Kolte-Patil Developers Ltd, a leading residential real estate developer from Pune, Maharashtra, has strengthened its Mumbai portfolio by adding three society redevelopment projects in the western suburbs of the city. These projects, located in Khar West, Malad West and Goregaon West, take the company’s project tally in Mumbai to six with a saleable area (KPDL share) of approximately 0.6 million sq. ft.
Commenting on this key development, Sujay Kalele, CEO, Kolte-Patil Developers Ltd, said, “We are delighted to announce these three additions to our Mumbai portfolio taking our total tally to six projects. Within a short span of time we have established ourselves as one of the largest listed real estate developers in the society redevelopment space. We will continue to expand in Mumbai through suitable redevelopment projects.”
The company has developed and constructed 48 projects including 35 residential complexes, nine commercial complexes, and four information technology parks covering a saleable area (KPDL share) of over 10 million sq. ft across Pune and Bengaluru.