Kolte-Patil Launches Rs 300 Cr Premium Project in Navi Mumbai

With the opening of the upscale redevelopment project La Vita, real estate giant Kolte-Patil Developers Limited (KPDL) has increased its presence in the Navi Mumbai market. The mixed-use development project, which is situated in the centre of sector 2, Vashi, is expected to revolutionise urban living and business.

The real estate developer further solidified its position in the Mumbai Metropolitan Region (MMR) with the introduction of “La Vita.” The opulent building, which occupies an entire acre of land, includes prominent retail spaces and roomy 2BHK flats with one of the largest configurations in Vashi.

The real estate project, which focusses on the topic “Design to Inspire Life,” combines contemporary living with well-considered design. An estimated Rs 300 crore is the project’s Gross Development Value (GDV). The project’s east-west orientation optimises natural light and ventilation, and its lofty location provides expansive views of the hills and seashore.

Additionally, the project features shopping areas that are convenient for residents, and a number of first-rate amenities that encourage leisure, recreation, and community involvement. A fully furnished clubhouse, an amphitheatre for events, a multipurpose play court, a BBQ pavilion with outdoor dining places, and a running track are further features of the upscale property.

It also has a professional society management office, a state-of-the-art gymnasium, a children’s play area, landscaped party grounds, and a senior citizen zone.

Atul Bohra, Group CEO of Kolte-Patil Developers Ltd., commented on the unveiling, saying, “With this historic redevelopment project in Vashi, we are thrilled to announce our foray into Navi Mumbai. This launch marks the beginning of an exciting adventure in this high-potential micro-market and marks a significant milestone for our MMR portfolio. Vashi is a bustling centre for business and residential activity with first-rate facilities, smooth connectivity, and enormous expansion potential.

Source: ET Now

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