Joint Venture14 Jan 2026, 01:29 pm
Kolte-Patil Signs ~5 Acre Joint Development Project in Bhugaon, Pune with Estimated GDV of ~Rs. 850 Crore
AI Summary
Kolte-Patil Developers Limited has signed a joint development deal for a ~1.1 million sq. ft. residential project in Bhugaon, Pune. The project has an expected Gross Developable Value (GDV) of ~Rs. 850 crore. Bhugaon is an emerging residential destination in Pune, known for its natural flora and fauna and excellent urban connectivity. The project is adjacent to the Mumbai-Pune Expressway and Shivaji Nagar railway station, and is close to large employment hubs and advanced social infrastructure. The company aims to develop a thoughtfully designed offering that supports Pune’s urban growth and meets the aspirations of today’s homebuyers.
Key Highlights
- Kolte-Patil Developers Limited has signed a joint development deal for a ~1.1 million sq. ft. residential project in Bhugaon, Pune.
- The project has an expected Gross Developable Value (GDV) of ~Rs. 850 crore.
- Bhugaon is an emerging residential destination in Pune, known for its natural flora and fauna and excellent urban connectivity.
- The project is adjacent to the Mumbai-Pune Expressway and Shivaji Nagar railway station, and is close to large employment hubs and advanced social infrastructure.
- The company aims to develop a thoughtfully designed offering that supports Pune’s urban growth and meets the aspirations of today’s homebuyers.