Luxury housing in Pune is still a new phenomenon. This category constitutes a mere 2-3% of the total residential market. Sobha Developers Limited (SDL) is one of the first companies to provide planned luxury homes in the price bracket of Rs. 1 Crore in this nascent market.
The benefit is that homebuyers have the advantage of larger houses for the same price when compared to far more expensive metros.
The 3BHK super luxurious apartments at Sobha Ivory are designed to maximize light and ventilation without compromising privacy; and launched at an affordable price of Rs 57.70 lakh. The latest Sobha Orion is in the same campus as the others. Sobha Orion has 14-storeyed towers housing 1 and 2BHK luxury residences. All the projects incorporate eco-friendly initiatives like Rainwater Harvesting System, Sewage Treatment Plant and Organic Waste Converter.
Kondhwa is an upcoming suburb, known for its popular education and Information Technology centre. It is just 20 kilometers from the airport, and around 10 kilometers from the railway station. The Armed Forces Medical College (AFMC) and Command Hospital are also nearby. “Kondhwa is one of the best central destinations, whose profile has gone up recently,” said Mohammed Aslam, Head – Pune, Jones Lang LaSalle India, the international property consultancy. With the completion of the Sobha projects, Kondhwa promises quality living at an exclusive address, making it an attractive option for buyers.
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