Kolte-Patil Developers
Kolte Patil Developers Ltd. (BSE: 532924) (NSE: KOLTEPATIL), incorporated in 1991, is a leading real estate company with dominant presence in the Pune residential market. Kolte Patil is a trusted name with a reputation for high quality standards, design uniqueness, transparency and the delivery of projects in a timely manner. The company has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of over 15 million square feet across Pune and Bengaluru. Kolte Patil markets its projects under two brands: 'Kolte Patil' (addressing the mid-income segment) and ' 24K ' (addressing the premium luxury segment). The Company has executed projects in multiple segments - standalone residential buildings and integrated townships. Several of the company's projects have been certified by the Indian Green Building Council (IGBC). Consolidating its leadership position in Pune , the company forayed into the Mumbai market in 2013 focusing on low capital-intensive society re-development projects. The Company's long-term bank debt and non-convertible debentures have been rated 'A+ / Positive'by CRISIL, the highest rating accorded by CRISIL to any publicly listed residential real estate player in India .