PUNE: Shapoorji Pallonji Real Estate (SPRE), one of India’s most trusted real estate developers, has announced the launch of its ambitious urban development project, SP Kingstown, in Pune’s Hadapsar Annexe. The project spans over 200 acres of land and aims to redefine modern living with its perfect blend of proposed residential, commercial, educational, healthcare, and retail spaces. As part of this landmark development, Shapoorji Pallonji Real Estate introduces ‘Wildernest’ and ‘Joyville Celestia’, two unique residential offerings catering to diverse lifestyles and preferences.
With a development potential of over 1.7 million square feet, SPRE reaffirms its dedication to Pune’s real estate market with these two projects. Wilderness, the first low-density luxury residential project, sets a new standard for exquisite living. Joyville Celestia, on the other hand, prioritizes the holistic well-being of its residents, offering over 40 wellness-inspired amenities.
SP Kingstown is strategically situated along the Pune-Solapur Highway, enjoying seamless connectivity to prominent areas like Hadapsar, Magarpatta IT Park, Amanora Park, and SP Infocity. Educational institutes, hospitals, malls, and commercial hubs are near the project. Additionally, proposed infrastructural developments, including a four-tier double-decker flyover, a ring road, and a metro line, are set to elevate the region’s accessibility and desirability.
Speaking on the launch, Mr. Venkatesh Gopalakrishnan, Director, Group Promoter’s Office, MD & CEO of Shapoorji Pallonji Real Estate, said, “We are thrilled to unveil SP Kingstown, a monumental urban development project that epitomizes our commitment to redefining modern living. With the launch of Wildernest and Joyville Celestia, we aim to provide residents with a unique and enchanting living experience that provides them with various options, from aspirational to luxury. SP Kingstown represents our enduring dedication to Pune’s real estate landscape, and we anticipate a remarkable revenue potential close to Rs.1500 crore from these endeavors.“
