Kolte-Patil Developers has strengthened its Mumbai portfolio by adding three society redevelopment projects in the Western suburbs of Mumbai. These projects located in Khar (W), Malad (W) and Goregaon (W) - take the total tally to six projects in Mumbai with a saleable area (KPDL share) of approximately 0.6 million sft.  
 
Sujay Kalele, chief executive officer, Kolte-Patil Developers said, "We are delighted to announce these three additions to our Mumbai portfolio taking our total tally to six projects. Within a short span of time we have established ourselves as one of the largest listed real estate developers in the society redevelopment space. We are greatly enthused by our progress and the acceptance of our brand in the Mumbai market made possible by our strong execution track record and robust financial position. We will continue to expand in Mumbai through suitable redevelopment projects."
 
Shares of the company declined Rs 3.05, or 1.62%, to settle at Rs 184.80 at the BSE (Wednesday).