Kolte-Patil Developers, a leading Pune based real estate developer, has received Location Clearance from the Urban Development Department (UDD) for the first phase of its Sanjivani Integrated Township project in Pune located at Urse, on the Mumbai-Pune Expressway.
Phase I of the project is spread across an area of 242 acres with a saleable area of approximately 6 million square feet. The first sub-phase launch is expected in H2FY15 and will involve the construction of villas and residential towers together with a golf course, commercial space, school and hospital. The company has 51% stake in the project.
Kolte-Patil Developers is a leading Pune-based real estate company incorporated in 1991. The company has developed and constructed 48 projects including 35 residential complexes, 9 commercial complexes, and 4 information technology parks covering a saleable area (KPDL share) of over 10 million square feet across Pune and Bengaluru.
