Kolte-Patil Developers has secured two project involving redevelopment of housing societies in the western suburbs of Mumbai with total saleable area of over 3.06 lakh sq ft translating into top-line potential of Rs 545 crore.
The two acquired projects are in Dahisar and Versova suburbs of Mumbai, in line with the company's growth and diversification goals of expanding presence in Mumbai. With these additions, the company now has a total of 15 projects in the Mumbai Metropolitan Region (MMR).
Of these, the project in Dahisar is well connected to the Western Express Highway.