Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, September 03 2021 - 09:00
Panchshil Realty Logs Record Sales Across Its Residential Portfolio In Pune
PUNE, India, Sept. 3, 2021 /PRNewswire-AsiaNet/ --

- Limited Inventory of Spacious, Ready-To-Move-In, Premium Homes and Branded 
Residences and Buyers' Preference for Large Homes Drive Strong Demand

Panchshil Realty, one of India's leading luxury real estate developers today 
announced that it has logged one of its strongest years on record in the sales 
of its high-end residential portfolio of homes in Pune. 

Sharing his perspective on the strong sales uptick, Mr. Sagar Chordia, 
Director, Panchshil Realty said: "Over the last 18 months, we've seen 
phenomenal sales growth across our residential segment on the back of extremely 
strong demand from Mumbai. 

"The lifestyle changes set in motion by the pandemic have significantly changed 
and shaped buyers' preferences. Home buyers are now seeking more spacious homes 
with enough individual space for each family member including the flexibility 
of being able to work from home. There is an increased focus on well-being and 
wellness that larger living spaces offer."

"There is a very limited supply of ready-to-move-in premium homes with areas 
above 2000 square feet like Panchshil typically offers. This, coupled with the 
fact that all our one-of-a-kind, premium homes and branded residences come with 
abundant community spaces and a range of lifestyle facilities and amenities, 
has contributed to this strong uptick in sales growth," he added. 

This spectacular sales growth was achieved despite various challenges posed by 
the pandemic including a sharp increase in the cost of key materials like 
steel, cement, aluminium and copper used as inputs in construction. To offset 
this massive hike in input costs, home prices were increased only by 10% to 12%.

Panchshil offers a one-stop solution to take care of all needs including 
leasing, buyers, especially find the purchase of a Panchshil home to be a very 
strong proposition overall. 

Panchshil's award-winning residential portfolio includes:

- Panchshil Towers [] is a premium 
residential development comprising 9 towers spread over 14 acres of land with 
60% open spaces where technology meets luxury. This project features 3.5 and 
4.5 bedroom-hall-kitchen apartments (BHK). Four of the 9 towers are 
ready-to-move-in and 250 families already live here. 

- yoopune [] is a stunning collection of 
ready-to-move-in 4.5 BHK branded residences designed by Phillipe Starck, the 
world's most renowned designer. yoo is synonymous with luxury property in prime 
locations across the globe. 

- YOO Villas Pune [] is 
India's first and only YOO branded ready-to-move-in villa enclave and is also 
the world's first-ever YOO Villas project styled by celebrated designer Kelly 
Hoppen. This project features 4 BHK and 5BHK options. 

- Trump Towers Pune 
[] features 
two striking glass facade towers of 23 stories each, with 46 spectacular 
single-floor 4.5 BHK residences. The interiors have been designed by leading 
Italian designer Matteo Nunziati. The project has a Platinum Certification by 
the Indian Green Building Council. 

- Eon Waterfront [] features exclusive 
4.5 BHK apartments and is located along the riverside.

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- 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 and Hospitality. 

- The Commercial [] portfolio includes 
Retail and Food & Beverage which includes built-to-suit office spaces, Special 
Economic Zones, IT parks, integrated workspaces, malls and mixed-use 

- Panchshil's Hospitality [] portfolio 
comprises around 1200 rooms with leading brands like The Ritz-Carlton, JW 
Marriott, Marriott Suites, Courtyard By Marriott, Oakwood and Double Tree By 

- 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.


Established in 2002, Panchshil Realty is one of India's finest luxury real 
estate brands. Renowned for leadership and excellence in real estate 
development, the Group's approach is focused on planned development, creating 
value assets, and crafting lifestyle experiences through design and 
architecture. For more information, please visit

Disclaimers: The pictures, images are for representative purposes only. The 
elevation and visuals are proposed and indicative and are subject to change. 
For more detailed disclaimers relating to each project, please click here 

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Source: Panchshil Realty