Realty player Shapoorji Pallonji Real Estate on Thursday launched a premium residential project in Bengaluru, marking its foray into the IT hub of the country.

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Spread across 47 acres, the project ParkWest will have 18 storey tower scaling a height of 60 metres and will have two and three bedroom apartments, garden duplexes and penthouses ranging from 1,245 sq ft to 2,921 sq ft, the company said in a statement.

"This project marks our foray into the Bengaluru market," company's Chief Executive Officer Kekoo Colah said.

He further said the luxury residential project will offer Bengaluru residents gracious and exclusive living with the best of modern amenities, right in the heart of the city.

"With a stable and growing residential market, and improved infrastructure, Bengaluru is poised for sustained growth," he added.