Kolte-Patil Developers has acquired 7.5-acre land parcel in Bhugaon, Pune, with an estimated saleable area of around 1.9 million sq. ft. and a gross development value (GDV) of around Rs 1,400 crore.
Bhugaon is rapidly emerging as a preferred residential location, benefiting from its natural landscape, proximity to premium areas like Bavdhan and Kothrud, and excellent connectivity via the Mumbai-Pune Expressway. Its closeness to Shivaji Nagar Railway Station and nearby employment hubs enhances its appeal to homebuyers. The area also offers well-developed social infrastructure, including reputed schools, hospitals, shopping malls, and entertainment options.
The project aligns with Kolte-Patil’s strategy to strengthen its presence in high-potential micro-markets. With a dominant presence in Pune, along with a diversified footprint in Mumbai and Bengaluru, Kolte-Patil continues to expand its development portfolio in India’s growing urban hubs.