News
Shapoorji Pallonji RE Eyes Approx. Rs 500 cr Revenue From Parkwest 2.0, Bengaluru
Bengaluru, February 29, 2024: Shapoorji Pallonji Real Estate, announced the launch of Sequoia, the last tower at Parkwest 2.0, located in Binnypet, Bengaluru.
Parkwest 2.0 has a total saleable area of over 18.4 lakh square feet. A press release issued by the company mentions that Sequoia, the last tower of the project, offers over 180, 3 and 4BHK luxury apartments with a saleable area of 4.3 lakh square feet, presenting a revenue potential of nearly Rs 500 crore. To date, the company has handed over ~1,000 apartments to homebuyers.
Commenting on the launch, Venkatesh Gopalakrishnan, Director Group Promoter’s Office, MD & CEO – Shapoorji Pallonji Real Estate (SPRE), stated, “Sequoia, the last tower at Parkwest 2.0, is a testament to our meticulous planning and unwavering dedication to craftsmanship. This iconic development will exceed the expectations of our esteemed customers, reinforcing our commitment to delivering excellence in every project we undertake.”
Sumit Sapru, Business Head, Shapoorji Pallonji Real Estate, added, “Introducing Sequoia, the last tower at Parkwest 2.0, signifies a new standard for luxurious living in Bengaluru. With impeccable design, unmatched quality, and world-class amenities, Sequoia caters to the discerning residents of the city, elevating the Parkwest 2.0 experience.”
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