Times Private Treaties Invests In Pharande Promoters

Times Private Treaties has announced investments in the Bangalore-based Prestige Group and the Pune based Pharande Group. With these investments, Times Private Treaties today has a stake in more than a dozen real estate firms across the country.
The Pharande Promoters and Builders have emerged in the past decade and a half as one of the pre-eminent builders of unique and high quality residential projects in Pune. Pharande Promoters are currently executing projects in the industrial township Pimpri Chinchwad.
Set up in 1992 by Anil Pharande, the firm has constructed more than 1.7 million sq.ft residential spaces and developed more than 100 acres of land. Pharande Promoters have built a range of residential projects, including bungalows, row houses and apartments in industrial townships.
Pharande Spaces are amongst the most dynamic construction companies in the Pradhikaran area of Pune, with a compounded annual growth rate of 50 % in the period 1999 to 2005, almost 100 % in 2005 – 2006 and 130% in 2006-2007 and 150% in 2007-2008.
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