Merlin invests in Pune Rs. 2500 crore in real estate property. The investment will make through Merlin Properties Ltd., which has set up these projects across the country, including Mumbai and Pune.
The company is seeing tremendous growth, leading to Merlin expanding its presence in India. As a result, Merlin recently announced the launch of a new business unit for Pune with an investment of about Rs 2500 crore over the next few years in various sectors such as commercial and residential.
The vision of the Merlin group:
The vision of Merlin group is to create an entrepreneurial and environment-friendly community. Our goal is to improve our citizens’ overall living conditions so they can lead a comfortable, healthy, and productive life.
Merlin says the Kolkata-based real estate property would spend about Rs 2500 crore in Pune’s residential and commercial real estate sectors over the next two to three years, starting with a commercial project in Koregaon Park.
If you plan to invest in Pune and want to become a part of the Merlin group, contact us for more information on this project. 2025 is the projected completion date for the 1.5 lakh square foot, Rs 120 crore Koregaon Park project.
According to Saket Mohta, managing director of Merlin, the East commercial development in Koregaon Park would get an investment of roughly Rs 120 crore. Another mixed-use structure, including homes, stores, and businesses, will start development in Baner in the next weeks.
What Merlin group includes:
They include all the residential and commercial facilities in their projects. For example, this project includes a mall, club, office spaces, resort, etc. According to the buyer’s requirements, we choose suitable locations, and these areas have all facilities to travel easily.
We choose areas with nearby schools, hospitals, temples, malls, markets, and many more places that fulfill your daily requirements.
Amenities in Merlin group:
In Merlin group project, they include many amenities in their residential project like a swimming pool, gym, jogging track, park, children’s play area, jacuzzi, community hall, outdoor and indoor activity area, creche, aerobics and Zumba area, and yoga deck. We especially focus on security and fire alarms. All residential and commercial areas are covered by CCTV and secured with a fire alarm on all floors.
Merlin has residential projects scheduled for the near future in locations including Wakad and Jambhulwadi, and more are anticipated in Pune’s inner-city areas. However, Mohta said Merlin had no imminent intentions to go public despite having large stakes in office buildings, hotels, and other commercial real estate in Kolkata and abroad.
We are a close-knit, family-owned business. Thus we have no intentions of pursuing an IPO. Although we are not currently working on creating a REIT, the idea is at the back of our minds.
Merlin Group has the vision to become one of the most respected builders in India. We aim to redefine the luxury home builder space by bringing our attention to detail, quality, and a style synonymous with luxury.
If you want to buy a luxurious flat in Pune, we are here to help you according to your budget. Merlin will leverage its experience in designing successful transit-oriented developments and pioneering key innovations such as vertical parks on a rooftop. The focus is on creating residential and commercial spaces contiguous to public infrastructure in well-connected areas.