Kolte-Patil Developers, Pune’s largest residential real estate developer, has raised Rs 30 crore through private placement. The company has allotted 300 ‘12.25% Secured Redeemable Taxable Non-Convertible Debentures Series II’ having face value of Rs 10 lakh each aggregating to Rs 30 crore.
Kolte Patil Developers is a leading Pune-based real estate company incorporated in 1991. The company has developed and constructed 48 projects including 35 residential complexes, 9 commercial complexes, and 4 information technology parks covering a saleable area (KPDL share) of over 10 million square feet across Pune and Bengaluru.
