2 BHK Flats in NIBM Pune – Florence by Kolte-Patil | Price, Plans & Amenities
By Kolte-Patil Team | Last Updated: April 20, 2026
Key Takeaway
Looking for a 2 BHK flats in NIBM, Pune? Florence by Kolte-Patil Developers is a premium residential project on NIBM Road that offers thoughtfully designed 2 BHK and 3 BHK apartments along with pen…
Looking for a 2 BHK flats in NIBM, Pune? Florence by Kolte-Patil Developers is a premium residential project on NIBM Road that offers thoughtfully designed 2 BHK and 3 BHK apartments along with penthouses. Situated in one of South Pune’s most sought-after corridors, Florence combines modern architecture, lifestyle amenities, and strategic connectivity — making it one of the strongest options for homebuyers and investors exploring NIBM Road.
The southern corridor of Pune, especially areas like Kondhwa, Undri, and NIBM, has seen tremendous growth in residential real estate over the past decade. With IT hubs, social infrastructure, and excellent road connectivity driving demand, NIBM Road has emerged as a preferred residential destination for young professionals, growing families, and NRI investors alike.
Florence NIBM — Project Overview
Florence is developed by Kolte-Patil Developers, one of Pune’s most trusted real estate brands. If you are searching for 2 BHK flats in NIBM, this project offers over 30 years of developer experience and 75+ completed projects across Maharashtra and Karnataka. Here is a quick overview:
| Parameter | Details |
|---|---|
| Developer | Kolte-Patil Developers Ltd. |
| Project Name | Florence |
| Location | NIBM Road, South Pune |
| Configurations | 2 BHK, 3 BHK Apartments & Penthouses |
| Project Type | Residential |
| Status | Contact developer for latest availability |
| RERA Compliance | Verify on MahaRERA website |
For the latest pricing, floor plans, and unit availability at Florence, prospective buyers can contact Kolte-Patil directly or schedule a site visit to explore the property in person.
Why NIBM Road Is Pune’s Fastest-Growing Residential Corridor
NIBM (National Institute of Bank Management) Road has transformed from a quiet institutional area into one of Pune’s most dynamic residential corridors. The locality’s appeal is driven by several factors that matter to today’s homebuyers.
First, NIBM Road enjoys excellent connectivity to Pune’s key employment hubs. Magarpatta IT City and SP Infocity in Fursungi are within a 10–15 minute drive, while the Pune–Solapur Highway provides direct access to Hadapsar’s commercial belt. The upcoming Pune Metro expansion and the recently improved road network via Kondhwa and Undri have further boosted the area’s accessibility.
Second, social infrastructure in the NIBM area has matured significantly. The locality is home to reputed schools such as The Orchid School and Vibgyor High, healthcare facilities including Columbia Asia Hospital and Sahyadri Hospital, and popular retail destinations like Dorabjee’s and Seasons Mall in nearby Magarpatta. This makes NIBM especially suitable for families looking for a well-rounded living experience.
Third, property values on NIBM Road have shown consistent appreciation over the past several years, making it an attractive corridor not just for end-users but also for investors seeking long-term value growth in South Pune’s real estate market.
Why Choose Florence for 2 BHK Flats in NIBM
Florence stands out among 2 BHK projects in Pune for several reasons. The project is designed to deliver a premium living experience — from its architectural style to its interior specifications. Here is what sets it apart:
Thoughtful space planning: The 2 BHK units at Florence are designed to maximize usable space with efficient layouts. Living rooms are generously proportioned, bedrooms offer comfortable dimensions, and balconies extend the living area with views of the surrounding greenery.
Quality specifications: Florence apartments come with rich wooden flooring, premium bathroom fittings, modular kitchen provisions, and high-quality vitrified tiles in common areas. The attention to finish quality reflects the Kolte-Patil standard of development.
Trusted developer legacy: Kolte-Patil Developers has delivered over 25 million sq. ft. of real estate. Florence carries that legacy of timely delivery, transparent dealings, and post-handover support — factors that matter significantly when making a high-value purchase like a home.
Amenities at Florence — Your 2 BHK Flats in NIBM
Florence is designed to offer a complete lifestyle experience for residents of 2 BHK flats in NIBM beyond the four walls of your apartment. The project includes a range of amenities that cater to fitness, recreation, and community living. Residents can enjoy facilities such as a well-equipped gymnasium, a swimming pool, a children’s play area, landscaped gardens, a clubhouse, indoor games, and dedicated jogging and cycling tracks.
Security at Florence is handled through 24/7 surveillance with CCTV monitoring, trained security personnel, and access-controlled entry points. Additional features like covered car parking, power backup for common areas, and rainwater harvesting systems ensure day-to-day convenience and sustainable living.
The community spaces within Florence are designed to foster interaction among residents — whether it is a weekend gathering at the clubhouse, morning walks through landscaped pathways, or children playing in designated safe zones.
Location Advantages for 2 BHK Flats in NIBM at Florence
One of the strongest selling points of Florence is its location on NIBM Road, which offers convenient access to Pune’s key destinations. Here is a quick reference for distances from the project:
| Destination | Approximate Distance |
|---|---|
| Magarpatta IT City | 5–7 km |
| SP Infocity, Fursungi | 6–8 km |
| Pune Railway Station | 10–12 km |
| Pune International Airport | 14–16 km |
| Swargate Bus Stand | 7–9 km |
| Seasons Mall, Magarpatta | 5–6 km |
| Columbia Asia Hospital | 3–5 km |
| The Orchid School | 2–4 km |
NIBM Road’s connectivity extends to the Pune–Bangalore Highway via Kondhwa, making weekend getaways convenient. The Pune Metro’s planned southern extension is expected to further enhance public transit access for residents in this corridor.
Who Should Buy 2 BHK Flats in NIBM at Florence?
Florence appeals to a wide spectrum of buyers seeking 2 BHK flats in NIBM, each with distinct needs and priorities.
Young IT professionals: With Magarpatta and SP Infocity nearby, Florence offers short commute times. A 2 BHK is the ideal starter home for professionals looking to transition from renting to owning.
Growing families: The proximity to quality schools, hospitals, and parks makes Florence a practical choice for families. The 2 BHK layouts accommodate comfortable family living while keeping the budget manageable compared to 3 BHK options.
NRI investors: Kolte-Patil’s brand credibility, RERA compliance, and strong track record make Florence a dependable investment option. The Kolte-Patil NRI Lounge offers dedicated support for overseas buyers.
First-time homebuyers: A 2 BHK at Florence represents a balanced entry point — premium enough to feel like a long-term home, yet accessible enough for buyers taking their first step into property ownership.
RERA Registration and Legal Compliance
All Kolte-Patil projects comply with the Real Estate (Regulation and Development) Act, 2016. Buyers can verify the RERA registration details of Florence on the official MahaRERA website. RERA registration ensures transparency regarding project timelines, carpet area declarations, and financial accountability — protecting the interests of homebuyers.
Kolte-Patil’s commitment to legal compliance and ethical business practices is backed by their publicly listed status on the BSE and NSE (CIN: L45200PN1991PLC129428), giving buyers an additional layer of trust and accountability.
Explore More Kolte-Patil Projects in Pune
If you are exploring options beyond NIBM, Kolte-Patil has a strong portfolio of residential projects across Pune. Some noteworthy developments include Life Republic in Hinjewadi for those working in the western IT corridor, Three Jewels in Katraj for buyers looking in the southern belt, and Springshire in Wagholi for budget-friendly options.
Frequently Asked Questions
What configurations are available at Florence NIBM by Kolte-Patil?
Florence offers 2 BHK apartments, 3 BHK apartments, and penthouses. The project is designed for premium living with high-quality specifications, modern amenities, and thoughtful space planning on NIBM Road, South Pune.
What is the price range for 2 BHK flats at Florence NIBM?
Pricing for 2 BHK units at Florence depends on the specific configuration, floor level, and current availability. For the latest pricing and any ongoing offers, it is best to contact Kolte-Patil Developers directly or visit the project site.
Is Florence NIBM a RERA-registered project?
Yes, all Kolte-Patil projects comply with RERA (Real Estate Regulation and Development Act). Buyers can verify the registration details of Florence on the official MahaRERA website.
What are the nearest schools and hospitals to Florence NIBM?
Florence is located in a well-developed locality on NIBM Road. Nearby schools include The Orchid School, Vibgyor High, and NIBM International School. Healthcare facilities such as Columbia Asia Hospital and Sahyadri Hospital are also within a short driving distance.
How far is Florence NIBM from major IT parks in Pune?
Florence enjoys convenient access to Pune key IT employment hubs. Magarpatta IT City is approximately 5 to 7 km away, and SP Infocity in Fursungi is about 6 to 8 km. This makes it an ideal residential option for IT professionals working in the eastern and southern corridors of Pune.
Who is the developer of Florence NIBM?
Florence is developed by Kolte-Patil Developers Ltd., a publicly listed real estate company with over 30 years of experience and more than 75 completed projects. The company is known for quality construction, timely delivery, and transparent dealings across Pune, Mumbai, and Bengaluru.


