Project Watch: Panchshil Towers, Pune [Infographic]

If you are looking for a home in any luxury project in Pune, Panchshil Towers is a good option to consider. The builder of the luxury project in Pune is Panchshil Realty, and the project is located in Karadi, a fast developing suburb in the eastern division of Pune. Is it a good choice to invest in? Let us find out:

The product 

Panchshil Towers is spread on 17 acres, and offers 186 units of 3BHK, 4BHK and 5BHK apartments, the sizes of which range between 2,685 sq.ft. to 8,246 sq.ft. It has nine towers with stories each. The interior of the upcoming apartment in Pune will have stylish flooring, intercom center, granite slabs in kitchen and huge windows and ventilators.

Some amenities that the project offers for a comfortable living are:

The builder

Panchshil Realty is a leading name of the real estate sector in Pune and it is known for building commercial and residential projects. It commenced its operations in 2002, and the builder has successfully delivered more than 14.5 million sq.ft. of prime real estate.  Panchshil Realty is at present working on another 17.4 million sq.ft. for residential, commercial and hospitality purposes. It is known for its quality of work and timely completion of the ventures.

How to reach

Panchshil Towers, Pune is located in Kharadi, a small suburb. It enjoys good road connectivity with other parts of the city. The social and civic infrastructure of the area is good with health care centers, educational institutions, parks and other leisure zones.  

Locational advantage

The railway station is 14.8 km away and the airport at a distance of 14.5 km. Koregaon Park and Kalyani Nagar are at a distance of seven minutes drive. Educational institutions located nearby include Phoenix World School, Raisoni College, Dhole Patil College of Engineering, etc.  Major hospitals in the area are Nobel, Colombia Asia and Shyadri.

Infrastructure and future prospects

Panchshil Towers has major IT hubs and industrial units in the vicinity. The neighborhood of Kharadi comprises areas like Magarpatta City, Hadapsar, Wagholi, Viman Nagar, Chandan Nagar and Koregaon Park. Many top builders are developing several residential and commercial properties in and around the area. The price trend of the area has shown a rise of 30% in the last six months.

Price comparison

The apartments in Panchshil Towers are available at an average price of 7,500 per sq.ft. compared to average price of Rs. 5,443 per sq.ft. in Kharadi. The other projects of the area such as Pashankar Group and Gera Trinity Towers are priced at Rs. 6,101-6,100 per sq.ft. Panchshil Towers appears to be expensive, but if we consider the luxury project and the amenities it offers, it is a good value for the money.    

PropTiger.com's rating

    Overall recommendations

Considering the Panchshil brand and its past deliveries, Panchshil Towers is a good bet to put your money in. It is expected to give good returns on investment.

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