Gera Developments announces Gera's Island of Joy in East Kharadi, Marking
a Decade of Innovation with Gera’s ChildCentric® Homes!
Pune,
India — Gera Developments Private Limited, renowned pioneers in Real Estate, and
recipients of multiple awards for their premium residential and commercial
projects across Pune, Goa, and Bengaluru, are excited to introduce their latest
project, Gera's Island of Joy. This launch coincides with celebrating a significant
milestone in Gera’s rich legacy as innovators and forward-thinkers – a decade
of Gera’s ChildCentric® Homes.
Gera
has been at the forefront of innovation, having launched ChildCentric® Homes in
2014, tailored to the needs of modern families. Projects like Song of Joy and
River of Joy have set new benchmarks in understanding and responding to the
needs of parents in raising their children, and ensuring families spend quality
time with one another, over and above comprehensive child development,
bolstered by partnerships with esteemed academies. With a portfolio that has brought
joy to over 3,500 satisfied families, and won numerous accolades, including the
prestigious "Themed Project Of The Year" award, Gera continues to raise
the standards of Real Estate in the country.
The
introduction of Gera’s Island of Joy in East Kharadi^ marks the latest chapter
in Gera Developments' illustrious journey. Encompassing 12.5 acres, with 9
towers, and over 1,800 homes, Gera’s Island of Joy offers unparalleled leisure
amenities, including three clubhouses, private Go-Kart racing, a wave pool, and
a bowling alley. Nestled along the riverbanks, it also features 9 celebrity-led
learning academies focused on sports, performing arts, and personal development
creating an enriching environment for families.
Mr.
Rohit Gera, Managing Director of Gera Developments, expressed his pleasure at
the launch event, “A decade ago, we dared to dream differently, and rewrote the
rules of what a modern home could be. Gera’s ChildCentric® Homes was
a concept designed to ease the burden off families, and give them the impetus
to make the most of the opportunities available for their children to prosper
in every way possible. Over the years, with every successive project, the
response has been phenomenal. It gives us great joy to present to you Gera’s
Island of Joy, a testament to our dedication to crafting exceptional living
spaces for modern families. Our celebrity academies are
committed to identify and hone the talents of the children that will inhabit
the space. The amenities that are unique to our project promise to make a
lifetime of memories for the families. Gera’s Island of Joy stands as a symbol of
modern living, bringing unparalleled comfort and joy for its residents – a
perfect beginning to the next decade of Gera’s ChildCentric® Homes.”
Strategically
positioned near prominent SEZ and IT parks, Gera’s Island of Joy ensures
connectivity and convenience. As part of an Integrated Township, it emphasizes
sustainability with innovative features, including Pune's first electric
Go-Kart racing track.
On
Pune’s Real Estate front, Gera Developments notes a substantial surge in the
sector from fiscal years 2022 to 2024, witnessing a remarkable 29% increase in
overall off-take, soaring from 14,654 units to 18,902 units. This growth is
particularly notable in the thriving IT corridors of Kharadi and Hinjewadi,
experiencing surges of 32% and 82%, respectively. Additionally, prices have
seen a commendable 25% growth, with budgets increasing by an impressive 30%.
An
integral part of this growth is the significant increase in apartment sizes, up
by 14%, demonstrating a commitment to meeting the evolving needs of modern
families. With 21,660 units added against 18,902 sold in FY24, indicating a
replacement ratio of 1.14, Gera Developments remains cognizant of maintaining
the equilibrium between supply and demand.
About
Gera’s ChildCentric® Homes
Gera’s
ChildCentric® Homes have created a unique category in the Real Estate sector by
providing its residents with not only a premium home and infrastructure but
also facilities to ensure safety, convenience, fun, and development for children
in the form of a state-of-the-art clubhouse with celebrity-led academies.
Amongst the many features provided at Gera’s ChildCentric® Homes are the
tie-ups with world-class celebrity academies for professional coaching in the
field of sports, arts, and personality development making learning a fun-filled
experience. Gera Developments has roped in India’s best to offer intellectual,
physical, and vocational coaching, right on the housing society premises. Shankar
Mahadev Academy, Shiamak Davar’s Institute for Performing Arts, CricKingdom by Rohit Sharma, Mahesh Bhupathi Tennis Academies, Nisha Millets
Swimming Academy,
and Bhaichung Bhutia Football Schools, are some of the celebrity-led academies that are
currently active across Gera’s projects, forming an impressive array of choices
offered to the children.
About
Gera Developments:
Gera,
a reputed brand for over 50 years, is one of the pioneers of the real estate
business in Pune. Recognised as the creators of premium residential and
commercial projects in Pune, Goa and Bengaluru, the brand has established a
global presence through developments in California, USA. Gera prides itself on
providing long-term enjoyment to customers, by having a distinct customer-first
approach. The philosophy of Gera is “Let’s Outdo,” which rests on the trinity
of Innovation, Transparency, and Enhanced Customer Experience. It is at the
heart of Gera’s effort to infuse innovation and transparency in Real Estate and
home building, with an unwavering focus on meeting the shifting lifestyle
dynamics of their customers, while upholding the premium living experience.
Accordingly, there are many ‘firsts’ that stand to Gera’s credit.
The
company introduced a 5-Year Warranty on Real Estate, consisting of Preventive
Maintenance & Repairs and provision of insurance on buildings way back in
2004 for the first time in India. RERA mandated the same only in 2017. Gera
Developments Private Limited has now introduced India’s first and only 7-year
warranty in Real Estate. It has designed and launched a pathbreaking concept,
the award-winning Gera’s ChildCentric® Homes, which revolutionised the real
estate sector for both, the developer and the home buyer. Other revolutionary
and highly successful product lines have been IntelliplexesTM, SkyVillasTM, and
The Imperium series. In its 50th Year, the company launched yet another
first-of-its-kind industry initiative – Gera’s Home Equity Power, by providing
financial flexibility to customers to withdraw funds from their prior payments
to meet financial emergencies.
These
products are matched by the services of the GeraWorld® Mobile App, which brings
speed, convenience, and transparency to the buyer, enhancing the customer
experience. Gera has also recently launched the Club Outdo initiative, a
tech-driven loyalty and referral program that provides multiple benefits,
offers, and community engagement opportunities to existing and new customers.
The
company emphasises delivering value-added experiences to customers, with
projects designed around the evolving needs of their customers. Driven by
trust, quality, a customer-first mindset, and innovation, the brand has won
several national and international awards on both the product and service
front.
GDPL also continues to be certified as ‘India's
Great Mid-Size Workplaces’ by the Great Places to Work® (GPTW) Institute for the sixth year in a row.
Gera envisions bringing out the best of Real Estate in India. As it redefines
new standards of service orientation, product innovation, real estate
marketing, and brand building, it is consistently generating fresh value for
its stakeholders, while raising the bar for the industry.
Please
visit www.gera.in for more
information