City-based Sahil Group is all set to strengthen its base in construction and hospitality business and has moved a step ahead in both the segments.
It recently unveiled its premium housing project ‘Sahil Sarvadaa’ at Kondhwa.
Based on the concept of stress free homes, the project has been equipped with all the amenities that can contribute towards making your life stress free. Its rejuvenation centre has swimming pool, yoga and meditation room, steam room and an open garden. The possession ceremony of the same was held recently.
Currently Sahil Group has undertaken construction of over 5 lakh square feet mainly comprising residential projects in the city These are 4 premium residential projects in Pune in the areas like Baner, Erandwane, Bavdhan and Kondhwa.
In the current financial year the Group would be undertaking construction of another 15 lakh square feet, which will comprise residential, hospitality and retail spaces. These new projects will come up in Pune and Kandivali, Mumbai. The estimated project cost of the real estate projects being set up by Sahil Group is around Rs.600 crore. In the hospitality business Sahil Group has so far invested Rs.200 crores in setting up two properties at Lonavala and Alibaug. It recently unveiled its five star category Resort and Spa in Alibaug. Radisson Resort and Spa at Alibaug has two strategic operators, it is being managed by Carlson Hotels Worldwide. The Spa here is being managed by Mandara Spa from the MSpa International Thailand. This spa holds the distinction of being the largest spa property in the country having 16 private spa pavilions surrounded by beautifully landscaped gardens and clear blue waters.
Under the expansion plan of hospitality business Sahil Group is planning to set up a 250 rooms five start business hotel at Balewadi with an investment of Rs.250 crore.