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Kolte-Patil gains on completing Link Palace project in Mumbai

Kolte-Patil Developers Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 532924 | NSE: KOLTEPATIL

08 Feb 2018 Evaluate

Kolte-Patil Developers is currently trading at Rs. 328.10, up by 5.30 points or 1.64% from its previous closing of Rs. 322.80 on the BSE.

The scrip opened at Rs. 327.35 and has touched a high and low of Rs. 333.35 and Rs. 323.65 respectively. So far 23,356 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 404.60 on 29-Nov-2017 and a 52 week low of Rs. 100.10 on 15-Feb-2017.

Last one week high and low of the scrip stood at Rs. 364.00 and Rs. 286.10 respectively. The current market cap of the company is Rs. 2,486.00 crore.

The promoters holding in the company stood at 74.54%, while Institutions and Non-Institutions held 10.98% and 14.49% respectively.

Kolte-Patil Developers has successfully completed its Link Palace project on Linking Road, Santacruz (West). Link Palace marked Kolte-Patil's entry into the potential Mumbai market where the company has focused on redevelopment projects. The project was completed within the stipulated timeline of two years from initiation of construction to the complete satisfaction and widespread appreciation from all stakeholders including society members, channel partners and business associates.

Redevelopment of Link Palace Premises CHSL comprised construction of Premium Residences of 3 & 4 BHK and High street Retail Shops in a 12-storey structure on Linking Road, one of the most sought after destinations in Mumbai.

Link Palace offered buyers a wide range of ultra-modern facilities in line with the project's luxury positioning in an upmarket location - including a decorative entrance lobby, fitness centre, abundant car parking, two high-speed lifts/two car lifts with power back up, security system/ CCTV, centralized DTH, wi-fi enabled flats, Italian marble flooring, UPVC sound proof windows, double level parking with LED lighting and earthquake-resistant RCC design. These facilities were delivered to buyers within the committed timeline and within the promised budget.

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.

Kolte-Patil Develop. Share Price

332.60 1.60 (0.48%)

13-Apr-2026 16:01 View Price Chart

Peers

Company Name	CMP
Lodha Developers	820.90
Dilip Buildcon	437.65
DLF	568.40
Oberoi Realty	1685.95
Ahluwalia Contract(I	779.40
View more..

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Kolte-Patil gains on completing Link Palace project in Mumbai

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