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Merlin enters Pune real estate market

BUSINESS ECONOMICS

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August 1 - 31, 2022

West Bengal-based Merlin Group, one of the leading recently forayed into the Pune real estate market.

- Saptarshi Deb

Merlin enters Pune real estate market

The group is all set to change the skyline of the city with an array of ambitious projects.

Merlin is one of the most trusted brands for nearly four decades and has developed over 20 million sq. ft. of projects in Kolkata alone with presence in Chennai, Raipur, Ahmedabad, and Bhubaneswar and in Colombo, Sri Lanka. The group is planning to set its footprint in the real estate landscape of Pune with over 30 lakh sq. ft. of proposed inventory. The group is coming up with a host of premium residential and commercial projects in Koregaon Park Annexe, Wakad, Baner, and Jambhulwadi.

To mark its entry, the group announced the launch of 18 East, a plush commercial changing project in office and showroom spaces at Koregaon Park Annexe. Strategically located on Pune's highly premium location of Koregaon Park Annexe, the project is a commercial development which will host many corporate houses. The construction work of this project has already started and the project will be ready by 2025.

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