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Kolte-Patil Developers strikes big Pune deal, signs ₹850 crore Bhugaon project

Kolte-Patil Developers Limited signed a joint development deal for a 1.1 million sq. ft. residential project in Bhugaon, Pune, with an estimated GDV of ₹850 crore.
Kolte Patil real estate construction site with cranes

Introduction

Leading Pune-based real estate developer signs a joint development deal for a 1.1 million sq. ft. residential project in Bhugaon, Pune, with estimated GDV of ₹850 crore.

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Share price movement of Kolte-Patil Developers

On January 14, 2026, Kolte-Patil Developers Ltd opened at ₹371.40, up 0.01% from its previous close of ₹371.35. The stock touched a high of ₹377.65 (1.70%) and a low of ₹368.60. By 2:26 PM, it traded at ₹368.60, down 0.74%, with a market capitalisation of ₹3,268.75 crore.

Kolte-Patil Signs Bhugaon Project

Kolte-Patil Developers Limited signed a joint development agreement for a ~5-acre residential project in Bhugaon, Pune. The project covers 1.1 million sq. ft. with an estimated GDV of ₹850 crore.

Bhugaon is an emerging residential area in Pune, offering natural surroundings and urban connectivity. The land is near Bavdhan, Kothrud, Mumbai-Pune Expressway, and Shivaji Nagar railway station.

The project benefits from proximity to employment hubs and social infrastructure. Schools, hospitals, shopping malls, and entertainment centers surround the area, enhancing the residential appeal and investment potential.

Stock performance of Kolte-Patil Developers for Period of 1 week, 6 months, and 1 year

Kolte-Patil Developers Ltd declined 4.88% over the past week, fell 17.2% over six months, and gained 26.1% over the past one year.

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Shareholding pattern of Kolte-Patil Developers

ParticularsSep 2025Jun 2025Mar 2025
Promoter73.80%69.50%69.50%
FII8.80%8.10%4.20%
DII3.70%4.50%5.60%
Public14%18%21%

About Kolte-Patil Developers

Kolte-Patil Developers Ltd (NSE: KOLTEPATIL), incorporated in 1991, develops residential, commercial, and integrated projects across Pune, Mumbai, Bengaluru, with over 68 completed projects and IGBC certifications.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Kolte-Patil Developers Ltd share price in news today?

A: Kolte-Patil Developers Ltd signs joint development deal for 1.1 million sq. ft. residential project in Bhugaon, Pune, with estimated GDV of ₹850 crore.

Q: What is Kolte-Patil Developers Ltd’s main business focus?

A: Kolte-Patil Developers Ltd focuses on residential, commercial, and integrated real estate projects across Pune, Mumbai, and Bengaluru, serving mid-premium and luxury segments.

Q: What is the 52-week high and low of Kolte-Patil Developers Ltd stock?

A: Kolte-Patil Developers Ltd stock 52-week high is ₹497.80 and 52-week low is ₹235.10.

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