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Kolte-Patil Developers Ltd. Company History and Annual Growth Details

Kolte-Patil Developers Limited was incorporated on November 25, 1991 as a
private limited company by Rajesh Patil and Milind Kolte. The Company was
subsequently converted into a public limited company under the name
Kolte-Patil Developers Limited on April 1, 1995. The Company was originally
incorporated as Kolte-Patil Developers Limited on May 9, 1995 and the
name was changed to Regenesis Developers Limited on December 4, 2006 and
subsequently the name was changed to Kolte-Patil Developers Limited on December
12, 2006. After completing number of residential properties, KPDL ventured in to
development of commercial properties in 1995 by creating one of the largest
commercial complexes in Pune, namely, Patil Plaza (80,000 sq. ft.). Later KPDL
developed City Mall (76,485 sq. ft.), City Point and City Tower (187,562 sq. ft.) as
purely commercial properties housing offices of many Indian and Multinational
companies.

Major events in the history of our Company since inception

Year Key events

1991 Incorporation of our Company under the name and style of Kolte-Patil Developers
Pvt. Limited.

1994 Completed 1st commercial project: Patil Plaza, Pune.

1995 Change of the name of the Company to Kolte-Patil Developers Ltd. and conversion
to a public limited Company.

1998 Completed 0.5 million sq. ft. of construction.

2000 Entered Bangalore Real Estate Market.

2001 Completed 1.00 million sq. ft. of construction.

2004 Completed 2.00 million sq. ft. of construction.

2006 Completed 4.01 million sq. ft. construction.

2006 Recipient of Govt. of Maharashtra's Award for Best IT Park Infrastructure Award for
Gigaspace IT Park.

2006 Joint Venture Agreement dated 23.2.2006, entered with ICICI Venture Funds
Management Company Limited for development of integrated township at Marunje and
Jambe (Pune) (Approximate area 500 acres).

2006 Joint Venture agreement dated 06.10.2006, entered with ICICI Venture Funds
Management Company Limited for IT Park (Approximate area 1.2 Million sq. ft.) at
Kharadi at (survey No.40).

2006 Joint Venture Agreement dated 13.10.2006, entered with ICICI Venture Funds
Management Company Limited and Mr. Iswarchand Goyal for development of residential
complex at Wagholi (Pune) (Approximate area 80 acres).

2006 Joint Development Agreement dated April 23, 2006 entered with Arista Developers Pvt.
Ltd. (named as Green Olive Ventures).

2007 Joint Venture Agreement dated April 23, 2007, entered with K2 Property Limited for
development of properties at Mohammedwadi, Bavdhan and Kharadi at Pune (Aggregating
Approximate area 53.36 acres).

2008

-Kolte Patil has recommended dividend of Rs 1.75 per share.

2009

-Kolte-Patil Developers Ltd and Portman Holdings LLC, USA, sign JV for Rs. 275 Cr.

2010

-Mr. Siddharth Vaidya has been appointed as an Assistant Company Secretary and Compliance Officer of the Company

-Kolte-Patil recommended dividend amount to Rs. 1/- per Equity Share

2011

-Kolte - Patil Developers Ltd unveils 'LIFE REPUBLIC' Township at Hinjewadi, Pune

-The Company has recommended the Final Dividend amounting to Rs. 1.60/- per Equity Share on face value of Rs. 10/- each

2012

-Mrs. Vandana Patil has been appointed as Additional Director of the Company

-Mrs. Manasa Vishwanath has been appointed as Additional Director of the Company

-Mr. Abhijit Barje has been appointed as an Assistant Company Secretary and Compliance Officer of the Company

2013
- Kolte-Patil Launches four projects in Pune to develop a total of 1.8 million Sq. Ft
- Kolte Patil Developers Ltd own Prestigious Realty Plus Excellence Awards 2013

2014
- Kolte-Patil Developers team up with Talwalkars Club
- Kolte-Patil Developers inks two new redevelopment projects in Mumbai

2015
-Kolte-Patil Developers adds three more redevelopment projects in Mumbai.
-Kolte PatilÂs Home Buying Fest - ÂNest Fest 2015Â receives Massive Response
-Kolte-Patil Developers enters into Rs. 120 crore agreement with Metropolitan Lifespace, a J.P. Morgan Asset Management managed entity for its Mumbai redevelopment project
-Ivy Estate Phase Ii Launch Event

2016
-Kolte Patil Developers Limited, a leading Pune based real estate developer, has been ranked as the number 1 Most Reputed Real Estate Brand in Pune in a report by BlueBytes in association with TRA Research.

2017

-KKR has committed Rs. 193 crore in Kolte-Patil I-Ven Townships (Pune) Limited (KPIT), a joint venture of Kolte-Patil and ICICI Venture Funds Management Company Limited.

2018

-Kolte-Patil Developers newly launched project 'ORO Avenue

2020

-Integrated Township of the Year by Realty+ conclave & Excellence Awards- West 2020

-Integrated Township of the Year by CNN NEWS18 2020

2021

- "Kolte-Patil signs three new projects with a combined saleable area of approx 2.2 msf in Pune under capital light models ".

-Company have been honoured with Luxury Project of the Year 2021 - Centria

2022

-Company have been honoured with Construction World - Stalwarts of the West, Pune - September 2022

2023

-Kolte-Patil acquires two society redevelopment projects in Mumbai Metropolitan Region.

-Scheme of Amalgamation for amalgamation of PNP Agrotech Private Limited and Tuscan Real Estate Pvt.Ltd with the Company.

-Asia Pacific Property Awards Winner Residential Property India - 24K stargaze - 2022-2023

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