Deal typeJoint Development
Net saleable area~ 180,000 sq.ft
Project typeMid - segment residential apartments
Product Mix3 & 4 BHK apartments
Product configuration(Built-up area)3BHK - 2450 sq.ft4BHK - 2950 sq.ft
Investment commitment dateMar'14
Current status62% of capital invested has been repaid; All approvals received; Construction in full swings
A joint venture (JV) with the Pune based Pride Purple, Park Titanium is part of a 40-acre township "Park Street" in Wakad, Pune. The Project is the last leg of the township, which has now become one of the landmark developments of Pune. Park Titanium offers a mix of 3 and 4 BHK mid-segment residential apartments along with many amenities and an affluent community.
The project was launched in Jun' 16, post which the fund has been able to exit 62% of its capital invested in form of capital repayment. All approvals have been received and the construction on the site is under progress.
Pride Purple Group
With projects spanning across residential, commercial, retail and hospitality spaces, the Pride Purple Group has delivered more than 5.5 mn sq.ft. of real estate development across Mumbai, Pune and Bengaluru. Park Street, a 40 - acre township in Wakad, Pune has become one of the prominent landmarks of Pune.