Kolte Patil signs two new projects in Pune
Real Estate

Kolte Patil signs two new projects in Pune

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

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

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code