Shapoorji Pallonji real estate launches luxury residential project SKYRAA in Thane

Mumbai, February 28, 2022: Shapoorji Pallonji Real Estate, has announced the launch of the Shapoorji Pallonji SKYRAA – a luxury residential project in Thane. This is one of the tallest towers in Thane which will have 332 luxury apartments with configurations of 3 BHK and 4 BHK, ranging from 1300 sq. ft. to 1600 sq. ft.

The project will have a Clubhouse called Float on the 51st level and a Rooftop Sky Lounge. The clubhouse will also have a business centre with workspace, library, spa and salon, golf simulator, music room, and viewing deck.

A high street retail zone of ~40,000 sqft total Carpet Area called The Impulse will also be developed within the project premises.

The project is located on Pokhran Road No. 2. Located adjacent to the Eastern Express Highway.

The project is priced in the price range of Rs 2.44 crore to Rs 3 crore excluding other charges. The company is expecting a total sales realization of around Rs 525 crore from the new launch.

Speaking at the launch, Venkatesh Gopalkrishnan (CEO, Shapoorji Pallonji Real Estate) said, “We have witnessed a steady demand for spacious luxury homes in the last couple of months which indicates a shift in the post-pandemic consumer behavior in Thane market. Leveraging this shift and latent demand, we have planned to launch a new phase, believing this is the right time to bring the best products to the Thane micro-market.”

“Given the current scenario, customers look forward to assurance from trusted brands to reimpose their faith in buying a home and we are confident that SKYRAA will not only deliver but exceed customers’ expectations of luxury living,” Mr. Sumit Sapru (Business Head, Shapoorji Pallonji Real Estate) added.