Kolte-Patil Developers Acquires 7.5-Acre Land in Pune for Rs 1,400 Crore Housing Project
Kolte-Patil Developers, a leading real estate firm, has acquired a 7.5-acre land plot in Pune to develop a housing project worth approximately Rs 1,400 crore. The project is expected to have a saleable area of around 1.9 million square feet.
Real EstateHousing ProjectPuneKoltepatil DevelopersLand AcquisitionReal Estate PuneOct 10, 2025
In a regulatory filing, the company announced the acquisition of the land parcel, though it did not disclose the name of the seller or the acquisition cost. The project is anticipated to have a gross development value (GDV) of about Rs 1,400 crore, reflecting the company's commitment to delivering high-quality residential options in one of India's fastest-growing cities.
Kolte-Patil Developers has a strong track record of developing and constructing over 68 projects, including residential complexes, integrated townships, commercial complexes, and IT parks. These projects cover a saleable area of more than 30 million square feet across key cities such as Pune, Mumbai, and Bengaluru. The company's extensive experience and successful track record make it a trusted name in the real estate sector.
The acquisition of the 7.5-acre land in Bhugaon, Pune, is a strategic move that aligns with Kolte-Patil's growth plans. Pune, known for its thriving IT and education sectors, has seen a surge in demand for residential and commercial properties. The company's new project is expected to cater to this growing demand, offering modern living options with state-of-the-art amenities.
Kolte-Patil Developers is one of the leading real estate companies in the country, known for its commitment to quality, innovation, and customer satisfaction. The company's latest acquisition and project development are expected to further enhance its market position and contribute to the urban development of Pune.
With a robust portfolio and a clear vision for the future, Kolte-Patil Developers continues to set new benchmarks in the real estate industry. The new housing project in Bhugaon is poised to be a significant addition to the company's portfolio, offering residents a premium living experience in a rapidly developing area of Pune.
Frequently Asked Questions
What is Kolte-Patil Developers' latest acquisition in Pune?
Kolte-Patil Developers has acquired a 7.5-acre land parcel in Bhugaon, Pune, to develop a housing project worth about Rs 1,400 crore.
What is the estimated saleable area of the new housing project?
The new housing project is expected to have an estimated saleable area of around 1.9 million square feet.
Where is the land parcel located?
The land parcel is located in Bhugaon, Pune.
How many projects has Kolte-Patil Developers developed so far?
Kolte-Patil Developers has developed and constructed over 68 projects, including residential complexes, integrated townships, commercial complexes, and IT parks.
What cities does Kolte-Patil Developers operate in?
Kolte-Patil Developers operates in key cities such as Pune, Mumbai, and Bengaluru.
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