Shapoorji Pallonji Real Estate has launched a new phase at Joyville Howrah near Salap.
The new phase will have around 240 efficiently designed 2-BHK and 3-BHK apartments, ranging from 621 sq-ft. to 831 sq-ft. The starting price of 2-BHK home is Rs 35.9 lakh and 3-BHK home is Rs 48.2 lakhs.
In the first phase, the company had launched over 500 apartments out of which it has already delivered around 300 apartments and planning to deliver rest of the apartments soon. The Phase 1 is almost sold out.
Joyville is a $200 million housing platform by Shapoorji Pallonji, Actis, International Finance Corporation (an arm of the World Bank) and Asian Development Bank, to develop easy-to-own aspirational homes in India.
So far, six projects have been launched under the Joyville platform, of which three are in Pune and one each in Mumbai, Howrah (near Kolkata) and Gurugram. Joyville Howrah is the first project of this platform.
Sriram Mahadevan, MD, Joyville Shapoorji Housing, said, “We have witnessed a renewed interest of homeownership in Howrah micro-market following the massive infrastructure developments. Leveraging this shift and demand, we have planned to launch the new phase, believing this is the right time to bring best products to this micro-market.”
Joyville Howrah is spread across over 30 acres of land. The project is registered with EDGE, an IFC backed Green Building Rating system focused on making buildings more efficient in terms of resource consumption.
Howrah’s connectivity to Kolkata is set to receive a boost with the upcoming East-West Metro Line which will augment the existing connectivity and transform the way people commute. Connecting Howrah all the way up to Salt Lake City via Esplanade and Sealdah, the new metro line will give residents of Howrah unparalleled access to Kolkata.
