Planet Smart City's Pune project envisions to achieve Rs.9 bn sales

An innovative Prop tech company and leading global player in the affordable housing market integrating Proptech & ESG-compliant real estate solutions, Planet Smart City has publicized an aggregate give-away of its universal flagship project that partners with KPDL (Kolte-Patil Developers Limited) in the Life Republic Township in Hinjewadi, Pune. As this project is the Planet Smart City’s first development in the nation, this high point of the company indicates an astonishing achievement for its future endeavors, with residential units of more than 88% and commercial units of 91% are being sold as of the end of the month September 2023.

In India, Planet Smart City’s first project was launched in December 2020, that show offs a total profitable area of 1.3+ million sq. ft. in residential units & 85,000 sq. ft. in commercial units. Regardless the company faced disputes posed by the pandemic’s second wave; it’s already perched to get total revenue of Rs 900+ crores in sales.

This outstanding achievement of the company comes from the immense dynamics of the Maharashtra’s residential housing market and incredible responses from the homebuyers who assess the widespread amenities & inventive smart solutions executed right through the project by Planet Smart City.

The Managing Director at Planet Smart City, India, Marco Piliastates, “The successful give away of our first project in India is an incredible accomplishment for Planet Smart City worldwide. This active performance is a huge demonstration for our business system & value proposition. Working together with the India’s best-in-class developers allows us to deliver high advancements in the residential market”