First Choice Real Estate Private Limited
About First Choice Real Estate Private Limited
Data last updated:
First Choice Real Estate Private Limited is a private limited company based in Calangute, Goa, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U45201GA2007PTC005289.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sahil Arlekar and Pravin Prabhakar Arlekar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H. No. 407/A Naikawaddo Calangute Bardez Goa, Goa, India – 403516.
As per the financials filed for FY 2024, the company reported a revenue of ₹50,000. For the same year it recorded a net loss of ₹47,325 (net margin -94.6%) and EBITDA of -₹1,108 (EBITDA margin -2.2%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 28% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
First Choice Real Estate Private Limited's registered office is in Calangute, Goa. Its e-mail address is in the company report.
- Email
- Registered AddressH. No. 407/A Naikawaddo Calangute Bardez Goa, Goa, India – 403516
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of First Choice Real Estate Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of First Choice Real Estate Private Limited
FY 2025 filings availableFirst Choice Real Estate Private Limited reported revenue of ₹50,000 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years. EBITDA rose 98% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1,108 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47,325 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.2% | ||||
| Net Profit Margin | -94.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of First Choice Real Estate Private Limited, buy the company report.
Board of directors of First Choice Real Estate Private Limited
First Choice Real Estate has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Arlekar Also directs: Orlaamar Constructions Private Limited | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Pravin Prabhakar Arlekar Also directs: Sullo Hotels Private Limited | Director | 07 May 2007 | 19 Years 5 Months | Current |
| Pallavi Pravin Arlekar | Director | 07 May 2007 | 19 Years 5 Months | Current |
Peer comparison
First Choice Real Estate Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| First Choice Real Estate Private Limitedthis company | ₹50,000 (FY 2024) | -₹47,325 | -94.6% | Calangute, Goa, India | ||
| Murlidhar Todkar Private Limited | ₹50,000 (FY 2021) | -99.0% | Pune, Maharashtra, India | |||
| Swaish Infra Private Limited | ₹50,000 (FY 2025) | -61.0% | Bangalore, Karnataka, India | |||
| Delhi Punjab Real Estates Private Limited | ₹50,000 (FY 2023) | Chandigarh, India | ||||
| Ambience City Developers Private Limited | ₹50,000 (FY 2025) | -67.0% | New Delhi, Delhi, India | |||
| PRP Realty Private Limited | ₹50,000 (FY 2025) | Gurgaon, Haryana, India | ||||
| Prathamesh Realtors Private Limited | ₹50,000 (FY 2024) | Pune, Maharashtra, India | ||||
| Anant Buildcon Private Limited | ₹50,000 (FY 2025) | Uttar Pradesh, India | ||||
| Raj Arcades Private Limited | ₹50,000 (FY 2018) | Mumbai, Maharashtra, India | ||||
| South Keral Realtors Private Limited | ₹50,000 (FY 2025) | -17.0% | Alappuzha, Kerala, India | |||
| Mansarover Realtors Limited | ₹50,000 (FY 2025) | 25.0% | New Delhi, Delhi, India |
To see the full peer comparison of First Choice Real Estate Private Limited, buy the company report.
Auditor
First Choice Real Estate Private Limited is audited by P V BHANDARE & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P V BHANDARE & CO | FY 2019 | 101155W |
Shareholding
The shareholding of First Choice Real Estate Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of First Choice Real Estate Private Limited, buy the company report.
Legal cases
First Choice Real Estate Private Limited has 1 court case on record: 1 filed by First Choice Real Estate. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Court case (SCS) | Filed by the company against an individual | Disposed |
To see the full case history of First Choice Real Estate Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for First Choice Real Estate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for First Choice Real Estate Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
First Choice Real Estate Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Sahil Arlekar was appointed as Director on 04 Jul 2022.
Frequently asked questions
First Choice Real Estate is an active private limited company based in Calangute, Goa, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 May 2007 (19+ years old) and is registered under CIN U45201GA2007PTC005289.
First Choice Real Estate has 3 current directors:
- Sahil Arlekar - Director
- Pravin Prabhakar Arlekar - Director
- Pallavi Pravin Arlekar - Director
The latest financial statements of First Choice Real Estate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of First Choice Real Estate is U45201GA2007PTC005289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Choice Real Estate has 1 court case on record: 1 filed by the company.
First Choice Real Estate was incorporated on 07 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Goa.
The peers of First Choice Real Estate by revenue are Murlidhar Todkar Private Limited, Swaish Infra Private Limited, Delhi Punjab Real Estates Private Limited, Ambience City Developers Private Limited, PRP Realty Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Sahil Arlekar was appointed as Director on 04 Jul 2022. Krishan Lal Minocha ceased to be Additional Director on 06 Mar 2015. Om Prakash Kalia ceased to be Additional Director on 06 Mar 2015. First Choice Real Estate has 5 board changes on record in total.
The registered office of First Choice Real Estate is at H. No. 407A Naikawaddo Calangute Bardez Goa, Goa, India – 403516.
First Choice Real Estate operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of First Choice Real Estate is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.