139 0 Kommentare Panchshil Realty Sees Significant Increase in Interest From Non-Resident Indians for its Premium Homes and Branded Residences - Seite 2

MAHARERA No. P52100004202

Sharing his insights into this trend of increased interest from NRIs, Mr. Sagar Chordia, Director, Panchshil Realty said, "Panchshil has been the pioneer in bringing prestigious branded residences by global brands like yoo and Trump to Pune and, discerning apartment buyers find the overall proposition of buying a ready-to-move-in Panchshil home, extremely attractive and compelling. NRIs too are increasingly preferring ready-to-move-in homes. Moreover, we assist home owners in leasing out their apartments thus ensuring that the asset is utilised and is generating revenue for the owner in the interim."

Highlights:

Panchshil Towers, has seen close to 600 apartments sold and around 100 apartments have already been handed over to owners, even as many of the first residents have moved in and started living there.
Tower-I, the 9^th wing has been launched at Panchshil Towers and bookings are now open.
Eon Waterfront has seen good demand and Tower-F has just been launched and bookings are open.

Kharadi District

Panchshil has a sizeable presence in Kharadi which is located along Pune's eastern corridor. Kharadi has evolved into a full-fledged IT hub and a bustling business district with the who's who of IT and ITeS companies present here. Panchshil Realty has a 6.5 million square feet Special Economic Zone spread over 2 phases, EON Free Zone-1and EON Free Zone-2. In addition, Panchshil's World Trade Centre spread over 1.8 million square feet is the definitive address for international businesses in India. Kharadi is a mere 10 km away from Pune Airport and prime neighbourhoods like Magarpatta, Hadapsar, Kalyani Nagar, and Koregaon Park are all within its reach. Kharadi's social infrastructure includes hospitals, schools, malls, and other amenities continue to be set up. Cityhub, at the World Trade Centre, is Pune's next big social hub featuring a variety of cafes, restaurants and lounges, provides relaxation avenues both during and after-office hours.

Panchshil's Businesses – Key Highlights

Panchshil Realty's total completed real estate portfolio is around 23 million square feet with another 20 million square feet under development.
Panchshil Realty's three main business verticals are:

Residential
Commercial, Retail and Food & Beverage which includes built-to-suit office spaces, Special Economic Zones, IT parks, integrated workspaces, malls & mixed use developments.
Hospitality portfolio comprising around 1200 rooms with leading brands like The Ritz-Carlton, JW Marriott, Marriott Suites, Courtyard By Marriott, Oakwood and Double Tree By Hilton.

A significant chunk of Panchshil Realty's office portfolio is anchored by Blackstone Real Estate Private Equity Fund, sponsored and managed by Blackstone Group LP.