RERA Developers - Page 7

EXECUTIVE SUMMARY

Parsvnath Developers Limited is a Delhi-headquartered, BSE and NSE-listed real estate company incorporated in 1990. Founded by promoter Pradeep Kumar Jain, the company operates across residential, commercial, retail, and infrastructure segments with a presence spanning 37 cities. Its historical positioning was as a pan-India, mid-to-premium developer with a strong NCR base. However, the company has been in sustained financial distress for several years, marked by negative net

EXECUTIVE SUMMARY

Lodha Group, formally known as Macrotech Developers Limited and renamed Lodha Developers Limited in June 2025, is India's largest real estate developer by pre-sales and development pipeline. Founded in 1980 by Mangal Prabhat Lodha and headquartered at One Lodha Place, Worli, Mumbai, the company is listed on NSE and BSE (ticker: LODHA). Its core geographies are the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, with NCR entry formalized in December 2025 through a joint

EXECUTIVE SUMMARY

MRG Group (operating through its real estate arm MRG World, legally structured under MRG Group India Private Limited and related entities) is a Gurugram-headquartered real estate developer that entered the residential real estate market around 2018-2019. The group is part of a wider conglomerate with roots in agro-trading, financial services, and education, with the MRG School chain in Delhi being a notable legacy business. In real estate, the group has focused almost entirely

EXECUTIVE SUMMARY

ROF Infratech and Housing Private Limited, operating under the brand name ROF Group, is a privately held real estate developer headquartered in Gurgaon, Haryana. The group traces its origins to 1983, when its Managing Director, Mr. M.S. Mittal, began a sanitaryware retail business in Delhi. The pivot to real estate came in 2003, and the company has since built a focused presence in the Gurugram affordable and mid-segment housing market. ROF operates primarily under the Haryana

EXECUTIVE SUMMARY

Omaxe Limited is one of India's older listed real estate developers, incorporated in 1989 and headquartered at Omaxe Celebration Mall, Sohna Road, Gurgaon, Haryana. The company was founded by first-generation civil engineer and entrepreneur Rohtas Goel and was listed on both BSE (532880) and NSE (OMAXE) in 2007. Omaxe operates across residential townships, plotted developments, and commercial real estate in over 29 cities across 8 states, with a meaningful presence in NCR (Noi

EXECUTIVE SUMMARY

Pareena Infrastructures Private Limited (PIPL) is a mid-sized, privately held residential real estate developer based in Gurgaon, with registered office at Flat No. 2, Palm Apartment, Sector 6, Dwarka, New Delhi. Incorporated in 2009 (with group operations traced to 2007), it is promoted by Mr. Surender Kumar Verma and Mr. Virender Verma, both of whom bring approximately three decades of experience in construction and real estate. The company operates primarily in NCR, with ad

EXECUTIVE SUMMARY

Trident Realty is a Delhi NCR-based private real estate developer incorporated in 2008 under the leadership of Group Chairman S.K. Narvar. Headquartered in Delhi, the group operates across residential, retail, commercial, and hospitality segments with a presence in NCR, Mumbai Metropolitan Region (MMR), and the Tri-City (Chandigarh-Mohali-Panchkula) corridor. The group has pivoted sharply toward premium residential development since 2022-23, divesting non-core commercial asset

EXECUTIVE SUMMARY

Vatika Group is a Gurugram-based diversified real estate conglomerate founded in 1986 by Anil Bhalla. Incorporated as Vatika Limited (formerly Vatika Private Limited and Vatika Landbase Limited), the group has grown into one of NCR's most recognisable mid-to-premium segment developers. Its portfolio spans residential townships, commercial offices, retail, hospitality through Vatika Business Centres, education through MatriKiran schools, and facility management through its Envi

EXECUTIVE SUMMARY

Raheja Developers Limited (RDL) is a Delhi-headquartered, unlisted real estate developer incorporated in November 1990 by Navin M. Raheja, who continues to serve as Chairman and Managing Director. The company built its reputation as a premium residential and commercial developer primarily in the Gurugram and Delhi NCR markets, developing high-end residential towers, plotted townships, and commercial complexes over three decades. However, as of the time of writing, RDL is in a