Kolte-Patil Developers Appoints New CEO, Rahul Talele Steps Down
Rahul Talele, CEO of Kolte-Patil Developers, has resigned to pursue professional goals outside the organization, and Atul Bohra will take over as the new CEO.
Kolte Patil DevelopersRahul TaleleAtul BohraReal EstateCeoReal Estate NewsJun 14, 2024
Atul Bohra, a chartered accountant and former CFO of Kolte-Patil Developers, will replace Talele. Bohra has worked with Kolte-Patil Developers in different roles from 2012 to 2023, during which he also served as the Group CFO. Before joining Kolte-Patil Developers as a Group CEO, Bohra briefly took on the role of a Regional Business Head at a leading real estate company.
Rajesh Patil, Chairman and Managing Director, Kolte Patil Developers, said, “Kolte-Patil Developers is firmly positioned for achieving robust growth on the back of strong projects-portfolio, sound financial standing, a solid leadership team and economic and sectoral tailwinds.” Patil added, “In his earlier tenure at Kolte-Patil, having worked across functions and geographies, Atul has demonstrated keen business sense, transformative approach, and financial expertise, contributing meaningfully to the success of the company. I am confident that in his new role as the Group CEO, he will lead the Company to achieve new milestones and solidify our position as a leading real-estate developer.”
Kolte-Patil developers was incorporated in 1991. The company has developed and constructed over 64 projects including residential complexes, integrated townships, commercial complexes and IT Parks covering a saleable area of more than 28 million square feet across Pune, Mumbai and Bengaluru.
Kolte-Patil Developers is a leading real estate company with a strong presence in Pune, Mumbai, and Bengaluru. The company has a strong project portfolio, sound financial standing, and a solid leadership team, positioning it for robust growth.
Frequently Asked Questions
Who is the new CEO of Kolte-Patil Developers?
Atul Bohra, a chartered accountant and former CFO of Kolte-Patil Developers, will replace Rahul Talele as the new CEO.
Why did Rahul Talele resign as CEO of Kolte-Patil Developers?
Rahul Talele resigned to pursue professional goals outside the organization.
How long has Rahul Talele worked with Kolte-Patil Developers?
Rahul Talele has worked with Kolte-Patil Developers for 14 years.
What is the background of Atul Bohra?
Atul Bohra is a chartered accountant and former CFO of Kolte-Patil Developers, with experience in different roles from 2012 to 2023.
What is the current project portfolio of Kolte-Patil Developers?
Kolte-Patil Developers has developed and constructed over 64 projects including residential complexes, integrated townships, commercial complexes and IT Parks covering a saleable area of more than 28 million square feet across Pune, Mumbai and Bengaluru.
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