Mumbai-based Dosti Realty forays into Pune market, to construct over 1 million sq ft

Mumbai-based Dosti Realty forays into Pune market, to construct over 1 million sq ft

The company is eyeing a topline of Rs 1,100 crore with apartment sizes ranging from 475 sq ft to 1,395-plus sq ft.

The company expects a topline of Rs 550 crore from phase 1 and Rs 560 crore in phase 2. Dosti Realty has made an initial investment of about Rs. 155 crore towards the project, of which around Rs 70 crore is from internal accruals and Rs 85 crore as construction finance from ICICI Bank, said Deepak Goradia, Chairman and Managing Director, Dosti Realty.

Mumbai-based real estate firm Dosti Realty has announced its entry into the Pune market with the unveiling of the Dosti Green Spaces project, encompassing over 1 million square feet of construction.