Shapoorji Pallonji's platform Joyville to invest Rs 700 crore on new housing project in Pune
Business conglomerate Shapoorji Pallonji’s mid-income housing platform Joyville on Tuesday announced development of a new housing project in Pune, comprising over 1,100 flats, as part of its strategy to expand presence in major property markets.
Joyville is a USD 200-million platform by Shapoorji Pallonji Group, ADB, IFC and Actis to develop housing projects in India.
This is the sixth project of Joyville and third in the Pune property market.
In a statement, Shapoorji Pallonji said it has launched a new residential project ‘Sensorium’ in Hinjawadi, West Pune.
Spread over 10 acres of land, this project will have over 1,100 premium 2 BHK and 3 BHK apartments. These flats are available at all inclusive price of Rs 64.4 lakh onwards, it said.
