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ET Services NEWS Powered by Shapoorji Pallonji housing platform Joyville plans to invest around Rs 400 cr by March-end on land acquisition SECTIONS Shapoorji Pallonji housing platform Joyville plans to invest around Rs 400 cr by March-end on land acquisitionPTI Last Updated: Jan 31, 2021, 12:18 PM IST Share Synopsis In an interview with , Joyville Shapoorji Housing Managing Director Sriram Mahadevan said the platform has around Rs 400 crore balance fund, which will be committed before March 31 on acquisition of new land for development. Agencies Representative Image New Delhi: Business conglomerate Shapoorji Pallonji s housing platform Joyville plans to invest around Rs 400 crore on acquisition of 3-4 land parcels in Mumbai and Pune by the end of this fiscal to expand its presence amid recovery in demand of residential properties, a senior company official said. Joyville, which is a Rs 1,240 crore pla ....
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Shapoorji Pallonji to invest Rs 4,000 crore for real estate project in Pune This premium mixed-use development by Shapoorji Pallonji will be executed in phases and will have more than 6000 apartments on completion Real estate firm Shapoorji Pallonji Real Estate has announced the launch of a new real estate project near Bavdhan, West Pune, to be developed with an estimated investment of around Rs 4,000 crore. The project named ‘VANAHA’ is spread across 148 acres of land. It will be a mixed-use development and will be a part of one of the largest townships in India, the company said. This premium mixed-use development will be executed in phases and will have more than 6000 apartments on completion. In the first phase, over 600 apartments with various unit configurations consisting of 1, 2 and 3 BHK have been launched. The residences are available between the price range of Rs 39 lakh to Rs 89 lakh. ....
Shapoorji Pallonji unveils ₹4,000 crore realty project Updated: Updated: Share Article AAA Shapoorji Pallonji Real Estate has announced a new real estate project near Bavdhan, West Pune spread across 148 acre of land. Named ‘Vanaha’ this project will be a mixed-use development and will be a part of one of the largest townships in India, the company said. The project will be developed with an estimated investment of about ₹4,000 crore. This premium mixed-use development will be executed in phases and will have more than 6,000 apartments on completion. In the first phase, over 600 apartments with various unit configurations have been introduced in the price range of ₹39 lakh to ₹89 lakh, the company said. ....
New Delhi, Jan 24: Business conglomerate Shapoorji Pallonji’s real estate platform Joyville will invest around Rs 400 crore to develop the third phase of its housing project in Gurugram as demand for residential properties has recovered from June last year, a senior company official said on Sunday. In an interview with PTI, Joyville Shapoorji Housing Managing Director Sriram Mahadevan said the housing sales were hit badly during the April-June quarter of this fiscal year due to the COVID-19 pandemic, but demand has improved significantly thereafter. Joyville is a USD 200 million mid-income housing platform established by Shapoorji Pallonji, ADB, IFC and Actis. ....