Shapoorji Pallonji Real Estate Unveils Second Phase of Golfland at ‘VANAHA’ in Pune

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Pune, 18th January 2024: Following the triumphant launch of the initial phase of Golfland at VANAHA, Shapoorji Pallonji Real Estate (SPRE), a leading real estate developer in India, is thrilled to introduce the second phase at its flagship project ‘VANAHA,’ located near Bavdhan in West Pune. With over 1800 apartments sold, totaling Rs. 1500 crores, across mid-segment (Yahavi and Springs) and premium developments (Golfland phase 1), SPRE continues its commitment to delivering luxury living experiences.

The second phase of Golfland, poised to generate an estimated revenue of Rs. 600 crores, addresses the escalating demand for upscale residences in Pune. This project aims to redefine luxury living, offering configurations such as 2BHKs, 3BHKs + i Room (study), 4BHKs ∞ (pooja + study + staff room), and Townhouses. A total of 276 distinctive homes are available, with prices starting at Rs. 1.48 crore.

Nestled within India’s largest townships, spanning over 1000 acres with 350+ acres dedicated to open spaces, VANAHA stands as a magnificent mixed-use development, encompassing residential, commercial, and retail spaces. Residents can relish a lavish lifestyle complemented by amenities such as a clubhouse, gym, spa, multi-purpose court, meticulously landscaped gardens, and captivating views of the prestigious Oxford Golf Course – recognized as one of India’s premier golf and leisure destinations, housing Pune’s sole 18-hole private golf course.

Nirav Dalal, Business Head and Chief Investment Officer at Shapoorji Pallonji Real Estate, expressed, “The resounding success of VANAHA underscores our commitment to delivering exceptional products that reflect the trust and confidence our customers place in our brand. Golfland Phase 2 epitomizes our dedication to redefining Pune’s skyline and lifestyle. We are confident it will set new benchmarks in luxury living, driven by the unwavering support of our customers, inspiring us to exceed expectations continually.”

He added, “With the Pune real estate market witnessing a steady increase in luxury and premium launches, we anticipate further growth in 2024. Strong demand has led to appreciable price increments in the Pune market, making it an opportune time for homebuyers to invest.”

Strategically located near major IT hubs like Hinjawadi, Mahalunge-Mann Hi-Tech City Park, and Baner, VANAHA is an attractive prospect for professionals. Surrounded by established social and civic infrastructure, including prominent educational institutions, hospitals, and commercial centers, the development’s allure is heightened by the presence of the acclaimed Oxford Golf Course.

Enhancing connectivity further, upcoming infrastructure projects like Metro Line (No. 2) from Chandni Chowk to Viman Nagar, the proposed 10-lane National Mumbai-Bangalore Highway, the proposed 6-lane Paud-Mahad National Highway, the proposed 8-lane flyover at Chandni Chowk, and the proposed 14-lane wide Ring Road are poised to elevate accessibility for residents.