Kumar World Adds 2.5 million Sq. Ft. YoY To Their Existing Kitty Of 4.2 Mn Sq. Ft. Of On-Going Projects In Pune

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The group has already delivered over 20 million sq. ft to its customers over 5 decades of business

PUNE: Kumar World has a legacy of 55+ years in the real estate industry of Pune and is renowned for its thoughtfully constructed and quality residential projects. Currently, in FY 2022-2023 they have more than 12 ongoing projects in Pune with a total built-up area of more than 4.2 million sq. Ft. Their projects are seeing a great response from customers with most of them already selling upwards of 50% of inventory on the launch. The group has set itself an ambitious sales target across its portfolio of projects this financial year, which it hopes to achieve through a combination of continued sales momentum in its ongoing projects, along with further project launches.

Speaking on the success, Rajas Jain, MD of Kumar World says “The satisfaction of building homes for more than 35,000 families thus far is unparalleled. We are optimistic about our upcoming commercial and especially residential projects maintaining a key focus on functionality, top-notch amenities, convenience, features, and affordability. With the rapid growth of our current projects in the budget, aspirational, and luxury segments, we are boosting the Kumar Worldpresencewith offering premium and affordable homes while establishing our suburban footprint in Pune’’

The developer has 12 ongoing projects and most of them are nearly sold out. The projects namely, KumarPalaash, Kumar Sanctum, and Kumar Pebble Park have witnessed sales of more than 70% of their inventory on average, combined. Pebble Park project at Handewadiwhich comprises of 13 buildings is already 88% sold out with more than 550 families. With world-class amenities like swimming pools, football, and basketball courts, with a total recreational area of 4.5 acres, this 2 BHK residential project provides residents with easy connectivity to prime locations like Magarpatta and Undri. Kumar Palaash located in Wadgaonsheri is a 2-acre project with 2 BHK residential apartments. This project has filled up 84% of its inventory and one of the contributing factors to this stellar response is its proximity to locations like Kharadi and Kalyani Nagar. Kumar Sanctum is a 4.5-acre luxury development in Baner. With 3.5 and 4.5 BHK houses and located on the cusp of all the happening places like Balewadi High Street, and IT offices. Kumar Sanctum is an address for those who have reached success. All homes are nestled in one of the most idyllic and well-planned locations in Pune. Offering the High Lifestyle Quality Index, Kumar World evaluates parameters ranging from space, community, quality of construction, location, and security for its customers.

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