Shapoorji Pallonji Real Estate (SPRE) launched VANAHA Verdant, a new residential cluster in its star 1,000 acre integrated township close to Bavdhan, Pune. With more than 2,000 mid-segment apartments sold at Rs.1,800 crore in the larger township, the launch highlights increased demand for lifestyle-driven housing across India's urban centers.
Sriram Mahadevan, MD Joyville Shapoorji Housing and CEO SPRE, highlighted the vision of the project: "With VANAHA Verdant, we are not merely launching another project but creating a new way of life in Pune. Its closeness to nature, embedded commercial spaces, and low-density design mirror what homebuyers of today cherish most: equilibrium, accessibility, and sustained value.”
Key Highlights-
VANAHA Verdant has been created to cater to changing consumer tastes for wide, nature-oriented living after the pandemic. Coupled with business areas and contemporary facilities, it reflects the growing demand for self-sustaining, health-focused communities.
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The development comes at a time when India's real estate markets are rebounding strongly. Post-COVID, cities such as Delhi-NCR, the Mumbai Metropolitan Region, Bengaluru, Chennai, Hyderabad, Kolkata, and Pune have experienced an immediate leap in both demand and property prices, especially for projects delivered by reputed developers.
SPRE, a part of the multi-business Shapoorji Pallonji Group, has presence in prime metros of Mumbai, Pune, Bengaluru, Gurugram, and Kolkata with a total development potential of more than 130 million sq. ft.
With urban homebuyers valuing wellness, nature, and connectivity, VANAHA Verdant creates a new benchmark in master-planned, nature-oriented living in Pune's rapidly growing reality environment.
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