Kolte-Patil Developers joins hands with global proptech player Planet Smart City to build 15,000 homes
New Delhi: Pune-based realty player Kolte-Patil Developers has set up a residential development platform with a global leader in affordable housing Planet Smart City for the development of 15,000 homes.
These 15,000 houses will be developed in the coming three years in Mumbai, Pune and Bengaluru.
“We are excited to progress on our partnership with a global smart affordable housing leader like Planet Smart City. Building on the success of Universe at Life Republic we look forward to a long and mutually beneficial association,” said Yashvardhan Patil, Group CEO, Kolte-Patil Developers.
“India, like many countries across Southeast Asia, has huge opportunity across several states and the industry has tremendous potential especially, for viable operators, to offer long-term, future-proof solutions. By extending our partnership with Kolte-Patil, we are in a strong position to work for a pipeline of 15,000 housing units that help to provide an answer to the housing challenge in a fully-fledged ESG framework where technology and social innovation will be the main drivers to implement a new concept of urban living. We look forward to expanding our presence in India”, said Giovanni Savio, Global CEO of Planet Smart City.