Shapoorji Pallonji Real Estate (SPRE) is the residential and commercial property arm of the Shapoorji Pallonji Group, a conglomerate whose origins trace to 1865, when founder Pallonji Mistry established Littlewood Pallonji and Company in Mumbai. Over the following 160 years, the group built the Reserve Bank of India building, the Bombay Stock Exchange, the Taj Intercontinental, and the Al Alam Palace for the Sultan of Oman — a construction resume that few Indian developers can match. The real estate division, SPRE, has since channelled that engineering depth into residential townships and IT parks, delivering over 13 million sq ft of residential space and 6 million sq ft of commercial property across India. In Bengaluru, the group has concentrated much of that residential output in a single address: Binnypet, in the city's central-western corridor.
Binnypet's geography is a key part of the Shapoorji Pallonji calculus here. The locality sits at the intersection of two Namma Metro lines — the Mysuru Road-to-Kengeri corridor and the Byapanahalli-to-Whitefield line — giving residents rapid rail access to both the eastern IT spine and the western suburbs from a single interchange. Mysore Road, Magadi Road, and NR Road converge nearby, while KSR Bengaluru City Junction railway station is reachable within ten minutes. The BBMP's proposed eight-lane Okalipuram Corridor, which will provide signal-free travel between Fountain Circle and Rajajinagar via road-under-bridges, is expected to further deepen east-west connectivity through the area.
The commercial districts of Chickpet, Chamrajpet, and Okalipuram ring Binnypet on three sides, creating a steady pool of office-going residents who value a short commute. Cinépolis at ETA Mall, Grand Majestic Mall, and Vijayanagar Fruit and Vegetable Market serve daily retail and leisure needs, while Balaji Hospital, Corporation Hospital, and multiple multi-specialty centres sit within four to ten minutes. Schools including Bhavan Bangalore Press School and Sujay School are within six minutes of the Parkwest address. Average apartment prices in Binnypet now stand at approximately ₹14,500 per sq ft, with year-on-year appreciation of around 12.4% recorded across the locality — a number that reflects the area's transition from an overlooked industrial pocket into a sought-after central residential node.
SPRE's defining project in Binnypet is Shapoorji Parkwest 2.0, described by the developer as one of the largest luxury residential developments in central Bengaluru. The development spans 46.39 acres at No. 1/1, Binnypet, Bengaluru 560023, along Hosakerehalli Main Road in the Binnyfields precinct. Across 11 towers of up to G+30 floors, the project delivers 3 BHK and 4 BHK apartments ranging from 2,097 to 2,845 sq ft. Pricing starts at ₹2.99 crore for a 3 BHK and ₹3.70 crore for a 4 BHK, all-inclusive. The development reserves 75% of its site as open and landscaped space — an uncommonly high ratio for a central Bengaluru address.
Parkwest 2.0 has been developed in four sequential phases, giving buyers a range of entry points across different construction stages:
As of August 2024, Phase 1 (three towers) had been fully handed over, one Phase 2 tower was resident-occupied, and Tower 11 Sequoia had begun construction. Each floor across the towers carries six individual units served by six lifts. All towers are freehold properties with East-West orientations.
Parkwest 2.0 operates two clubhouses — the primary measuring 56,000 sq ft and a secondary measuring 25,000–26,000 sq ft — alongside a gymnasium, swimming pool, basketball and tennis courts, indoor playrooms, a dedicated kids' play area, a senior citizens' zone, and landscaped gardens. Garden-level flats with private outdoor spaces are available in both the 3 BHK and 4 BHK typologies. Security infrastructure covers video door phones, three-tier access control, CCTV surveillance, and 24-hour power backup. Maintenance is charged at ₹4.40 per sq ft per month, and the project carries no floor-rise charge — only a floor-band differential of up to ₹4 lakh at the highest band.
SPRE offers two payment routes for Parkwest 2.0: a construction-linked plan tied to progress milestones, and a Bullet Plan structured as four equal instalments of 25% paid annually over four years. GST is levied at 5% of the apartment cost. The freehold title and RERA-registered status of each tower allow buyers to track construction progress through the Karnataka RERA portal using the respective registration numbers.
Shapoorji Pallonji's construction provenance matters in ways that go beyond brand recognition. The group has delivered projects in over 40 countries, employs more than 37,000 people, and has built infrastructure for institutional clients ranging from the Reserve Bank of India to the Sultan of Oman's royal palace. In the residential segment, SPRE's Shukhobrishti in Kolkata — a 150-acre mass-housing township with 20,000 units — stands as one of India's largest completed housing developments. SP Infocity, the group's multi-city tech-park portfolio, demonstrates the commercial-grade construction quality that SPRE brings to its residential developments. In Bengaluru, the successive handovers across Parkwest's earlier phases provide a verifiable local delivery record within the same 46-acre site.
| Project | Configuration | Size Range | Starting Price | RERA (Tower 11) |
|---|---|---|---|---|
| Shapoorji Parkwest 2.0 | 3 BHK, 4 BHK | 2,097 – 2,845 sq ft | ₹2.99 Cr (3 BHK) / ₹3.70 Cr (4 BHK) | PRM/KA/RERA/1251/310/PR/220124/006569 |
