The first phase is complete and already occupied by the management level employees of TATA and Wipro. Its close proximity to Hinjewadi IT Park also makes it a very lucrative investment option.

The project will be complete by early 2008.

Retailing of apartments along with property management was a new concept in Pune. Expat has ventured into this through High Class Residency Project. The proximity of High Class Residency to Hinjewadi IT Park, Pirangut Industrial Belt, Govt. establishments like ARDE, DRDO, NDA, NCL & HEMRL besides the coveted residential and commercial projects in NDA – Pashan Road, serves as the main USP for its residential & investment value for clients looking at purchasing the property as an investor.

High Class Residency has four six storied towers which have a maximum of 120 apartments (2 & 3 BHK flats); two of these towers are already bought over by Tata Executives, through Tata Employees Housing Welfare Society, Jamshedpur. Expat Properties is engaged in the property management of these two buildings. Most of the apartments that have been leased, have been to corporate clients from the neighboring IT sector. In Phase – II, construction of ‘Block D’ building is in full swing and ‘Block C’ is scheduled to commence by the end of Jan 2006.

Recent Developments
As of today, while the ‘D’ Building is getting ready for possession in a couple of months time, the Investors are enjoying an appreciation of 125%. For the ‘C’ Building, for which, possession will be in Aug 2007, prospects are looking good too.

Surrounding developments of High Class Residency also have undergone a lot of positive change by way of more residential and commercial projects, better infrastructure, plans for connectivity to NDA road, pipelines by PMC for corporation water etc.

Aditya Shagun Mall, just behind this Project, is totally sold out and will be open in 2007 for the public. It has added extra value to the corporate crowd in Bavdhan – Pashan area.

The presence of Concept Services, a Service Apartment firm, with Infosys and Wipro as its clients, in the Phase I of High Class Residency has increased the momentum and liveliness of the Project with their well-furnished apartments and multicuisine restaurant. Progress of construction in Phase II is as per the schedule of the builder and to the satisfaction of clients, both in its pace and quality.