Updates

Kolte-Patil Launches Vyana at The Reserve in Pune, Achieves Record ₹600 Crore Sales in 60 Hours

Kolte-Patil launched 'Vyana at The Reserve' in Pune, recording over ₹600 crore in sales within 60 hours of launch—the company's strongest-ever launch performance with more than 600 apartments booked.

KOLTE PATIL LIFE REPUBLIC QRIOUS — New Project Coming Up in Hinjewadi, Pune

KOLTE PATIL LIFE REPUBLIC QRIOUS is a new launch project by Kolte Patil in Hinjewadi, Pune — priced from Rs. 79 Lacs onwards, 7.58 acres, RERA P52100079623.

KOLTE PATIL THE WINDS — New Project Coming Up in Bhugaon, Pune

KOLTE PATIL THE WINDS is a new launch project by Kolte Patil in Bhugaon, Pune — 5 acres, RERA PR1261012600258.

KOLTE PATIL WADGAON KHURD (SINHAGAD ROAD) — New Project Coming Up in Wadgaon Khurd, Pune

KOLTE PATIL WADGAON KHURD (SINHAGAD ROAD) is a upcoming project by Kolte Patil in Wadgaon Khurd, Pune — 22 acres.

KOLTE PATIL ELIXIR — New Project Coming Up in Kondhwa, Pune

KOLTE PATIL ELIXIR is a new launch project by Kolte Patil in Kondhwa, Pune — priced from Rs. 1.5 Cr onwards, 5.7 acres, RERA PR1261012500503.

KOLTE PATIL ROSE PARADE — New Project Coming Up in Kondhwa, Pune

KOLTE PATIL ROSE PARADE is a new launch project by Kolte Patil in Kondhwa, Pune — priced from Rs. 1.55 Cr onwards, 5 acres, 156 units, RERA P52100080374.

KOLTE PATIL MULUND WEST — New Project Coming Up in Mulund West, Mumbai

KOLTE PATIL MULUND WEST is a upcoming project by Kolte Patil in Mulund West, Mumbai.

KOLTE PATIL 24K SERENO — New Project Coming Up in Baner Hills, Pune

KOLTE PATIL 24K SERENO is a new launch project by Kolte Patil in Baner Hills, Pune — 7.5 acres, RERA P52100053702.

KOLTE PATIL TATHAWADE — New Project Coming Up in Tathawade, Pune

KOLTE PATIL TATHAWADE is a upcoming project by Kolte Patil in Tathawade, Pune — 5.4 acres.

KOLTE PATIL GHOTAWADE — New Project Coming Up in Ghotawade, Pune

KOLTE PATIL GHOTAWADE is a upcoming project by Kolte Patil in Ghotawade, Pune.

KOLTE PATIL BHUGAON SECTOR 1A — New Project Coming Up in Bhugaon, Pune

KOLTE PATIL BHUGAON SECTOR 1A is a new launch project by Kolte Patil in Bhugaon, Pune — 7.5 acres.

KOLTE PATIL BHUGAON JDA RESIDENTIAL PROJECT — New Project Coming Up in Bhugaon, Pune

KOLTE PATIL BHUGAON JDA RESIDENTIAL PROJECT is a new launch project by Kolte Patil in Bhugaon, Pune — priced from Price on Request.

KOLTE PATIL 24K NIBM — New Project Coming Up in NIBM, Pune

KOLTE PATIL 24K NIBM is a new launch project by Kolte Patil in NIBM, Pune — priced from Rs. 2.8 Cr onwards, 4 acres.

KOLTE PATIL LIFE REPUBLIC MARUBENI JV EXPANSION — New Project Coming Up in Hinjewadi, Pune

KOLTE PATIL LIFE REPUBLIC MARUBENI JV EXPANSION is a upcoming project by Kolte Patil in Hinjewadi, Pune — 900 units.

KOLTE PATIL THE RESERVE — New Project Coming Up in Sinhgad Road, Pune

KOLTE PATIL THE RESERVE is a new launch project by Kolte Patil in Sinhgad Road, Pune — priced from Price on request, 21 acres, RERA PM1261012600748.

KOLTE PATIL 24K BANER — New Project Coming Up in Baner, Pune

KOLTE PATIL 24K BANER is a new launch project by Kolte Patil in Baner, Pune — priced from Rs. 1.60 Cr onwards, RERA P52100005080.

Kolte-Patil Developers Appoints Hrishikesh Parandekar as New Chief Executive Officer

Blackstone-backed Kolte-Patil Developers has appointed Hrishikesh Parandekar as its new Chief Executive Officer, effective 24 August 2026, filling the leadership vacancy left after Atul Bohra's exit.

KOLTE PATIL MAR ESMERALDA — New Project Coming Up in Dabolim, Goa

KOLTE PATIL MAR ESMERALDA is a new launch project by Kolte Patil in Dabolim, Goa — priced from Rs. 82 Lac onwards, 62 units.

KOLTE PATIL KHARGHAR — New Project Coming Up in Kharghar, Navi Mumbai

KOLTE PATIL KHARGHAR is a pre-launch project by Kolte Patil in Kharghar, Navi Mumbai.

KOLTE PATIL 24K KHARADI — New Project Coming Up in Kharadi, Pune

KOLTE PATIL 24K KHARADI is a pre-launch project by Kolte Patil in Kharadi, Pune.

KOLTE PATIL LAXMI RATAN — New Project Coming Up in Ratan Nagar, Versova, Mumbai

KOLTE PATIL LAXMI RATAN is a upcoming project by Kolte Patil in Ratan Nagar, Versova, Mumbai — 0.8 acres.

KOLTE PATIL ESPACE — New Project Coming Up in Somnath Nagar, Pune

KOLTE PATIL ESPACE is a new launch project by Kolte Patil in Somnath Nagar, Pune — 4 acres.

KOLTE PATIL MARGOSA HEIGHTS — New Project Coming Up in NIBM, Pune

KOLTE PATIL MARGOSA HEIGHTS is a pre-launch project by Kolte Patil in NIBM, Pune — priced from Price on request.

KOLTE PATIL CROWN — New Project Coming Up in Moshi, Pune

KOLTE PATIL CROWN is a new launch project by Kolte Patil in Moshi, Pune — priced from Rs. 39 Lac onwards, 110 units, RERA P52100020978.

KOLTE PATIL BOND — New Project Coming Up in Punawale, Pune

KOLTE PATIL BOND is a new launch project by Kolte Patil in Punawale, Pune — 5.6 acres, RERA P52100079424.

KOLTE PATIL BHUGAON JD RESIDENTIAL PROJECT — New Project Coming Up in Bhugaon, Pune

KOLTE PATIL BHUGAON JD RESIDENTIAL PROJECT is a upcoming project by Kolte Patil in Bhugaon, Pune.

KOLTE PATIL 7.5-ACRE LAND PARCEL PROJECT, BHUGAON (GDV RS. 1,400 CR) — New Project Coming Up in Bhugaon (Sector 1A), Pune

KOLTE PATIL 7.5-ACRE LAND PARCEL PROJECT, BHUGAON (GDV RS. 1,400 CR) is a upcoming project by Kolte Patil in Bhugaon (Sector 1A), Pune — 7.5 acres.

KOLTE PATIL 24K BLUEMOON — New Project Coming Up in Baner, Pune

KOLTE PATIL CILANTRO — New Project Coming Up in Wagholi, Pune

KOLTE PATIL SANTACRUZ WEST REDEVELOPMENT — New Project Coming Up in Santacruz West, Mumbai

KOLTE PATIL ANDHERI WEST (LOKHANDWALA) REDEVELOPMENT — New Project Coming Up in Lokhandwala, Mumbai

KOLTE PATIL OSHIWARA REDEVELOPMENT — New Project Coming Up in Oshiwara, Mumbai

KOLTE PATIL VERSOVA — New Project Coming Up in Versova, Mumbai

KOLTE PATIL GHATKOPAR EAST REDEVELOPMENT — New Project Coming Up in Ghatkopar East, Mumbai

KOLTE PATIL VASHI REDEVELOPMENT — New Project Coming Up in Vashi, Navi Mumbai

Kolte-Patil Developers Reports Q1 FY27 Financial Results: Net Profit Turns Positive at ₹146.3 Crore on Record ₹937 Crore Total Income

Kolte-Patil's board approved Q1 FY27 results showing a swing to profitability, with consolidated net profit of ₹146.3 crore versus a loss a year earlier, on record quarterly income and margins.

Kolte-Patil Developers Adds Six MMR Society Redevelopment Projects Worth ₹6,000 Crore GDV

Kolte-Patil has added six new society redevelopment projects across Mumbai Metropolitan Region locations including Santacruz West, Andheri West, Oshiwara, Versova, Ghatkopar East and Vashi, with combined GDV of ₹6,000 crore.

Kolte-Patil Developers Concludes 35th AGM; Institutional Investors Register Notable Dissent on Asheesh Mohta's Reappointment

Kolte-Patil's 35th AGM concluded with shareholders approving key financial and governance resolutions, but the reappointment of director Asheesh Mohta drew significant dissent from institutional investors.

Kolte-Patil Developers Schedules 35th Annual General Meeting for July 27, 2026

Kolte-Patil Developers has scheduled its 35th Annual General Meeting (AGM) via video conferencing on July 27, 2026 at 3:00 PM IST. The AGM agenda covers adoption of FY26 audited financials, reappointment of directors, and a special resolution on future securities issuance.

Kolte-Patil Developers Launches 'ASCEND' Company-Wide Transformation Program

Alongside its Q1 FY27 update, Kolte-Patil's MD Rajesh Patil announced the launch of ASCEND, a company-wide initiative to modernize internal processes and strengthen operational resilience.

Kolte-Patil Developers Reports Q1 FY27 Operational Update: Collections Surge 30% to ₹715 Crore, Sales Steady at ₹617 Crore

Kolte-Patil posted a strong start to FY27, with customer collections for the quarter ended June 30, 2026 rising sharply year-on-year while realizations climbed and new area launches continued.

Kolte-Patil Developers Seeks Shareholder Approval to Extend ₹312.44 Crore Preferential Issue Utilisation Deadline by 12 Months to December 2027

Kolte-Patil Developers is seeking shareholder approval at its July 2026 AGM to extend the utilisation deadline for ₹312.44 crore in undeployed preferential issue funds by 12 months, from December 23, 2026 to December 23, 2027. The company cites a cautious capital deployment strategy as the reason for the extension request.

Kolte-Patil Developers Closes Trading Window Ahead of Q1 FY27 Financial Results for Quarter Ended June 30, 2026

Kolte-Patil Developers Ltd closed its trading window for designated persons effective July 1, 2026, pending the declaration of unaudited financial results for Q1 FY27 (quarter ended June 30, 2026). The move is pursuant to SEBI's Insider Trading Regulations and signals that Q1 FY27 results are forthcoming.

Kolte-Patil Developers Redeems ₹140 Crore NCDs Ahead of Maturity, Fully Extinguishes Liability to India Realty Excellence IV

Kolte-Patil Developers made an early redemption of secured, unlisted Non-Convertible Debentures (NCDs) worth ₹140 crore on June 29, 2026, repaying principal and interest to original subscriber India Realty Excellence IV ahead of the scheduled maturity. The company notified both NSE and BSE of the full extinguishment of this liability.

Kolte-Patil Developers Receives ₹103.82 Crore GST Show Cause Notice from Maharashtra Tax Authority

Kolte-Patil Developers received a formal Show Cause Notice dated June 19, 2026 from the Assistant Commissioner of State Tax, Mumbai, demanding ₹103.82 crore in GST, interest, and penalties. The notice, issued under Section 74(1) of the CGST/MGST Act, escalates an earlier intimation and adds ₹39.40 crore in incremental penalty.

Kolte-Patil Developers Receives Second GST Liability Intimation of ₹64.42 Crore from Maharashtra Tax Authority

Kolte-Patil Developers received a fresh GST liability intimation of ₹64.42 crore on June 3, 2026, from the Office of the Assistant Commissioner of State Tax, Mumbai, covering FY2020–FY2026 and relating to TDR purchases, construction services under redevelopment projects, and development rights. The company contests the demand and plans legal action.

Kolte-Patil Board Approves Reappointment of Independent Director Girish Vanvari for Second Five-Year Term

Kolte-Patil Developers' board resolved on May 22, 2026 to reappoint Girish Vanvari as an Independent Director for a second consecutive five-year term starting July 29, 2026, subject to shareholder approval at the AGM. The move reinforces continuity in the company's governance framework during its ongoing leadership transition.

Kolte-Patil Developers Opts Out of Post-Q4 FY26 Earnings Conference Call Citing Internal Restructuring and Leadership Transition

Kolte-Patil Developers informed stock exchanges that it will not host a post-results conference call following its Q4 and FY26 results announcement, citing an ongoing phase of internal restructuring and leadership transition as it integrates the Blackstone partnership.

Kolte-Patil Developers Restructures Senior Management Team Across Development, HR, and Regional Business Units

Effective May 22, 2026, Kolte-Patil Developers refreshed its senior management roster, appointing new heads across its development, human resources, and Pune and Mumbai business units as part of an ongoing integration and leadership transition phase.

Kolte-Patil Board Approves Amalgamation of Two Wholly-Owned Subsidiaries to Streamline Corporate Structure

Kolte-Patil Developers' board approved a scheme of amalgamation on May 22, 2026, to merge wholly-owned subsidiaries Kolte-Patil Lifespaces Private Limited and Kolte-Patil Smart Spaces Private Limited into the listed parent company, aiming to improve operational efficiencies and resource utilisation.

Kolte-Patil Developers Reports Q4 & FY26 Audited Results: Record Collections of ₹2,689 Cr, Net Loss of ₹15.8 Cr in Q4

Kolte-Patil Developers announced audited Q4 & FY26 results on May 22, 2026, posting record annual collections of ₹2,689 crore (up 11% YoY) and a record price realisation of ₹8,314 per sq. ft. for FY26, though the company reported a net loss of ₹15.8 crore in Q4 FY26 due to timing differences under the Completed Contract Method of accounting.

Kolte-Patil Developers' Preferential Issue Utilisation Report: ₹104.59 Crore Deployed from ₹417.03 Crore Blackstone Issue, CARE Ratings Confirms No Deviations

CARE Ratings, acting as monitoring agency, confirmed that Kolte-Patil Developers had cumulatively utilised ₹104.59 crore from its ₹417.03 crore Blackstone preferential issue as of Q4 FY26, with no deviations from the stated objectives. The remaining ₹312.44 crore is invested in debt mutual funds and bank deposits pending deployment by December 2026.

MahaRERA Orders Kolte-Patil to Pay Compensation to Homebuyers Over Delayed Possession in Life Republic Arezo (Sector R16) Project

MahaRERA directed Kolte-Patil Integrated Townships to pay statutory interest to two homebuyers in the Life Republic 'Arezo' (Sector R16) project for delayed possession of their flats.

Kolte-Patil Developers Reports Q4 FY26 Operational Update: Pre-Sales of ₹714 Crore and Record Collections of ₹834 Crore

Ahead of the board meeting to approve audited results, Kolte-Patil Developers disclosed its Q4 FY26 operational metrics, reporting pre-sales of ₹714 crore (up 13% YoY) and record quarterly collections of ₹834 crore (up 18% YoY). For the full year FY26, annual collections reached a record ₹2,689 crore, up 11% YoY.

Kolte-Patil Developers Receives ₹58.22 Crore GST Demand Order from Maharashtra Tax Authorities

Kolte-Patil Developers received a GST demand order of ₹58.22 crore from the Maharashtra Assistant Commissioner of State Tax on April 6, 2026, relating to a redevelopment project for the period FY2019-20. The company considers the order arbitrary and plans to contest it legally, stating no expected material impact on financials.

Kolte-Patil Launches 'Vivere' Low-Density Redevelopment Project in Bangur Nagar, Goregaon West, Mumbai

Kolte-Patil Developers formally launched 'Vivere', a premium low-density residential redevelopment in Bangur Nagar, Goregaon West, Mumbai, comprising two 36-storey towers with 2 & 3 BHK homes.

CRISIL Reaffirms AA-/Stable Credit Rating for Kolte-Patil Developers' Bank Facilities and Debentures

CRISIL reaffirmed its AA-/Stable credit rating for Kolte-Patil Developers' bank facilities and debentures in March 2026, signalling continued confidence in the company's creditworthiness amid its ongoing expansion and Blackstone partnership.

Kolte-Patil Developers Utilises ₹64.48 Crore from ₹417.03 Crore Preferential Issue in Q3 FY26; CARE Ratings Confirms No Deviations

Kolte-Patil Developers filed its Q3 FY26 monitoring agency report showing ₹64.48 crore deployed from the ₹417.03 crore Blackstone preferential issue, with ₹33.91 crore for land acquisition and ₹30.57 crore for government premiums. CARE Ratings confirmed no deviations from the stated objectives.

Kolte-Patil Developers Reports Q3 FY26 Results: Record Quarterly Collections of ₹709 Cr, Net Profit at ₹4.5 Cr

Kolte-Patil Developers announced its unaudited Q3 FY26 financial results on February 5, 2026, posting record quarterly collections of ₹709 crore (up 25% YoY) while consolidated net profit fell 82% YoY to ₹4.5 crore. Revenue for the quarter was ₹281.78 crore.

Kolte-Patil Signs ₹850 Crore Joint Development Agreement for Residential Project in Bhugaon, Pune

Kolte-Patil signed a joint development agreement in January 2026 for a ~5-acre residential project in Bhugaon (Sector 1B), Pune, with an estimated saleable area of ~1.1 million sq. ft. and a gross development value of approximately ₹850 crore.

Marubeni Corporation Joins Kolte-Patil's Pune Residential Project via NCD Subscription, Marking Its Fifth India Real Estate Deal

Japanese trading conglomerate Marubeni Corporation has invested in a Kolte-Patil Integrated Townships residential project in Pune by subscribing to non-convertible debentures issued by KPDL. This marks Marubeni's fifth real estate development project in India.