Pune-based real estate developer Kolte-Patil Developers has announced sales of ₹631 crore in the fourth quarter of the financial year 2025 (Q4 FY25), marking a 15% decline from the same period last year.
Koltepatil DevelopersReal EstatePuneSales DeclineFinancial PerformanceReal EstateApr 17, 2025
Kolte-Patil Developers recorded sales of ₹631 crore in the fourth quarter of the financial year 2025 (Q4 FY25).
The sales declined by 15% compared to the same quarter in the previous fiscal year.
Kolte-Patil Developers is focusing on diversifying its portfolio, expanding into new geographies, and investing in sustainable and affordable housing projects.
Government initiatives such as the Pradhan Mantri Awas Yojana (PMAY) and the Real Estate (Regulation and Development) Act (RERA) are supporting the real estate sector in India by fostering transparency and consumer confidence.
Kolte-Patil Developers plans to ramp up its project launches and sales efforts, explore opportunities in smart cities and infrastructure development, and maintain a focus on quality and innovation.
Maharashtra MLAs have urged the scrapping of the Nagpur-Goa highway project due to environmental concerns and sustainability issues.
Institutional investments in Indian real estate surge to a record $4.8 billion, driven by foreign and domestic investors, with emerging sectors like data centres and life sciences gaining traction.
Navi Mumbai police found real estate agent Sumit Jain's body near Pen, Raigad, but are still searching for Amir Khaanzada, NCP leader, who was with Jain.
Ashish Singh, head of India and SE Asia realty at Actis, resigns after 20 years of experience in real estate. He will stay on till end of 2025.
The recent stimulus package from the Chinese government, focusing on real estate and infrastructure, has boosted metal stocks, with National Aluminium and NMDC each rising by 3%. This positive trend reflects growing optimism in the global metal market.
The Bombay High Court has ordered all municipal corporations and councils in Maharashtra to integrate their websites with the MahaRERA portal for real-time data sharing and improved transparency.