Kolte-Patil Developers, a leading Pune based real estate developer, has completed the acquisition of a 34 acres land parcel situated at Wakad, Pune for approximately Rs 350 crore. This land parcel is the largest contiguous land parcel within the city municipal limits and has a prime location on the Mumbai-Pune highway.
The Wakad land parcel lies in close proximity to the Rajiv Gandhi Hinjewadi IT Park that houses global IT companies like Infosys, Wipro, TCS, IBM, Tech Mahindra etc. making Wakad a preferred residential choice in Pune. Further, adding to the attractiveness of the location is its vicinity to the renowned areas of Aundh and Baner, Pimpri- Chinchwad Industrial area, Mumbai-Bangalore Bypass and Balewadi National Sports complex.
The project is 100% owned by the company with a total saleable area of 2.3 million square feet. The company will develop a mixed-use residential housing project with some commercial aspect. The project is expected to be launched shortly after all the requisite approvals are in place.
Kolte-Patil Developers is a leading Pune-based real estate company having developed and constructed 42 projects Including 30 residential complexes, 8 commercial complexes, and 4 information technology parks covering a saleable area of over 7.5 million square feet across Pune and Bengaluru.
The Wakad land parcel lies in close proximity to the Rajiv Gandhi Hinjewadi IT Park that houses global IT companies like Infosys, Wipro, TCS, IBM, Tech Mahindra etc. making Wakad a preferred residential choice in Pune. Further, adding to the attractiveness of the location is its vicinity to the renowned areas of Aundh and Baner, Pimpri- Chinchwad Industrial area, Mumbai-Bangalore Bypass and Balewadi National Sports complex.
The project is 100% owned by the company with a total saleable area of 2.3 million square feet. The company will develop a mixed-use residential housing project with some commercial aspect. The project is expected to be launched shortly after all the requisite approvals are in place.
Kolte-Patil Developers is a leading Pune-based real estate company having developed and constructed 42 projects Including 30 residential complexes, 8 commercial complexes, and 4 information technology parks covering a saleable area of over 7.5 million square feet across Pune and Bengaluru.
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