Shapoorji Pallonji Clears First 200 Acres of 900-Acre Khopoli Plotted Township

Shapoorji Pallonji Clears First 200 Acres of 900-Acre Khopoli Plotted Township

Shapoorji Pallonji Real Estate (SPRE), the property arm of the Shapoorji Pallonji Group, has received the regulatory approval needed to launch the first 200 acres of its 900-acre township at Khopoli in Raigad district, right off the Mumbai-Pune Expressway. The announcement was reported on 15 November 2026, when Venkatesh Gopalakrishnan, Director of the Group Promoter's Office and Managing Director of SPRE, spoke to PTI. The project is a plotted township, not an apartment tower project, and it is aimed at buyers who want a second home within reach of both Mumbai and Pune.

The key numbers from the announcement are these. The company has invested about ₹1,500 crore in the development, including land cost, and has secured the entire land parcel. The gross development value of the whole township is estimated above ₹6,000 crore, while Phase 1 is estimated at about ₹1,800 crore. Gopalakrishnan said the initial phase should be fully developed within 30 months. These are projections, not revenue already earned. SPRE has also finalised the master plan for all 900 acres, so later phases are already mapped out.

The township will be built in phases with different themes. Health and wellness facilities form the core offering, and sports and adventure components are planned for later stages. The developer's listing describes Phase 1 as roughly 526 premium residential plots, with sizes from 1,750 to 4,000 sq ft. A 2,000 sq ft plot in the Phase 1 launch option is shown at ₹95 lakh all-inclusive as of November 2026, and other sizes are priced on request. An expression of interest is listed at ₹90,000, refundable.

What This Means If You're Buying

For a buyer, the most important change is that a large, legally cleared plotted project near the Mumbai-Pune corridor has moved from concept to a launch stage. Plots at this scale are rare, and the approvals for Phase 1 reduce one layer of uncertainty. Still, the project is at pre-launch stage. It is not yet RERA registered and is not open for sale or booking until registration is complete, so the expression of interest should be read as an early-interest step, not a purchase.

Price is where buyers should slow down. The only figure published so far is the ₹95 lakh all-inclusive price for one 2,000 sq ft plot in the Phase 1 launch option. Other sizes are on request, so a buyer comparing a 1,750 sq ft plot with a 4,000 sq ft plot will need written pricing for each before judging value. Plotted buyers also need to plan for construction costs, which are separate from the plot price and will be the buyer's responsibility.

Location is a genuine advantage. The Mumbai-Pune Expressway Missing Link opened on 1 May 2026. It is a 13.3 km, eight-lane bypass from the Khopoli exit to Kusgaon, built by MSRDC at a cost of about ₹7,000 crore, and it trims the Mumbai-Pune drive by roughly 25 to 30 minutes in normal conditions, with more savings in some months. The downside is that goods trucks still use the old ghat road, and monsoon driving on this stretch can be slow. Buyers who plan weekend use should test the drive at different times of the year.

Synergy Infracon's Take

Our read is that this is a meaningful step for SPRE and a useful signal for Khopoli, but not yet a reason to rush. The developer says it has secured the entire land parcel, which is a stronger position than many plotted launches in the corridor. The company also has a Pune plotted project of 105 acres that it entered in late 2025, and the Khopoli township is its second project of more than 900 acres, so the model is still being tested. The revenue figures are the developer's own projections, and analysts have pointed out that the outcome will depend on execution, buyer demand and the health of Maharashtra's property market.

Where we differ from a simple "launch equals opportunity" view is on timing. A 30-month Phase 1 timeline is ambitious for a site that needs roads, utilities and wellness infrastructure built before plots are handed over. We would want to see RERA registration, approved layouts and clear infrastructure milestones before treating the project as a safe second-home choice.

What We'd Advise Right Now

• Treat the ₹90,000 expression of interest as a way to get information, not as a booking. Read the refund terms in writing before paying anything.
• Wait for RERA registration before making any payment towards a plot. Ask for the registration number, the approved layout and the sanctioned plot-wise specifications.
• Ask for the price of each plot size you are considering, in writing, and compare the all-inclusive figure against the same items at other plotted projects nearby.
• Drive the Khopoli exit and the Missing Link route at peak hours and in the rains before deciding on a second home there.
• Check the payment schedule, possession terms and development charges together, not one at a time.

Our sales team can arrange site visits, compare Khopoli plotted options side by side and walk you through the paperwork before you commit.

Related Projects We Cover

• Shapoorji Pallonji Delphi Khopoli: the same township, also searched under this name, and the place to start for pricing and availability updates.
• Hoabl Lumina Enclave, Khopoli: another residential listing in Khopoli, useful for comparing location and price per sq ft.
• Hoabl the Smart 99 Launchpad, Khopoli: a Khopoli option for buyers who want to see how the local market is priced.
• Hoabl Celebration Land – Neral: a Raigad-district option for buyers comparing the wider Neral and Khopoli belt.
• Shapoorji Pallonji Chembur: the developer's Mumbai project, relevant for buyers weighing a city home against a second home on the corridor.

Key figures as of November 2026

Shapoorji Pallonji Khopoli: Questions Buyers Ask

Q: Can I book a plot at Shapoorji Pallonji Khopoli now?
No. The project is not yet RERA registered and is not open for sale or booking until registration is complete. The expression of interest of ₹90,000 is refundable and is the only step listed so far.

Q: What is the price of a plot here?
As of November 2026, a 2,000 sq ft plot in the Phase 1 launch option is listed at ₹95 lakh all-inclusive. Other sizes are priced on request.

Q: How far is the project from Mumbai and Pune?
The site sits right off the Mumbai-Pune Expressway at Khopoli. The Missing Link bypass, opened on 1 May 2026, cuts the drive by roughly 25 to 30 minutes.

Q: Is this a good option for a second home?
The township is designed as a gated, low-density plotted community for second-home buyers, with wellness facilities at its core. Buyers should weigh the long build-out, the monsoon road conditions and the developer's projections before deciding.