Kolte-Patil Developers Limited (KPDL) is a Pune-headquartered, publicly listed real estate company incorporated on 25 November 1991. Its Bengaluru operations began as early as 1994, making it one of the few national developers with more than three decades of continuous presence in the city. Across Pune, Mumbai, and Bengaluru, the company has developed over 68 projects covering a saleable area of approximately 36 million square feet — a portfolio that spans residential complexes, integrated townships, commercial blocks, and IT parks. KPDL trades on both NSE and BSE (ticker: KOLTEPATIL) and has attracted institutional backing from entities including KKR and Blackstone at various points in its growth. Its guiding philosophy — "Creation, not construction" — informs product decisions from site selection through handover.
Within Bengaluru, KPDL has built a cluster of ongoing developments along the Hennur Road–North Bengaluru corridor, including Lakeside24, Mirabilis, Raaga, and the 24K Grazio in Koramangala. Each of these is RERA-registered with construction-linked payment plans. Kannur is now the site of the developer's most distinctive address in this corridor: Kolte Patil Lakeside24.
Kolte Patil Lakeside24 sits directly off Hennur Road on Kannur Main Road, positioned opposite Kannur Lake. The project spans 1.86 acres and rises across a single tower of Basement+Stilt+24 floors, delivering 131 carefully sized units. The configuration range covers 2 BHK (approximately 1,178–1,187 sq ft), 2.5 BHK (approximately 1,286–1,340 sq ft), and 3 BHK (approximately 1,513–1,575 sq ft) apartments, alongside 3 and 4 BHK duplex homes. Pricing, as publicly listed on real estate aggregators, runs from approximately ₹1.1 crore to ₹3.2 crore depending on unit size and floor. Possession is targeted for October 2028.
The project is RERA-registered with the Karnataka RERA authority under registration number PRM/KA/RERA/1251/446/PR/060324/006667, filed in March 2024. Buyers can independently verify construction stage, approvals, and compliance records against this number on the Karnataka RERA portal.
The lake-facing orientation is the project's defining physical characteristic. The tower's alignment means that upper-floor units on the lake-facing side overlook the Kannur Lake, providing a natural open buffer that does not exist in the dense mid-city corridors where KPDL also operates. The amenity programme — more than 40 features including a swimming pool, gymnasium, jogging track, yoga lawn, reflexology park, toddler sandpits, floral garden, BBQ deck, pet park, open-stage platform, and a clubhouse with a jacuzzi, steam, and sauna — is designed around outdoor use of the plot area, consistent with KPDL's emphasis on open green space at its township-scale developments in Pune.
Kannur is a locality in North Bangalore situated along SH-104 (Thanisandra Main Road), bordered by Thirumenahalli, Chikkagubbi, and Chokkanahalli. Its positioning gives residents two types of access that matter: proximity to major employment nodes and a lower-density residential environment relative to the Hebbal or Yelahanka corridors that have already matured.
Average asking prices in the Hennur Road micro-market have been reported at approximately ₹11,850 per square foot, according to property aggregator data. Kannur's pricing relative to Chikkagubbi and Bellahalli remains more measured, which partly explains why investment interest has risen — the locality has room to move, supported by confirmed infrastructure projects rather than speculative ones.
Kolte-Patil is not arriving in North Bangalore without a footprint. The developer's Raaga project on Hennur Road is among the established addresses cited by real estate platforms when buyers search the Kannur–Thanisandra stretch. Raaga Phase 2 on Hennur Road is listed as one of the preferred residential societies in the Kannur locality itself, giving Lakeside24 buyers a local reference point for construction quality and project management.
Across Bengaluru more broadly, KPDL's ongoing and completed portfolio also includes i-Towers Exente in Electronic City Phase II, Mirabilis in Horamavu, and 24K Grazio in Koramangala — a spread that demonstrates the developer's ability to operate across different product categories and city zones simultaneously. In FY2025, the company reported total income of ₹1,763.7 crore, up 26.5% year-on-year, and achieved record pre-sales of over ₹2,800 crore in FY2024 — public financial data that gives buyers context on the company's operational scale at the time of committing to a construction-linked purchase.
Lake-facing residential inventory in Bengaluru has consistently traded at a premium to comparable non-lake addresses. Kannur Lake functions as a natural green corridor directly across from the Lakeside24 site, which limits construction on that frontage permanently. This is a structural feature, not an amenity that can be replicated or shifted — the lake boundary is fixed. For buyers choosing between units at Lakeside24, the upper-floor, lake-facing configurations represent an irreproducible view, which historically supports better resale liquidity in the Bengaluru market.
KPDL's decision to centre the project's identity on the lake — naming it Lakeside24 and aligning the single-tower footprint to maximise lake-facing exposure — reflects a deliberate product positioning rather than incidental geography. The 24 in the project name doubles as both the floor count and a reference to the developer's broader premium sub-brand architecture, which spans other projects in its portfolio.