Shapoorji Pallonji launches Treetopia plotted project in Pune with ₹600 crore revenue potential
Shapoorji Pallonji Enters Plotted Development in Pune with Treetopia
Shapoorji Pallonji Real Estate (SPRE) has forayed into plotted development with the launch of Treetopia, a premium 105-acre plotted project in the Pune Growth Corridor, with an estimated revenue potential of ~INR 600 crore. The project features 483 plots, marking a major portfolio expansion for the Shapoorji Pallonji Group's real estate arm, known for its large group housing developments.
Site and Location Strategy
The project is located in Jadhavwadi, Purandhar, a peaceful yet fast-emerging area with excellent connectivity to major highways and upcoming infrastructure. The site is located near the upcoming Purandar International Airport, a proposed IT park, and the planned inner and outer ring roads. Residents will enjoy convenient access to key hubs such as Hadapsar, Hadapsar Annexe, SP Infocity, Magarpatta, and Kharadi, as well as Pune's leading education and healthcare institutions.
The Pune Growth Corridor is witnessing accelerated development driven by large-scale infrastructure projects, including the proposed airport, IT Park, Inner and Outer Ring Roads, expanding commercial belts, and the growth of IT and industrial clusters. These developments are expected to significantly improve accessibility across Pune and create new demand drivers for residential and investment-led real estate.
Project Specifications
The generously sized plots range from 2,000 to 6,000 square feet, providing ample space for elegant villas that blend seamlessly with the surrounding preserved greenery. Treetopia will offer N A plots with an individual 7/12, enabling buyers to develop independent villas as per their requirements.
Nearly 70 per cent of the project area has been allocated to open and green spaces. The development is surrounded by around 600 acres of forest land, which the company said contributes to air quality and the overall setting.
Amenities and Infrastructure
The project will feature a ~3-acre clubhouse, a ~25-acre lake, a ~1.5 km lakeside promenade and 35+ world-class amenities, including a dam, barbecue zones, and multiple leisure and wellness spaces. A tree-lined Central Avenue, an 18-metre-wide paved boulevard, will connect the residential plots with the project's common amenities.
The township's infrastructure supports this vision with wide, tree-lined internal roads, reliable underground utilities, and sustainable systems like rainwater harvesting and solar-ready provisions.
Strategic Expansion into Plotted Housing
Commenting on the launch, Sumit Sapru, CEO, Shapoorji Pallonji Real Estate, said, "The Pune Growth Corridor is emerging as a key infrastructure-driven market supported by improving connectivity and rising residential demand. With growing interest among homebuyers in plotted developments, the launch of Treetopia marks an important step in strengthening our residential portfolio and expanding into this segment."
With this move, SPRE joins a growing number of established developers entering the plotted development segment, which was earlier dominated by unorganised players but is increasingly attracting branded developers amid changing buyer preferences and quicker cash flow cycles.
Developer Background
The company was founded as a partnership firm Littlewood Pallonji in 1865. For over 160 years, Shapoorji Pallonji Real Estate has transformed visions into landmarks, bringing a standard of transparency and quality that is unrivaled in the industry. From the tallest towers in the nation to the world's most sustainable IT parks, the footprint is a testament to commitment to progress and the planet. The group created 'The Imperial' (Mumbai), India's tallest twin towers.
The company has a development potential exceeding 130 million sq ft and maintains a presence across major property markets including Mumbai, Pune, Bengaluru, Gurugram and Kolkata.