Shapoorji Pallonji Real Estate to develop a residential project in Bavdhan, Pune
The project will offer ~10
lakhs square feet of development with an estimated revenue potential of ~ INR
800 crore
Shapoorji Pallonji Real
Estate (SPRE), one of India’s most trusted real estate developers, has
announced the launch of VANAHA Verdant, a premium residential development
within its flagship 1000-acre integrated township, VANAHA, near Bavdhan, Pune.
Spread across ~5 acres, the upcoming project will offer approximately 10 lakhs
square feet of saleable area, with an estimated revenue potential of ~INR 800
crore.
Building on the success of
earlier phases of VANAHA, VANAHA Verdant reaffirms SPRE’s commitment to
delivering thoughtfully designed homes that cater to evolving urban lifestyles
while maintaining a strong connection with nature.
Set against the backdrop of
lush landscapes, VANAHA Verdant offers a serene and green living experience
with seamless connectivity to Pune’s key commercial and business hubs. Part of
India's largest integrated townships, with over 350 acres dedicated to open
spaces, VANAHA features a well-balanced mix of residential, commercial, and
retail spaces. The project promises a premium lifestyle, complemented by a
state-of-the-art clubhouse, gym, spa, multi-purpose court, beautifully
landscaped gardens, and breathtaking views of the prestigious Oxford Golf
Course, recognised as one of India’s premier golf and leisure destinations and
home to Pune’s sole 18-hole private golf course.
Strategically located near
major IT hubs like Hinjewadi, Mahalunge-Mann Hi-Tech City Park, and Baner,
VANAHA holds immense appeal for professionals. The location is further enhanced
by its proximity to renowned educational institutions, such as FLAME University
and Symbiosis International University, as well as multi-specialty hospitals
and established commercial centers. The presence of the acclaimed Oxford Golf
Course, ranked among Asia’s top 5, further elevates the project’s lifestyle
quotient.
Commenting
on the launch, Mr Sriram Mahadevan, CEO of Shapoorji Pallonji Real Estate and
MD of Joyville Shapoorji Housing, said, “With VANAHA Verdant, we
are not just launching another project but shaping a new way of living in Pune.
Its proximity to nature, integrated commercial spaces, and low-density layout
reflect what today’s homebuyers value most: balance, access, and long-term
value.”
To date, Shapoorji Pallonji
Real Estate (SPRE) has sold over 2000 apartments worth Rs. 1800 crores across
mid-segment (Yahavi and Springs) and premium developments (Golfland phase 1
& 2) within the township.
VANAHA is uniquely
positioned to offer a peaceful, green lifestyle while ensuring effortless
connectivity to the city. The township is home to over 400 species of flora and
fauna, reinforcing its nature-first ethos. Future infrastructure upgrades such
as the upcoming Metro Line 2 (Chandni Chowk to Viman Nagar), the proposed
10-lane Mumbai-Bangalore National Highway, the proposed 6-lane Paud-Mahad
corridor, the proposed new 8-lane flyover at Chandni Chowk, and the proposed
14-lane wide Ring Road will significantly enhance accessibility and value for
residents.