Top 5 Developers In Pune
The residential real estate markets in Pune are attracting the attention of developers. Homebuyers find the city appealing because it is near Mumbai. Relatively lower real estate prices, good educational institutions, pleasant weather, and virtually low crime rates make the city a perfect place to live. Pune is also part of the government's smart cities mission. This is why many real estate investors are interested in the city. The demand for real estate in Pune is likely to rise, because more and more people are likely to migrate to the city. So, developers are constructing more residential projects in Pune
PropGuide lists the best five developers in Pune. Developers are ranked according to the number of units sold from January 2016 to June 2016.
Mantra Properties
Mantra Properties is number one in the list, with 692 units sold from January to June 2016. It was founded in 2002. Mr. Puranchand Agarwal is the director of Mantra Properties. Of the 13 projects covered, nine are ongoing projects. The completed projects of Mantra Properties include Mantra Properties Majestica, Mantra Properties Yashodhan and Mantra Properties Omega Retreat.
Kolte Patil
Kolte Patil is at the second positon, with almost 650 units sold from January to June 2016. Rajesh Patil, the Chairman and Managing Director of the organization leads Kolte Patil Developers Ltd. (KPDL) . Kolte Patil has built 76 projects, of which 32 are ongoing projects. Kolte Patil is a winner of Realty Plus Excellence Awards 2013. The Government of Maharashtra also gave the award for the best IT infrastructure for Giga Space of Kolte Patil. The completed projects of Kolte Patil include Kolte Patil Langston, Kolte Patil Dew Drops and Kolte Patil 24K Allura.
Kohinoor Group
Kohinoor Group is the third in the list, with 626 units sold from January to June 2016. The Kohinoor Group was founded in 1983. Mr. Krishna Kumar Goyal leads the group. The group has been in the business for the past 33 years. The number of projects covered in the survey are 16, of which 4 are ongoing. The completed projects of the Kohinoor Group are Kohinoor Group Shangrila, Kohinoor Group Latis, Kohinoor Group Nano Homes and Kohinoor Group Madhav Baug.
Paranjape Schemes
Paranjape Schemes sold 520 apartment units from January to June 2016. Paranjape Schemes was founded in 1987. It is led by Shrikant Paranjape, chairman of the company and Shashank Paranjape, the Managing Director. The group has completed 170 projects in western Maharashtra. The completed projects of Paranjape Schemes includes Paranjape Schemes Punarvasu, Paranjape Schemes Yuthika and Paranjape Schemes Sky One.
Majestique Landmarks
Majestique Landmarks at the fifth position, with 432 units sold from January to June 2016. Dwarkadas Maheswari founded the group in 1975. The group has many production facilities based in Varanasi, Surat, Bengaluru, Mumbai and 30 other retail outlets. In 2007, the group ventured into real estate under the leadership of Manish Maheshwari. The group has completed 12 projects so far, of which 9 are ongoing projects. Majestique Landmarks Miami and Majestique Landmarks Skypark are some of the completed projects of Majestique Landmarks.