Adani Enters Pune, Launches Luxury Project In Koregaon Park

Adani Realty, the real estate subsidiary of business conglomerate Adani Group, has announced the launch of its first residential project in the Pune market. The company has plans to build the luxury project, Atelier Greens, at Koregaon Park. The project will have over 250 units in 2BHK, 3BHK and 5BHK configurations. These Vastu-compliant apartments equipped with world-class facilities and amenities will be available to buyers for a starting price of Rs 1.5 crore.

The project will have facilities, including a rainwater harvesting system, a vertical garden, multi-tier security, a banquet hall, indoor games facilities, an open amphitheatre, et cetera. The project is registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA).

About Adani Realty

Adani Realty already has 12 projects across Mumbai (2), Ahmedabad (7) and Gurgaon (3). Of these 12 projects, seven are ready to move in while remaining five are under construction. All these projects by Adani are available both in affordable and luxury category with prices starting from Rs 20 lakh in Adani Angan (Ahmedabad) to Rs 10.75 crore in Adani The North Park (Ahmedabad).

About Koregaon Park

Pune’s Koregaon Park is known to be the city’s premium real estate market offering well-developed infrastructure, strong connectivity and interesting leisure options. The locality is well-connected to other key localities, including Kalyani Nagar, Magarpatta City, Viman Nagar and Kharadi. The locality also lies in proximity to the international airport (6 kms) and city’s central station (4 kms). Prices in this locality, which is primarily known for its prime real estate offerings, have softened in the past four years making properties here more affordable for homebuyers. Data with PropTiger.com show average rate of property has declined over 3.9 per cent in the past four years. Currently, a square foot of space in this posh locality stands at Rs 14,521.