Four Premium Residential Project In Pune By Sahil Group

City-based Sahil Group is all set to strengthen its base in construction and hospitality business and has moved a step ahead in both the segments.
It recently unveiled its premium housing project ‘Sahil Sarvadaa’ at Kondhwa.
Based on the concept of stress free homes, the project has been equipped with all the amenities that can contribute towards making your life stress free. Its rejuvenation centre has swimming pool, yoga and meditation room, steam room and an open garden. The possession ceremony of the same was held recently.
Currently Sahil Group has undertaken construction of over 5 lakh square feet mainly comprising residential projects in the city These are 4 premium residential projects in Pune in the areas like Baner, Erandwane, Bavdhan and Kondhwa.
In the current financial year the Group would be undertaking construction of another 15 lakh square feet, which will comprise residential, hospitality and retail spaces. These new projects will come up in Pune and Kandivali, Mumbai. The estimated project cost of the real estate projects being set up by Sahil Group is around Rs.600 crore. In the hospitality business Sahil Group has so far invested Rs.200 crores in setting up two properties at Lonavala and Alibaug. It recently unveiled its five star category Resort and Spa in Alibaug. Radisson Resort and Spa at Alibaug has two strategic operators, it is being managed by Carlson Hotels Worldwide. The Spa here is being managed by Mandara Spa from the MSpa International Thailand. This spa holds the distinction of being the largest spa property in the country having 16 private spa pavilions surrounded by beautifully landscaped gardens and clear blue waters.
Under the expansion plan of hospitality business Sahil Group is planning to set up a 250 rooms five start business hotel at Balewadi with an investment of Rs.250 crore.

3 Comments

riathareja

Posted June 13, 2008 at 6:29 am | Permalink

It’s a known fact that India Real Estate sector is booming and it has provided innumerable opportunities for investment throughout the country. All throughout the country, whether it is the metropolitans or the two or three tier cities are exploding with commercial high rises, residential townships, industrial parks and shopping malls.Where should we invest ? Everywhere this question is being asked. Flying high on the wings of booming real estate, property in India has become a dream for every potential investor looking forward to dig profits.
Investing in Pune for the medium-to-long term makes the most sense in today’s real estate scenario. For the perfect portfolio, one should concentrate on the more developing areas that still feature competitive rates. The safest and most potential laden investment opportunities in Pune today lie in its townships, as they provide highly saleable property with the right mix of basic amenities and add-ons.For more view- realtydigest.blogspot.com
Rani

Posted June 18, 2008 at 2:50 am | Permalink

Sahil soon stepped into the dream houses stream. With a huge experience in the construction foray Mr. Phadnis is well-versed with the dynamics of this industry. And equally with the attachment of every individual with his house. By means of such a foundation Sahil Properties has soon made a successful launch. And already has a line up of projects.
Vikas Bamotra

Posted June 24, 2008 at 6:19 am | Permalink

Sahil Group will develop another Radisson hotel in Balewadi, Pune. Construction for the 250 room property has already started. The hotel is expected to start operations by 2011. The hotel will operate on a management contract basis. This is the third addition to Sahil Group’s hospitality portfolio, which currently includes the Sahil Sarovar Portico, Lonavala and the Radisson Resort and Spa, Alibaug.

India Real Estate Monitor