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	<title>Wadgaon Khurd &#8211; newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>Kolte-Patil signs ~22 acres joint development project in Pune with the expected GDV of ~Rs. 4,000 crore</title>
		<link>https://newsmantra.in/kolte-patil-signs-22-acres-joint-development-project-in-pune-with-the-expected-gdv-of-rs-4000-crore/</link>
		
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		<pubDate>Fri, 07 Feb 2025 10:33:34 +0000</pubDate>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Kolte-Patil]]></category>
		<category><![CDATA[Wadgaon Khurd]]></category>
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					<description><![CDATA[Bengaluru, 7 February 2025: 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...]]></description>
										<content:encoded><![CDATA[<p><strong><u>Bengaluru, 7 February 2025:</u> </strong>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>
<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. 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>
<p><strong>Commenting on the development, Mr. Yash Patil, Joint Managing Director, Kolte-Patil Developers Limited said</strong><em>, “Pune’s 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. By leveraging our deep local expertise and strong brand equity, we are strengthening our presence in high-potential areas while shaping Pune’s urban future with thoughtfully designed, community-centric developments that cater to the city’s 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.”</em></p>
<p><strong>Commenting on the development, Mr. Atul Bohra, Group CEO, Kolte-Patil Developers Limited said, </strong><em>“We 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’s dynamic real estate market. This project is a significant milestone for Kolte- Patil, further strengthening our presence in a high-potential micro-market. 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.</em></p>
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