This big builder enters Pune with a 2 billion investment
Real Estate

This big builder enters Pune with a 2 billion investment

Recently, Merlin Group forayed into Pune with a focus on commercial and residential projects. Headquartered in West Bengal, the company also has units in Ahmedabad, Raipur, Chennai and Colombo. Saket Mohta, Managing Director, Merlin Group, shares more on the company’s plans and investments in Pune, its approach towards adopting the latest technology and skilling, expansion plans and more….

Tell us more about your recent announcement of investment of Rs 2,000 crore in Pune.
We will be investing Rs 2,000 crore in Pune in the next five years towards a number of commercial and residential projects. We have launched a boutique tower with offices and retail as a commercial project named Project 18 East in Koregaon Park Annexe, the business hub of Pune. We have acquired the development rights in a large parcel of land in Baner and have completed the planning of about 4 lakh sq ft of office spaces in upcoming projects and about 4.5 lakh residential area. We are working on developments with a mix of mid-segment and premium projects. Our next projects are coming up in the Wakar, Baner and Jambulwari areas. In Wakar, we will set up a mid-segment residential project of around 1.5 million sq ft with high street retail. In Baner, it will be a mix of A-grade commercial spaces and a premium residential project. In Jambulwadi, we are contemplating budget residential development.

To read the full article, CLICK HERE

Recently, Merlin Group forayed into Pune with a focus on commercial and residential projects. Headquartered in West Bengal, the company also has units in Ahmedabad, Raipur, Chennai and Colombo. Saket Mohta, Managing Director, Merlin Group, shares more on the company’s plans and investments in Pune, its approach towards adopting the latest technology and skilling, expansion plans and more…. Tell us more about your recent announcement of investment of Rs 2,000 crore in Pune. We will be investing Rs 2,000 crore in Pune in the next five years towards a number of commercial and residential projects. We have launched a boutique tower with offices and retail as a commercial project named Project 18 East in Koregaon Park Annexe, the business hub of Pune. We have acquired the development rights in a large parcel of land in Baner and have completed the planning of about 4 lakh sq ft of office spaces in upcoming projects and about 4.5 lakh residential area. We are working on developments with a mix of mid-segment and premium projects. Our next projects are coming up in the Wakar, Baner and Jambulwari areas. In Wakar, we will set up a mid-segment residential project of around 1.5 million sq ft with high street retail. In Baner, it will be a mix of A-grade commercial spaces and a premium residential project. In Jambulwadi, we are contemplating budget residential development. To read the full article, CLICK HERE

Next Story
Infrastructure Urban

India’s Fastest-Built Structure!

Founded in Greater Noida in 1999, EPACK Prefab, one of India’s leading pre-engineered building (PEB) companies, has constructed India’s fastest-built factory in a record time of just 150 hours. This factory will act as EPACK’s assembly unit and is located in Mambattu, Andhra Pradesh. It spans 151,000 sq ft and was built with a budget of Rs.19 million, with a total structure tonnage of 496 million tonne (mt).Rise of prefabricated buildingsPrefabricated buildings, commonly known as prefabs, are structures made up of components such as walls, roofs and floors that are produced in a factory...

Next Story
Technology

3D Sustainable Construction

Founded in 2016 by IIT-Madras alumni, Tvasta is pioneering the transformation of construction through 3D printing. By creating  an end-to-end technology stack,  the company focuses on faster, cost-effective and sustainable solutions, redefining industry practices and setting benchmarks for innovative, green construction methods. VS Adithya, CEO and Co-Founder, Tvasta, shares his vision, journey and long-term goals in conversation with  R SRINIVASAN. Excerpts:Please share the Tvasta journey, the source of inspiration, why this name was chosen and how the funding ha..

Next Story
Infrastructure Urban

With a strong international presence, we are poised for further expansion

EPC company Varindera Constructions (VCL) has completed 31 construction projects in the past 10 years with 20 ongoing projects in India and overseas as in March 2024. Varinder Kumar Garg, Chairman, shares factors behind the company’s stellar performance in its residential, commercial, metro, railway and institution projects and the material magnitude of the Hasimara Air Force Station project, which plays a key role in deployment and operations of Rafale jets in India, as well as his perspective on the latest technologies, sustainability, skill shortage and the company’s internati..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000