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Shapoorji Pallonji to focus on residential real estate

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Shapoorji Pallonji Group’s real estate arm SP Real Estate (SPRE) expects its residential portfolio to reach 20 million sq ft over the next six years, including its affordable housing offering under the brand ‘Joyville’.

‘We have been present in the luxury and mid-income segments and recently made a foray into the affordable housing or aspirational urban housing as we call it,’ said SPRE Chief Sales and Marketing Officer Cyrus Engineer.

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