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Showing posts with label Mundhwa. Show all posts
Showing posts with label Mundhwa. Show all posts

Wednesday, March 23, 2016

Puravankara Launches its First Theme Based Integrated Lifestyle District in Pune

Puravankara Projects has forayed back into the Western Region with a proposed development of 30 acres in Mundhwa, Pune.

Purva Silversands, the first phase of development across 20 acres is being launched as a unique Integrated Lifestyle District with a design theme that the city of Pune has hitherto not seen before, the company said in a statement.

Purva Silversands is set on the Mula-Mutha river promenade, right across the business district of Kharadi. The proposed new bridge connecting Kharadi and Mundhwa will help de-congest the traffic and shorten the travel time to Purva Silversands in Mundhwa. The 15km elevated corridor 2 of the Pune Metro Phase 1, will also lead Mundhwa to easy connectivity with the key nodes of the city.

Ravi Puravankara, Chairman, Puravankara Projects Ltd. said: "Our foray back into the Western Region is a 'Home Coming' for us. We aspire to make a difference in the western cities with our unique theme-based projects that offer a lifestyle living. Our first project Purva Silversands is planned in the city of Pune, which is ranked amongst the 50 fastest growing urban cities in the world. A thriving job market, high rental growth and the Government's thrust on improving infrastructure makes Pune a very promising market, with an immense need for high quality homes."

Ashish Puravankara, Managing Director, Puravankara Projects Ltd commented, "Our intelligent designs focuses on spacious well-crafted apartments set in an Integrated Lifestyle District. Situated in eastern Pune, Mundhwa has been strategically chosen for this project as it is emerging as a prime residential location for the business district of Kharadi. Mundhwa has a judicial mix of residential, business, leisure and support services. Upcoming infrastructural developments have given the required impetus, for real estate in this region to flourish."

This unique property offers a variety of lifestyle residential apartments - 1, 2, 3, 4 BHK apartments, penthouses, garden apartments, along with a cafés, restaurants and boutique shopping overlooking the river promenade amidst lush landscapes.

Purva Silversands is an iconic residential development with the best-in-class facilities, providing a resort type lifestyle to homebuyers in Pune. The project has been designed to bring the beach to their doorsteps, with a promise to experience 'Life like it's a holiday'.


Fine luxurious homes around a sprawling manmade lagoon with a wave pool, snorkelling pool, koi pond, hammocks, palm trees combined with cafes, restaurants and boutique shopping make Purva Silversands a unique lifestyle destination, and one of the most attractive investment opportunities in the region.

Tuesday, November 25, 2014

Puravankara enters Pune residential market with a bang

Pune: Bangalore-based leading property developer Puravankara Projects Limited has entered into a joint venture with Pune's Oxford Group and Mumbai-based EKTA World, to develop a residential property at Mundhwa in East Pune.

Having close to 30 acres of prime residential land for development, the deal was closed with the help of Jones Lang Lasalle India (JLL India), a real estate research and consultant firm.

This joint venture arrangement, structured by JLL India, will yield about two million square feet of prime residential space for development.

Commenting on the massive residential project in Pune, Anuj Puri, Chairman and Country Head, JLL India, said, “Mundhwa is an exciting hotspot due to its proximity to Koregaon Park. Additional demand drivers in Mundhwa include EON IT Park in Kharadi, Magarpatta IT/SEZ development and proximity to Pune's airport and railway station."

From a residential real estate viewpoint, Mundhwa is the choice of location for IT employees from Magarpatta, Kharadi and Kalyaninagar. Adding to the high strategic value of this micro-market are major malls such as Amanora Town Centre and Seasons Mall on Hadapsar-Kharadi Bypass, and Phoenix Market City and Inorbit on Nagar Road, a JLL India release said.


This project also marks the entry of Puravanakara, one of the most renowned developers of South India, into the thriving West India property market.  The partnership with established Oxford Group and EKTA World will bring their combined expertise on luxury living in one of Pune’s most promising micro-markets.