Kolte-Patil Developers Marks its Strongest-ever Launch Performance with Sales of over Rs. 600 crore in 60 hours at ‘Vyana at The Reserve’, Pune

Kolte Patil
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Pune, 10th September 2026: Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL; KPDL), one of India’s leading real estate developers with a strong foothold across Mumbai, Pune and Bengaluru, today announced a landmark launch performance for its project ‘Vyana at The Reserve’ in Vadgaon (Pune), with over 600 apartments booked, translating to sales of over Rs. 600 crore in 60 hours. This is the strongest launch performance ever in the Company’s history. The velocity of sales reflects overwhelming customer confidence, reinforcing KPDL’s leadership position in the Pune market.

Spread over 20 acres along the established Sinhgad Road corridor, the entire project ‘The Reserve’ is a premium riverside residential development offering scenic views of the NDA Hills, expansive open spaces, thoughtfully designed residences and curated lifestyle amenities. The project, with a total potential saleable area of about 5 million square feet and an expected Gross Development Value (GDV) of Rs. 4,000 crore, will be launched in multiple phases, providing significant revenue growth runway.

Located just 400 metres from the main Sinhgad Road, the development offers convenient connectivity while retaining a more open residential setting. The project is positioned within an established residential ecosystem with access to schools, healthcare, retail and lifestyle destinations. Additionally, planned infrastructure improvements, including Ring Road connectivity and the upcoming Metro expansion in the Sinhgad Road corridor, are expected to further enhance accessibility and reduce travel time across Pune. The micro-market is also poised to benefit from ongoing road-widening initiatives, improved public transport connectivity and enhanced linkages to key employment hubs, further strengthening its long-term residential appeal.

The launched inventory in phase 1 of the project offers premium 2- and 3-bed residences alongside a curated range of over 40 lifestyle amenities spanning outdoor recreation, wellness and leisure spaces and sports facilities. These include a swimming pool, jacuzzi, paddle ball court, badminton court, cricket practice net, a dedicated space for a crèche, a pet park, and many more thoughtfully designed amenities catering to diverse lifestyle needs. Designed with cross-ventilation, abundant natural light, well-spaced towers and enhanced privacy, the residences offer homebuyers a combination of space, comfort and lifestyle.

The strong response to ‘Vyana at The Reserve’ comes amid sustained momentum in Pune’s residential market, where premium housing continues to gain traction. The response also highlights the strong customer resonance and the brand loyalty that Kolte-Patil enjoys amidst the growing preference among homebuyers for larger, well-planned developments that bring together residential space, lifestyle amenities and connectivity.

The landmark launch further strengthens the Company’s momentum following its largest-ever annual business development addition in the Mumbai Metropolitan Region (MMR), with six projects aggregating approximately Rs. 6,000 crore in GDV.

With 68 projects developed, more than 33 million square feet delivered and a project portfolio of approximately 38 million square feet, ‘The Reserve’ adds to Kolte-Patil Developers’ established track record across Pune, Mumbai and Bengaluru. The Company has built its presence in Pune over 35 years, with the city continuing to remain an important market for its residential growth.

Commenting on the development, Mr Hrishikesh Parandekar, Chief Executive Officer, Kolte-Patil Developers Limited, said, “ ‘Vyana at The Reserve’ is a defining milestone for Kolte-Patil Developers and a powerful validation of our brand strength, product strategy and deep understanding of evolving homebuyer aspirations. Delivering our strongest-ever launch performance with this level of absorption reflects not only the scale of demand in Pune, but also our ability to enter emerging sub-markets with conviction, apply our execution expertise, and deliver distinctive performance at scale.

This response reinforces our conviction in building a larger, more ambitious platform across our core markets. With a robust pipeline, disciplined growth strategy and a demonstrated ability to create depth in new micro markets, we are well positioned to accelerate our expansion, strengthen our leadership position and create enduring value for our customers and stakeholders.”