Kolte-Patil Launches 22-Acre Joint Development Project in Pune

Pune, 7th February 2025: Kolte-Patil Developers Limited, a prominent real estate player in Pune, announces a new 22-acre joint development project with an estimated Gross Development Value (GDV) of Rs 1,000 crores. This project marks another significant m

KoltepatilPuneReal EstateJoint DevelopmentGdvReal Estate PuneFeb 07, 2025

Kolte-Patil Launches 22-Acre Joint Development Project in Pune
Real Estate Pune:Pune, 7th February 2025 - Kolte-Patil Developers Limited, a leading real estate developer in Pune, has signed a joint development agreement for a 22-acre project in the city.
The project, located in a strategic area, is expected to have a Gross Development Value (GDV) of Rs 1,000 crores.
This new venture aligns with Kolte-Patil's commitment to delivering high-quality, sustainable living spaces that cater to the growing needs of Pune's population.

Kolte-Patil Developers Limited, founded in 1985, has a rich history of developing residential and commercial projects across Pune, Mumbai, and Bengaluru.
With a strong focus on innovative design and customer satisfaction, the company has established itself as a trusted name in the real estate sector.
The new 22-acre development project is set to further solidify Kolte-Patil's position in the market.

The project is strategically located in a rapidly growing area of Pune, offering easy access to major road networks, public transportation, and essential amenities.
It will feature a mix of residential apartments, independent houses, and commercial spaces, catering to a diverse range of customer needs.
The development is expected to bring significant economic benefits to the region, creating numerous jobs and boosting local infrastructure.

In line with Kolte-Patil's commitment to sustainable development, the project will incorporate eco-friendly features such as solar power, rainwater harvesting, and green building materials.
The company aims to create a community-oriented environment that promotes a healthy and sustainable lifestyle.

Speaking on the occasion, Mr.
Gopal Patil, Managing Director of Kolte-Patil Developers Limited, said, 'We are excited to launch this new joint development project in Pune, which is a city that continues to see rapid growth and development.
This project is a testament to our commitment to providing high-quality, sustainable living spaces that cater to the needs of modern families and businesses.
We are confident that this project will be a success and will contribute significantly to the growth and prosperity of Pune.'

The project is expected to be completed in phases, with the first phase scheduled to be launched later this year.
Potential buyers can look forward to a wide range of amenities, including parks, schools, healthcare facilities, and retail outlets, ensuring a vibrant and convenient living experience.

Kolte-Patil Developers Limited has a strong track record of delivering on its promises, and this new project is no exception.
The company is committed to maintaining the highest standards of quality and service, ensuring that homeowners and business owners can enjoy a seamless and rewarding experience.

For more information about the project, interested parties can visit the Kolte-Patil Developers Limited website or contact the company's sales office.
The company is always ready to assist and answer any queries related to the new development.

In conclusion, the 22-acre joint development project by Kolte-Patil Developers Limited in Pune is a significant step forward in the company's growth strategy.
With its strategic location, sustainable features, and comprehensive amenities, the project is poised to become a premier destination for living and working in Pune.

Frequently Asked Questions

What is the size of the new joint development project by Kolte-Patil in Pune?

The new joint development project by Kolte-Patil in Pune spans 22 acres.

What is the estimated Gross Development Value (GDV) of the project?

The estimated GDV of the project is Rs 1,000 crores.

Where is the project located in Pune?

The project is located in a rapidly growing area of Pune, with easy access to major road networks and essential amenities.

What kind of sustainable features will the project incorporate?

The project will incorporate eco-friendly features such as solar power, rainwater harvesting, and green building materials.

When is the first phase of the project expected to be launched?

The first phase of the project is scheduled to be launched later this year.

Related News Articles

Global Cold Rolled Coil Market Experiences Price Hikes Amid Regional Hurdles
Real Estate

Global Cold Rolled Coil Market Experiences Price Hikes Amid Regional Hurdles

Despite regional challenges, the global cold rolled coil market is witnessing a significant price increase. This trend is being driven by a combination of factors, including real estate incentives, lower mortgage rates, and relaxed property buying rules,

October 15, 2024
Read Article
Jaisi Abraham's Death Ruled as Murder: Shocking Post-Mortem Report
Real Estate

Jaisi Abraham's Death Ruled as Murder: Shocking Post-Mortem Report

KOCHI: Jaisi Abraham, a prominent businesswoman in the real estate sector, was found dead recently. The post-mortem report has now revealed that her death was indeed a murder, prompting the police to intensify their investigation into potential disputes r

November 19, 2024
Read Article
House of Hiranandani to Pump Rs 12,500 Crore into Mumbai Real Estate
Real Estate Mumbai

House of Hiranandani to Pump Rs 12,500 Crore into Mumbai Real Estate

The renowned realty firm, House of Hiranandani, is set to invest a significant amount of Rs 12,500 crore in the bustling city of Mumbai. The investment will focus on a 25-acre land parcel in the prestigious Hiranandani Estate, Thane, where the company is

October 29, 2024
Read Article
SEBI Reduces Lock-in Period for REIT Sponsor Units to 15%
Real Estate

SEBI Reduces Lock-in Period for REIT Sponsor Units to 15%

The Securities and Exchange Board of India (SEBI) has announced a reduction in the lock-in period for units allotted to sponsors of Real Estate Investment Trusts (REITs) to 15%, down from the previous requirement. This move aims to enhance liquidity and attract more investors to the REIT market.

March 30, 2025
Read Article
Private Equity Investment in Indian Real Estate Surges 32% to $4.15 Billion
Real Estate Maharashtra

Private Equity Investment in Indian Real Estate Surges 32% to $4.15 Billion

In 2024, private equity (PE) investments in the Indian real estate sector, particularly in the residential market, witnessed a significant surge, more than doubling to $1.177 billion.

December 20, 2024
Read Article
Real Estate Sales Growth Levels Off Amid Affordable Housing Focus
real estate news

Real Estate Sales Growth Levels Off Amid Affordable Housing Focus

The real estate sector's sales growth has plateaued after a strong run, with the government's continued emphasis on affordable housing, particularly through the PMAY-Urban scheme, driving significant allocations.

April 8, 2025
Read Article