22nd Febuary, 2019: Real estate investor Peninsula Land Ltd has announced their launch of the second phase of the cost effective luxury venture, addressOne Central Park, at Pune, offering over 600 apartments of one to three-BHK configurations, priced from Rs 19 lakhs onward.
The enterprise said that it proposes to invest Rs 160 crores in the project, which will offer five types of apartments, priced from Rs 19 lakhs. AddressOne is Peninsula Land’s first under budget luxury project in Pune project has been. In the first phase of the project in 2018, the company launched approximately 900 units.
Rajeev Piramal, vice-chairman and managing director, Peninsula Land Ltd spoke about the launch and said, “We are very thrilled about the launch of Central Park, after getting an overwhelming response for our phase one launch. We plan to invest a further Rs 160 crores, in developing 600 apartments in the second phase. At Peninsula Land, we follow the motto of providing homes that are cost effective and yet offer lavish lifestyle with extravagant amenities to our clients. According to the interim budget, to encourage ‘Housing for All’ initiative, the government has proposed a sehousing sector.” of tax reforms when it comes to the real estate section. This will definetly upsurge the demand for the affordable housing segment. This PMAY (Pradhan Mantri Awas Yojana) certified, which will authorize the house purchaser to an interest subsidy upto to project is also Rs 2.67 lakhs.
Peninsula Land Limited, unit of the Ashok Piramal Group, disclosed the launch of the second phase of addressOne Central Park in Gahunje, Pune, where it plans to develop over 600 apartments. Spread across 5.26 acres of land, addressOne Central Park is located on the Mumbai-Pune Expressway on the Pune side, next to the MCA cricket stadium.
The enterprise said that it proposes to invest Rs 160 crores in the project, which will offer five types of apartments, priced from Rs 19 lakhs. AddressOne is Peninsula Land’s first under budget luxury project in Pune project has been. In the first phase of the project in 2018, the company launched approximately 900 units.
Rajeev Piramal, vice-chairman and managing director, Peninsula Land Ltd spoke about the launch and said, “We are very thrilled about the launch of Central Park, after getting an overwhelming response for our phase one launch. We plan to invest a further Rs 160 crores, in developing 600 apartments in the second phase. At Peninsula Land, we follow the motto of providing homes that are cost effective and yet offer lavish lifestyle with extravagant amenities to our clients. According to the interim budget, to encourage ‘Housing for All’ initiative, the government has proposed a sehousing sector.” of tax reforms when it comes to the real estate section. This will definetly upsurge the demand for the affordable housing segment. This PMAY (Pradhan Mantri Awas Yojana) certified, which will authorize the house purchaser to an interest subsidy upto to project is also Rs 2.67 lakhs.
Peninsula Land Limited, unit of the Ashok Piramal Group, disclosed the launch of the second phase of addressOne Central Park in Gahunje, Pune, where it plans to develop over 600 apartments. Spread across 5.26 acres of land, addressOne Central Park is located on the Mumbai-Pune Expressway on the Pune side, next to the MCA cricket stadium.
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