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Saturday, May 1, 2010

Times Private Treaties Invests in Pharande Spaces

Times Private Treaties has announced investment in the Pune based Pharande Spaces, developers of WoodsVille, is a 40 acre township in PCMC, comprising 1, 2 and 3 Bedroom Apartments, School, Health Care, Shopping Arcades, Sports Complex, Club, Swimming Pool, Gym and Games Courts. With these investments, Times Private Treaties today has a stake in more than a dozen real estate firms across the country.


Similarly, the Pharande Promoters and Builders have emerged in the past decade and a half as one of the pre-eminent builders of unique and high quality residential projects in Pune. Pharande Promoters are currently executing projects in the industrial township Pimpri Chinchwad.

Set up in 1992 by Anil Pharande, the firm has constructed more than 1.7 million sq.ft residential spaces and developed more than 100 acres of land. Pharande Promoters have built a range of residential projects, including bungalows, row houses and apartments in industrial townships. Pharande Spaces are amongst the most dynamic construction companies in the Pradhikaran area of Pune, with a compounded annual growth rate of 50 % in the period 1999 to 2005, almost 100 % in 2005 – 2006 and 130% in 2006-2007 and 150% in 2007-2008.

Times Private Treaties has also invested in Kumar Properties and Kanakia Spaces, apart from investments it has made in Real Estate focused funds. Its real estate investment portfolio also includes HDIL, KSL & Industries, Lavasa Corporation, Lok Housing, Mantri, MVL Limited, Marg Limited, Runwal properties, Ritesh Properties, Sobha Builders, amongst others.

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Posted by Ravi Karandeekar at Saturday, May 01, 2010
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1 comment:

  1. AnonymousTuesday, May 4, 2010 at 11:59:00 AM GMT+5:30

    Its nothing new for TOI, they have been doing this for a long time and missleading the public for their own benefit. Now onwards you can see more big advertises & positive news of this builder. TOI has lost all its ethical reporting and milking the builders and missleading the poor man to buy houses with these companies. Most of the blogers call TOI as a toilet paper, just use and dispose.

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