Shapoorji Pallonji Real Estate on Monday said it expects Rs 525 crore sales revenue from its new luxury housing project in Mumbai. The company has launched Shapoorji Pallonji SKYRAA – a luxury residential project in Thane. A high street retail zone of around 40,000 square feet will also be developed within the project premises.
Residences are available between the price range of Rs 2.44 crore to Rs 3 crore, excluding other charges. ”The company is expecting a total sales realization of around Rs 525 crore from the new launch,” Shapoorji Pallonji Real Estate said in a statement. Venkatesh Gopalkrishnan, CEO, Shapoorji Pallonji Real Estate, said, ”We have witnessed a steady demand for spacious luxury homes in the last couple of months, which indicates a shift in the post-pandemic consumer behavior in Thane market”. Shapoorji Pallonji Real Estate, which is part of the Shapoorji Pallonji group, has a presence across major cities.
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First Published: Feb 28, 2022 5:15 PM IST
