{"id":2356,"date":"2025-02-07T09:20:06","date_gmt":"2025-02-07T09:20:06","guid":{"rendered":"https:\/\/aadhikarwarta.com\/?p=2356"},"modified":"2025-02-07T09:20:07","modified_gmt":"2025-02-07T09:20:07","slug":"kolte-patil-signs-22-acres-joint-development-project-in-pune-with-the-expected-gdv-of-rs-4000-crore","status":"publish","type":"post","link":"https:\/\/aadhikarwarta.com\/?p=2356","title":{"rendered":"Kolte-Patil signs ~22 acres joint development project in Pune with the expected GDV of ~Rs. 4,000 crore"},"content":{"rendered":"\n<p>Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL), a leading Pune-based real estate player, with growing presence in Mumbai and Bengaluru, announced that the Company has signed a joint development deal for a residential \/mixed used project located at Wadgaon Khurd, on Sinhagad road, Pune. The project with the total potential saleable area of ~5 million square feet has an expected Gross Developable Value (GDV) of ~Rs. 4,000 crore.<\/p>\n\n\n\n<p>Spread over ~22 acres within Pune Municipal Corporation Limit, this land is strategically located in South-West part of Pune and boasts scenic surroundings and seamless connectivity to CBD Pune and West-Pune zone. <\/p>\n\n\n\n<p>It offers breathtaking views of the Mutha River to the north, a serene garden reservation to the south ensuring an unobstructed view, and a 90-meter proposed ring road alongside park reservations to the west. The project has well-established access to social infrastructure, with schools, hospitals, shopping malls and entertainment hubs conveniently located within a 2-kilometer radius.<\/p>\n\n\n\n<p><strong>Commenting on the development, Mr. Yash Patil, Joint Managing Director, Kolte-Patil Developers Limited said<\/strong><em>, \u201cPune\u2019s real estate landscape continues to evolve, presenting significant opportunities for well-planned, high-quality developments. As a market leader, Kolte-Patil remains committed to expanding its footprint across key micro- markets through a well-calibrated diversification strategy. <\/em><\/p>\n\n\n\n<p><em>By leveraging our deep local expertise and strong brand equity, we are strengthening our presence in high-potential areas while shaping Pune\u2019s urban future with thoughtfully designed, community-centric developments that cater to the city\u2019s growing aspirations. Moreover, this project reflects our continued focus on value creation through strategic partnerships and capital-efficient structures, ensuring sustainable growth for all stakeholders.\u201d<\/em><\/p>\n\n\n\n<p><strong>Commenting on the development, Mr. Atul Bohra, Group CEO, Kolte-Patil Developers Limited said, <\/strong><em>\u201cWe are excited to add this large-scale development of <\/em>~<em>5 million square feet, strategically located in South-West Pune, reinforcing our leadership in the city\u2019s dynamic real estate market. This project is a significant milestone for Kolte- Patil, further strengthening our presence in a high-potential micro-market. <\/em><\/p>\n\n\n\n<p><em>With strong connectivity and proximity to essential social infrastructure, this development exemplifies our vision of creating vibrant, community-centric neighborhoods while delivering high-quality living spaces. Our focus remains on delivering sustainable value to homebuyers and stakeholders.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL), a leading Pune-based real estate player, with growing presence in Mumbai and Bengaluru, announced that the Company has signed a joint development deal for a residential \/mixed used project located at Wadgaon Khurd, on Sinhagad road, Pune. The project with the total potential saleable area of ~5 million &#8230; <a title=\"Kolte-Patil signs ~22 acres joint development project in Pune with the expected GDV of ~Rs. 4,000 crore\" class=\"read-more\" href=\"https:\/\/aadhikarwarta.com\/?p=2356\" aria-label=\"Read more about Kolte-Patil signs ~22 acres joint development project in Pune with the expected GDV of ~Rs. 4,000 crore\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"jetpack_featured_media_url":"https:\/\/aadhikarwarta.com\/wp-content\/uploads\/2025\/02\/Untitled-design-39.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=\/wp\/v2\/posts\/2356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2356"}],"version-history":[{"count":1,"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=\/wp\/v2\/posts\/2356\/revisions"}],"predecessor-version":[{"id":2358,"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=\/wp\/v2\/posts\/2356\/revisions\/2358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=\/wp\/v2\/media\/2357"}],"wp:attachment":[{"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aadhikarwarta.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}