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From Site Visit to Sale Deed: What to Expect When Buying a PlotGokhale Constructions Bags Prime Land in Punes Model Colony for Rs 311 Cr Unveils Ultra Luxury Vision
In a landmark deal that’s set to reshape Pune’s premium real estate landscape, Gokhale Constructions, one of the city's most reputed developers, has acquired 3.5 acres of prime land in Model Colony for a staggering Rs. 311 crore. The land, earlier owned by Seth Hirachand Nemchand Smarak Trust, sits at the heart of Pune, making it one of the most valuable and strategically located acquisitions in recent memory.
16 Lakh Sq. Ft. of Ultra-Premium Real Estate
This isn’t just another real estate development—it’s a bold, transformative vision. Gokhale Constructions plans to build a 16 lakh sq. ft. mixed-use development combining luxury residences and high-end retail spaces. With an estimated revenue potential of Rs. 2,500 crore, this project is poised to redefine upscale living in Pune.
- Starting price of residences: Rs. 7 Cr onwards
- Luxury retail & lifestyle experiences on-site
- Dedicated 51,000 sq. ft. modern hostel facility
- Revamping of existing Jain temple to enhance community heritage
- This multi-dimensional project uniquely blends heritage, luxury, and modern urban convenience—making it not just a home, but a lifestyle destination
A Legacy of Trust and Scale
Founded by Vishal Gokhale, a first-generation entrepreneur, Gokhale Constructions is no stranger to ambitious, high-quality developments:
- 200+ residential projects completed
- 5000+ families housed in central Pune
- Currently developing 2 million sq. ft. of residential and 3 million sq. ft. of commercial real estate
- Now actively entering Mumbai’s ultra-prime market, with deals underway
Source-Pune Pulse
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