Kohinoor inks strategic partnership with Matoshree for Navi Tulshibaug – Marne Plaza

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Pune, December 21: Kohinoor Group one the leading real estate developers from the city has joined hands with Matoshree Estate Private Limited for the ‘Navi Tulshibaug- Marane Plaza’ project and thus will now be on board as the strategic partner for the project.

An announcement to this effect was made by Krishnakumar Goyal, Chairman and Managing Director Kohinoor Group during a Press Conference held in the city today. Vineet Goyal, Joint Managing Director, Kohinoor Group, Deepak Marne, Chairman of the Matoshree Estate and Radhika Birla from Matoshree were also present on the occasion.

Navi Tulshibaug-Marane Plaza is a commercial project which is coming up right at the heart of shoppers’ paradise i.e. Tulshibaug (Hutatma Babu Genu Chowk). It will be a first of its kind shopping complex in the Tulshibaug area with a touch of modernity that will result in multiplying the shopping pleasure. Designed with shopping friendly approach with open spaces and rest areas by preserving the charm of Tulshibaug this Navi Tulshibaug-Marane Plaza complex will sprawl over 1.5 Lac Square Feet.

Commenting on this development Vineet Goyal said, “This partnership will prove to be extremely beneficial and fruitful for all stakeholders like existing buyers, prospective buyers, partners and contractors. Kohinoor Group will not only take the responsibility of selling the remaining units at the complex but will also restore the faith in existing and prospective buyers in terms of project completion within stipulated time frame”.

“With the strong experience in creating landmark commercial projects, Kohinoor will turn the things around for Navi Tulshibaug-Marane Plaza with greater velocity and will help untap it’s business potential for the existing and prospective buyers of shops at this unique complex”, he added.

He further stated, “Kohinoor Group has so far successfully created commercial spaces to the tune of 7 Lac square feet and has already undertaken construction work for about 2 million square feet. In the expansion plans of the Group, creation of commercial spaces will surely be the focus area in near future. Forming such strategic partnerships will be the way forward to increase Group’s presence in commercial real estate segment.”

About Kohinoor Group – It has become a name to reckon with, when it comes to quality construction and timely delivery in Pune’s real estate scenario. The group led by Krishnakumar Goyal within a very short span of time has successfully created a family of 5000 plus happy customers. So far, it has developed and delivered 4 million square feet space including residential and commercial. It is currently in the process of building over 5 million square feet of residential and commercial space. Started with cement manufacturing Kohinoor Group also partnered with Kimberley Clark for tissue business. Apart from creating a strong base in real estate the Group is now on the verge of becoming one of the largest provider of serviced hostels under the brand name of Youthville and aims to have over 40000 (forty thousand) beds by 2024.

About Matoshree Estate – A company spearheaded by Shri Balasaheb Marne. Matoshree Estate since 1998 till date has completed over 10 projects in Vitthalwadi & Hingane, Baner & Balewadi. Their project Marne Heights – the tallest building in Pune mid-town is a trend setter in redevelopment in old Pune and a stretch of 40 feet width was given for road widening which ultimately eased traffic burden in ever-busy Hutatma Babu Genu Chowk.