Business Spotlight

Kolte-Patil Developers’ Residential Project ‘K52’ in Khar, Mumbai, recognized with ‘Luxury Project of the Year’ Award

Winner of the "Developer of the Year - Luxury Villas" award at the Real Estate & Business Excellence Awards 2023, media partnered by ZEE Business.

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Kolte-Patil Developers
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On August 5th this year, Kolte-Patil Developers’ residential project ‘K52’ in Khar West, Mumbai, was honoured with the esteemed ‘Luxury Project of the Year, 2023', at the 'Real Estate & Business Excellence Awards' ceremony held at Westin Hotel, Mumbai. The event was supported by Zee Business and organized by Adsync Dubai.

The realm of Real Estate is inherently demanding, aiming to bring satisfaction to its customers. Founded nearly 3 decades ago and guided by the simple, yet profound, philosophy of ‘Creation, not construction’, Kolte-Patil Developers is a leading real estate company with dominant presence in the Pune residential market and growing influence in Mumbai and Bengaluru. Kolte Patil has distinguished itself by prioritizing customer needs, placing their satisfaction at the core of its values. Through strategic investments in technology, customer-centric design philosophies, innovation, and transparent processes, Kolte-Patil upholds the highest standards of quality and customer satisfaction. The company has developed and constructed over 58 projects including residential complexes, integrated townships, commercial complexes and IT Parks covering a saleable area of ~26 million square feet across Pune, Mumbai and Bengaluru. KPDL markets its projects under two brands: ’Kolte-Patil’ (addressing the mid-income segment) and ‘24K’ (addressing the premium luxury segment).

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With a staggering population of over 21 million1, Mumbai stands as one of the most densely inhabited cities globally. This urban landscape brings forth not only challenges but also the potential for redevelopment that can contribute to the betterment of the local community and support economic progress. Expanding its scope to Mumbai in 2013, Kolte Patil Developers is focused on transforming communities through projects with capital-light growth model. Presently, they have thirteen projects, including completed, ongoing, and future ventures, thoughtfully positioned across prime locations in the city.

The award winning redevelopment project K52, situated in Khar, stands as an epitome of luxury, showcasing an exquisite residential tower featuring 20 carefully designed 2BHK residences. With four podium level floors and an additional 12 habitable floors, the project spans an impressive area of 1,252 square meters. Its strategic location across from Khar Gymkhana and its proximity to Carter Road and Pali Hill provide access to upscale retail outlets, medical services, and educational establishments. Each residence offers a carpet area of around 844 sq. ft., with associated prices starting at approximately INR 6 crore.

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Mr. Rahul Talele, the Group CEO of Kolte-Patil Developers, said "KPDL is committed to diversifying its offerings and expanding its presence in Mumbai. Being cognizant of city’s evolving demand for holistic real estate; comfort, quality, sustainability and providing world-class amenities, have become our key focus areas while developing such residential projects. It’s these modern home-buying trends that shaped our approach when we started working on the blueprints of K52. This award is a testimonial for KPDL’s dedication to offer modern and luxurious living in Mumbai's dynamic landscape."

Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.

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