If sales figures are any indication then Kolte-Patil’s “ZABARDUS” campaign is a hit among the home buyers. The leading Pune based real estate developer has reportedly sold 500 units with booking value of Rs. 205 crore during the promotional campaign. The ‘ZABARDUS’ campaign was launched on 7th of November and ran till the 15th of December. Units were sold at Life Republic, an ambitious township project of the developer.
Commenting on the response, Mr. Gopal Sarda, Group CEO, Kolte-Patil Developers said, “We are very pleased with the response of home buyers to the ‘ZABARDUS’ campaign, having sold 500 units with a booking value of Rs. 205 crore at Life Republic in just 38 days.”
Life Republic, spread across 390 acres, is located in the vicinity of Hinjawadi, Pune’s prime IT hub and one of the fastest growing areas in the city. Till now, 4.2 million square feet has been delivered in the project and currently, Life Republic is home to 10,000 residents. The project has 4 million square feet of pre-approved development space by MAHARERA, and is expected to add another 10,000 residents within three years. The total saleable area at Life republic is 20 million square feet, based on FSI of 1.0, which is currently incorporated in the project design plans. However, the total FSI potential of the project is 1.7 based on the integrated township norms.
Kolte-Patil Developers Ltd, incorporated in 1991, is a leading real estate company with dominant presence in the Pune residential market. The company has constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of 20 million square feet across Pune, Mumbai and Bengaluru.