PR85761

PUNE, India, Sept. 24, 2020 /PRNewswire=KYODO JBN/ --

Panchshil Realty today announced that it has achieved strong sales growth and

seen excellent demand for its flagship residential project Panchshil Towers,

located in Pune's eastern IT corridor.

To view the Multimedia News Release, please click:  

https://www.multivu.com/players/uk/8769551-panchshil-realty-sales-at-panchshil-towers/ 

Over the last year, sales at Panchshil Towers have seen encouraging

double-digit growth in the domestic market and sales to NRIs have tripled. The

sales momentum has in fact picked up post the onset of the pandemic as

discerning home buyers are now seeking spacious and well planned homes.

Panchshil Towers' proximity to Kharadi is one of the many key drivers of sales

growth. Over the next 3 to 5 years the total office stock at Kharadi is

expected to reach 24 Million Sq Ft with 3,50,000 people expected to work there.

Panchshil Towers is a premium residential destination comprising 9 towers

spread over 14 acres with 60% open spaces.  3.5 and 4.5 bedroom-hall-kitchen

(BHK) residences are available here with typical apartments ranging in size

from 1900 square feet to 2200 square feet (all areas are RERA carpet areas).

(MahaRERA No. P52100002528)

Towers A, B, D & E are ready-to-move-in. Apartments at Panchshil Towers (Towers

A, B, D & E) start at INR 2.45* Cr. while apartments in the other towers start at INR 1.93 Cr.

Sharing his insights on the sales trends of Panchshil Towers, Mr. Sagar

Chordia, Director, Panchshil Realty said, "There has been an increase in demand

for larger homes and families want spacious homes to be safe and comfortable

post the pandemic. Besides, buyers are increasingly choosing ready-to-move-in

homes to fulfill their aspirations for better living in a community setting."

To know more about Panchshil Towers, please click here

[https://www.multivu.com/players/uk/8769551-panchshil-realty-sales-at-panchshil-towers/ ]

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. 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.For more information about Panchshil Realty, please

visit www.panchshil.com 

For sales enquires related to Panchshil Towers, Pune, please contact Himanshu

Rathore on +91-99230-55555 or via email at Himanshu.rathore@panchshil.com

For more detailed disclaimers about Panchshil Towers, please click here

[https://www.panchshil.com/panchshiltowers/disclaimer/ ].

Photo - https://mma.prnewswire.com/media/1279116/Panchshil_Towers_Clubhouse.jpg   

Infographic - https://mma.prnewswire.com/media/1279115/ADVANTAGE_KHARADI_Infographic.jpg 

Infographic - https://mma.prnewswire.com/media/1279117/Key_Drivers_Infographic.jpg 

Infographic - https://mma.prnewswire.com/media/1279118/Sales_Trends_Infographic.jpg 

Logo - https://mma.prnewswire.com/media/1042836/Panchshil_Realty_Logo.jpg 

SOURCE: Panchshil Realty