Pune-based real estate developer Kolte-Patil Developers Limited announced its foray in Mumbai with a redevelopment project in Khar (West) on Linking Road.
The project called Link Palace Premises Co-operative Society Limited stands on a plot of 1,594 square meters with a total developable area of about 0.1 million. square feet.
“With a strong vision to expand in Mumbai, we have strategically commenced operations with this redevelopment project. We are confident that this will reap rewards across markets. We plan to select projects based on the evident sale velocity and will continue along the redevelopment growth trajectory with similar and larger scale projects over the next year,” Sujay Kalele, Group CEO, Kolte-Patil Developers Ltd. said.
