Kolte-Patil Reports Record Collections And Steady Sales In FY26

22 Apr 2026 CW Team

The Life Republic integrated township contributed zero point three seven million square feet (mn sq. ft.) of sales in quarter four and one point seven eight million square feet in FY26, remaining the principal volume driver. The company launched approximately one million square feet in the quarter and about four point six million square feet for the year. Average price realisation rose to Rs 9,601 per sq. ft. in quarter four and Rs 8,314 per sq. ft. for FY26, up 10 per cent quarter-on-quarter and seven per cent year-on-year respectively.

Record collections were reported at Rs 8,340 mn for the quarter and Rs 26.89 bn for the year, supported by steady sales momentum and disciplined construction execution that delivered a five-year compound annual growth rate of 19 per cent in collections. New area sales volume for the year was three point one three mn sq. ft., lower year-on-year while improved realisation helped value retention. During the year the company acquired projects in Bhugaon with an aggregate gross development value of Rs 22.5 bn and about three million square feet of development potential.

Funds affiliated with Blackstone acquired a 40 per cent stake during the year and the company made senior leadership additions intended to drive performance. Management described the strategic partnership as a foundation for improved efficiencies, sharper execution and capital discipline while retaining a focus on timely delivery. Kolte-Patil reiterated its position as a leading residential developer across Pune, Mumbai and Bengaluru with a diversified portfolio and an emphasis on governance and quality.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Pune, April 16, 2026: Kolte-Patil Developers Limited reported operational results for quarter four of FY26, with new area sales of Rs 7,140 mn and quarterly collections of Rs 8,340 mn. Annual new area sales stood at Rs 26.05 bn while annual collections were Rs 26.89 bn, representing year-on-year growth in collections. The company attributed the quarter's sales to a strong response to new launches and sustained portfolio sales driven by execution. The Life Republic integrated township contributed zero point three seven million square feet (mn sq. ft.) of sales in quarter four and one point seven eight million square feet in FY26, remaining the principal volume driver. The company launched approximately one million square feet in the quarter and about four point six million square feet for the year. Average price realisation rose to Rs 9,601 per sq. ft. in quarter four and Rs 8,314 per sq. ft. for FY26, up 10 per cent quarter-on-quarter and seven per cent year-on-year respectively. Record collections were reported at Rs 8,340 mn for the quarter and Rs 26.89 bn for the year, supported by steady sales momentum and disciplined construction execution that delivered a five-year compound annual growth rate of 19 per cent in collections. New area sales volume for the year was three point one three mn sq. ft., lower year-on-year while improved realisation helped value retention. During the year the company acquired projects in Bhugaon with an aggregate gross development value of Rs 22.5 bn and about three million square feet of development potential. Funds affiliated with Blackstone acquired a 40 per cent stake during the year and the company made senior leadership additions intended to drive performance. Management described the strategic partnership as a foundation for improved efficiencies, sharper execution and capital discipline while retaining a focus on timely delivery. Kolte-Patil reiterated its position as a leading residential developer across Pune, Mumbai and Bengaluru with a diversified portfolio and an emphasis on governance and quality.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..