News
Marvel Realtors Launches ‘Basilo’, Koregaon Park’s First-of-its-Kind Luxury Towers
Vishwajeet Jhavar, Founder and CEO at Marvel Realtors
Pune, April 21, 2025: Marvel Realtors have launched Basilo — an ultra-luxury high-rise in Lane 5, Koregaon Park, one of India’s most sought-after neighbourhoods. With expansive residences, refined design, and a thoughtfully curated amenity experience, Basilo sets a new benchmark for elegant city living.

Speaking about the launch, Vishwajeet Jhavar, MD and CEO of Marvel Realtors, said, “This development is rooted in a simple belief that luxury is not just about finishes and amenities, but how a space makes you feel every single day. Koregaon Park has long been Pune’s crown jewel, and Lane 5 in particular carries an iconic identity. With Basilo, we see this as more than real estate; it’s an opportunity to create homes that offer privacy, greenery, openness, sophistication, and unmatched comfort in the middle of the city. With rising demand and limited supply in prime areas, we believe this project will become a defining address for Pune’s new generation of homeowners and global investors. It is being thoughtfully built to offer an experience that goes beyond what Pune has seen so far—a quieter, more refined, state-of-the-art kind of luxury that gets everything right.”
Basilo will feature ultra-spacious 3, 3.5, and 4.5 BHK residences ranging from a carpet of 1,525 to 4,500 sq. ft., crafted to bring home the feel of a five-star hotel—only more personal and ultra luxurious. The design pairs calm elegance with quiet luxury—marble floors throughout, and warm engineered wood in one bedroom. Master bathrooms come with marble finishes. Kitchens are thoughtfully equipped with a modular design and premium built-in appliances—hob, chimney, dishwasher, microwave, and oven. Each home also includes a complete VRV/VRF air-conditioning system for silent, steady comfort.
The amenities are second to none, designed to make everyday living feel extraordinary. With a team of world-class architects, lighting experts, and interior and landscape designers behind it, Basilo is set to be truly one of a kind. Possession is expected in just 20 months.
Beyond the homes, Basilo elevates everyday living with hotel-grade lobbies, elegant visitor lounges, and an unmatched suite of lifestyle and utility-driven amenities:
- Landscaped gardens, a grand gated entrance, and a swimming pool
- Fully equipped gym, steam, sauna, jacuzzi, salon, and yoga studio
- Entertainment lounge with open-air video screening, bar, kitchen
- Private theatre, game zones, poker room
- Business centre with boardrooms, meeting lounges, and coworking spaces
- Multipurpose Playcourts, squash court, walking tracks
- Dedicated areas for staff and drivers, including lounges, bunk beds, showers, and a car wash station
- Thoughtfully planned children’s play area
Strategically located, Basilo combines the quiet charm of Koregaon Park with close proximity to Pune’s top schools, restaurants, boutique cafes, clubs, airport and hospitals and business districts. As large-format luxury apartments in central Pune become increasingly rare, Basilo fills a crucial gap in the market for those who value both space and stature.
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