Singapore FII Increases Stake in Kolte-Patil Developers to 40%

A company from Singapore called BREP Asia III India Holding Co VII Pte.

Ltd.

bought more shares of Kolte-Patil Developers, a real estate company.

They bought a big chunk of shares from some of the people who started the company, paying a total of about ₹750 crore.

Before this, they already owned a smaller part of the company.

This shows that a big investor is putting more money into the company.

The price of Kolte-Patil Developers shares went up a little bit after this news.