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Kolte Patil Developers rises on completing Phase I of its ‘Three Jewels’ project

01 Jun 2017 Evaluate

Kolte Patil Developers is currently trading at Rs. 180.70, up by 1.90 points or 1.06% from its previous closing of Rs. 178.80 on the BSE.

The scrip opened at Rs. 179.95 and has touched a high and low of Rs. 181.80 and Rs. 179.50 respectively. So far 10928 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 204.00 on 26-Apr-2017 and a 52 week low of Rs. 78.75 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 185.00 and Rs. 157.30 respectively. The current market cap of the company is Rs. 1365.46 crore.

The promoters holding in the company stood at 74.54%, while Institutions and Non-Institutions held 10.41% and 15.05% respectively.

Kolte-Patil Developers has completed Phase I of its ‘Three Jewels’ project. Phase I has a saleable area of 0.73 million square feet and comprises 812 apartments with a mix of l, 2 and 2.5 BHK’s and 40 shops. Phase I has been awarded Occupation Certificate (OC) and is now ready for possession.

When completed, more than 1600 families are going to stay in this project, which is spread on a 15 acre land parcel located within Pune city limits, in the prime Katraj-Kondhwa area of South Pune. This is a unique Gated community project having all modern lifestyle amenities to offer.

The project has excellent connectivity from the Mumbai - Bangalore Highway (NH4) and the Pune - Solapur Highway (NH9) while being in close proximity to key business areas and several prestigious educational institutions, malls and entertainment hubs. Further adding to the attractiveness of the location is its vicinity to several religious establishments like New ISKCON temple and Balaji temple.

Kolte-Patil Developers is a leading real estate company. The company has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of approximately 15 million square feet across Pune and Bengaluru.

Kolte-Patil Develop. Share Price

366.90 20.75 (5.99%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
View more..

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