The Shapoorji Pallonji Group was founded as a partnership firm, Littlewood Pallonji, in 1865. The company is known for building some of Mumbai's landmarks around the Fort area, including the Hong Kong Bank, Grindlays Bank, Standard Chartered Bank and Reserve Bank of India building, and the Bombay Stock Exchange building. Today the group delivers end-to-end solutions across six business segments — engineering and construction, infrastructure, real estate, water, energy and financial services — with a dedicated workforce of over 37,000 people operating in more than 40 countries. That construction pedigree is the foundation on which its residential arm, Shapoorji Pallonji Real Estate (SPRE), was built.
Shapoorji Pallonji Real Estate is the residential development arm of the Shapoorji Pallonji Group, a Mumbai-headquartered conglomerate founded as Littlewood Pallonji in 1865. Key achievements include the execution of over 190 marine projects worldwide and the development of approximately 16 million square feet of real estate in India. In the commercial segment, SP Infocity is a multi-city tech park that stands as evidence of the group's scale. Within the mass housing space, Shukhobrishti in Kolkata is currently India's largest mass housing project — a 150-acre township comprising 20,000 residential units, of which half have been completed and occupied.
In Bangalore, SPRE has concentrated its residential effort on a single, large-format address in West Bangalore: the ParkWest township in Binnypet. That strategic focus reflects a deliberate approach — build fewer projects, build them at scale, and engineer them to the same tolerances the group applies to hospitals and airports.
ParkWest is one of the largest luxury residential developments in Central Bengaluru, spread across approximately 46.39 acres with ample green and open space. Of the total 47 acres, 34 acres are used for greenery and landscaping while 7 acres are reserved for a Bio Diversity Park. The project has been delivered in measured phases across multiple towers — each named after a tree species — reflecting both the scale of the commitment and the developer's long construction timeline.
Phase 1 of the ParkWest project has 703 apartments spread across three towers: Olive, Mulberry and Emerald. Phase 2 comprises the Maple and Sapphire towers. Phase 3 includes Pine, Oak and Cedar Tower. The project is expected to have 2,900 apartments once complete.
The current active offering for buyers is Shapoorji ParkWest 2.0, which carries on that township lineage with fresh inventory and a newly launched tower. Shapoorji Pallonji Real Estate is the developer of ParkWest 2.0, which consists of 11 towers including the newly launched Sequoia. Starting prices for 3 BHK and 4 BHK apartments are ₹2.99 Cr and ₹3.7 Cr respectively.
The Sequoia tower is a high-rise residential building comprising Ground+30 floors, with each floor having six residences of 3 and 4 bedrooms. The project offers a total of 182 residential units, with 3-bedroom apartments ranging from 2,099 to 2,384 sq ft and 4-bedroom apartments ranging from 2,750 to 2,900 sq ft.
As of August 2024, Phase 1 (3 towers) had been handed over; Phase 2 (3 towers) had one tower handed over with the remaining two nearing completion; Phase 3 (1 tower) expected handover by September 2024; and Phase 4 (4 towers) — including Towers 8, 9, 10 and 11 — were under construction, with Tower 11 (Sequoia) commencing construction in August 2024.
Binnypet is emerging as a prime residential area due to large-scale development in residential, transport, commercial and industrial infrastructure. Being located in the heart of the city, it is well connected to the Namma Metro, MG Road, and other well-laid-out roadways. The project offers seamless connectivity to major roads like Mysore Road, N R Road and Magadi Road.
Nearby NH-275 acts as a key link to the eastern part of Bangalore; Magadi Road and Tank Bund Road are vital connecting roads; and residents have access to the Whitefield-Challaghatta Metro Line via Magadi Road, approximately 2 km away. ParkWest enjoys seamless connectivity to prominent areas like Rajajinagar, Chickpet, Chamrajpet and Malleshwaram. Kempegowda International Airport is approximately a one-hour drive away.
There are also developmental plans in the pipeline, like the Okaliuram Corridor, by the BBMP. These planned upgrades reinforce what is already a well-established urban address — ParkWest sits close to Majestic, one of Bangalore's most significant transport interchange nodes, connecting BMTC, KSRTC and Namma Metro services.
Flat prices in Binnypet, Bangalore are in the range of ₹11,850 to ₹15,150 per square foot. Flat rates in Binnypet changed by 12.3% in the last one year, 35.9% in the last three years, 47.9% in the last five years and 33.3% in the last ten years. That appreciation trajectory has held through successive infrastructure upgrades and sustained demand from professionals working in and around Central Bangalore.
Average property prices in Bangalore increased by 15–20% annually in 2024, outpacing many other metro cities — though this growth is not uniform across the city, with some micro-markets experiencing more moderate appreciation rates. Central Bengaluru commands the highest average price at ₹15,200 per square foot, reflecting the premium on established locations with mature infrastructure. Binnypet sits within this central belt, making ParkWest 2.0 both a lifestyle choice and a store of value in a market where location premiums have consistently held.
Most residential developers in Bangalore acquire land, build, hand over and exit. Shapoorji Pallonji Real Estate's ParkWest is structured differently: a phased, multi-tower township delivered over nearly a decade means the developer remains an active presence on the site long after the first families move in. The group's engineering arm and its infrastructure subsidiary are the same entities that built metro stations, airports and port terminals — technical standards that carry into concrete specifications and waterproofing protocols in the residential towers.
In real estate, Shapoorji Pallonji has developed over 16 million square feet of residential and commercial projects across India. The real estate division, Shapoorji Pallonji Real Estate (SPRE), deals in luxury and premium residential projects and housing on a large scale. In Bangalore, the full weight of that national portfolio is channelled into a single address — which is, in its own way, a statement about how the developer approaches city-level commitments.
Bangalore's 2024 market was characterised by steady appreciation, with a clear preference for projects by well-regarded developers in well-connected areas, with the impact of new infrastructure becoming more apparent in location choices. ParkWest 2.0, with its established township infrastructure, biodiversity park and phased delivery model, sits squarely within that buyer preference — a large, named-developer project in a central location with a verifiable track record of handed-over phases already occupied by residents.
