The erstwhile pensioners’ paradise of Pune is now a vibrant, cosmopolitan melting pot of people coming in from across the country to work and settle here. The Puravankara Group, which has a track record of successful projects in Bangalore, Chennai, Kochi and Coimbatore, has chosen this city as the site for its first residential project in Western India, named as Purva Silversands.
With the emergence of a number of IT corridors in the eastern part of Pune such as Magarpatta City, Kharadi and Kalyani Nagar, the demand for affordable as well as luxurious housing has risen sharply in the aforementioned and neighbouring areas. The locality of Mundhwa is one such area, which many developers, including Puravankara, have chosen to create modern and spacious complexes.
Updates as of November 2017 –
Purva Silversands, a landmark project by Puravankara Developers, being their first project in west India, will be ready to move-in by November 2021. The current sizes and prices of the apartments offered in the project are as follows:
|Apartment Configuration||Area (in sq. ft.)||Price (in Rs. Lakhs)|
|2 BHK||910 – 1227||77.90 – 94.94|
|3 BHK||1427 – 1439||102 – 110|
In order to reach Purva Silversands, one needs to take the road from Kharadi to Hadapsar. After crossing the bridge on the Mula-Mutha River, take the first left turn on to Manjari Village road. On reaching a fork on this road, take the road on the left side and continue driving, till you cross Florida River Bank. Take a left turn and you arrive at the property.
Mundhwa is now under Pune Municipal Corporation limits and is undergoing a major transformation. Purva Silversands is in close proximity to Eon IT Park (6 km), Zensar (4.5 km), Magarpatta City (4.5 km) and Kalyani Nagar (6.5 km) and primarily targets software professionals working in these hubs. With the expected construction of a new bridge across the river, the distance between Kharadi and Mundhwa will be more than halved.
Seasons Mall, Amanora Town Centre (4 km), Inorbit Mall (6.5 km) and Phoenix Market City (7.5 km) are major retail outlets in the neighborhood. Pawar Public School, Vibgyor School and Orbis School are located nearby, as are Columbia Asia Hospital, Sahyadri Hospital and Noble Hospital. Both the airport and railway station are 11 and 9 km away respectively.
Purva Silversands is coming up on a 20 acre plot on the banks of the Mula-Mutha River and is built on the theme of a ‘Beach Resort’. Puravankara has a similar project in Bangalore, called as ‘Purva Palm Beach’. Work on the site is to begin by August 2016 and possession will be provided by 30th November 2021. All apartments will be handed over in an unfurnished state, but owners can get them furnished by Puravankara at an additional cost.
In the first phase, 6 towers (4, 5, 6, 7, 8, 9) will be built around a central lagoon, with 6 more towers coming up in phase 2. This property will have 1, 2, 3 and 4 BHK apartments, with the 2 and 3 BHK apartments having two options: comfort and grand. The base rate of apartments is Rs. 4995/square foot. The price of 1 BHK apartments starts from Rs. 40 lakhs, while the starting prices for 2 and 3 BHK apartments are Rs. 57 lakhs and Rs. 86 lakhs.
Towers 4, 5, 6 and 7 lie between the lagoon and the Mula-Mutha River, while towers 8 and 9 lie on the other side of the lagoon facing the city. The apartment specifications are similar for adjacent towers, but the apartments themselves are facing in opposite directions.
In towers 4 and 5, there are 24 floors, comprising of 21 residential floors situated above 3 floors for parking. Each residential floor has 4 apartments. Two are lagoon facing 3 BHK comfort apartments (~1395 square feet). The other two are river facing 2 BHK grand apartments (~1073 square feet). Towers 6 and 7 have the same apartment configuration as that of towers 4 and 5, with the only difference being that in towers 6 and 7, the 3 BHK comfort apartments are river facing while the 2 BHK grand apartments are lagoon facing.
Tower 8 has 20 residential floors above 2 floors for parking, with each residential floor having 8 apartments. Out of these 8, four apartments are city facing 2 BHK grand (~1073 square feet) apartments. Two other apartments are lagoon facing 2 BHK comfort (~883 square feet) apartments. The last two apartments are lagoon facing 1 BHK (~603 square feet) apartments. Tower 9 has a similar configuration as tower 8, but has two additional residential floors (a total of 22 floors), above 2 floors for parking. Also, here the four 2 BHK grand apartments are lagoon facing, while the two 2 BHK comfort apartments and two 1 BHK apartments are city facing.
Purva Silversands also provide Managed Residences, which are compact serviced apartments, comprising of Manhattan pods and 1 bedroom Manhattan condominiums.
The first two phases of this project have now been registered under Maharashtra RERA. Phase 1, comprising of buildings 4 to 9, have a registration number of P52100007566, while Phase 2 containing building I, has a registration number of P52100005377.
Amenities and Key Differentiator
The USP of Purva Silversands is the central lagoon area, which features a number of unique amenities, such as a beach, wave pool and snorkeling pool. With a swimming pool and kid’s pool thrown in as well, a resident need not visit a water park!
Residents can indulge in other sports, with beach volleyball and tennis courts, golf putting green, cricket pitch, jogging track, pool, table tennis and a gym.
Residents are also provided yoga and meditation decks, a koi fish pond, a senior citizens court and a children’s play area.
The property’s affordable apartments cater to the needs of a variety of customers, including singletons, families, those looking to invest in property and corporates looking to house guests.
Each apartment offers great views to residents, whether of the lagoon or of the river and riverside promenade. These have been designed to provide more living area.
The managed residences will provide their residents with a number of services including a retail store, convenience store, spa, roof-top restaurant, ATM and Laundromat.
Puravankara Properties is looking to make its mark in the extremely competitive real estate market of Pune. With Purva Silversands , it aims to carve a niche for itself as a provider of theme-based, comfortable and affordable living.