PUNE: Pharande Spaces, the leading real estate development
company in the Pimpri-Chinchwad Municipal Corporation (PCMC), has announced the
launch of three new towers at its highly successful luxury township L-axis.
The announcement was made at a glittering ceremony that was
attended by world-renowned architect and town planning expert Prof. Christopher
Benninger, architect Usha Rangarajan and Ravi Varma, Vice Chairman of the National
Association of Realtors.
L-axis, one of the most successful township projects in the
PCMC, has made a resounding market statement as the address of choice for HNIs
from the PCMC, Pune and beyond. The location of this township has been one of
the main catalysts for its success.
In a relatively short period after its inception, Spine Road
in the Pradhikaran region of Pune's thriving twin city PCMC has become one of
the most talked-about investment locations. The 22-kilometer long and 45
meter-wide Spine Road connects to all sectors in the PCMC and the areas along
it have become key development hotspots in the region.
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| Anil Pharande |
Demand for homes in this area began peaking when the PCMC
began further widening of this key transit infrastructure project. The
Pradhikaran region, also known as Sector 42, encompasses a total area of 15000
acres and is a text-book case of planned development by the Pimpri Chinchwad
New Town Development Authority PCNTDA.
"Road infrastructure is always the precursor of all
successful real estate undertakings," says Anil Pharande, Chairman of
Pharande Spaces.
"New real estate locations need to be properly
connected to other parts of the city to make them attractive to developers and
home buyers. For this reason, Spine Road in Pradhikaran has become a game-changer.
Apart from its location, L-axis enjoys the benefits of the most luxurious
project design, specifications and amenities as well as unmatched connectivity,"
he further adds.
Because of the Pimpri-Chinchwad Municipal Corporation's
forward-looking approach to infrastructure, the PCMC has always been the
forerunner of highly planned infrastructure-driven real estate development in
the Pune region. The impeccable town
planning employed in the PCMC has ensured that there is a full-fledged district
centre for commercial development and activity. This approach has provided a
uniform spread of well-paid employment opportunities over the entire region.
L-axis is located in Sector 6, directly opposite the Bhosari
District Centre with its high-profile corporate and government office complexes
as well as a 5-star hotel and the recently launched ‘City One’ - PCMC’s first
full-fledged shopping mall. The prestigious International Convention Centre is
under construction in the immediate vicinity.
Pharande says, “Over the years, the 'infrastructure first'
approach has been especially evident in PCMC's Pradhikaran sector, where the
Spine Road has now become one of the most exciting locations for home buyers
and real estate investors. L-axis has indeed benefited from the perfect location.”
Pharande Spaces has already distinguished itself delivering
high quality township projects such as Woodsville in Moshi, Celestial City at
Ravet and more recently Puneville at Punavale in this prosperous and
progressive region.
Launched in 2012, L-axis was conceived in response to the
huge demand for luxury homes emanating from top management homebuyers of the
region's many manufacturing giants, the Chakan industrial area and
international automobile companies like Volkswagen, Mercedes Benz and Mahindra
& Mahindra and General Motors.
Pharande Spaces launched the two new towers at L-axis in the
presence of a 300 plus gathering of channel partners and prominent real estate
personalities. In the course of the evening, the company made a strong case for
the unprecedented market proposition of this unique luxury township. The event
was followed by a celebrity performance.
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