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Project currently in progressed stages of design, excavation completed and tenders for RCC and facades are in process.
Planned opening by end of October 2009 after completion of fit outs in the shops.
The property is located in the city of Pune, situated
approx
180 Km. SE of the city of Mumbai, west India, in
the state of “Maharashtra”. The site
is located on the in the east area of the city on
the North main road of Koregaon Park district area
which is considered to be one of the most prestigious
locations in Pune city.
The city of Pune, population of approx 5 Million,
is under massive market property boom, transforming
from a small town, to a metropolitan, recording
nearly 40% growth in residential and commercial
real estate in the years 2005-2006, largely driven
by the IT sector, as the universities in the city
are well known and famous all over India.
An estimated 75% of all commercial space in Pune
is occupied by the InfoTech industry, with the BPO
and IT workforce drawing attractive salaries, the
demand for high end houses and shopping centers
is escalating by the day.
:
- Plot size: 24,276 sqm
- Built area-Mall (Including Supermarket ):
39,000 sqm.
- Built area-Office (9 floors-FSI pending ):
15,500 sqm
- Parking area and technical (*): 53,800 sqm.
- Total built up areas: 108,000 sqm.
(*) Underground parking
area for cars and two wheelers in 3 levels (~900
parking places for cars), Parking capcity taken
much above the local Indian code, for better service
for the mall visitors.
:
- The land use was formally changed from agriculture
to mixed use during the year 2006.
- Layout sanction was granted for the project
during the month of May 2007. The process of
building sanction is in process and expected
by the September 2007.
- The planning is done in compliance to the
PMC (Pune Municipal Committee) rules and regulations,
in respect of permissible areas (FSI free areas,
etc.), floor heights, building set backs, etc.
Concept for Architectural Design Services
Uri Shetrit- Israel
Architectural Design Services
I Chaney and Associates
Architectural Services for Regulatory Approvals
Deshpande – Dixit Associates
Structural Consultants
Y. S. Sane Associates
Engineering Consultants-Services
Spectral Services Consultants Pvt. Ltd.
Landscape consultant
Nilima and Vikas Bhosekar Associates
Pune Municipal Corporation
A.N. Prakash
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