Kolte-Patil Acquires Two Re-Development Projects in Western Suburbs Of MMR

Bengaluru, January 23, 2024: Kolte-Patil Developers Limited, has announced signing of  two new society re-development projects in the western suburbs of Mumbai with total saleable area of ~3.06 lakh square feet translating into top-line potential of Rs 545 crore. The two acquired projects are in residential areas, Dahisar and Versova.

Rahul Talele, Group CEO, Kolte-Patil Developers Ltd. said, “I am happy to announce the addition of two new society redevelopment projects in the western suburbs of Mumbai. This marks another significant milestone in our journey to strengthen our presence in the Mumbai that represents the largest real estate market in the country. These projects align with our strategic goals and we are confident that our active initiatives and growing presence in society re-development space will continue to enhance our standing in the MMR market in a significant manner.