Mantra Properties enters into commercial real estate with the launch of Mantra Business Centre at Kharadi, Pune



ANI |
Updated:
04.12.2021 10:56 IS

Pune (Maharashtra) [India], December 4th (ANI / Hunk Golden and Media): Mantra Properties, Pune-based renowned developer and creator of lifestyle homes, the youngest and fastest growing real estate company in Pune, is set to make a name for itself in the commercial real estate market in Pune.
Mantra Properties unveiled its flagship commercial project, Mantra Business Center.
The promising new project lies between the IT hubs of Kharadi and Hadapsar on one side and the upscale Koregaon Park on the other. The most important highlight of the project is the minimal travel time for working people.
Upper Koregaon Park is a residential / industrial area that is growing in popularity as a promising real estate destination due to its proximity to the city’s main IT hubs. The Upper Koregaon Park, as the planned embankment is called, will improve the connection of the Koregaon Park and make it even more accessible.
In keeping with Mantra’s promise to deliver premium experiences to its customers, the new launch includes a 1 acre premium sector on an 8 acre property. It will consist of two residential towers and a commercial tower with integrated retail that will provide office space. The design includes well-planned spaces with minimal shared walls and zero waste.

Upper Koregoan Park is conveniently located, giving visitors easy access to everything they need. The project makes it easy to get to the IT hubs of Kharadi, Magarpatta, Kalyaninagar and VimanNagar, among others. The projects are located in the vicinity of a number of well-known hospitals. In general, the project is in a good location for those looking to upgrade.
Pune has grown from an educational city to one of the most sought-after IT hubs in the suburbs over the years, with several infrastructure projects in the region. The Mantra Business Center’s coveted location puts you minutes from shopping malls, hospitals, schools, and other amenities. High street retail, EV charging, power backup and other services are available at the Mantra Business Center, “Superior by Birth”.
Speaking at the press conference, Rohit Gupta, CEO of Mantra Properties said, “Mantra Properties has become a beacon for the real estate sector in Pune, particularly in the emerging mid-range housing sector. We have grown at a breakthrough speed. In our 15th year we are entering the commercial real estate industry with the introduction of the Mantra Business Center. We have seen India’s corporate sector adapt to a work-from-home culture over the past year. Despite the significant challenges. With the Covid-19 pandemic, companies have expressed a strong desire to return to traditional office space. With Covid regulations being less of a burden, people are returning to their offices and migrating to other cities in search of better opportunities. Pune is a top travel destination for IT companies and technology startups. At Mantra, our goal is to provide the best options for young and dynamic entrepreneurs. “
Nitin Gupta, President-Sales, Marketing and CRM (Head) at Mantra Properties and Developers said: “After causing a major upheaval in the residential real estate segment, we have now decided to take the next step in the success story of Mantra Properties and get into the commercial real estate. With our expertise and dedicated efforts to provide first class experience to our customers, we are sure that this project will become a customer favorite too. We look forward to opening the project to customers and their opinions to hear about our new company. “
Mantra properties have shaped one of the largest inventories in Pune and PCMC. With 15 projects ongoing and 7.7 million square feet under development, Mantra Properties has one of the largest inventories in Pune and PCMC.
Additionally, in the current quarter, the company achieved its 3 newly launched residential projects called Mantra Wonderland (4.5 hectares) – Keshav Nagar, Mantra Infinity (5 hectares) – Upper Koregaon Park and Mantra Benchmark – Akurdi. a huge success and customer response (3.5 acres) with two more upcoming projects in the pipeline for fiscal 2021-2022 in Pune and PCMC with approximately 2 million square feet under development.
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