The strength of any company is determined as much by its internal strength; as its strong associations with all its partners. We at KPDL believe in associating with the best, forging long-lasting relationships that increase mutual value - to the customers, to the partners and to KPDL.

Vertical and horizontal integration - partnering with our vendors, suppliers, fellow developers and customers - is the key to a long-lasting success.

Together, we create brilliant landmarks that stand tall, embodying our spirit of comradeship and trust. Our fundamental values of integrity, transparency and honesty inspire faith, creating relationships that last forever.

We have entered into a joint venture agreement with ICICI Venture Funds Management Company Limited, one of the largest Real Estate Funds in India. Wherein, we propose to develop approx. 400-acre Township at Hinjewadi, Pune, Maharashtra. The development of the project is made through a SPV Kolte-Patil I-Ven Townships (Pune) Private Limited, in which KPDL and ICICI Venture hold equally.

In another joint venture with ICICI Venture Funds Management Company Private Limited for development of 1.1 million sq. ft. of commercial space at Kharadi, Pune, Maharashtra through I-Ven Kolte-Patil Projects (Pune) Private Limited, an SPV in which KPDL holds 51% equity and ICICI Ventures holds the rest 49%.

We have entered into a joint venture with ICICI Venture Funds Management Company Ltd, and an individual investor, for development of Bungalows scheme in 80 Acres area at Wagholi, Pune, Maharashtra. The SPV formed for this project is Corolla Realty Private Limited. In the said SPV KPDL holds 37%, ICICI Venture holds 37% and individual investor holds the remaining 26% equity, respectively.

We have entered into a joint venture agreement with Yatra Capital, UK through its group company K2A Residential Limited. This is a UK based Real Estate Fund, for development of residential properties at Pune. This project will be executed through a Special Purpose Vehicle (SPV) i.e. Kolte-Patil Real Estate Private Limited.

We have signed a Term Sheet with Arora Holdings of UK for setting up of two hotels - one in Pune and other in Bengaluru. The Joint Venture hotel company will also set up a hotel management company for providing operational management.

The company plans to expand its operations in the Middle East and Europe as well.

Kolte-Patil Developers Ltd and Portman Holdings LLC, USA, sign JV for residential project in Pune.

Kolte-Patil Developers Limited entered into a Joint Venture Agreement with a subsidiary of Portman Holdings, LLC, a USA-based leading global real estate development firm. The project will consist of mid-segment residential development in the eastern suburb of Pune.

Kolte-Patil Developers Ltd and Portman Holdings will each hold 50% share, respectively, in the Joint Venture Company named Bellflower Properties Private Limited.

Portman Holdings is a vertically integrated, full-service real estate development company with an international presence and a rich history of developing premier projects that spans five decades and three continents. Portman has successfully completed developments of both single-use and mixed-use projects, creating both domestic and international urban landmarks. These include hotels, office buildings, retail spaces, residences, and trade marts.

Portman Holdings currently has offices in Atlanta, Mumbai, Seoul and Shanghai.