Panchshil Realty Logs Record Sales Across Its Residential Portfolio In Pune
PUNE, India, Sept. 3, 2021 /PRNewswire/ -- 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.
- "There is a very limited supply of ready-to-move-in premium homes with areas above 2000 square feet like Panchshil typically offers.
- Panchshil Realty's total completed real estate portfolio is around 23 million square feet with another 20 million square feet under development.
- 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.