Kolte-Patil Developers Launches Oro Avenue at Its Life Republic Township Project in Pune

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Mumbai, Maharashtra, IndiaKolte Patil Developers Limited, a leading Pune based real estate developer, launches ‘ORO Avenue’, a sector at its flagship township project, Life Republic, in Pune.

Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL), a leading Pune based real estate developer, launches ‘ORO Avenue’, a sector at its flagship township project, Life Republic, in Pune.

‘ORO Avenue’, one of the finest and prominent sectors in the heart of Life Republic, provides an attractive value-for-money proposition to buyers wherein they can avail a 1 BHK at Rs. 30.20 lakhs and 2 BHK at Rs. 46.35 lakhs all inclusive. The sector comprises of 22 storey, high-rise towers with more than 70% area free of building footprint. Further, buyers will have access to more than 20 lifestyle amenities including aroma garden, party spaces, cricket practice net, mini soccer field, palm court, swimming pool, skating rink to name a few.

Adding to the attractiveness of the project, is its convenient location with multiple connectivities from Hinjewadi, Pune-Mumbai Expressway, PCMC, Rajiv Gandhi IT Park and in close proximity to key locations like Wakad, Aundh, Baner, Chandni Chowk and University Road.

Life Republic is western Pune’s most aspirational township spread across 373 acres (approx 151 hectares) of undulating greens, being developed near Pune’s IT hub, Hinjewadi. The first phase of the project has already been completed and delivered within the stipulated time frame. Life Republic is currently home to 3,000+ residents. The project is MahaRERA registered (P52100017116).

Commenting on the new launch, Mr. Gopal Sarda, Group CEO, Kolte-Patil Developers Limited said, “We are excited with the launch of Oro Avenue and delighted to welcome all our valued customers to experience the vibrant community being built around the core values of creativity and sustainability. Theproject offers a unique value proposition with attractive pricing, best-in-class physical as well as social infrastructure, special emphasis on open spaces and green networks, and in line with our objective of providing a wholesome and noteworthy lifestyle for our residents. Our teaser campaign has already received an overwhelming response and we are confident of the overall success and acceptance of the project. We will continue to set benchmarks in providing high quality and timely delivery.”

We welcome you all to visit the project to gain a better perspective of how the Life Republic community is being built. For further details we request you visit the site office or call 1800 266 6654.
About Kolte-Patil Developers Limited

Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL), incorporated in 1991, is a leading real estate company with dominant presence in the Pune residential market. Kolte-Patil is a trusted name with a reputation for high-quality standards, design uniqueness, transparency and the delivery of projects in a timely manner. The company has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of over 15 million square feet across Pune and Bengaluru.

Kolte-Patil markets its projects under two brands: ’Kolte-Patil’ (addressing the mid-income segment) and ‘24K’ (addressing the premium luxury segment). The Company has executed projects in multiple segments – standalone residential buildings and integrated townships. Several of the company’s projects have been certified by the Indian Green Building Council (IGBC).

Consolidating its leadership position in Pune, the company forayed into the Mumbai market in 2013 focusing on low capital intensive society re-development projects.

The Company’s long-term bank debt and non-convertible debentures have been rated ‘A+ / Stable’ by CRISIL, the highest rating accorded by CRISIL to any publicly listed residential real estate player in India.