Kolte-Patil Acquires 7.5-Acre Pune Land with Rs 14 bn GDV

14 Oct 2025 CW Team

Kolte-Patil Developers has acquired a 7.5-acre land parcel in Pune’s western micro-market, with a projected gross development value (GDV) of around Rs 14 billion. The project will be developed as a premium residential community catering to mid and upper-income homebuyers.

Located along the Baner-Balewadi corridor, the land is strategically positioned near Pune’s IT and commercial hubs. The acquisition is expected to strengthen the company’s presence in the city’s high-demand residential zones.

According to the developer, the project will feature contemporary amenities and sustainable design principles. The development aligns with Kolte-Patil’s focus on expanding its footprint across prime locations in Pune and scaling up its overall development portfolio.

With this acquisition, Kolte-Patil aims to enhance its revenue visibility while capitalising on Pune’s robust housing demand and infrastructure growth.

Real Estate

11 Nov 2025

Hettich Showcases ‘Magical Motion’ Innovations at Acetech 2025

Staying true to its promise of ‘Magical Interior Experiences’, Hettich unveiled a futuristic showcase at Acetech 2025, reimagining the future of modern living and workspaces through innovative German engineering. As an Associate Partner, Hettich’s exhibit captivated visitors with the SpinLines family, headlined by its latest innovation — RoomSpin. This choreographed interior system transforms entire spaces within seconds by rotating room modules to create dynamic, flexible environments. Engineered with precision turning and swivelling mechanisms, it enables architects and designer..

HPWWI, Biesse Partner to Boost Woodworking Skill Development

The Hettich Poddar Wood Working Institute (HPWWI) has signed a Memorandum of Understanding (MoU) with Biesse, strengthening efforts to advance skill development in India’s woodworking sector.The partnership will enhance training in advanced woodworking machinery, helping learners integrate modern technology into traditional craftsmanship. It marks the second collaboration between HPWWI and Biesse — after Faridabad — now expanding to Bhandup, Mumbai, symbolising Biesse’s entry into India’s financial capital.Mr Amit Prasad, CHRO, Hettich India & Director, HPWWI, said, “At HPWWI, ..

ITA launches India programme to boost clean industry projects

The Industrial Transition Accelerator (ITA) has launched its India Project Support Programme and released the India Insights Briefing: Unlocking India’s Clean Industrialisation Opportunity, developed with Boston Consulting Group (BCG). The initiative seeks to accelerate investment-ready decarbonisation projects and drive low-carbon growth across India’s key industrial sectors. A global multi-stakeholder initiative launched at COP28, the ITA’s new programme aims to fast-track flagship industrial projects in sectors such as chemicals, steel, cement, aluminium, aviation, and shipping, supp..