In partnership with leading Pune-based developer Kolte Patil Developers Private Limited, ICICI Venture acquired around 12 acres of land in Kharadi, Pune to develop a world class, 1.2 million square feet. IT park. Kharadi is the site for the second MIDC IT Park, and is expected to be the next engine of growth for Pune's IT boom. 

Kolte Patil Developers is one of the best-known developers in Pune, having developed 4.5 million square feet. since 1989. They are currently developing an additional 2 million square feet. and have large land banks as well.