The current global scenario has become better for most industries and the great depression is the thing of the past, real estate developers of Pune are looking ahead for increase in rewards. It is predicted that the real estate sector in India will do better than expected and slated to grow by 8.5 percent in the current fiscal. The growth is courtesy the never quenching demands of properties in Tier I cities of Mumbai and Delhi and Tier II cities such as Bangalore, Pune and Chennai. It is also seen that preferred configurations are 2BHK in the city and 3BHK in the outskirts. So if you are waiting for an upcoming project by a real estate developer in Pune to buy an apartment, you are up for a great surprise.

Pune properties have seen great escalation in the recent years and the prime reason has been the city’s industrialization and the promise of better employment. Industrialization has increased the requirements of luxury apartments in Pune and developers are leaving no stone unturned to milk the opportunity. The Government of Maharashtra has also ensured that in the race of industrialization, the economically weaker sections are not left in a lurch. The proposed Maharashtra Housing Regulatory Development Act ensures that the developers in Pune and rest of Maharashtra have to keep 20% of their total Floor Space Index (FSI) for the people from the low-income group. This would ensure housing for everyone in the rapidly developing Pune; these flats will be allotted to people on the basis of lottery.

Further, MHADA will take five percent commission and give the rest of the money to the developers. Although, it yet to be seen if the real estate developers in Pune take it as a positive move. But most of the prime real estate developers of Pune know their responsibility towards the society, and therefore they are involved in many Corporate Social Responsibility (CSR) initiatives. Panchshil Realty, one of Pune’s most premium real estate developers has always been socially responsible.

Since commencing operations in the year 1996, Panchshil Realty has developed 10 million square feet of prime residential and commercial properties. The portfolio of this developer in Pune spans across high-end residential developments, IT parks, built-to-suit office spaces, special economic zones (SEZ), hotels, convention centers and luxury retail malls. Its projects in Pune include One North, Casa 9, Eon Waterfront, W Villas, The Residence, 86 Banyan Tree and yoopune. With an excellent team of skilled professionals, it is hardly rocket science to understand why Panchshil Realty is calling the shots when it comes to real estate Pune!

High-end residential apartments are surprisingly much in demand among properties in Pune. Is it a general trend across the country? Who really asks for premium luxury properties in India? Let’s take an overview of some aspects of residential development in emerging India with a peek at and in connection with Pune properties. According to a recent report published by the Knowledge Company, there are around 1.6 million luxury households in India and this number was likely to cross 3 million by 2010. Each household earns about 45 lakh per year and they spend about Rs 4 lakh per year on luxury and 'very premium' goods and services. (Source Courtesy- Times of India) Moreover, the number of luxury households is growing at 14% on a year on year basis. Wow! Impressive, isn’t it? All the same, it goes to show that Indians are surely getting richer and choosy when it comes to properties!

Moreover, most of the present day high end consumers are senior executives and CEOs, repatriating NRIs, progressive entrepreneurs, franchisees and multi-level self employed retailers. They demand up-market living spaces with prize finish, superior layouts and intelligent execution of quality furnishings and life-style defining amenities. Panchshil Realty has perfected the art of sophisticated living in their lavishly designed flats in Hadapsar in the form of yoopune. This builder in Pune exactly knows what this segment of population wants.

yoopune by global design brand Yoo has world class amenities and concepts. It has been designed by Phillipe Starck and the architect of this project is Bill Bensley. Spread over 17 acres including a 5 acre rainforest, yoopune presents inspired living in spacious 5100 sq. ft – 6900sq. ft homes replete with a home theatre option! The exceptionally grandiose trend is also carried forward at Panchshil Realty’s Casa 9 flats at Baner, near Hinjewadi. The 9 storied towers offer panoramic views of the lush green environs around the city. Casa 9 two BHK apartments near Hinjewadi are ideally suited for the eco-conscious generation with cotemporary preferences of design and décor.

Panchshil Realty activities cruise along, paralleling across high-end residential developments, IT parks, built-to-suit office spaces, special economic zones (SEZ), hotels, convention centers and luxury retail malls. Their developments comprise some key landmarks of tomorrow’s Pune such as the International Convention Center, South Asia’s largest composite trade and convention centre, internationally-managed serviced apartments at Oakwood etc. Panchshil Realty has, in all the choicest of Pune properties on offer!

India is on a fast track to growth and Indians have long since outgrown the paradigms of modesty in terms of lifestyle determinants. Opulent living has become a steady and rising trend amongst Indians and so has the demand for luxury apartments in Pune and other tier II cities. While the Tier I metro cities primarily attract the best builders in the business to build their high-end homes, Tier II cities other than Pune too are jumping on to the bandwagon and are having a bullish run as far as growth is concerned.

To talk about Pune, with most of the factors like amenable climate, decent infrastructure, techno-rich work environment and a legendary socio-cultural backdrop, the city ranks high in the list of happening destinations for the elite. Add to this the presence of reliable real estate developers in Pune like Panchshil Realty and Voila! You get quality residential properties in Pune.

Panchshil understands the needs of its esteemed customers like none other. Premium living spaces with superior finish, style define the luxury quotient of their inhabitants. Innovative design layouts and state-of-the art paraphernalia inter-woven to perfect harmony mark luxury apartments in Pune by Panchshil Realty.

In partnership with some of the prestigious consultants across the globe like yoo, London, Bill Bensley Studios, Bangkok, and Elbit Imaging, Tel Aviv; Panchshil has created an enviable assortment of premium luxury residential spaces in Pune. Let’s take a look at “yoopune”, for example. yoo Pune has been designed by Philippe Starck, one of the most celebrated designers internationally. These premium apartments in Hadapsar, Pune are available in the configuration of 5,100 - 6,900 sq.ft. For those who cannot live without their daily dose of entertainment have the option of adding a state of the art home theatre room. 

The Address is another example of fine living residences in Pune with stunning five-bedroom apartments that range in size from around 4500 to 4800 square feet. These luxury flats on Boat Club Road have been designed very carefully, keeping in mind comfort, luxury and convenience.

This feature involving intelligent and thoughtful design, with sensitivity towards environment applies to all the other projects in Pune by Panchshil Realty, like The Residence, One North or Eon Waterfront. All of them have these aspects as the common thread running through them.  All this proves the fact over and over again that luxury apartments in Pune by Panchshil Realty are simply some of the finest Pune properties!