Real Estate - Pune, Maharashtra, India
It was in 1998 when Mittal Group, which was then engaged in retailing & packaging industry which had a spread across the country & was flourishing rapidly, decided to diversify.After much contemplation, this group of young entrepreneurs, under the leadership of dynamic Mr.Naresh Mittal who has a vision for the future, decided to step into construction business.Various places where the Mittal Group has substantial presence were considered to start this venture . After much cogitation , Pune was chosen for various reasons. Pune back then was well chosen by many multinationals as a destination for huge investments. New Government initiatives were evident in establishing huge IT Parks and many software giants already had a presence.The property prices were also on the upward swing because of its proximity to Mumbai & Pune, which were seen as attractive investment options. Above everything, it was the middle class of Pune which goes primarily for quality & reasonable price, and had extended in valuable support in earlier ventures that was the prime reason behind the selection of this City.The first step of Mittal group into this arena was a big leap. They did not believe in modest beginnings but believed in a grand entry with modesty. The first venture SUN CITY : Comprising 360 flats were spread over 3,00,000 sq.ft. The project was completed without any hindrances & there was no looking back since then. One project followed the other, with resounding success, eclipsing the earlier achievements which made Mittal group one of the successful builders in pune.
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