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NEW DELHI: Shriram Properties (SPL) has entered a joint development agreement for a residential project spanning 0.7 million sq ft in Hinjewadi, Pune.
According to Akshay Murali, Vice President of Business Development at Shriram Properties, “Pune continues to demonstrate strong demand fueled by its robust IT and industrial sectors. We are thrilled to expand our footprint in Pune.”
The project will feature 6.5 lakh sq ft of residential apartments, along with retail and commercial spaces, resulting in a total saleable area exceeding seven lakh sq ft. It has an estimated gross development value (GDV) of ₹700 crore.
This marks SPL’s second venture in the city.
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