Realty developer Gera Developments has acquired a land parcel spread over 12.5 acres in Pune’s Wagholi locality with a total development potential of 2.5 million sq ft in one of the largest land transactions in the city.
The Pune-based company is planning to invest over Rs 1,400 crore including the consideration for the land to develop a child-centric homes project on this land parcel.
Gera Developments has tied up with celebrities such as Rohit Sharma, Mahesh Bhupathi, Pullela Gopichand, Bhaichung Bhutia, Shankar Mahadevan, and Shiamak Davar to set up learning academies right within their Child-centric homes projects.
