Kolte-Patil Developer

The Pune-based developer reported Q2 FY27 sales of Rs 1,019 crore, up 52 per cent year on year, and added six Mumbai redevelopment projects with an estimated gross development value of Rs 6,000 crore

Kolte-Patil Developers Ltd on Tuesday reported a 52 per cent growth in sales bookings to Rs 1,019 crore in the July-September quarter on better demand for its housing projects. Its sales bookings stood at Rs 670 crore in the year-ago period. In a regulatory filing, the company reported its highest-ever quarterly sales of Rs 1,019 crore in the July-September period of 2026-27 fiscal, up 52 per cent year-on-year. For the first half of this fiscal, sales bookings reached a record Rs 1,636 crore, up 27 per cent from Rs 1,286 crore in the year-ago period. Hrishikesh Parandekar, Chief Executive Officer, Kolte-Patil Developers, said, "Our robust performance in Q2 and H1 FY27, with record quarterly and half-yearly sales and strong collections, reflects the resilience of our business." The company saw strong sales in new projects and also sustained sales across its ongoing projects, he added. "While demand has softened in the near term across the broader market, particularly in Pune, we

Realty firm Kolte-Patil Developers on Thursday said it will redevelop six societies across the Mumbai Metropolitan Region (MMR) and is expecting a total revenue of Rs 6,000 crore from these upcoming properties. In a regulatory filing, Pune-based Kolte-Patil Developers informed that it has added six society redevelopment projects across prime locations in the MMR. The combined estimated revenue potential of the six projects is Rs 6,000 crore. These societies are located in Santacruz West, Andheri West (Lokhandwala), Oshiwara, Versova, Ghatkopar East and Vashi. The projects would be launched in 6-12 months. Kolte-Patil Developers Ltd has completed over 68 projects, including residential complexes, integrated townships, commercial complexes, and IT Parks covering a saleable area of more than 33 million square feet across Pune, Mumbai and Bengaluru. In the 2025-26 fiscal, the company entered into a strategic partnership with global investment firm Blackstone, which acquired a 40 per c

The Blackstone-backed developer plans to launch the projects across Mumbai and Navi Mumbai over the next six to 12 months, subject to regulatory approvals

Pune-based Kolte-Patil Developers reported a ₹10.4-crore loss in Q2 FY26, with revenue falling 55% year-on-year, though sales realisations and collections improved

The land parcel is surrounded by premium localities such as Bavdhan and Kothrud, adjacent to the Mumbai-Pune Expressway and close to the Shivaji Nagar railway station

Kolte-Patil Developers reports a Rs 16.99 crore loss in Q1 FY26, with a 75% YoY revenue decline; Blackstone's entry into the company marks a turning point

Backed by a strong pipeline of launches planned in the second half of the year, the management is confident about meeting the company's pre-sales target of Rs 3,500 crore for FY25.

The fall in the share price came after the company announced a weak set of June quarter (Q1FY25) results.

Shares of the company soared as much as 10.05 per cent to hit an intraday high of Rs 569.05 per share after Motilal Oswal initiated coverage on the real estate developer

Realty firm Kolte-Patil Developers Ltd on Thursday reported a 58 per cent increase in its sales bookings at Rs 701 crore in the first quarter of this fiscal year. Its sales bookings stood at Rs 445 crore in the year-ago period. In a regulatory filing, Pune-based Kolte-Patil Developers informed that its sales volumes increased 52 per cent and the average sales realisation improved by 4 per cent during the April-June period of this fiscal year as compared with the same quarter of the 2022-23 financial year. Kolte-Patil has developed and constructed over 58 projects, including residential complexes, integrated townships, commercial complexes and IT Parks covering a saleable area of around 26 million square feet across Pune, Mumbai and Bengaluru.

The management said that this growth was achieved on the back of firm realisations and highest-ever quarterly sales volumes, which improved 102 per cent QoQ and 31 per cent YoY

KPIT is developing 'Life Republic' a 383-acre township located in Pune's IT hub, Hinjewadi