Project Overview

Type of HomeLuxury Apartments & Penthouses
LocationNIBM Road, Pune
Size of Total Project:12 Acres
Type of Units3 BHK & 4 BHK – Both options available either as Garden Apartments or in Penthouse format
No. of Floors12
Total No. of Units280
Expected Commencement & Completion DateProject is 60% complete and expected to be ready for occupation by June 2013
Sanctions StatusAll sanctiones received and project under construction.
Budget RangeRs.90 lakhs to Rs.1.75 crores based on size and format
Expected ReturnsAtleast 50% by completion of project.
USPsThis project is located in the most hot and happening location of Pune – NIBM Road (Downton Pune). 4 reputed schools and famous Corinthians Clubin the vicinity and just 12 kms to the airport.
 

G&C is pleased to bring to its patrons and their very close circle, an exclusive offer from a very reputed builder for their most prestigious residential project to date, in the lush green belt of NIBM Road, downtown Pune.

Pioneering new trends in the luxury real estate market, one of Pune’s top developers has introduced the concept of branded and couture residences – resulting in a bespoke residential project which offers the finest and best in luxury living. This project is created with a core focus on the minutest of details to offer the finest in luxury residences, garden homes, branded homes and penthouses.

Located in Pune’s most sought after location – NIBM Road, these homes offer varied choices from luxury to ultra luxury homes and at the locations of one’s choice.  The design and finesse of these homes will inspire and satiate the taste and love for luxurious living of the most discerning clientele. The developer plans to spare no expense in making this project, simply perfect to the detail.

Why invest in Pune?

Pune also known as the Oxford of east has shown impressive economic growth in the past few decades. Pune boasts of some excellent educational institutes along with key defence institutions. In the last decade a large number of companies have also made their presence felt in the city and several manufacturing and software companies have set up their development centres in this city. The rapid real estate growth in the city is reflected through the several residential as well as commercial properties that are mushrooming within the city. Along with excellent employment and educational opportunities, good weather and cosmopolitan population are some of the factors that have cause this phenomenal growth in the real estate sector. Industry experts indicate that residential space of around 1.76 million square feet is needed with the real estate sector recording compound annual growth of 51 percent.

Being an educational and IT hub, Pune attracts buyers and developers for residential properties and commercial properties as well. The residential property market in Pune is burgeoning owing to the fact that the city always keeps up its infrastructure with the developments going on in the city. In addition to the economical value of the city properties, governed by aforementioned factors, the pleasant weather, city administration and a cosmopolitan feel of the city also make it popular amongst the buyers.

Residential spaces in prime areas like Camp, Koregaon Park, Aundh and Baner continue to be in demand. However lack of space in these areas has prompted many property developers to shift their focus to the fringe areas of the city which include Mundhwa, Wagholi, Wanowrie, Nagar Road and Hinjewadi areas. With the development of infrastructure particularly roads, areas like Magarpatta, Kalyani Nagar (where G&C’s branch office is located), Viman Nagar, Kharadi & Wagholi have been well connected with the city and this has resulted in a great deal of demand for properties in these areas. One more location in South Pune named NIBM is also a very good investment destination as it has some of the best educational institutes of Pune, along with a host of upcoming retail and hospitality projects. With the rapid infrastructural development and economic growth, buying a property in Pune has become an excellent investment option. Real estate prices have recorded a consistent appreciation of 25% to 30% year on year. There is a growing demand for intelligent living spaces that provide upscale amenities at affordable prices.

Why invest in NIBM Road?

This project is located on NIBM Road which is today considered by leading developers and investors alike as one of the hottest areas of development in Pune. NIBM Road is home to the famous Corinthians Club, as well as some of the best schools of Pune like DPS, Vibgyor & Bishops and many management & engineering colleges. Also there are a number of proposed major hospitals and shopping malls under development. The government has taken up development of infrastructure in this area on a fast track basis leading to sudden spurt of many new roads which are making living in this area very convenient and comfortable in near future. Although people already know the growth potential of this area, leading developers have kept pricing very affordable and hence this is not just the best area in Pune to invest in, but its also the best time to invest.

The current going rate for an average apartment on NIBM Road is Rs.4200 per sft. Compared to the average apartment project, this project has the very best of luxurious amenities and specifications, and hence is a no-brainer investment at the current special price. Going by this benchmark, this project is very competitively priced with a lot of potential for capital appreciation of atleast 50% to 80% in the next 2 to 3 years.

Feature List

  • Italian Marble Flooring
  • Wooden Flooring
  • Modular Kitchen
  • International Standard Sanitary Fittings
  • Air Conditioning
  • Smart Card Access
  • Smart Home Automation
  • 3 High Speed Guest and Service Elevators
  • 100% Power Back Up

Project Description

In a lush and beautifully landscaped expanse, 6 magnificent towers – with 12 floors each with sky terrace – flaunt an elegant silhouette with their sophisticated facade and detailing. These towers boast of luxurious 3 & 4 bedroom residences of 1600 sft to 3400 sft and lavish 5 & 6 bedroom penthouse sky apartments of 4800 sft each.

Truly a symbol of stylish and luxurious living, these 3 and 4 Bedroom residences built on international standards come with super luxurious finishes. Lavish to say the least, your apartment features a spacious floor plan, with open-air terraces and sit-outs thoughtfully designed to let you enjoy the picture perfect views outside. This is complemented by equally spacious ensuite spa bathrooms emblemished with the most tasteful fittings and detailing.

These bespoke residences are designed keeping just one principle in mind – and that is of creating a luxurious, individual and distinctive experience. Each home has been conceived and crafted to create a new appraisal point for luxury living that is defined by 3 attributes – Calm, Comfort and Class.

The Club House

The club house of this project is one of its many highlights. As the outside the world rushes, here you can sit back and relax :

  • Swimming Pool
  • Fitness & Health Club
  • Yoga & Meditation Center
  • Sparkling Water Bodies and Landscaped Gardens
  • Squash Court
  • Kids Play Area
  • and much more.

Builder Profile

This developer is among top 3 builders of Pune and has completed projects totalling 50,00,000 square feet in Pune and Bangalore – and across multiple segments like residential, business and IT parsk, retail and hospitality and integrated townships.

The developer is ISO 9001:2000 certified and his record is as below :

Completed Projects : 13 residential + 12 commercial
Ongoing Projects      : 12 residential + 3 commercial

Return Matrix

Capital Investment 
i) If taking Bank LoanRs.25 lakhs to Rs.46 lakhs.
ii) If Self FundedRs.90 lakhs to Rs.1.75 crore
Investment Period2 years
Expected Target PriceRs. 7500 to Rs.8100/sft.
Return on Investment 
i) If taking Bank Loan130% to 170%
ii) If Self Funded34% to 45%

For more info, site visits and bookings, please contact :

Mr.Jatinder Singh Paul – 09921582556 – jay@gcglobal.in

Annexures

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