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Shapoorji Pallonji Aims Rs 500 Cr Revenue From Bengaluru Project

Shapoorji Pallonji Aims Rs 500 Cr Revenue From Bengaluru Project

BY Realty Plus
Published - Friday, 01 Mar, 2024
Shapoorji Pallonji Aims Rs 500 Cr Revenue From Bengaluru Project

Shapoorji Pallonji Real Estate, one of India’s most trusted real estate brands, proudly announces the launch of Sequoia, the last tower at Parkwest 2.0, located in Binnypet, Bengaluru. Following the success of making more than 2500 apartments, Sequoia emerges as the final jewel in Binnypet's real estate crown, marking the completion of this luxurious ~46-acre oasis of green in central Bengaluru. The launch signifies the company's commitment to delivering excellence and elevating the city's living standards.

Parkwest 2.0 has a total saleable area of over 18.4 lakh square feet. Sequoia, the last tower of the project, offers an exquisite selection of over 180 meticulously crafted 3 and 4BHK luxury apartments with a saleable area of 4.3 lakh square feet, presenting a revenue potential of nearly INR 500 crore. Sequoia stands tall at 30 floors, setting a new benchmark for urban living by seamlessly integrating smart features amidst lush greenery. Each apartment is thoughtfully designed to maximise natural light and ventilation, creating a serene oasis within the bustling cityscape. To date, the company has handed over ~1,000 apartments to satisfied homebuyers.

Commenting on the launch, Venkatesh Gopalakrishnan, Director Group Promoter’s Office, MD & CEO - Shapoorji Pallonji Real Estate (SPRE), stated, “Sequoia, the last tower at Parkwest 2.0, is a testament to our meticulous planning and unwavering dedication to craftsmanship. This iconic development will exceed the expectations of our esteemed customers, reinforcing our commitment to delivering excellence in every project we undertake.”

Sumit Sapru, Business Head, Shapoorji Pallonji Real Estate, added, "Introducing Sequoia, the last tower at Parkwest 2.0, signifies a new standard for luxurious living in Bengaluru. With impeccable design, unmatched quality, and world-class amenities, Sequoia caters to the discerning residents of the city, elevating the Parkwest 2.0 experience.”

Parkwest 2.0 offers easy connectivity to the Metro Station, Majestic Bus Stand, and City Railway Station, making it an ideal choice for those seeking proximity to the Central Business District, shopping malls, schools, hospitals, commercial complexes, restaurants, and entertainment options.

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