State Bank of India (SBI) and Shapoorji Pallonji Real Estate on Thursday signed a Memorandum of Understanding (MoU) to enable an improved and more seamless experience for homebuyers across India. As part of the agreement, customers of SBI and Shapoorji Pallonji Real Estate will be able to avail the benefits of faster processing of home loans and approvals along with other unique value add schemes. “This collaboration with Shapoorji Pallonji Real Estate will create win-win business opportunities for all stakeholders. We sanction home loan in five days in all our approved projects, which is the key benefit for the customers apart from complete waiver of legal and valuation charges, said Shreekant, head and chief general manager of real estate and housing business unit (REHBU) vertical of SBI.
›Shapoorji Pallonji Real Estate to invest Rs 4,000 crore to develop mixed-use project in Pune’s Bavdhan
Shapoorji Pallonji Real Estate to invest Rs 4,000 crore to develop mixed-use project in Pune’s Bavdhan
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Shapoorji Pallonji Real Estate to invest Rs 4,000 crore to develop mixed-use project in Pune’s BavdhanBy
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The real estate development arm of the Shapoorji Pallonji Group real company will be developing over 6,000 premium apartments in this project.
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The project, VANAHA, will be part of one of the largest townships in India and will be executed in phases.
MUMBAI: Shapoorji Pallonji Real Estate is planning to invest around Rs 4,000 crore to develop a mixed-use development project spread across 148-acre land parcel in west Pune’s Bavdhan locality.
Shapoorji Pallonji to invest Rs 4,000 crore for real estate project in Pune
This premium mixed-use development by Shapoorji Pallonji will be executed in phases and will have more than 6000 apartments on completion
Real estate firm Shapoorji Pallonji Real Estate has announced the launch of a new real estate project near Bavdhan, West Pune, to be developed with an estimated investment of around Rs 4,000 crore.
The project named ‘VANAHA’ is spread across 148 acres of land. It will be a mixed-use development and will be a part of one of the largest townships in India, the company said.
This premium mixed-use development will be executed in phases and will have more than 6000 apartments on completion. In the first phase, over 600 apartments with various unit configurations consisting of 1, 2 and 3 BHK have been launched. The residences are available between the price range of Rs 39 lakh to Rs 89 lakh.