Sunday, 9 December 2012

The Rise of Excellence in Indian Real Estate

Real Estate in India is reaching newer levels; the industry is not only seeing an upside in terms of profits but the standards are also improving. Developers across the country are bringing concepts that are never seen earlier. The definition of luxury properties in India are changing rapidly. A F1 track, golf course, lakes and spas in your society seems impossible? Well, think again, it has been done and there is no stopping there. Developers here do not believe in any half-measures anymore. They are building taller, smarter, better and the customers are banking all the profits.

Real estate in Mumbai and Delhi has always been very aggressive, but in the recent years cities like Noida and Pune have overtaken these cities. Pune, once a quiet pensioner’s paradise is now alive and kicking with intense activity. Slowly developing in India’s IT / ITes capital, everyone wants to own a home in the City of Peshwas. Properties in Pune are becoming plush, celebrity designers and five star amenities are becoming common now. Panchshil Realty, developer of many luxury properties in India has roped in celebrity designers Twinkle Khanna and Philippe Starck for their projects One North and yoo Pune. yoo Pune is built in collaboration with yoo studios, who are the designers of world’s top notch projects. Everyone has heard about Donald Trump and Trump Organization and Panchsil Realty have got them to India. Panchshil is building Trump Towers in city’s most upscale neighborhood.

Luxury properties in India are now coming up everywhere but there are some builders who specialize in creating them and Panchshil is one of them. Pune's premier real estate developer having commenced its operations in 1996. The company has successfully delivered over 12 million sq ft of prime real estate over the last decade and currently has 21 million sq ft under development across multiple asset classes. Panchshil’s portfolio spans across high-end residential developments, IT parks, built-to-suit office space, special economic zones (SEZ), hotels, convention centers and luxury retail malls

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