shapoorji Pallonji Real Estate sold a record-breaking 800 apartments during its launch of one of the housing projects under its brand ‘Joyville’ in East Pune. The Shapoorji Pallonji Group has been a global player and a driving force in India’s real estate sector since the 1970s, dealing in various business segments from Real estate, water energy, and financial services to developing megastructures, engineering, and construction, to name a few. The developer is renowned for its cutting-edge design, finest architectural and high-class construction quality, palatial skyscrapers to affordable housing and modern workspaces. The company has been a dedicated workforce of more than 70,000 people and across 70 countries focusing on sustainable development. The Real Estate gamer has a development pipeline of nearly over 80 million sq. ft with a plan to double up its top line in the next 2-3 years. Other than this, Shapoorji Pallonji real estate is also planning to launch a few new projects and new phases in its existing projects.

Financial Planning And Estate Planning

For a financial plan, many people turn to their financial advisor or wealth manager to review their financial portfolio.  Your financial portfolio usually consists of 401ks, IRAs, investments in stocks, bonds, mutual funds and insurance.  Your trusted professional will advise you on what and how to invest, position and sell within your financial portfolio to prepare or support you through retirement. With estate planning, many people look to their attorney to draft their will, trust or other legal documents to properly pass their belongings to the correct heirs minimizing taxes and other fees within the exchange. Financial planning and estate planning are both very important steps in creating a solid financial foundation for you and your family.

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If you would like to learn more, call us today, any one of our estate planning attorneys would be happy to assist you.

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