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Kolte-Patil acquires two society redevelopment projects in Mumbai Metropolitan Region

Kolte-Patil acquires two society redevelopment projects in Mumbai Metropolitan Region
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Kolte-Patil acquires 2 society redevelopment projects in Mumbai s Goregaon suburb

Kolte-Patil Developers has signed agreements to redevelop two housing societies in the Bangur Nagar region of Mumbai. The projects add to the company s growth and diversification strategies, with recent acquisitions extending its presence in Mumbai. New developments comprise a total of 4.8 lakh sq ft, with a revenue potential of up to Rs 950 crore ($129m). Kolte-Patil previously executed a 2.77-lakh sq ft redevelopment project in Goregaon and has 14 projects in progress in Mumbai, including five ongoing developments and another seven in the pipeline.

Kolte-Patil Developers acquires two society redevelopment projects in Mumbai, ET RealEstate

In April-May 2023, Kolte-Patil Developers had announced acquisition of four projects, two in Pune and two in Mumbai, with the total development potential of ~2.6 million sq. ft. and topline potential of Rs. 2,500 crore.

Kolte Patil Developers surges 4% on robust growth in Q1 sales value

Kolte Patil Developers surges 4% on robust growth in Q1 sales value
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Kolte-Patil Developers Limited - Operational Update for Q1 FY24

Kolte-Patil Developers Limited - Operational Update for Q1 FY24
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