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MBA Investmentwala

10th Sep · SEBI Registration INH000011185

Kolte-Patil Developers Posts Record ₹600 Crs Sales in 60 Hrs

KOLTEPATIL
Record Launch Performance Signals Strong Pune Housing Demand: Kolte-Patil Developers recorded sales of over ₹600 crore within just 60 hours of launching Vyana at The Reserve in Pune. More than 600 apartments were booked, highlighting strong initial customer absorption. The project is located along the Sinhgad Road corridor in Pune and forms part of the larger The Reserve development. The overall development spans around 20 acres, with approximately 5 million sq. ft. of saleable area and an estimated ₹4,000 crore GDV across multiple phases. The strong launch response provides revenue and cash-flow visibility as subsequent phases of the project are developed. Strategic Significance for Kolte-Patil Developers: The rapid absorption demonstrates strong demand for premium residential projects in Pune. Successful launches can support higher sales velocity, collections and project cash flows. The performance also provides confidence for the company's broader project pipeline and business-development strategy. Investors should track whether the strong launch momentum is sustained across subsequent phases and projects.

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