Real estate major Kalpataru has launched its premium residential project, Kalpataru Aurum, in Baner, Pune.
by Suman Gupta
The project comprises close to 450 2BHK apartments with a choice of area options, and is spread across 2.33 acres. Apartment prices start at Rs. 1.10 Cr.
Close to a million sq ft area will be developed at the project at an estimated cost of Rs 250 crore.
Construction of the project will commence in March 2022 and the apartments will be ready for possession by December 2026.
The project is adjacent to Kalpataru’s acclaimed luxury project, Kalpataru Jade Residences and next to the scenic Baner Hills, a biodiversity hotspot.
Kalpataru Aurum builds to class-leading home design with unique rooftop features which include scenic viewing decks, kids pool, play and fitness courts, and a large linear landscaped park for celebrations and events.
Quotes for stories:
Location quote: “Baner is witnessing huge influx of knowledge and service industries spurring the development of world class homes, citizen amenities and a diverse culture. A key part of Pune Smart City Project, Baner is at the heart of Pune’s cosmopolitan transformation with its planned avenues, malls and lifestyle spaces. The about 500 acre Pashan-Baner Bio Diversity Park also makes it one of the greenest micro markets”, said Parag Munot, Managing Director, Kalpataru
Industry Quote: “On the one hand real estate is at the beginning of an upcycle, while on the other, interest rates have bottomed out, making this the most opportune time to acquire real estate” said Mr. Munot
