Kolte-Patil Developers, a leading real estate company in India, has reported sales of ₹631 crore in the fourth quarter of FY25, a decline of 15% compared to the same period last year. Despite market challenges, the company remains committed to its growth strategy and continues to invest in key markets.
Real EstateLuxury ApartmentsMarket ChallengesMumbaiBengaluruReal Estate MumbaiApr 17, 2025
Kolte-Patil Developers reported sales of ₹631 crore in Q4 FY25.
Kolte-Patil Developers' sales declined by 15% compared to the same period last year.
Economic uncertainties and a shift in consumer preferences have been significant factors contributing to the challenges in the real estate market.
Kolte-Patil Developers has a strong presence in cities like Mumbai, Bengaluru, and Pune.
Singer Alka Yagnik and her daughter have purchased a luxury flat in Mumbai's Andheri for Rs 11.5 crore.
Pune's vibrant real estate market has experienced rapid changes over the past few years, with strong housing price increases and ongoing changes in market dynamics.
MahaRERA is set to launch an AI-powered grading system for real estate projects in Maharashtra, aiming to enhance transparency and accountability in the sector.
A prominent real estate figure from Jamshedpur has been arrested by the Enforcement Directorate in connection with suspected money laundering activities and arms possession.
Real estate companies, politicians, and even government ministers are among the beneficiaries of a controversial change in Goa's land use law, which threatens the state's green zones.
Mumbai, Bengaluru, and Pune lead the charge in India's luxury housing market, while mid-range and affordable homes struggle to keep pace.
Mumbai MMR has recorded a significant 7% year-on-year increase in residential transactions, with the festive season and infrastructure upgrades expected to further boost the real estate sector.