Kolte-Patil Signs Pune JV For Rs 8.5 Billion GDV

19 Jan 2026 CW Team

Kolte-Patil Developers Limited has entered into a joint development agreement for a residential project in Bhugaon, Pune, strengthening its presence in one of the city’s fast-emerging suburban micro-markets.

Spread across approximately five acres, the proposed project will offer around 1 million sq ft of saleable residential space and carries an estimated gross development value (GDV) of Rs 8.5 billion.

Bhugaon is witnessing growing residential demand due to its blend of natural surroundings and expanding urban connectivity. The project site is surrounded by established neighbourhoods such as Bavdhan and Kothrud and benefits from proximity to the Mumbai–Pune Expressway as well as Shivaji Nagar railway station. The location also offers access to key social infrastructure including schools, hospitals, shopping destinations and entertainment hubs, making it attractive for homebuyers.

Commenting on the development, Mr Rajesh Patil, Managing Director, Kolte-Patil Developers Limited, said the transaction aligns with the company’s strategy to strengthen its footprint in high-potential residential micro-markets. He added that the Bhugaon project represents a step forward in expanding the firm’s capital-efficient partnership model while delivering well-designed homes tailored to evolving customer aspirations in Pune.

Infrastructure Transport

18 Mar 2026

India’s Aviation Expansion Takes Centre Stage at Infrastructure Today Conclave

Mumbai, March 12, 2026: The Infrastructure Today Conclave – Airports 2026, held at Courtyard by Marriott, brought together policymakers, infrastructure developers, financiers, engineers and technology providers to discuss the next phase of India’s aviation infrastructure growth.The conclave focused on how India must move beyond building airports to creating integrated aviation ecosystems that combine connectivity, technology, sustainability and passenger experience.Welcoming the delegates, Pratap Padode, Editor-in-Chief, Infrastructure Today, highlighted the rapid transformation underway i..

Coal Minister Inaugurates Projects and Reviews WCL in Nagpur

G. Kishan Reddy, Coal Minister, inaugurated several key infrastructure projects and reviewed operations of Western Coalfields Limited (WCL) at a programme in Nagpur. The minister opened new facilities aimed at strengthening production capacity and logistics and undertook a comprehensive review of mining, transportation and safety arrangements. He assessed project readiness and operational planning with senior WCL officials and emphasised the need for timely completion and strict adherence to statutory norms. During the visit the minister inspected mining works, mechanisation initiatives, pithe..

Modi To Inaugurate Redeveloped Kakinada Railway Station

Prime Minister Narendra Modi is scheduled to inaugurate the redeveloped Kakinada railway station in Andhra Pradesh on March 31. The ceremony will mark the completion of a redevelopment initiative intended to upgrade the station's infrastructure and services. The event will be presented as a milestone in efforts to modernise regional rail facilities. The redevelopment focuses on improved passenger amenities, enhanced accessibility and better circulation within the station complex. Upgrades are reported to encompass modernised waiting areas, upgraded sanitation facilities and signage, and measur..