Home Brand News Kolte-Patil Developers newly launched project ‘ORO Avenue’ receives Massive Response with strong...

Kolte-Patil Developers newly launched project ‘ORO Avenue’ receives Massive Response with strong sales of 500 units since launch in August ‘18

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Kolte-Patil Developers Limited (BSE: 532924, NSE:
KOLTEPATIL), a leading Pune based real estate developer, has received massive response
from the home buyers for its newly launched ORO Avenue project at Life Republic. The project
witnessed sales of 500 units with booking value of ~Rs. 186 crore since its launch in August
2018.
‘ORO Avenue’, a project at Life Republic Township is located near Pune’s IT hub, Hinjawadi.
The project comprises of 22 storey high-rise towers with more than 70% area free of building
footprint, buyers 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,
etc. Last but not the least, the convenient location and multiple connectivity options makes it
the best buy for all home buyers.
Commenting on the response Gopal Sarda, Group CEO, Kolte-Patil Developers said,
“We are very pleased with this overwhelming response. This launch has emerged as a trend
setter in the real estate industry and the huge response mirrored the essential demand for
Kolte-Patil homes. It also re-ascertained that Pune is an attractive destination for investments
in real estate.”
“We received investments from customers not only from Pune but also from Mumbai, rest of
Maharashtra as well as NRIs for the project ORO Avenue. When compared to other projects
recently launched in Pune, ORO Avenue has sold maximum inventory in a span of just 40
days. The company will continue to set benchmarks in providing optimal quality product with
lifestyle amenities within guaranteed timelines. We look forward to building on this
momentum in the months ahead.”

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