Indian Hume Pipe Co. Ltd. (IHPC) has recently joined hands with Kalpataru Limited to embark on a new development project in Vadgaon, Pune. This collaboration is set to breathe new life into the area, with plans for multiple residential towers and a retail center in the works.
The project will revolve around Plot A, which will house three residential towers, an inclusive housing building, and a bustling shopping center called Mandai. The carpet areas for each structure have already been approved under RERA, ensuring transparency and accountability in the development process.
While the first two towers have received the green light for construction, plans for Tower 3 and the inclusive housing unit are still awaiting registration. Once completed, the project will offer a range of modern housing options, retail spaces, and essential amenities to enhance the quality of life for Pune residents.
This venture signifies a major milestone for IHPC, opening up new opportunities for growth and revenue generation from their land assets. For Kalpataru, it represents a strategic move to expand their presence in Pune’s residential market, catering to the diverse needs of the local community.
With this partnership in place, the future looks bright for Vadgaon, as it gears up to welcome a transformative development that will shape the landscape of the area for years to come.
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