Deal typeJoint Development
Net saleable area~ 120,000 sq.ft
Project typeMid - segment residential apartments
Product Mix2 BHK apartments
Product configuration(Built-up area)2BHKS - 750-800 sq.ft2BHKL - 800-925 sq.ft
ArchitectsTKS Design Services
Investment commitment dateDec' 15
Current statusAll approvals received; Currently at pre - launch stage; Formal launch expected shortly
A joint venture (JV) with Pune based Darode jog Properties, Q Homes offers mid - segment apartments in Kothrud, a prime location in the heart of Pune. The project would offer mid - sized 2 BHK apartments targeting the local community of Pune with ticket size per apartment being under ₹ 1 cr. The project has received all approvals and is currently at the pre - launch stage. Given the lack of supply in the bustling area of Kothrud, the project is expected to fetch strong sales response from the Pune market.
One of the oldest and renowned developers of Pune, Darode - Jog Properties has delivered more than 2.5 mn sq.ft of built - up space and has another 1.8 mn sq.ft in the pipeline. Other financial partners of the group include Piramal Group, ASK and LIC.