Kolte-Patil Developers Limited Projects

Kolte-Patil Developers Limited projects in Kannur, Bangalore

Kolte-Patil Developers on Kannur's Hennur Road Corridor

Kolte-Patil Developers Limited, a Pune-headquartered, NSE- and BSE-listed real estate company, has built its Bengaluru presence on the Hennur Road belt of North Bengaluru, with Kannur as one of its established addresses. Raaga by Kolte-Patil Developers is a premium gated community on Hennur Main Road, North Bengaluru, offering a symphony of peaceful residences and vibrant community spaces. The choice of Kannur was not incidental — the locality sits directly on the growth axis the developer has targeted across North Bengaluru, an area where large employers, arterial roads, and civic upgrades have converged over the past decade.

A Developer Built Over Three Decades

Founded nearly 3 decades ago, incorporated in 1991 and guided by the philosophy of 'Creation, not construction,' Kolte-Patil Developers Ltd is headquartered in Pune and listed on NSE and BSE (BSE: 532924, NSE: KOLTEPATIL). The company was set up as a partnership firm in 1989 and later incorporated as Kolte-Patil Developers Ltd on 25 November 1991, by Rajesh Patil, Naresh Patil and Milind Kolte. Over 30+ years, the company has developed and constructed more than 68 projects — residential complexes, IT parks, integrated townships, and commercial complexes — covering a saleable area of roughly 36 million sq. ft. across Pune, Mumbai, and Bengaluru. That scale, built primarily on Pune's residential market, is what the company brought with it when it expanded into Bengaluru's Hennur–Kannur stretch.

Raaga: Kolte-Patil's Anchor Project in Kannur

Raaga is positioned off Hennur Main Road and close to Manyata Tech Park, keeping residents well connected to work and leisure. The project sits off Hennur Road in North Bangalore, a fast-developing residential belt with access to Outer Ring Road, Hebbal, Thanisandra, and the airport. Unlike a typical launch-stage project, Raaga's Phase 1 and Phase 2 are ready-to-move-in with Occupation Certificate already in place, which removes much of the uncertainty buyers usually weigh when choosing between under-construction and completed inventory in this corridor.

The development is registered under Karnataka RERA (RERA No. PRM/KA/RERA/1251/446/PR/171014/000856) and was officially launched on 25 April 2014. The project is spread over an area of 6.70 acres, laid out as 590 units of 2 and 3 BHK flats spread on the land parcel. Configurations run 2 BHK and 3 BHK apartments, with prices ranging from roughly ₹47.34 lakh to ₹83.96 lakh depending on size, tower, and view.

What the Address Offers Day to Day

Raaga's amenities mix includes a clubhouse, swimming pool, gym, indoor games room, landscaped gardens, children's play zones, jogging tracks, senior seating, sports courts, and 24/7 security. For a resident working in North Bengaluru's IT corridor, the practical draw is proximity: Manyata Tech Park, home to multinational occupiers including Philips, HP, and Intel, is only about 5 km away, and the Hebbal flyover provides smooth connectivity to the airport and central Bangalore. Baiyyappanahalli Metro station, roughly 7 km away, connects commuters to other major localities within Bangalore.

Kannur Within the Wider Kolte-Patil Bengaluru Portfolio

Raaga is not an isolated bet for the developer in this micro-market. Kolte-Patil also runs Lakeside24, another ongoing Bengaluru project strategically positioned off Hennur Road and on Kannur Main Road, facing Kannur Lake, alongside other active Bengaluru developments such as Mirabilis, 24K Grazio, and i-Towers Exente. This clustering signals a deliberate, sustained commitment to the Hennur-Kannur belt rather than a one-off entry, giving buyers at Raaga the reassurance of an active local presence — sales offices, project teams, and after-possession service — rather than a developer operating remotely from Pune.

Why Kannur's Market Fundamentals Matter Here

  • Kannur is a locality in the northern part of Bangalore with pincode 562149, positioned along SH-104 (Thanisandra Main Road), which ensures seamless intercity connectivity.
  • The nearest IT hubs are Manyata Tech Park (6 km) and Kirloskar Tech Park (12 km), sustaining steady end-user and rental demand for projects like Raaga.
  • The average price for apartments in the Hennur Road stretch is around ₹10,350 per sq. ft., with a year-on-year change of 6.2%, indicating a steadily appreciating, mid-to-premium micro-market rather than a speculative one.
  • Among projects in Hennur Road, Kolte Patil Raaga has been noted for earning one of the highest annual rental yields in the locality, a factor relevant to buyers weighing investment returns alongside end use.
  • Schools such as Englewood Primary School, Dignity Public School, and Oasis International School are within the locality, and hospitals including Manipal Hospital and Good Health Hospital are about 4 km away, rounding out the social infrastructure that supports a Kolte-Patil family buyer's daily needs.

The Buyer Takeaway

For a buyer evaluating Kolte-Patil Developers in Kannur, the proposition rests on two distinct but connected strengths: a developer with a three-decade Pune-rooted track record now listed and operating at scale across Pune, Mumbai, and Bengaluru, and a specific address at Raaga that has already cleared the biggest risk in Bengaluru's apartment market — construction and occupancy — while sitting inside one of North Bengaluru's more established, IT-driven residential corridors.

Frequently Asked Questions

What does Kolte-Patil Developers currently offer in Kannur, Bengaluru?+
Kolte-Patil's flagship project in the locality is Raaga, a gated community off Hennur Main Road offering 2 and 3 BHK apartments, with Phase 1 and Phase 2 already ready-to-move-in and holding an Occupation Certificate.
Is Raaga by Kolte-Patil ready to move in or under construction?+
Raaga's Phase 1 and Phase 2 are ready to move in, with the Occupation Certificate already in place, which reduces construction-risk and possession-timeline uncertainty for buyers.
How well connected is Kannur/Hennur Road to Bengaluru's IT hubs?+
The location is close to Manyata Tech Park, which hosts multinational occupiers like Philips, HP, and Intel, and benefits from the Hebbal flyover for smooth access to the airport and central Bangalore, plus proximity to Outer Ring Road and Thanisandra.
What is the price range for Kolte-Patil Raaga apartments in Kannur?+
Reported prices for 2 and 3 BHK units at Raaga range roughly between ₹47.34 lakh and ₹83.96 lakh, varying by unit size, tower, and view.
How established is Kolte-Patil Developers as a company?+
Kolte-Patil Developers was incorporated in 1991, is headquartered in Pune, is listed on both NSE and BSE, and has developed over 68 projects covering roughly 36 million sq. ft. across Pune, Mumbai, and Bengaluru over three decades.
Does Kolte-Patil have other projects near Kannur besides Raaga?+
Yes, the developer also runs Lakeside24, another ongoing Bengaluru project positioned off Hennur Road and on Kannur Main Road facing Kannur Lake, showing a sustained presence in this micro-market beyond a single project.
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