Kolte-Patil Developers Sees Leadership Change as Rahul Talele Exits, Atul Bohra Takes Helm
Rahul Talele steps down as Kolte-Patil Developers' CEO, Atul Bohra to take over; company plans to launch real estate projects worth ₹9,000 crore by FY25 in Pune, Mumbai, and Bengaluru.
Real EstateKolte Patil DevelopersRahul TaleleAtul BohraLeadership ChangeReal Estate MumbaiJun 14, 2024
Atul Bohra, a chartered accountant and former CFO of Kolte-Patil Developers, will take over as the new CEO. Bohra has a rich experience of working with the company in different roles from 2012 to 2023 and has also served as the Group CFO.
Rahul Talele tendered his resignation on June 13, 2024, and will continue to work with the company as a non-key managerial personnel until August 31, 2024, to ensure a smooth transition of leadership. During his 14-year tenure with Kolte-Patil Developers, Talele played a crucial role in shaping the company's growth strategy.
The new CEO, Atul Bohra, has a proven track record of driving business growth and has demonstrated keen business sense, transformative approach, and financial expertise. Rajesh Patil, Chairman and Managing Director of Kolte Patil Developers, expressed confidence in Bohra's ability to lead the company to achieve new milestones and solidify its position as a leading real-estate developer.
Kolte-Patil Developers has a strong portfolio of projects across Pune, Mumbai, and Bengaluru, and plans to launch real estate projects worth ₹9,000 crore by FY25. The company's sound financial standing, solid leadership team, and economic and sectoral tailwinds position it firmly for achieving robust growth.
Kolte-Patil Developers was incorporated in 1991 and 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 firm based in Pune, India. The company has a strong presence in the Indian real estate market and has developed several iconic projects across Pune, Mumbai, and Bengaluru.
Frequently Asked Questions
Who is the new CEO of Kolte-Patil Developers?
Atul Bohra
Why did Rahul Talele resign from Kolte-Patil Developers?
To pursue professional goals outside the organization
What is Kolte-Patil Developers' project portfolio?
The company has developed and constructed over 64 projects including residential complexes, integrated townships, commercial complexes, and IT Parks
What is Kolte-Patil Developers' growth strategy?
The company plans to launch real estate projects worth ₹9,000 crore by FY25 in Pune, Mumbai, and Bengaluru
Who is the Chairman and Managing Director of Kolte Patil Developers?
Rajesh Patil
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