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Hiranandani Enters Pune With Rs 7,000 Cr Real Estate Potential
The Business Guardian
|February 21, 2025
Hiranandani Group has made its much-awaited foray into the Pune real estate market by inking its first-ever joint development deal of 105 acres with renowned Krisala Developers.
The project is located at North Hinjewadi, and will be developed under Integrated township policy, comprising of residential, commercial, and retail development, a joint statement said Thursday.
The total investment for the land assets of 105 acres, is valued at Rs 2,000 crores with an estimated revenue potential of Rs 7,000 crores, the statement asserted.
The joint development currently launches Phase I development spanned across 30 acres of land with a minimum potential of delivering 3 million square feet of real estate spaces.
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