Sobha Limited- Setting Kondhwa Buzzing

The real estate market in Pune has grown by leaps and bound. Despite the recent the economic slowdown, there is an increased demand for luxury homes in Pune, as compared to Mumbai or Delhi. NIBM Road Kondhwa in the south especially has seen a lot of action and is the fastest growing suburb. Residential property rates too, have maintained momentum throughout. Kondhwa is an ideal location due to its proximity to the posh Camp and Cantonment areas. It is the only area in Pune with a reserve of 250 acres of forest area, and enjoys good connectivity. As such, Kondhwa has emerged as a prominent residential destination; and is one of the most preferred areas in Pune. There are a slew of new residential projects coming up in the area.

Shantanu Mazumdar, Branch Head Pune, Knight Frank (India) Pvt. Ltd says, "Today NIBM Road Kondhwa offers a wide range of luxury and super luxury projects. The prominent developments in the vicinity, Sobha Carnation, Sobha Ivory, have catered to both the middle and higher income group with capital values ranging between Rs. 3,400 to Rs. 5,000 per square feet." Among the new housing projects coming up in Kondhwa, Sobha Limited has two prestigious constructions underway, offering premium top-in-class apartments and luxury penthouses – Sobha Orion and Sobha Garnet.

Orion is Sobha’s newly launched residential project in Kondhwa, a 14-storeyed complex housing 112 high-rise apartments. Orion offers palatial 1 and 2 bedroom luxury flats– these spacious apartments are available in various sizes between 1,111 to 1,284 square feet. Spread over an impressive 7.5 acres on land, Orion is a masterpiece of residential living blending seamlessly with serene environment and proficient world-class facilities. With two separate gymnasiums, two swimming pools, three different clubhouses, an amphitheatre and multi-purpose hall, in addition to crèche and reading room, Sobha Orion offers the opportunity of a complete lifestyle. The Sobha flats are completely environment –friendly with rainwater harvesting systems and organic waste converter plant. A tangible dream for the middle-income group, the Orion apartments are available at Rs. 58 lacs to Rs. 80 lacs.

Sobha Garnet is another landmark project located off NIBM Road, Kondhwa. Garnet offers 3 and 4 BHK ultra luxurious apartments. Secluded yet part of an exclusive community, the Sobha Garnet luxury flats are designed to provide maximum privacy. The project offers 43 residential units in Block I and 75 units in Block II, all in the super luxury category. The luxury apartments in Block I are available in varying sizes of 2,032 to 2,600 square feet; while Block II has smaller units of 1,544 to 1,864 square feet. True to the Sobha name, Garnet too, offers the best-in-class amenities and meticulous attention to detail. Classy architecture complemented by lavish interiors, the flats and luxury penthouses at Sobha Garnet are truly carefully crafted for the crème de la crème of those looking to buy furnished apartments in Pune. With Kondhwa buzzing with the new Sobha projects and other major development, a house here seems to be a wise option.

For more info visit: http://www.sobha.com