Supreme Universal has announced the completion of all phases of its residential project, Supreme Estia, located in Baner, Pune. The project, spanning over five acres, comprises more than 600 residential units and has achieved a total revenue milestone of ₹ 750 crore.

Supreme Estia was launched in March 2020 and has been completed as per schedule. The project includes 2, 3, and 4 BHK residences within a gated community featuring 45,000 square feet of amenity space.

According to Vishal Jumani, Joint Managing Director of Supreme Universal, the completion of Supreme Estia reflects customer trust and confidence in the company. He noted that the project has received interest from homebuyers in Pune, Mumbai, and other regions, adding that the development has seen property value appreciation between 40% and 50% since its launch. Investor buyers have also experienced rental returns from the property.

The development consists of five towers. The first two towers were handed over in August 2023, while the remaining three towers and the clubhouse have now been completed and delivered. The clubhouse provides various facilities for residents.

Supreme Universal stated that the completion of Supreme Estia aligns with its focus on delivering urban housing projects. The company plans to continue developing similar projects in the future.

Also Read: Notice of De-Registration Applications for 2 Pune Real Estate Projects

You May Also Like

RBI MPC Meeting Begins Repo Rate Likely to Remain Unchanged, with Real Estate Sector Watching Closely

The Reserve Bank of India’s MPC meeting begins today, with expectations that the repo rate will stay at 6.5%. The real estate sector is particularly focused on the decision, hoping for a rate cut that could lower home loan EMIs and boost demand, especially in the affordable housing market. Industry experts believe the RBI’s stability in monetary policy will continue to foster growth, contributing to India’s overall economic resilience.

Don’t even think of buying a House in these 10 Projects

If investing in real estate in Mumbai and Maharashtra then don’t even…

Homebuyers Thought Their Case Was Over. Tribunal Gives Them Another Chance Against Builder

The Maharashtra Real Estate Appellate Tribunal (MREAT) has given homebuyers another chance…

One Stand-alone Project: One MahaRERA Number policy

Promoter should submit Declaration-cum-Undertaking stating no other MahaRERA number on full or…