Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, September 24 2020 - 16:30
AsiaNet
Panchshil Realty Celebrates Strong Sales Growth at Its Flagship Residential Project-Panchshil Towers, Pune
PUNE, India, Sept. 24, 2020 /PRNewswire-AsiaNet/ --

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
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