1) 400-acre integrated township at Hinjewadi:Kolte-Patil Developers Limited (KPDL) has formed a Joint Venture with ICICI Venture Funds Management Co. Ltd. (ICICI Ventures), the largest venture capital fund, promoted by largest private sector bank of the country to develop a 400-acre integrated township project near Hinjewadi.
Phase I of 168 acres of this project has been approved by the Government of Maharashtra, and is designed by the renowned architect B V Doshi.
Residential and Commercial: The project will be a mix of residential and commercial spaces with a total investment of Rs 2000 crore.
Launch: The 1st phase of the project is expected to launch in the fourth quarter of FY '09.
2) 70 acre IT-SEZ Hinjewadi, Phase III:KPDL also plans to launch an IT-SEZ close to Phase III of Hinjewadi IT Park by the end of this calendar year. The SEZ will be spread over an area of 70 acres with a total investment of Rs. 1000 crore.
3) Coming Soon - Mini Township at Wagholi:KPDL is soon launching 1st Phase (53 acres) of total 80 acres Community Mini Township at Wagholi, Pune with an investment of Rs 400 crores.
4) Office park at Kharadi:KPDL has plans to launch an ultra modern office park complex at Kharadi, Pune. The project will have a total saleable area of 8.50 lakh sq. ft. with an investment of Rs 250 crores.
real estate Indian real estate Pune news Pune real estate Pune real estae news Pune real estate market Pune real estate market news Pune news Pune real estate market news blog upcoming integrated townships in Pune upcoming SEZ in Pune Hinjewadi Wagholi Kharadi Pune real estate developers ICICI Venture Funds Management Co. Ltd. (ICICI Ventures) Architect B V Doshi IT-SEZ Community Mini Township office park complex investment