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Kolte-Patil inks largest redevelopment project till date in Mumbai

26 Apr 2017 Evaluate

Kolte-Patil Developers has strengthened its Mumbai presence by signing its largest private society redevelopment project till date, Dahisar Shree Avadhoot Co-operative Housing Society, having a plot area of 15,035 square meters. The company’s economic interest in this project is 4 lakh square feet. Payments of the corpus fund, rental and other project expenses are linked to the approvals and project timelines.

The said project has a strategic location in Dahisar East being well-connected to the Western Express Highway. The attractiveness of the location is its close proximity to the under-construction Metro VII project from Andheri East to Dahisar East, which has been recently extended to the Mumbai airport in the south and Mira-Bhayander in the north.

Kolte-Patil Developers is a leading real estate company. The company has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of approximately 15 million square feet across Pune and Bengaluru.


Peers
Company Name CMP
Lodha Developers 1132.45
Prestige EstatesProj 1461.85
Dilip Buildcon 404.40
DLF 668.45
Oberoi Realty 1841.60
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