Kolte-Patil Developers Signs Two New Residential Projects In Pune

Rutuja Kedare May 11, 2023 0

Kolte-Patil Developers, a leading real estate developer, has signed agreements to initiate two residential development projects in Pune. These projects, located in Pune’s Wagholi on Nagar Road and NIBM Road in Kondhwa, offer a combined saleable area of 1.9 Million SqFt and revenue potential of approximately INR 1,300 crore

With these endeavors, the company aims to strengthen its presence in Pune’s promising micro-markets. In Wagholi, the company has acquired 5 acres of land to construct a mid-income residential project spanning 7.5 Lakh SqFt and has a revenue potential of INR 400 crore. Kolte-Patil Developers has already delivered over 5 Million SqFt of projects in Wagholi. 

The company has entered a joint venture to develop a premium residential project with a total development potential of 1.15 Million SqFt and a revenue potential of INR 900 crore on NIBM Road, Kondhwa.

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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.


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