Kolte Patil Developers

Kolte‑Patil Developers Ltd. is a professionally managed, publicly listed Indian real‑estate developer (founded 1991) known for large integrated townships and premium residential projects across Pune, Mumbai and Bengaluru.

Founded in 1991, Kolte‑Patil has over three decades of experience and has delivered 68+ projects with a saleable area exceeding 300 lakh sq ft. The company began with Pune‑centric residential launches and progressively scaled to integrated townships, luxury 24K branded projects and expansion into Mumbai and Bengaluru.

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Developer Projects

KPDL delivers a mix of residential (mid‑premium to luxury), villa/row‑house and commercial/office developments — from large integrated townships like Life Republic (400+ acres, Hinjawadi) to premium 24K branded homes and gated communities in Pune, Mumbai and Bengaluru. Projects emphasize open/green space, lifestyle amenities and sustainability (IGBC/LEED certifications on several projects).

Life RepublicResidential Community | Apartment

HinjawadiPune

Three JewelsResidential Community | Apartment

Katraj-KondhwaPune

24K OpulaResidential Community | Apartment

PimplePune

Ivy EstateResidential Community | Apartment

WagholiPune

24K SerenoResidential Community | Apartment

BanerPune

Three Jewels MoonstoneResidential Community | Apartment

Katraj-KondwaPune

Green OliveResidential Community | Apartment

HinjewadiPune

Tuscan ParklandResidential Community | Apartment

KharadiPune

UniverseResidential Community | Apartment

NearPune

DuetResidential Community | Apartment

NearPune

FAQ

Who are the owners ?

Promoters / Major shareholders:
- Kolte‑Patil promoter group (led by Rajesh Patil) — founding/promoter family.
- Blackstone (large institutional investor; acquired a significant stake in 2025 — reported ~40% strategic holding).
Board / Senior management (selected):
- Mr. Girish Vanvari — Chairman of the Board (Non‑Executive, Independent)
- Mr. Rajesh Patil — Managing Director (Promoter)
- Mr. Tuhin Parikh — Director (Non‑Executive, Non‑Independent)
- Mr. Asheesh Mohta — Director (Non‑Executive, Non‑Independent)
- Mr. Mohit Arora — Director (Non‑Executive, Non‑Independent)
- Mrs. Sudha Navandar — Independent & Woman Director
Leadership team (selected):
- Mr. Atul Bohra — Group CEO
- Mr. Ravi Porwal — Chief Financial Officer
- Mr. Yogesh Lahori — Sr. VP Operations
- Mr. Abhay Patil — Sr. VP Projects
- Mr. Vinod Patil — Company Secretary

When was the company founded ?

Kolte‑Patil Developers Ltd. was founded in 1991. As of 2025 the company has about 34 years of operating experience in real estate development.

Is this a public company ?

Yes. Kolte‑Patil Developers Ltd. is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Key financial highlights:

Q4 FY25 net profit: ₹66.29 crore; total income Q4 FY25: ₹723.2 crore.
Strong collections (record levels in FY25) and net cash position (net debt -₹117 crore as of 31 Dec 2024).
Credit rating: CARE AA‑; Stable for NCDs; strategic institutional backing from Blackstone enhances liquidity and growth capital.

Which are the builder's popular projects ?

Life Republic (Hinjawadi, Pune) — flagship 400+ acre integrated township with ~70% open space, parks, retail streets, healthcare facilities and phased residential launches.
Canvas (Near Hinjawadi, Pune) — premium apartment project within the Life Republic township featuring extensive sports and lifestyle amenities (target possession June 2028).
24K Opula (Pimple Nilakh, Pune) — premium 3–4 BHK residences with luxury amenities and IGBC Green Homes certification (possession Tower D Dec 2021).
24K Espada (Near Hinjawadi, Pune) — premium 4–5 bed row houses with lifestyle amenities (possession Oct 2026).
Three Jewels / Three Jewels Moonstone (Katraj‑Kondhwa, Pune) — completed/ongoing residential gated communities with 1–3 BHK offerings and strong local appeal.
Mirabilis (Horamavu Road, Bengaluru) — multi‑configuration (1–4 BHK) project with full clubhouse, landscaping and completed OC for phases.

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