Kolte Patil Elixir: New 3 and 4 BHK Homes on NIBM Road, Kondhwa
3 & 4 BHK · Starting ₹1.5 Cr onwards
Kolte Patil Elixir is a new residential address on NIBM Road in Kondhwa, brought to South Pune by Kolte Patil Developers. It is an upcoming residential development along the National Institute of Bank Management (NIBM) Road, offering a 4-tower-strong address with plush and spacious 3 BHK and 4 BHK apartments designed in a smart layout for maximum natural lighting and smooth ventilation. The project takes its place in a part of Pune long favoured for its balance of quiet residential streets and everyday convenience.
Set in the quiet yet peaceful setting of Kondhwa, Kolte Patil Elixir offers the rare balance of peaceful living and everyday accessibility. Mornings here can begin with a walk along the jogging track and evenings can unwind by the pool or in the amphitheatre, while daily errands remain a short drive away on NIBM Road. The address is built for a life that moves easily between calm and convenience.
Spread across a sprawling 5.7-acre land parcel, the development is planned as an integrated address with towers laid out to maximise open space and green cover. Interiors are planned for practical, well-lit living, with configurations designed to serve families across different life stages, from young professionals to multi-generational households.
The choice of Kondhwa reflects the direction Pune's southern belt has been taking, with better road links, established social infrastructure, and proposed metro connectivity gradually reshaping the corridor. Groundwork for a proposed 20km elevated Metro corridor from Shivajinagar to Yewalewadi, passing through Kondhwa and NIBM Road, is currently underway, with connectivity expected by 2030-31. Buyers entering at this stage are positioning themselves ahead of that shift.
Kolte Patil Elixir invites residents to a home on NIBM Road that combines the developer's three-decade construction record with an address that continues to mature around it.
Starting from Rs. 1.5 Cr onwards
| Configuration | Size | Starting Price |
|---|---|---|
| 3 BHK Spacious 3 BHK homes with efficient layouts and large sundecks | 1170–1450 sq.ft. | Rs. 1.5 Cr |
| 4 BHK Expansive 4 BHK residences designed for larger families | 1450–1800 sq.ft. | Price on request |




Detailed master plan and unit-wise floor plans available on request.
NIBM Road, Kondhwa, Pune 411048 · Kondhwa · Pune
Kondhwa, on Pune's NIBM Road corridor, sits among the city's older and more settled southeastern neighbourhoods, within easy reach of Swargate, Pune Railway Station, Market Yard, Hadapsar and Magarpatta. Kondhwa is one of the oldest regions located in the southeast of Pune, with close proximity to Swargate bus stand, Pune railway station, Market yard, MG road, Airport, Hadapsar, Magarpatta, Hinjawadi, Kalyani Nagar, and Deccan Gymkhana. Kondhwa is strategically connected to the Mumbai-Highway through the Katraj-Kondhwa Road.
NIBM Road itself has grown into a self-contained residential and social address, ringed by schools, hospitals, and neighbourhood malls. The area is developed around reputed schools, colleges, hospitals, IT Parks, and daily conveniences including ORCHIDS - The International School, Delhi Public School, Vishwakarma College, Poona College, Lifestyle Hospital, Satyanand Hospital, National Hospital, Cerebrum IT Park, Bizzbay Mall, Royale Heritage Mall, Dmart, IndusInd Bank, and HDFC Bank. Pune International Airport is roughly 45 minutes away.
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A proposed 20km elevated Metro corridor from Shivajinagar to Yewalewadi, with a branch line planned from Jyoti Square to NIBM Junction, is expected to bring Metro connectivity to the NIBM-Kondhwa belt by 2030-31.
A dedicated spur connecting NIBM to Undri near Bishop's School is part of the proposed alignment, aimed at easing daily commutes for residents along the NIBM Road corridor.
PMRDA's Internal Ring Road project, an 83-km access-controlled corridor with tunnels and flyovers, is designed to link Hinjawadi IT Park, Chakan MIDC and Lohegaon Airport, improving regional connectivity across Pune.
A planned circular corridor connecting 29 villages and major highways around the city is expected to boost real estate value and infrastructure across Pune's peripheral growth belts.
Continued widening and upkeep along Katraj-Kondhwa Road and the Solapur-Pune Highway is improving daily connectivity between Kondhwa, Camp, Hadapsar and the wider southern corridor.
The project sits on NIBM Road in Kondhwa, a long-settled South Pune micro-market surrounded by schools, hospitals, malls and daily-use retail, giving residents an address that already functions as a complete neighbourhood.
Kolte Patil Developers was incorporated in 1991 and is listed on the NSE and BSE, bringing over three decades of residential and commercial project delivery across Pune, Mumbai and Bengaluru to this Kondhwa address.
The 4-tower layout is planned for spacious 3 and 4 BHK homes designed for maximum natural lighting during the day and smooth cross-ventilation throughout the year.
The project is spread across a 5.7-acre parcel, allowing towers, gardens and amenity zones to be planned together rather than as isolated add-ons within a tight plot.
Residents get access to a gymnasium, swimming pool, jogging track, landscaped garden, kids' play area, indoor games area, multipurpose court, banquet hall, senior citizen area and an amphitheatre within the same address.
Katraj-Kondhwa Road, the Solapur-Pune Highway and NIBM Road connect residents to Camp, Hadapsar and Magarpatta, with Pune International Airport around 45 minutes away and a proposed Metro spur planned for the corridor.
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