Kolte Patil Developers

18.07.2023 CNBC interview

  • 700 cr. quarterly sales maintained in last 3-quarters
  • Expect 25-30% growth in pre-sales in next couple of years
  • Out of 5000 cr. of proposed launches, have launched 1100 cr. in Q1FY24. Very strong launch pipeline for Q2 and Q3
  • 8 out 10 projects have seen significant increase in realizations (5-15%) including in Mumbai
  • Mumbai: In one project, realizations have increased from 16’500-17’000 to 19’500/sq.ft
  • Life Republic: >10% price increase across products

Disclosure: Invested (position size here, no transactions in last-30 days)

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