Kolte-Patil Developers implements changes in leadership team

09 Sep 2021 CW Team

On Wednesday, Kolte-Patil Developers, a Pune-based realty company, promoted Yashvardhan Patil, currently serving as the group CEO, to the post of Joint Managing Director.

In a regulatory filing, the firm said that Rahul Talele, currently serving as the Business Head- Pune, has been elevated to the post of the Group CEO with effect from 8th September 2021.

Talele joined Kolte-Patil Developers as the Deputy Project Director in 2010. Since then, he has been instrumental in stimulating many strategic initiatives comprising the firm's entry into the affordable housing sector, extension into the Mumbai redevelopment market and the scale-up delivered in the Life Republic Township.

Rajesh Patil, Chairman and Managing Director, Kolte-Patil Developers, told the media that there would be many exciting opportunities in the Indian real estate sector in the following years with rising consolidation and formalisation.

The firm has developed and built more than 50 projects, including residential complexes, integrated townships, commercial complexes and IT Parks, holding a saleable area of about 20 million sq ft across Mumbai, Pune and Bengaluru.

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