KOLTE PATIL 24K NIBM — New Project Coming Up in NIBM, Pune

New Kolte Patil Project Announced in South Pune's NIBM

Kolte-Patil Developers Ltd, founded in 1991 and guided by the philosophy of 'Creation, not construction', is a leading real estate company with dominant presence in the Pune residential market. The developer has now announced a new launch: 24K NIBM, a residential project in the NIBM locality of south Pune.

Project Specifications

24K NIBM spans 4 acres in Pune's NIBM neighbourhood. The project is being developed with 3 and 4 BHK apartments, with pricing starting from Rs. 2.8 crore onwards.

Location and Connectivity

NIBM is strategically positioned near Kondhwa, Undri, and Mohammadwadi, offering excellent connectivity to central Pune and key suburban areas. Major thoroughfares that connect NIBM to other areas of the city are Kondhwa Road and Mumbai-Hyderabad Road.

NIBM's central-southern location gives reasonably convenient access to Magarpatta, Hadapsar's business parks, and even Kharadi and Kalyani Nagar with a 20-30 minute commute. Pune Airport is approximately 14 km away, and the Railway Station is approximately 11 km away.

Neighbourhood Profile

NIBM offers a natural and peaceful surrounding for wholesome living, and since it lies close to the city, residents will find necessary life-related amenities such as high-end shopping centres, retail establishments, schools, and bank branches within easy driving distance. The area has well-developed roads and good frequency of public transport.

NIBM Road does not yet have direct metro connectivity—the nearest station is Mandai, about 7.8 km away. A metro spur to NIBM Road is proposed as part of the Shivajinagar-Kondhwa line.

About the Developer

Kolte-Patil Developers Ltd is listed on NSE and BSE (BSE: 532924, NSE: KOLTEPATIL). The company has been creating landmarks for 30+ years and has developed and constructed over 68 projects including residential complexes, IT parks, integrated townships, and commercial complexes, covering a saleable area of approximately 36 million square feet. These projects are spread across Pune, Mumbai and Bengaluru.

KPDL markets its projects under two brands: 'Kolte-Patil' addressing the mid-premium/premium segment and '24K' addressing the premium luxury segment.