Shriram Properties has entered a joint development agreement for a 6 Acres of land parcel in Undri, Pune.
The site will house a mixed-use development with over 650 apartments and retail/commercial spaces. Spread across more than 1 Million-SqFt of saleable area, the project will be completed over the next four years. With an estimated revenue potential of 700-750 INR-Crore, the project aims to make a significant mark.
Also Read: Upcoming Luxury Residential Project – Wave by Raghava, Hyderabad, Telangana
Shriram Properties plans the project’s official launch in Pune during H2 FY 2024-25. Murali Malayappan, Chairman and Managing Director of Shriram Properties, emphasized that this investment aligns perfectly with the company’s asset-light strategy for accelerated growth.
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