Kolte - Patil Developers complete's the acquisition of 34 acre land in Wakad.

Kolte-Patil Developers Limited a leading Pune based real estate developer,has announced the closure of the acquisition of a 34 acres land parcel at Wakad, Pune for approximately Rs. 350crore.
This land parcel is the largest contiguous land parcel within the city municipal limits and has a prime location on the Mumbai-Punehighway. The Wakad land parcel lies in close proximity to the Rajiv Gandhi Hinjewadi IT Park tha thouses global IT companies like Infosys, Wipro, TCS, IBM, TechMahindra etc. making Wakad a preferred residential choice in Pune.
Further adding to the attractiveness of the location is its vicinity to the renowned areas ofAundhand Baner, Pimpri-Chinchwad Industrial area,Mumbai-
Bangalore Bypass and Balewadi National Sports complex.The project is 100% owned by Kolte-Patilwitha total saleable area of 2.3 msf.The Company will develop
a mixed-use residential housing project with some commercial aspect.The project is expected to be launched shortly after all the requisite approvals are in place.

http://www.koltepatil.com