Page 168 - Kolte Patil AR 2019-20

Notes forming part of the standalone financial statement

(H in Lakhs)
Year ended Year ended
Type of transactions Particulars
March 31, 2020 March 31, 2019
Kolte-Patil I-Ven Townships (Pune) Limited 29 20
Kolte-Patil Real Estate Private Limited 155 23
Snowflower Properties Private Limited (63) 7
Reimbursements Tuscan Real Estate Private Limited (39) 12
Imagination Interior decorators LLP 0 -
Regenesis Facility Management Private 0 6
Limited
Advance received for sale of residential/ Gopal Sarda - 47
commercial properties # Kolte-Patil Family Ventures LLP 645 -
KP-Rachana Real Estate LLP 509 301
Share of profit from firms/ LLP
Carnation Landmark LLP 1,534 -
KP-SK Project Management LLP 0 251
Ankit Enterprises 121 356
Bouvardia Developers LLP 1 1
Share of loss from firms/ LLP
Kolte-Patil Homes 2 3
Regenesis Project Management LLP 2 3
Carnation Landmark LLP - 124
Expenditure on rent of properties Kolte-Patil Family Ventures LLP 251 41
Expenditure on rent of lift material Kolte-Patil I-Ven Townships (Pune) Limited 3 17
Interest expenditure on inter corporate Kolte-Patil I-Ven Townships (Pune) Limited 44 -
deposits
Interest expenditure on advance against Kolte-Patil I-Ven Townships (Pune) Limited 53 -
Project Management fees
Expenditure related to employee welfare NYP Healthcare Ventures LLP 3 -
Expenditure on Cost of services, construction Kolte-Patil Infratech Private Limited 1,119 -
and land Other construction expenses Imagination Interior decorators LLP 65 -
Expenditure on Purchase of raw material Skroman Switches Private Limited 3 -
Kolte-Patil Real Estate Private Limited 440 2,574
Regenesis Facility Management Private
Dividend received 90 -
Limited
Tuscan Real Estate Private Limited 230 -
Expenditure on corporate social responsibility Anisha Education Society 379 218
Rajesh Patil 200 100
Naresh Patil 200 100
Milind Kolte 200 100
Gopal Sarda 488 447
Remuneration to key managerial personnel ## Atul Bohra 139 95
Vinod Patil 48 39
Nirmal Kolte 46 35
Yashvardhan Patil 8 19
Harshavardhan Patil 18 18
Kolte-Patil Redevelopment Private Limited 68 64
PNP Agrotech Private Limited 75 69
Interest on inter corporate deposits
Kolte-Patil Real Estate Private Limited 239 275
Anisha Lifespaces Private Limited 8 0
# Kolte-Patil Family Ventures LLP entered an agreement with the company for purchase of properties in City Bay Project on March 31,2020
whose agreement value is ` 1,800 Lakhs.
#Gopal Sarda entered an agreement with the company for purchase of properties in Jai Vijay Project on March 31, 2017 whose agreement
value is H175 Lakhs.

166 | Kolte-Patil Developers Limited