Kolte-Patil Developers Ltd. Stock Analysis KOLTEPATIL.NS

Kolte-Patil Developers Ltd. engages in the development of real estate property. The company is headquartered in Pune, Maharashtra and currently employs 520 full-time employees. The company went IPO on 2007-12-07. The firm is primarily engaged in the business of construction of residential, commercial, information technology (IT) parks along with renting of immovable properties and providing project management services for managing and developing real estate projects. The company has a presence in the Pune residential market, and a diversified presence in Mumbai and Bengaluru. The company markets its projects under two brands: Kolte-Patil (addressing the mid-premium/premium segment) and 24K (addressing the premium luxury segment). The firm has developed and constructed over 68 projects, including residential complexes, integrated townships, commercial complexes and IT parks covering a saleable area of approximately 30 million square feet across Pune, Mumbai and Bengaluru. Its projects include Aros, Sound of Soul, Raaga, Florence, Giga, Verve, City Vista, iTowers Exente and others. Raaga project is in Hennur Road, North Bengaluru.