KOLTE PATIL BOND — New Project Coming Up in Punawale, Pune

Project Overview

Kolte Patil Bond will be constructed on 5.6 acres with 5 towers, G+4P+23 floors, offering 2BHK premium residences. Carpet area ranges from 736 to 763 sq.ft. RERA registration number is P52100079424.

Location and Connectivity

The project is located near Marunji Road in the Life Republic Township, Punawale. Punawale's strategic location between Pimpri-Chinchwad and the Hinjewadi IT hub makes it attractive to professionals and families, with good connectivity to the Pune-Mumbai Expressway, Hinjewadi IT Park, and Chinchwad Railway Station.

The area attracts IT professionals and growing families looking for modern living spaces close to employment centers. The area is well connected to major landmarks in Pune, such as the Pune-Mumbai Expressway, Hinjewadi IT Park, and Chinchwad Railway Station.

Punawale as a Residential Destination

Development in Punawale remains well planned with adequate infrastructure to support residential areas, thanks to oversight by PCMC and the Pimpri-Chinchwad New Town Development Authority (PCNTDA). Punawale is forecasted to show 12–15% annual appreciation, reflecting growing investor interest in the area.

Infrastructure projects such as the ongoing Shivajinagar-Maan metro project from Hinjewadi to Shivajinagar will give a new boost to the area's connectivity by providing easy access to localities like Balewadi Phata and Baner. The ongoing development of the Pune Ring Road will encompass Ravet, Hinjewadi, Punawale and Wakad in the Pimpri-Chinchwad belt.

About Kolte-Patil Developers

Kolte-Patil Developers Ltd is a leading real estate company founded nearly 3 decades ago, incorporated in 1991, and is headquartered in Pune. It is listed on NSE and BSE. The company 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 sq. ft.

Its portfolio spans Pune, Mumbai and Bengaluru. In Pune, Kolte Patil developments are curated for specific buyer segments across Hinjewadi, Wakad, Baner, Kothrud, Pimple Saudagar, Undri and NIBM with thoughtfully planned amenities and architecture.

Possession Timeline

The target possession is December 2028.