Pune, April 18th 2025: Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL; KPDL), a leading Pune based real estate player with a growing presence in Mumbai and Bengaluru, has announced key updates on its real estate operations during the quarter and full year ended 31st March 2025.
Achieved annual sales of Rs. 2,791 crore in FY25
- Launched projects with a total GDV of Rs. 4,000 crore
- ~42% of the total pre-sales value for FY25 came from new launches
- Sustaining the sales momentum, KPDL’s flagship project Life Republic (LR) registered
sales volumes of 1.9 million sq. ft. in FY25
· Recorded milestone collections of Rs. 2,432 crore during FY25, marking a growth of 18% YoY
· During FY25, average realizations at Rs. 7,758 per square foot improved 8% YoY owing to higher realizations across projects demonstrating strong brand recognition for quality and delivery.
Commenting on the performance, Mr. Atul Bohra, Group CEO, Kolte-Patil Developers Limited said, “During FY25, we recorded milestone collections of Rs. 2,432 crore, reinforced by operating efficiency, strong registrations, sales, construction and customer engagement. Sales at Rs. 2,791 crore remained muted, impacted by delay in the planned project launches. New launches contributed ~42% to overall sales, reaffirming the optimistic demand scenario for our projects. Our flagship Life Republic township continued to perform well reflecting sustained homebuyer confidence in our offerings and execution. On the business development front, we added a project in Wadgaon (Pune) with the GDV of Rs. 4,000 crore during the year, further enhancing our future growth pipeline.
Looking ahead, we are excited about the next chapter of accelerated growth and value unlocking for all stakeholders. With strong operational delivery, a healthy balance sheet, and deep understanding of our core markets, we are well-positioned to tap into emerging opportunities and continue delivering consistent, high-quality performance across key metrics in the years ahead.”