Kolte realty pushes Rs.500 cr investment

    Kolte-Patil Developers
    Real estate company, Kolte-Patil Developers in a recent move has planned to set up a Rs.500 crore investment platform to finance its real estate projects and is currently negotiating with global private equity investors for the same. The company plans to invest around 20% of the corpus by itself, while the remaining portion of the fund will be available for other real estate projects, company's group president and chief executive officer Gopal Sarda quoted saying. In addition to this, the renowned real estate developer is also currently negotiating with private equity firms to generate Rs.150-200 crore more to match its emerging requirements.
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