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

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..