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Gera in News

Gera Developments launches Gera’s Isle Royale

Realty Plus Magazine - 7 October, 2013

Like luxury cars, high-end housing with a flat costing more than a crore has seen great demand in the city. People are ready to pay for amenities and elegance said Gera Developments MD Rohit Gera during announcement of the developer's launch of a super premium lifestyle residential project "Gera's Isle Royale" located at Bavdhan. "There is a great demand supply balance in luxury housing segment. Seventy-three per cent flats of a total 12813 luxury segment flats in the city have been sold by the end of June this year. Currently Pune has around 2,300 projects going on and merely 10 percent contributes in luxury segment," says Gera. Gera added that there has been rise in the supply of luxury flats by 60 percent and eastern and western corridors of Pune are expanding. "In June 2012 we had 124 projects and in June this year we had around 238 projects actually going on in luxury segment. The supply has been doubled in just one year in luxury segment," he said adding that the profile customers of these segments as upper class service people from IT, BPO and manufacturing sector along with business category and people from Mumbai as well as Sangali, Satara Kolhapur. Gera's Isle Royale will have exclusive independent super luxury villas and lavish high rise apartments. According to Gera among areas with upcoming luxury projects includes Kharadi, Kalyani Nagar, Bawdhan and Baner. He said luxury housing forms 5 per cent of the total real estate business in Pune. "Bavdhan is favourable for people IT, manufacturing, service or be professionals and still be close to their place of work. The major movement of customers is from existing home buyers in Baner and Kothrud who are looking to move out of the densely populated areas. It also has a very strong potential of being a second home especially for people from Mumbai as well as an investment option," says Gera. The bookings for Gera's Isle Royale will open on October 5. It will offer state-of-the-art home automation technology which includes world class features like I-pad controls accessible from any part of the world. The new project will have Wi-Fi connectivity, guard monitoring systems, intrusion sensors with hooters, private elevators. Among other amenities Gera's new project will have a luxurious 8,500 square feet swimming pool with underwater lighting, an elder's corner as well as tennis and squash courts.

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I cannot thank you enough for making our journey with Gera so so interesting and mind-blowing. I had never ever imagined my life taking a beautiful turn with me beginning to start my career as a music teacher that too with SMA (Shankar Mahadevan Academy) and all this has been possible only because of GERA and YOU my dear.
It is only because of your efforts and kind gesture that I could meet the man himself (Shankar Ji) and have a small recording session with him. That was like a dream come true.
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It was indeed a pleasure being a part of the Christmas celebrations at Astoria. Kudos to the Gera team for bringing in such a wonderful event with great carol singing participation from our own kids. It brought in the spirit of Christmas and the games, Santa, the gifts only added to it. Thanks for organising such a wonderful event which helped in community building...looking forward to many more such celebrations!


The Christmas event organised at Astoria was a big success and a big step in bridging the gap between us and Gera. It was a memorable event as we are still in the beginning of our journey of life in our little home at Astoria. The kids have been the happiest of all and what more can we ask for when we see smiles on the faces of our little ones. Kudos to you and your team for making this event a huge success! Looking forward to many more in the years to come.


The Christmas party organised by Gera at Astoria this year was a great success with good participation from kids and parents. Our children Sia and Saish enjoyed the party to the fullest. Sia, in particular, had a gala time and reiterated her stand that Anita aunty's parties are THE BEST.... We as your customers take much pride in informing our friends that such goodwill gestures are one of the many differentiators Gera brings to us, which no other builder in Goa can boast of. Many thanks to you and your team for doing an excellent job in putting up this event. We look forward to the next one! A big thanks to the Gera Management for its efforts in community building.