Kolte-Patil Developers Reports Robust Q2FY26 Performance and Acquires Prime Pune Land
Pune-based real estate leader, Kolte-Patil Developers Ltd, has announced a strong operational performance for Q2FY26, achieving a 9% QoQ growth in sales value and acquiring prime land in Bhugaon, Pune.
Koltepatil DevelopersReal EstatePuneQ2fy26Land AcquisitionReal Estate PuneOct 14, 2025
The company recorded a sales value of ₹670 crore in Q2FY26, marking a 9% quarter-on-quarter (QoQ) growth, driven primarily by sustained demand from its existing inventory.
Sales volume rose by 2% sequentially to 0.86 million square feet, with the flagship township project, Life Republic, contributing significantly with 0.51 million sq. ft. sold during the quarter.
Collections also showed steady growth, reaching ₹596 crore, up 8% QoQ, supported by ongoing construction progress across multiple projects.
Realisation per square foot improved to ₹7,823, reflecting a 7% QoQ and 5% year-on-year (YoY) increase, indicating Kolte-Patil’s pricing advantage and sustained demand for its premium offerings.
In a strategic move to expand its development pipeline, Kolte-Patil acquired approximately 7.5 acres of prime land in Bhugaon, Pune, in October 2025. The new parcel is projected to offer a saleable area of around 1.9 million sq. ft., with an estimated Gross Development Value (GDV) of ₹1,400 crore.
Commenting on the performance, Rajesh Patil, Managing Director, Kolte-Patil Developers Ltd said, “I am pleased to share that we have reported healthy sequential quarter growth of 9% in pre-sales value and 8% in collections.
We remain optimistic about the demand scenario in the backdrop of economic growth, a benign interest rate environment, and declining inflation. In line with our growth objective, we continue to strengthen our portfolio. Recently, we acquired a ~7.5-acre land parcel in Bhugaon, Pune, with an estimated GDV of ₹1,400 crore.
In an important development during the quarter, funds affiliated with Blackstone increased their holding to 40% in the Company.
This partnership marks an inflection point in the Company’s growth journey as we move ahead with a shared vision to fast-track expansion, foster innovation, and strengthen leadership in the sector.
Built on trust, innovation, and customer centricity, the Company is well-positioned to deliver sustained growth and create long-term value for all stakeholders.”
Frequently Asked Questions
What was Kolte-Patil Developers' sales value in Q2FY26?
Kolte-Patil Developers recorded a sales value of ₹670 crore in Q2FY26, marking a 9% quarter-on-quarter (QoQ) growth.
How much land did Kolte-Patil Developers acquire in Bhugaon, Pune?
Kolte-Patil Developers acquired approximately 7.5 acres of prime land in Bhugaon, Pune, in October 2025.
What is the estimated Gross Development Value (GDV) of the new land parcel in Bhugaon?
The new land parcel in Bhugaon is projected to offer a saleable area of around 1.9 million sq. ft., with an estimated GDV of ₹1,400 crore.
What is the significance of the partnership with Blackstone for Kolte-Patil Developers?
The partnership with Blackstone marks an inflection point in the Company’s growth journey, aiming to fast-track expansion, foster innovation, and strengthen leadership in the sector.
What is Kolte-Patil Developers' flagship township project, and how much did it contribute to sales in Q2FY26?
The flagship township project, Life Republic, contributed significantly with 0.51 million sq. ft. sold during the quarter.
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