Kolte Patil signs two new projects in Pune

18 May 2021 CW Team

Real estate firm Kolte Patil Developers has signed two new projects in Pune with a combined saleable area of 13 lakh sq ft under the development management model.

Kolte Patil will lend its brand and jointly collaborate with landowners to oversee product design, sales and marketing, project quality and cash flow management, leading to time-bound handover to buyers.

The project costs will continue to be borne by respective projects. Both locations of new projects are established micro-markets within Pune and strategically located with multiple schools, hospitals, retail and residential spaces in close proximity.

In February, Kolte Patil had signed three new projects with a combined saleable area of 22 lakh sq ft under capital-light models.

Group CEO Gopal Sarda told the media the two new projects align with the company's business development strategy of expanding market share in core markets of Pune, Mumbai and Bengaluru.

Kolte-Patil has developed and constructed over 50 projects in the past three decades, including residential complexes, integrated townships, commercial complexes, and IT parks covering a saleable area of two crore sq ft.

Image Source

Also read: ASK invests Rs 200 cr in budget housing projects in Pune

Also read: Macrotech Developers plan to invest Rs 2,800 cr on realty in FY22

Infrastructure Urban

11 May 2026

Waterproofing Blueprint

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

Danube Launches Greenz Villa Community in Dubai

Danube Properties has launched Greenz by Danube, a fully furnished master villa community in Dubai, unveiled by H.E. Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance and Coexistence, at an event attended by over 7,000 investors and business leaders.Located near Dubai International Academic City and Dubai Silicon Oasis, the development marks Danube’s first large-scale integrated villa community and is positioned within one of Dubai’s emerging residential corridors.The project will comprise three and four-bedroom townhouses along with five-bedroom semi-detached and twin villas...

ABB Launches IE6 Motor for Hazardous Industrial Areas

ABB has introduced what it claims is the world’s first IE6 Hyper-Efficiency motor certified for hazardous industrial environments under ATEX and IECEx standards.The new Increased Safety motor is based on ABB’s synchronous reluctance (SynRM) technology and is designed without magnets or rare earth materials. According to the company, the motor reduces energy losses by up to 60 per cent compared to standard IE3 induction motors commonly used in hazardous areas.The motor is intended for use in industries such as chemicals, marine, oil and gas, pharmaceuticals and food and beverage, where expl..