Kolte-Patil Developers Ltd. has recently unveiled two redevelopment projects in Mumbai, expanding its selection of residential properties there. K52 in Khar and Alora in Kalina, are the two new launches and are said to have an income potential of INR 110 crore and INR 300 crore respectively. K52 in Khar will comprises of 12 stories and offer 2 BHK apartments with a carpet area of approximately 844 square feet. Alora will comprise of five 11 story towers offering 2 and 3 BHK apartments.
Kolte-Patil Developers Ltd. has started two redevelopment projects in Mumbai, expanding its selection of residential properties there. K52 in Khar and Alora in Kalina, are the two new launches and are said to have an income potential of INR 110 crore and INR 300 crore respectively.
Twenty 2BHK flats make up the opulent custom residential tower K52 in Khar. The project spans 1,252 square metres and has 12 inhabited floor spaces in addition to four podium level floors. Each house has a carpet space of roughly 844 square feet and a ticket value of INR 6 crore or more.
The gated community of Alora in Kalina, Santacruz spans 1.34 acres and is made up of five 11-story towers with a variety of 2- and 3-bedroom floor plans with prices ranging from INR 2.8 crore to INR 4.5 crore. The project has been deliberately built with plenty of open natural spaces to accommodate modern desires.
The Mumbai market which accounted for 19% of KPDL's total sales of INR 1,528 crore in the first nine months of FY23, is the area where the company is concentrating on growing its market share. The company is rapidly extending its presence in Mumbai with three further ongoing projects in key areas, including K52 and Alora, as well as Goregaon, Borivali, and Dahisar.
Kolte-Patil Developers Limited is a real estate development company based in Pune, India. Founded in 1991, the company has a strong presence in several cities across India, including Bangalore, Mumbai, Pune and Goa. Kolte-Patil is primarily focused on the development of residential, commercial and retail properties. The company has delivered several landmark projects in the residential and commercial space and is known for its innovative designs and high-quality construction. With a strong commitment to sustainability, Kolte-Patil has also launched several green projects that incorporate eco-friendly features.
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