Kolte-Patil has a good quarter on strong real estate market

Kolte-Patil Developers reported a strong second quarter for the financial year, as the real estate recovery seen in earlier quarters continued apace. The company’s collections — a measure of the cash it managed to collect from buyers — zoomed 86% compared to the COVID-ravaged second quarter of last year, and was up 34% compared to […]

Kolte Patil earns 36% return on Pune real estate project with Portman Holdings

Builder Kolte-Patil Developers Ltd said it had generated an internal return rate of 36% on its Margosa Heights project in Pune, which it co-developed with US-based Portman Holdings. “This project sets a unique example of an Indian & an International developer/Investor working in partnership on various aspects of the project to deliver a good product […]

Kolte Patil targets 20% pre sale growth, 2,500 deliveries this year

Kolte Patil, a real estate builder based in Pune, expects to increase the pre-sales for the current financial year by approximately 20% and is targeting deliveries of around 2,500 units. “Uptick in pre-sales is expected to sustain for the rest of the year,” company said. Company is also targeting launch of two projects at prime […]