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One of the leading players in the real estate market of Pune, Kotle Patil Developers has signed a JDA (Joint Development Agreement) for the development of a residential and mixed-use project. The property will be developed in Wadgaon Khurd, Sinhagad Road, Pune. Spanning across approximately 22 acres, the property will have around 5 million sq.ft. of total saleable area with approx. Rs. 4,000 crores of estimated GDV (Gross Development Value).
Strategically located in the southwest region of Pune, the project will offer scenic views, easy access to key areas of the city, along with seamless connectivity to West Pune and Pune's Central Business District (CBD). With the proposed ring road stretching 90 meters, residents will have access to well-established social infrastructure with entertainment hubs, shopping malls, hospitals, and schools located within a 2 km radius of the property.
"We are thrilled to announce this expansive development of approximately 5 million square feet, strategically situated in South-West Pune, further solidifying our leadership in the city's dynamic real estate market. This project marks a key milestone for Kolte-Patil, enhancing our presence in a high-growth micro-market," Atul Bohra, Group CEO of Kolte-Patil Developers Limited, said.
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