New Cities India

Leadership Move

Kolte-Patil Appoints Yashodhan Tere as Head - Design

Kolte-Patil Developers Limited, a Pune-headquartered listed developer, has named Yashodhan Tere as Head - Design, according to a post on the company's LinkedIn page. The company says the role will strengthen its design capability and product differentiation.

Realty News — Kolte-Patil Appoints Yashodhan Tere as Head - Design
CompanyKolte-Patil Developers Limited (BSE: 532924; NSE: KOLTEPATIL)
HeadquartersPune
AppointmentYashodhan Tere, Head - Design
Announced throughCompany post on LinkedIn
Stated experienceOver 26 years in architectural design and real estate development
Previous role (per company post)More than 14 years at The Wadhwa Group as Chief Architect and Head - Design
Company scale (per company channel)68+ developments covering more than 30 million sq. ft. across residential, commercial and retail
Credit rating (per company channel)Crisil AA, described as constant across its projects

What was announced

Kolte-Patil Developers Limited (KPDL) has named Yashodhan Tere as Head - Design. The appointment was announced in a company post on LinkedIn. The post says: ‘We are delighted to welcome Mr. Yashodhan Tere as Head - Design at Kolte-Patil Developers Limited.’

The post does not name a project or a work location for the role. It describes the appointment as a leadership change, not a link to any specific development.

Background of the appointee

According to the company post, Tere has over 26 years of experience across architectural design and real estate development. The post says he brings expertise in design strategy, product development and large-scale residential projects.

The post states that he spent more than 14 years at The Wadhwa Group as Chief Architect and Head - Design. A public speaker profile says his earlier decade was with design architects and that he later worked on super tall residential projects and commercial projects. The same profile names THE address and W54 among Wadhwa projects he worked on.

A public profile lists a Master of Architecture in Urban Design (2000–2002) from CEPT Ahmedabad and a Bachelor of Architecture (1995–2000) from IES College of Architecture, Mumbai.

Stated purpose

The company says the hire adds design-led leadership and will help strengthen design capability and product differentiation. These are the company’s own statements. No separate comment from the company or from Tere on the role has been published in the material available for this report.

Context: recent leadership and business activity

The design appointment follows other senior changes at the company. Kolte-Patil’s board approved the appointment of Hrishikesh Parandekar as Chief Executive Officer at a meeting held on 19 August 2026, effective 24 August 2026, according to a company filing reported by market press.

On 10 September 2026, Business Today reported that Vyana at The Reserve in Vadgaon, Pune, had more than 600 apartments booked, with sales of over Rs 600 crore in 60 hours. The Reserve spans 20 acres, with a total potential saleable area of about 5 million sq ft and an expected gross development value of Rs 4,000 crore. Business Standard reported the same day on strong demand for the Pune residential project.

Business Standard also reported the addition of six projects in the Mumbai Metropolitan Region with an aggregate gross development value of Rs 6,000 crore.

On 8 July 2026, ProjectX reported that a Kolte Patil entity had submitted a proposal for a residential project at Kharadi, Taluka Haveli, District Pune. The plot area is 12,540 sq m, with a total built-up area of 105,500 sq m and an estimated value of Rs 350 crore. The proposal has been submitted for environmental clearance.

What it means for buyers and investors

The appointment changes the company’s leadership structure, not any existing project or price. Buyers considering a Kolte-Patil home should check the approvals, possession timeline and specifications for the specific project, as they would for any developer. Investors tracking the company should note that design leadership is one of several senior changes in 2026, alongside the new CEO.

What comes next

The announcement does not set out next steps for the design function, such as new product launches, design policies or organisational changes. Any such moves would need to come from company filings or project announcements.

Frequently asked questions

Who is Yashodhan Tere?

According to Kolte-Patil’s LinkedIn post, Yashodhan Tere is an architect and real estate professional with over 26 years of experience. He spent more than 14 years at The Wadhwa Group as Chief Architect and Head - Design before joining Kolte-Patil.

What is his new role at Kolte-Patil?

He has been named Head - Design at Kolte-Patil Developers Limited. The company says the role will strengthen its design capability and product differentiation.

Where is Kolte-Patil Developers based?

Kolte-Patil Developers Limited is headquartered in Pune. The company is listed on the BSE (532924) and NSE (KOLTEPATIL) and also operates in Mumbai and Bengaluru.

Does the appointment affect any specific project?

The announcement does not link the appointment to any named project or location.

Who is the company’s new CEO?

Hrishikesh Parandekar was appointed Chief Executive Officer, effective 24 August 2026, following board approval on 19 August 2026.

Sources

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