Kolte Patil Developers

24.06.2022 (Zee interview)

  • Have been able to take price hike of 5-10% in last year, in last 3-months, 2-4% price hike across portfolio. In Q2 planned launches, prices will be at 5% premium to initial planed prices (when project was being finalized)
  • Kolte’s growth in their micro markets has mainly been due to increased ITES demand
  • Pre-sales target for FY23 ~ 2’300 cr.
  • Will have 10mn sq.ft of business development and 5’000 cr. launches in FY23

Disclosure: Invested (position size here, bought shares in last-30 days)

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