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    Kolte-Patil Develope History

    BSE:532924  |  NSE:KOLTEPATILEQ  |  IND:Real Estate  |  ISIN code:INE094I01018  |  SECT:Real Estate

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    The Company History page lists out the major events in chronological order for Kolte-Patil Developers Ltd.

    Company History - Kolte-Patil Developers Ltd.
    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 Patil’s Home Buying Fest - ‘Nest Fest 2015’ 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.





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