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Puravankara Projects Ltd, Pune-based Oxford Group and Mumbai-based EKTA World are to jointly develop 30 acres of prime residential land in Mundhwa, East Pune. The joint venture arrangement structured by JLL India will yield an expected two million square feet of prime residential space. From a residential real estate viewpoint, Mundhwa is now the location of choice for infotech employees from Pune's Magarpatta, Kharadi and Kalyaninagar IT hubs.
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