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Company Name : Kolte-Patil Developers Limited

Thursday, December 7, 2017 6:20PM IST (12:50PM GMT)

(NSE:KOLTEPATIL)(BSE:532924)

Kolte-Patil Developers' Unveils 'The Great Year End Sale' at its Life Republic Township Project in Pune


1 BHK at Rs. 29.89 lakh, 2 BHK at Rs. 45.26 lakh


Mumbai, Maharashtra, India

Kolte-Patil Developers Ltd (BSE: 532924, NSE: KOLTEPATIL), a leading real estate company, is happy to present ‘The Great Year End Sale’ at its Life Republic project in Pune between 15th - 17th December 2017.

As part of the attractive offer, apartment buyers can avail of a special price during the sale period wherein a 1 BHK will be available at Rs. 29.89 lakhs + Govt taxes and 2 BHK at Rs. 45.26 lakhs + Govt taxes with guaranteed possession before 31st December, 2020. Further, ten additional benefits can be availed in the form of assured rental income for 12 months post-delivery, iPhone 7 (only on 2 BHKs), trip to Dubai, no floor rise, flexible payment plans, stamp duty at just 3.5%, no preferential location charges, home insurance worth Rs. 25 lakh, accidental insurance worth Rs. 25 lakh and free home loan assistance.

Life Republic is western Pune’s most aspirational township spread across [370-acres] being developed at Pune’s IT hub, Hinjawadi. The first phase of the project has already been completed and delivered within the stipulated delivery period. Life Republic is currently home to 5,000+ residents. The township has best-in-class physical as well as social infrastructure which special emphasis on open spaces and green networks, and also includes a fully functional global school spread across 7 acres. The project is MahaRERA registered (P52100009640).

We welcome you all to visit the project to gain a better perspective of how the Life Republic community is being built. For further details we request you visit the site office or call 1800 2666654.

Commenting on the development, Mr. Gopal Sarda, Group CEO, Kolte-Patil Developers Limited said, “Despite the challenging times facing the sector over the last few years, Kolte-Patil’s performance has been consistent, with on time completion of projects making us the preferred choice of customers. We have welcomed RERA and GST and believe these regulations will improve buyers’ confidence and benefit transparent, organized developers like us. Besides, lower home loan rates and implementation of Credit Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana (PMAY) has made home loans easily accessible and affordable to consumers.

The sector is at an inflection point and an opportune time for us to reach out to our customers with attractive offers. Life Republic is a fully integrated township project with ready state-of-the-art infrastructure and amenities making it a landmark destination in western Pune. We are delighted to welcome all our valued customers to experience the vibrant community being built around the core values of creativity and sustainability, and capitalize on the attractive prices and offers at ‘The Great Year End Sale’. ”

About Kolte-Patil Developers Limited

Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL), incorporated in 1991, is a leading real estate company with dominant presence in the Pune residential market. Kolte-Patil is a trusted name with a reputation for high quality standards, design uniqueness, transparency and the delivery of projects in a timely manner. The company has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of ~15 million square feet across Pune and Bengaluru.

Kolte-Patil markets its projects under two brands: ’Kolte-Patil’ (addressing the mid-income segment) and ‘24K’ (addressing the premium luxury segment). The Company has executed projects in multiple segments – standalone residential buildings and integrated townships. Several of the company’s projects have been certified by the Indian Green Building Council (IGBC).

Consolidating its leadership position in Pune, the company forayed into the Mumbai market in 2013 focusing on low capital intensive society re-development projects.

The Company’s long-term bank debt and non-convertible debentures have been rated ‘A+ / Stable’ by CRISIL, the highest rating accorded by CRISIL to any publicly listed residential real estate player in India.

For more details on Kolte-Patil Developers Ltd., visit www.koltepatil.com.


Click here for Media Contact Details

Nidhi Sekhsaria, For Kolte Patil Developers Ltd., +91-9820188007, nidhisekhsaria@gmail.com


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News Summary

Kolte-Patil Developers Ltd (BSE: 532924, NSE: KOLTEPATIL), a leading real estate company, is happy to present 'The Great Year End Sale' at its Life Republic project in Pune between 15th - 17th December 2017. As part of the attractive offer, apartment buyers can avail of a special price during the sale period wherein a 1 BHK will be available at Rs. 29.89 lakhs + Govt taxes and 2 BHK at Rs. 45.26 lakhs + Govt taxes with guaranteed possession before 31st December, 2020.