Pune-based real-estate developer D S Kulkarni Developers Ltd has launched DSK Dream City, a township project under the Maharashtra Special Township Act at Loni on the Pune-Solapur highway.

The Rs 8,000-crore project involves building 12,000 residential units in seven phases with a target to complete it in eight years.

It will be spread over 300 acres, of which 256 acres have already been acquired. The first phase of 1,044 homes has just been announced, and is expected to be ready for handing over by the end of 2017.

Project facilities

The township, which will have clearly demarcated areas for sports, IT parks, malls and markets, schools and an entertainment zone away from the residential areas, is also where DSK has just launched a residential football academy in association with premier league team Liverpool Football Club.

“There will be an IT park on 20 lakh sq ft, a seven-star hotel, 15 academies for sports, 26 cricket pitches, 14 gardens, including a botanical garden, and a total of 250 amenities,” D S Kulkarni, Chairman and Managing Director, D S Kulkarni Developers, said.

Artificial river, surface transport

The project will have an artificial river running through it which will also provide a transportation system, as well as a 57,000 sq m lagoon. Surface transport through the city will be provided by a tram system, he said, adding that eco-friendly initiatives like rain water harvesting, sewage treatment and water recycling will help provide water for the township.

D S Kulkarni Developers is the flagship company of the DSK Group that has interests in automotive, education, IT, hospitality and construction space, among others. An international campus housing hostels and schools for animation, gaming and industrial design have already been established as part of the township.