Shapoorji Pallonji Real Estate (SPRE) has launched a premium residential project, Vanaha Verdant, near Bavdhan in southwestern Pune, with an estimated revenue potential of Rs 800 crore.

The development spans five acres, offering around 10 lakh sq.ft. of saleable area and forms part of a 1,000-acre integrated township planned by the company. The township dedicates 350 acres to open spaces and features residential, commercial, and retail developments. Located near key IT hubs such as Hinjewadi, Mahalunge-Mann Hi-Tech City Park, and Baner, the project will benefit from upcoming infrastructure developments including Metro Line 2, the Paud–Mahad corridor, an eight-lane flyover at Chandni Chowk, and the Pune Ring Road.

“With VANAHA Verdant, we are not just launching another project but shaping a new way of living in Pune. Its proximity to nature, integrated commercial spaces, and low-density layout reflect what today’s homebuyers value most: balance, access, and long-term value,” said Sriram Mahadevan, CEO of Shapoorji Pallonji Real Estate and MD of Joyville Shapoorji Housing. SPRE has sold over 2,000 apartments worth Rs 1,800 crore across mid-segment and premium projects in the township and continues to expand in major Indian real estate markets.