Kolte-Patil acquires two society re-development projects in Mumbai, ET RealEstate
NEW DELHI: Kolte-Patil Developers has signed two new society re-development projects in the western suburbs of Mumbai with total saleable area of ~3.06 lakh sq ft translating into top-line potential of about Rs 545 crore.
The two acquired projects are located at Dahisar and Versova.
With these additions, the company now has of a total of fifteen projects in the Mumbai Metropolitan Region (MMR).
During the year FY24 till date, the company has acquired eight projects, comprising two in Pune and six in MMR, with a combined total development potential of 3.3 million sq ft and a topline potential of approximately Rs 4,000 crore.
