Lodha, India’s largest developer’s property, Lodha One Bund Garden, is now the most expensive penthouse in Pune with the recent sale of its Emperor Palace penthouse of INR 37cr. Stretching across 12,000 square feet, providing a picturesque view of the sprawling 500 acres of greenery, this is the city’s first penthouse at the top of a residential tower.
Over the last two years (April 2022 to date), Pune has seen 32 apartment registrations in the luxury segment, valued above INR 10cr (agreement value). The highest value of which was INR 18.5cr. Post-registration on RERA, the Lodha One (Bund Garden) penthouse, with a per-square-foot price in the range of INR 28,000-29,000, becomes the most expensive in this segment.
Lodha One is the developer’s first luxury project in Pune, as the city is experiencing a notable shift in demand towards luxury gated residential communities equipped with the world’s finest homes, imbued with exceptional 5-star amenities and services. Lodha’s move with Bund Garden comes as a response to meeting this demand and the rising scarcity of land in Pune.
Seated atop a residential tower, Lodha One Bund Garden is spread across 3 levels with features like a private terrace and pool for the homeowners. Exclusive services are provided by Lodha’s private hospitality service, Saint Amand, catering to all hospitality needs of the residents. It is designed by Singapore-based, Sitetectonix firm in alignment with Lodha’s philosophy.
