Shapoorji Pallonji Enters Plotted Housing With Pune Project

Shapoorji Pallonji Real Estate (SPRE), the real estate arm of the Shapoorji Pallonji Group, has officially entered the housing plot segment to tap into rising demand for plotted developments.

The company announced its foray on December 21 with the launch of Treetopia, a premium plotted development project in Pune that carries an estimated revenue potential of around Rs. 600 crore.

Spread across 105 acres, Treetopia comprises 483 residential plots with sizes ranging from 2,000 to 6,000 square feet.

Key Highlights

• SPRE launches its first plotted development project, Treetopia, in Pune
• 105-acre project with 483 plots targets Rs. 600 crore in revenue
• Located near Purandar International Airport, aimed at users and investors

The project is strategically located near the upcoming Purandar International Airport, enhancing its appeal to both end users and long-term investors seeking appreciation driven by infrastructure growth.

Until now, SPRE has been primarily focused on group housing projects across key Indian cities. With this launch, the company is diversifying its portfolio to include plotted developments, reflecting a broader industry trend where buyers increasingly prefer land ownership and flexible home-building options.

SPRE aims to cater to a diverse buyer base through Treetopia, targeting individuals looking to build custom homes as well as investors seeking long-term capital gains. The company highlighted that the project aligns with its strategy to respond to evolving customer preferences and market demand.

Sumit Sapru, CEO of Shapoorji Pallonji Real Estate (SPRE), said, "With growing interest among homebuyers in plotted developments, the launch of Treetopia marks an important step in strengthening our residential portfolio and expanding into this segment. With infrastructure projects reshaping the region's growth trajectory, we believe the Pune Growth Corridor will emerge as a high-potential micro-market."

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Currently, SPRE has a development potential exceeding 130 million square feet and maintains a strong presence across major property markets including Mumbai, Pune, Bengaluru, Gurugram, and Kolkata. The Pune plotted development marks a significant milestone in SPRE’s expansion strategy and signals further diversification of its residential offerings in high-growth regions.