Tribeca Developers Partners with YOO to Launch Luxury Residential Project in Pune
Tribeca Developers and Tricon Infra Buildtech Pvt Ltd have announced the launch of ‘YOO ONE’, a luxury residential development, at NIBM Road, South Pune. This project marks the first entry of the YOO brand in South Pune and the third YOO project in Pune, a city with the highest number of YOO branded properties in the world. Susanne Khan for YOO is the interior designer of the project.
The announcement comes 18 months after Tribeca entered the city, through its 1.8 million square foot The Ark project. mixed-use development, which saw rapid sales of over Rs 450 crore in 15 months.
The YOO brand has been hugely coveted by Pune’s elite since entering the city in 2012 through YOO Pune and YOO Villas, two projects of Panchshil Realty, one of Pune’s biggest developers. Tribeca is an experienced player in luxury branded residences and is the largest developer of Trump-branded properties in the world, second only to the Trump Organization.
According to the company, YOO ONE will feature iconic glass and zinc facade towers overlooking a 200-acre reserved forest on one side and the Sahyadri mountain range on the other. Design is at the heart of the residences, with each room featuring floor-to-ceiling windows, flooding the residences with natural light and offering spectacular views of the city, adjacent forest and Sahyadris.
Residents will enjoy an exclusive collection of luxury amenities on the 1.5 acre rooftop terrace and at the YOO ONE Club, including an infinity pool, spa and fitness center with sauna, steam room and massage rooms, library, lounge, game room, children’s play area, gourmet restaurant and business center to name a few. The building’s hand-picked staff will provide catering, concierge, 24-hour doorman and valet services.
YOO ONE is being built at an estimated cost of Rs 450 crore, with 3 and 4 bedroom units ranging from Rs 1.9 crore to Rs 3.6 crore.
Commenting on the launch, Kalpesh Mehta, Founder of Tribeca, said, “This is one of those rare instances where an amazing site and a fantastic brand come together to provide the opportunity to create something truly beautiful. After almost 12 months on the drawing board and countless iterations, I’m incredibly proud of what we’ve created. YOO ONE will supersede all expectations. This project will not just be homes for a select few, it will be a landmark for the city of Pune.
John Hitchcox, Chairman of Yoo Group, said, “We couldn’t be happier to announce the launch of YOO ONE and to be working in partnership with Tribeca and Tricon – it’s another great collaboration for YOO. We sincerely believe that good design improves life, and we commit to it through all our projects; and we are especially delighted to be working with Sussanne Khan who brings her contemporary elegance to this incredible new offering.”
Brajesh Singh, Managing Director of Tricon, said: “It has always been my dream to build a world monument in my city. And what better way to do that than to bring the iconic YOO brand to South Pune. No detail was overlooked and no expense was spared in order to deliver our dream project to the city. The global appeal of the YOO brand along with the absolute best product offering will give Pune’s luxury residential market something to cherish.