Kolte-Patil unveils Rs 90 billion projects by FY25
Real Estate

Kolte-Patil unveils Rs 90 billion projects by FY25

Kolte-Patil Developers has revealed their intention to introduce projects amounting to approximately Rs 90 billion over the next 14 months in Pune, Mumbai, and Bengaluru. The company has notably expanded its presence in key operational areas, with a significant emphasis on Pune. The projected value of upcoming project launches in Pune alone is estimated to be around Rs 64 billion. KPDL's upcoming projects are strategically located in micro-markets such as Kiwale, Pimple Nilakh, Baner, Kharadi, Hinjewadi, and NIBM Road in Pune. These micro-markets have gained popularity as favored residential destinations due to their proximity to industrial zones, excellent connectivity, and well-established social infrastructure.

The potential launch value in Mumbai is expected to be approximately Rs 25 billion by FY25. The company envisions a sales distribution of 70% from the Pune market, with Mumbai and Bengaluru collectively contributing around 30% by FY25, aligning with Kolte-Patil?s diversification goal. The sales guidance sets targets at over Rs 35 billion in FY25 and approximately Rs 45 billion in FY26.

In November 2022, Kolte-Patil Developers announced a partnership with Marubeni Corporation, Japan, securing an investment of Rs 2.06 billion for KPDL?s residential project in the Pimple Nilakh micro-market, Pune. Subsequently, in November 2023, Kolte-Patil entered into a second agreement with Marubeni Corporation for a project worth Rs 1.10 billion in the Kalina micro-market, Mumbai.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Kolte-Patil Developers has revealed their intention to introduce projects amounting to approximately Rs 90 billion over the next 14 months in Pune, Mumbai, and Bengaluru. The company has notably expanded its presence in key operational areas, with a significant emphasis on Pune. The projected value of upcoming project launches in Pune alone is estimated to be around Rs 64 billion. KPDL's upcoming projects are strategically located in micro-markets such as Kiwale, Pimple Nilakh, Baner, Kharadi, Hinjewadi, and NIBM Road in Pune. These micro-markets have gained popularity as favored residential destinations due to their proximity to industrial zones, excellent connectivity, and well-established social infrastructure. The potential launch value in Mumbai is expected to be approximately Rs 25 billion by FY25. The company envisions a sales distribution of 70% from the Pune market, with Mumbai and Bengaluru collectively contributing around 30% by FY25, aligning with Kolte-Patil?s diversification goal. The sales guidance sets targets at over Rs 35 billion in FY25 and approximately Rs 45 billion in FY26. In November 2022, Kolte-Patil Developers announced a partnership with Marubeni Corporation, Japan, securing an investment of Rs 2.06 billion for KPDL?s residential project in the Pimple Nilakh micro-market, Pune. Subsequently, in November 2023, Kolte-Patil entered into a second agreement with Marubeni Corporation for a project worth Rs 1.10 billion in the Kalina micro-market, Mumbai.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000