PUNE'S MARQUEE PROJECTS 2021

PUNE- A CITY LIKE NO OTHER,  OFFERS PICTURESQUE GREEN SURROUNDINGS AND YET ALL THE  TRAPPINGS OF A COSMOPOLITAN  METRO. THE REAL ESTATE MARKET THUS HAS PERFORMED BETTER  THAN MOST OTHER INDIAN CITIES  BOTH IN RESIDENTIAL AS WELL AS  COMMERCIAL SEGMENT. REALTY+  TAKES A LOOK AT SOME OF THE  DISTINCT PROJECTS OF THE CITY  THAT WILL SET THE TONE FOR THE  FUTURE DEVELOPMENTS.  BY: SAPNA SRIVASTAVA  There was a time when Pune was looked upon more as a city for retirement home. But with the IT boom  of the ’90s Pune has become a thriving metropolis.  The best part is, it still continues to maintain its natural green cover enhanced by the alluring weather and  not so killing pace of life unlike, its neighbour Mumbai.  HEALTHY RESIDENTIAL REALTY  AMIDST PANDEMIC  Despite the pandemic and ensued economic recession,  Pune’s real estate has seen the highest residential sales in the country in the last quarter. As per Propequity data,  Pune residential sales were higher compared to cities like  Bengaluru, Hyderabad, Chennai etc. In the third quarter  of the present calendar year, Pune had seen sales of 9,412  units, a significant jump from the 5,503 sales the city had  registered in the second quarter.. As per analysts, most of  the sales have happened in the units with 600-750 square  feet carpet area and in the price bracket of Rs 35-70 lakhs.   VALUE PROPOSITION FOR  INVESTMENT  The ongoing appealing value propositions thanks to  stamp duty cut, low interest-rates and favourable discounts  offered by developers as well as the acceptable differential between the agreement value and the circle rate, which  has been hiked from the earlier 10 percent to 20 percent,  till June 30, 2021 have made investing in Pune real estate  a value proposition. Especially for NRIs, lower ongoing  ticket sizes and government incentives have drawn them  to invest in premium and luxury properties to avail benefits  and secure a property for future use.  COMMERCIAL REALTY SHOWS  IMPROVEMENT  Fresh office leasing improved significantly in Q4 as  compared to previous quarters, as decisions delayed earlier  on relocation/consolidation and in some cases expansion  plans were executed during the quarter. A significant 59%  share of gross leasing activity during the quarter was concentrated in the SBD East submarket followed by PBD  West (16%) & PBD East (11%) submarkets. Global Captive  Centres led with a 29% share of leasing activity, followed  by IT-BPM & professional services occupiers with 25% &  24% shares, respectively. Going forward, Baner & Balewadi  in SBD West Submarket and Kharadi & Viman Nagar in SBD  East submarket are expected to be most active in catering to future demand coming from IT-BPM, BFSI captives &  E-commerce segments who are expected to be the key  occupier sectors likely to drive space take-up.  EMERGING DEVELOPMENT TRENDS The projects featured from across Pune have  highlighted the following trends that will define the real  estate of the city in the coming years. Evident is the pent  up consumer demand as well as the significant investor  interest in the various asset classes of Pune real estate. 

1.         One of the biggest trends visible in realty  development is the blurring of lines between previously  distinct asset classes. As a result                    mixed use developments  are gaining ground as they leverage the best of each asset  class, while diversifying the risks.
2. The push towards eco-friendly and healthy living  has also gained momentum as seen in the conscious  efforts, developers are making towards creating  sustainable real estate.
3. The realty firms are closely in sync with the value  that can be derived from consumer demand shifts and  newer emerging asset classes.

Pune saw the highest number  of new residential launches,  reporting 7,563 new unit  launches, which is almost  double of the 3,706 units the  city had seen in the second  quarter of 2020. Other cities  have seen significantly lower  launches in the country. Also,  the gross commercial space  leasing volumes in Pune remained steady even in  2020 with 5.0 msf in the year  comparing very favourably to the 5 year average (2015-2019) of 4.8 msf and being similar to the last year number as well. 

1. The Pune Smart City Development  Corporation Ltd (PSCDCL)  has improved its ranking to 13th position from 17th before  the lockdown in the country  while securing the top spot in Maharashtra thanks to its performance in completing the  projects. 
2. Pune has emerged the happiest city  in Maharashtra in the India Cities  Happiness Report 2020 compiled  by Management Development  Institute, Gurugram. The city ranked  12th across India and has been  classified a ‘new metro’.  
3. The city was ranked 15th in the  country in the Swachh Survekshan  2020 rankings by the Union ministry of housing and urban  affairs, a significant improvement  over last year’s 37th rank.

  A HABITAT FOR SENIORS  ‘ATHASHRI’ IS PARANJAPE SCHEMES VENTURE, FOR  DEVELOPING HOUSING PROJECTS FOR SENIOR CITIZENS  WHERE EVERY FACILITY IS DESIGNED TO HELP LEAD A BETTER  LIFESTYLE IN SENIOR YEARS.  Athashri is a habitat  for seniors wherein  they can experience warmth, freedom,  companionship,  friendships, culture,   The thought behind the Athashri project is simple yet  profound. We understand that  seniors need to live a life filled with  independence, freedom, security and  dignity. The entire Athashri premise is  wheel chair enabled, for comfort and  well-being. The inside specifications  of homes are also well taken care of.  Kitchen platforms are low in height to  help seniors on wheel chair to cook  while they are seated. 1KVA power  supply to each apartment is a boon  in times of power cuts. Each home is provided with a panic switch or  alarm bell facility for emergencies.  Athashri premises has round-the-clock  security and is completely fenced with  adequate lighting at night.   Medical Services: 

1. Doctor on call – For the times when  visiting the doctor’s clinic is not  possible 
2. Regular check-ups – To monitor your health • Tie-ups with leading hospitals – To  provide you with all the necessary  medical assistance

At Athashri, residents don’t have  to worry about grocery shopping, meal  preparation, or even coffee brewing.  Instead, they get to enjoy a fine dining  experience every day of the week. There  is no need to worry about whether  the bed is made or the room is clean.  A regular maintenance schedule is  maintained for all the facilities.   FOSTERING A FEELING OF COMMUNITY  SUPREME ESTIA BY SUPREME UNIVERSAL IS A RESIDENTIAL  PROJECT LOCATED IN THE PRIME LOCALITY OF PUNE. TRUE  TO ITS NAMESAKE ESTIA HAS BEEN DESIGNED TO FOSTER A  FEELING OF COMMUNITY.  Supreme Estia is a 2 & 3 BHK  residential project located in  the prime locality of Baner, Pune that falls under phase 1 of the  Smart City development in Pune  which will see 24 smart city features  implemented including a metro  station which is merely minutes away  from the project. The rectangular spaced plot with a centrally located 45,000 sq ft  vehicle free amenity zone makes life  simple inside a community where  everything is within your reach.  The project also features new age  amenities like co-working spaces,  medical room & a convenience store  on premises. Each building welcomes you with a state of the art double height  entrance lobby. The project has  applied the nuances of wind and  sun flow designs to ensure well lit,  fresh and breezy interiors. Apartment  internals are planned with smart residential project located in  the prime locality of Baner,   Pune that falls under phase 1 of the  Smart City development in Pune  which will see 24 smart city features  implemented including a metro  station which is merely minutes away  from the project.   with a centrally located 45,000 sq ft  vehicle free amenity zone makes life  simple inside a community where  everything is within your reach.  The project also features new age  amenities like co-working spaces,  medical room & a convenience store  on premises utilization of spaces and also making  sure of utmost privacy to personal  spaces.  With more than 20 amenities  for all generations across 3 club  houses as well as the opulence of the  structure all designed by the best in  class team will enrich the lives of its residents. The project is planned with  sustainable features and with a 3-tier  security. All factors are only enhanced by the Art Deco inspired façade  making you proud to call Estia home.    ADVANCED  VERSION OF HOUSING  IN INDIA  KOLTE PATIL DEVELOPERS  LIMITED HAS LAUNCHED  ‘UNIVERSE’ AT ITS FLAGSHIP  TOWNSHIP PROJECT, LIFE  REPUBLIC, NEAR HINJAWADI  IN PUNE. IT IS POSITIONED AS  A PROJECT THAT WILL ENABLE  RESIDENTS EXPERIENCE AN  ‘ADVANCED VERSION OF  HOUSING IN INDIA’. ‘Universe’ is a partnership between Kolte Patil Developers  and Planet Smart City, a leading UK proptech company. It will  be enhancing the lives of its residents by  introducing global-first smart solutions  across planning and architecture,  technological systems, social innovation,  and environment. Spread over ~10.5  acres (4.164 hectares), Universe, is  strategically located at the heart of Life  Republic, benefiting from high street  retail, educational and hospitality  infrastructure of the township. The  project offers 1 BHK and 2 BHK  residences. Universe unveils first of its kind 'Innovation Hub’ which includes a  tool room, hobby room,  health corner, discussion  room, co-working area,  bookcrossing services,  AV room, interactive  totems, a future-proof  space to learn, socialize,  work, collaborate and  imagine for the Universe  residents.  The residents will benefit from  an IoT enabled infrastructure and a  wide range of shared services, which  will use data analytics and the insights to improve their quality of life. These  services will be powered by the free  Planet App, through which residents will  have access to sharing services within  the development and connect with  other members of their neighbourhood.   Along with over 40 amenities and  smart solutions, this smart residential  address comprises around 4 acres  of landscape and open areas. The  sustainable and intelligent solutions  to be implemented include smart  benches, smart gym equipment,  smart playground equipment, smart  street lighting, parking and lobby  smart lights, smart water meter  for apartment, optimized irrigation  systems for common area, automated  boom barrier, air quality monitoring  system and SOS emergency poles.   From health and wellness to  socializing and leisure, there  are numerous ways in which  an Estia home feels like a home. An exclusive green  boulevard leading to the  projects inner sanctum makes  for a quiet, scenic transition  from the outside world.  OXYGEN RICH HOMES  ABITANTE FIORE BY PURANIKS BUILDCON PVT LTD AT  BAVDHAN, PUNE ARE CAREFULLY DESIGNED TO INCREASE  OXYGEN LEVELS WITH THE HELP OF PLANTS.  In our daily life we combat tiring commute and pollution almost  every day. With this in mind, is  created innovative 1, 2 & 2.5 BHK  oxygen rich homes. Coupled with  Bavdhan’s finest scenic views, the  project has thoughtfully planned  unique amenities to bring closer to  nature such as the Cascading Flower Bed, the BBQ Corner Lawn, Green  amphitheatre, Fruit Orchard, Aromatic  Garden, Butterfly Park, and many  more. The Balcony Garden will help  reduce the effect of pollutants and in  the dry balcony, there will be planters  to grow own herbs. Whereas, the  Green Entrance Lobby will always give  a fresh welcome.  In a world filled with more  concrete and less jungle,  Puraniks Abitante Fiore  will bring you closer to  nature. Various species of  plants are spread across  the project will help boost  oxygen levels as well  as mood. And around these will be thoughtfully  designed external  amenities to rejuvenate and  bring freshness.   LIVE HIGH ON VALUE LIFE  GG TOWN BY GOEL GANGA GROUP AT NEW KHARADI, PUNE IS A TOWNSHIP OF ROW HOUSES AND 2BHK APARTMENTS  FROM THE LAYOUT OF THE PROJECT TO THE AMENITIES IT  ENSURES A HOME THAT IS TRULY HIGH ON VALUE. The project layout allows for all of us have a dream of owning easy entry and exit from the  ring road. It also ensures smooth movement of vehicles inside  the project area without hindering  access to the amenities by the  residents. The project is also aligned  to the path of the sun and that along  with the large number of open areas  means that the residents are able to  enjoy ample sunlight and fresh air  no matter where their apartment is  located.  As a high on value home should  also be a green home, to that end are  provided facilities like, STP, rainwater  harvesting, water conservation  and energy management. Safety  and security too is of the utmost  importance and this has meant  ensuring that there is an entrance gate  with a security cabin for 24×7 security.  From fire safety precautions to storm  water drains, different amenities have  been put in place.   From a community  building to bicycle  parking, open spaces to  landscaping, and many  more amenities have  been provided to ensure  that your homes are  truly, ‘HighOnValue’.  A home that offers security and  joy and great value to our loved  ones. GG Town offers that with a  reasonable price tag. What’s more,  New Kharadi or Wagholi today is  known as one of the fast developing locality of the city and residential  real estate market in the area that  has grown by heaps and bounds. EXPERIENCE  OFLIVING ON A  HILL STATION  LOCATED AT THE HEART OF  BANER (PUNE), KALPATARU  JADE RESIDENCES BY  KALPATARU LIMITED IS  DEVELOPED ALONG THE  NATURAL CONTOURS AND  IN THE MIDST OF LUSH  GREENS.  Spread over approximately 9  acres, Jade is set against Baner hills which gives the experience of living on a hill station. It has 3, 3.5  and 4.5 bed residences that offer lavish  spaces with speciously designed rooms  inside and with breath- taking views of  the hills. The clubhouse at Jade has a  state-of-the-art-gymnasium, spa, mini theatre and a massive lawn.  Each of the towers is H-shaped and is placed independently optimising  the ventilation and air circulation from  residences. The high-rise towers are  curvilinear, widening the viewing angles  from every corner. 82% of the land is  left open and landscaped enhancing   The architect of this project  A&T Consultants has planned the  project in very efficient manner,  keeping all the amenities in one  place for the convenience of the  residents. There is no vehicular  movement in the garden area  making it pollution free and  ensuring safety for the kids.  Another unique feature is that it  is cross shaped ensuring proper  ventilation and better light for  each building. The apartment is  thoughtfully designed keeping in  mind furniture and utility area  with proper space utilization for  less wastage the privacy in every outdoor space  that one enjoys. Moreover, 3 acres  of vehicle-free central landscape (on  podium) makes it a safe common area  for residents to be there. The forest grove  at Kalpataru Jade  with a mix of fruit,  ornamental and  seasonal trees and so  much dense plantation  is like a serene oasis  in midst of a city.  THERE ARE THREE AMENITY  ZONES AT JADE: 

1. Active zone – Lush tennis court, well equipped basketball and badminton  courts
2. Passive zone – Forest grove with a  peaceful yoga and meditation pavilion,  a fire place, barbeque area, a reading  alcove, a long bench and multiple  cabanas. The forest grove culminates  in a promenade which has a walking/  jogging trail throughout.
3. Recreational zone – A grand clubhouse with three pools (an infinity  edge pool facing forest grove, a lap  pool, kids’ pool and outdoor Jacuzzi), a  gymnasium and a party hall.

  A GLAMOROUS LIFE STYLE  VTP AETHEREUS, BY VTP REALTY IS PUNE’S MOST  SUCCESSFUL AND LOVED PROJECT IN TOWNSHIP CODENAME  BLUE WATERS. IT IS A MATTER OF PRIDE FOR ANY BUYER THAT  EVEN BEFORE ENTERING THE HOME THE GUEST IS WOWED BY  THE BEAUTIFULLY DESIGNED PROJECT.   Afuturistic skyline towers with a glass façade VTP Aethereus  stands tall between the river  and hills. A mixed use iconic presence  at the most landmark junction it  is located in the heart of Maan Mahalunge Hi-tech City by PMRDA. It  offers a glamorous life style with all  East-West facing apartments.  Stunning tinted glass elevation:  Grey tinted glass with u value = 5.8  w/m2ka (u value means measure of  the thermal insulation of the glass &  expressed as watts per square meter).  Our glass u value is 1.3% better than  normal glass windows.   More than 2 acres of  dedicated amenities  area is divided in 2 levels - Podium level for  grownups and ground  level for kids and senior  citizens. The size of  Amenity to Resident ratio  is excellent here. Most  conservative ratio in  Aethereus is 29 sqft of  space per person at any  given point of time.  A centrally located fountain and  the mural are going to become the  landmark of the project, making it  stand out in the location.  Apart from the facade, the  lighting at podium that will go up at elevation itself is going to be  beautifully lit, that any passer by from the road is going to take  a double look. What's more, the 60,000 sq. ft. exotic palm-lined  podium offers sweeping views of the  bustling city.   Also, adorning the project are  3500 sq. ft. landscaped fountain plaza  and 320 sqft luxurious Jacuzzi Pool and  co-working spaces with the conference  / meeting room in the project.  A large LED is placed at the Commercial Frontage-(132 ft. long and  6 meter tall) providing a swanky Times  Square look.    MINDSPACE BUSINESS PARKS REIT Gera Commerzone, Kharadi, Pune PIONEERING THE CONCEPT OF WORLD-CLASS BUSINESS DISTRICTS AND REVOLUTIONIZING THE  COMMERCIAL REAL ESTATE SECTOR.  Gera Commerzone Kharadi is strategically located within the  secondary business district east  micro-market of Pune, in proximity to  the railway station, Pune International  Airport and the upcoming metro  station. Designed using the ‘biophillic’  model, it focusses on the inherent  connection between humans and  nature, the central consideration  when designing the project, where employee health and well-being has  been kept at the core.  Irresistible Facilities & Amenities:

1. • World class food court with options  to choose from 
2. acres of landscaped podiums to  unwind on
3. Crèche for the safety of employees’  kids
4. Pharmacy

The three buildings in  the asset are LEED Pre Certified (of which one  is Platinum certified and  two are Gold certified).  In addition, we distribute  power to the tenants in  our SEZ buildings.  The Force behind the Exceptional  Project  

1. Master Planning & Architectural  Design : PG Patki Architects, Mumbai • Landscape Designer : Sitetectonix,  Singapore
2. Structural Designer : Stup  Consultants, Mumbai/Pune
3. Infrastructure Consultants: Sai Systra,  Ahmedabad
4. MEP Designers: SNC Consultants,  Delhi