Reasonable Housing Limited
About Reasonable Housing Limited
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Reasonable Housing Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Lavasa Corporation Limited. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 23 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2009PLC195985.
The company has an authorised share capital of ₹43 Lakh and a paid-up capital of ₹24.66 Lakh. It is led by directors including Mangesh Kerkar Dattaram and Neel Dinkar Patil.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Hincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.47 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹8.26 Lakh (net margin -5.6%) and EBITDA of ₹69.9 Lakh (EBITDA margin 47.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Reasonable Housing Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Reasonable Housing 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
Business activity
The main business activity of Reasonable Housing is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Reasonable Housing Limited, buy the company report.
Financials of Reasonable Housing Limited
FY 2018 filings availableReasonable Housing Limited reported revenue of ₹1.47 Cr (up 1% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 41% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹69.9 Lakh | |||
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| Net Profit (PAT) | -₹8.26 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 47.5% | |||
| Net Profit Margin | -5.6% | |||
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To see the full financial statements and ratios of Reasonable Housing Limited, buy the company report.
Board of directors of Reasonable Housing Limited
Reasonable Housing has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangesh Kerkar Dattaram Also directs: Warasgaon Infrastructure Providers Limited, Hill View Parking Services Limited, Valley View Entertainment Limited and 4 more | Director | 18 May 2017 | 9 Years 5 Months | Current |
| Neel Dinkar Patil Also directs: Green Hills Residences Limited, Warasgaon Infrastructure Providers Limited, Dasve Retail Limited and 5 more | Director | 24 Mar 2017 | 9 Years 7 Months | Current |
| Avinash Jaigovind Harde Also directs: Hill City Service Apartments Limited, Green Hills Residences Limited, Rosebay Hotels Limited and 5 more | Director | 25 Apr 2016 | 10 Years 6 Months | Current |
Peer comparison
Reasonable Housing Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chameli Enterprises Private Limited | ₹1.47 Cr (FY 2025) | 139.0% | Indore, Madhya Pradesh, India | |||
| Greater Noida Overseas Private Limited | ₹1.47 Cr (FY 2025) | 215.0% | Faridabad, Haryana, India | |||
| S N Realtors Private Limited | ₹1.47 Cr (FY 2025) | 636.0% | New Delhi, Delhi, India | |||
| Amber Mercantiles Ltd | ₹1.47 Cr (FY 2025) | -51.0% | Jaipur, Rajasthan, India | |||
| Unnayan Builders Private Limited | ₹1.47 Cr (FY 2025) | Kolkata, West Bengal, India | ||||
| Reasonable Housing Limitedthis company | ₹1.47 Cr (FY 2018) | -₹8.26 Lakh | -5.6% | 1.0% | 1 | Mumbai, Maharashtra, India |
| Siddarth Conclave Private Limited | ₹1.47 Cr (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Sugarh Properties Pvt Ltd | ₹1.47 Cr (FY 2018) | 343.0% | Kolkata, West Bengal, India | |||
| Bagala Infrastructure Private Limited | ₹1.47 Cr (FY 2024) | 4.0% | Bhubaneswar, Odisha, India | |||
| Sahayata Real Estate Limited | ₹1.47 Cr (FY 2022) | -18.0% | Deoria, Uttar Pradesh, India | |||
| R. V. Technocore Private Limited | ₹1.47 Cr (FY 2024) | 1141.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Reasonable Housing Limited, buy the company report.
Shareholding
The shareholding of Reasonable Housing Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Reasonable Housing Limited, buy the company report.
Legal cases
No court or tribunal cases involving Reasonable Housing Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reasonable Housing Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reasonable Housing Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Reasonable Housing Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Reasonable Housing Limited has 15 board changes on record since 2011: 3 appointments and 12 cessations. The latest: Mangesh Kerkar Dattaram ceased to be Additional Director on 14 Sep 2017.
6 earlier events are in the company report.
Frequently asked questions
Reasonable Housing is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 23 September 2009 (17+ years old) and is registered under CIN U70102MH2009PLC195985.
Reasonable Housing has 3 current directors:
- Mangesh Kerkar Dattaram - Director
- Neel Dinkar Patil - Director
- Avinash Jaigovind Harde - Director
The latest financial statements of Reasonable Housing on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Reasonable Housing is U70102MH2009PLC195985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reasonable Housing was incorporated on 23 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Reasonable Housing by revenue are Chameli Enterprises Private Limited, Greater Noida Overseas Private Limited, S N Realtors Private Limited, Amber Mercantiles Ltd, Unnayan Builders Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Mangesh Kerkar Dattaram ceased to be Additional Director on 14 Sep 2017. Neel Dinkar Patil ceased to be Additional Director on 14 Sep 2017. Mangesh Kerkar Dattaram was appointed as Director on 18 May 2017. Reasonable Housing has 15 board changes on record in total.
The registered office of Reasonable Housing is at Hincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083.
Reasonable Housing operates in the real estate industry, in the real estate leasing segment.
The compliance status of Reasonable Housing is active non-compliant as of 20 August 2026. The company is actively filing with the Registrar of Companies.
Reasonable Housing can be reached at its registered office: Hincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083.