Shares of Kolte Patil Developers Ltd are trading flat after touching a day’s high of Rs 322 on 7th February, despite the firm announcing the signing of a joint development agreement for a residential and mixed-use project in Wadgaon Khurd, situated on Sinhagad Road in Pune.

Kolte-Patil Developers announced a new residential and mixed-use project in Wadgaon Khurd, Pune, with a saleable area of around 5 million square feet and a GDV of Rs 4,000 crore.

Spread across 22 acres within Pune Municipal Corporation limits; the project offers scenic views of the Mutha River and a serene garden to the south.

The location provides excellent connectivity to the Central Business District and West Pune zone, with a proposed 90-meter ring road set to improve accessibility.

Essential amenities such as schools, hospitals, malls, and entertainment hubs are within a two-kilometre radius of the project.

Kolte-Patil aims to strengthen its presence in key markets with thoughtfully designed developments, focusing on Pune’s growing real estate opportunities, according to Joint MD Yash Patil.

At 1:49 PM, the shares of Kolte Patil Developers were trading 0.57% lower at Rs 304.80 on NSE.

Navigate Kolte Patil Developers Like a Pro. Ask the Analyst.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!