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Kolte Patil Developers sales bookings increased by 28% in FY23 to Rs 2,232 crore

#Builders & Projects#India
PNT Reporter | Last Updated : 21st Apr, 2023
Synopsis

Kolte-Patil Developers Ltd, has claimed that a higher demand led to a 28% increase in sales bookings to Rs 2,232 crore during the previous fiscal year. According to it regulatory filing, they had sales bookings of Rs 1,739 Cr during the last 12-month period. The company's sales volumes increased by 21% while its average price realisation per square foot increased by 6% during the fiscal year 2022–2023.

Kolte-Patil Developers Ltd, has claimed that a higher demand led to a 28% increase in sales bookings to Rs 2,232


crore during the previous fiscal year. According to it regulatory filing, they had sales bookings of Rs 1,739 Cr during

the last 12-month period. The company's sales volumes increased by 21% while its average price realisation per

square foot increased by 6% during the fiscal year 2022–2023.

Kolte Patil Ltd has developed and built around 50 projects totalling over 25 million square feet of saleable space in

Mumbai, Pune, and Bangalore. These projects include residential complexes, integrated townships, commercial

complexes and IT Parks.

Kolte Patil Developers is a real estate company based in Pune, India that specializes in residential and commercial

properties. Rajesh Patil is the Chairman and MD of the company. Founded in 1991, the company has developed over

50 projects in Pune, Bangalore, Mumbai, and other cities.

Kolte Patil Developers has received several awards for its innovative designs and quality construction including the

prestigious Realty Plus Excellence Award for Best Residential Project in 2019. The company is known for its focus on

customer satisfaction, sustainable practices, and timely delivery of projects.

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