Ithemba Developments

Real estate development of residential and commercial projects in Chandannagar.

About Ithemba Developments

Ithemba Developments is a Real Estate & Construction company. Real estate development of residential and commercial projects in Chandannagar. It operates in the Real Estate & Construction and Retail sectors. Its Indian entity Ithemba Developments Limited reported revenue of β‚Ή2.7 Lakh. Ithemba Developments offers products and services including Residential Projects and Commercial Projects. Its focus areas include Real Estate, Residential Development, Housing Projects and Luxury Apartments.

Company details

Ithemba Developments Ltd. is recognized as a real estate developer based in Chandannagar, West Bengal. Projects such as ACASA are designed to incorporate over 40 green spaces and modern amenities, while ensuring proximity to urban services like stations and hospitals. The company is led by a locally experienced team with expertise across South Asia, focusing on responsible development of secure and affordable housing. Integration of international trends with community needs is achieved to foster ownership and environmental responsibility, creating balanced living environments.

  • Sectors
    Real Estate & Construction
    Retail
  • Email
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  • Social Facebook Instagram
  • Legal Name Ithemba Developments Ltd.
  • Date of Incorporation 04 Jul, 2011
  • Jurisdiction Hoohgly, West Bengal, India
Key Metrics
  • Indian entity revenue
    ₹2.7 Lakh

    FY 2025 · -94% YoY

  • Indian entity net loss
    -₹1.06 Cr

    FY 2025 · -3885% margin

  • Indian entity EBITDA
    -₹84.3 Lakh

    FY 2025 · -3082% margin

Products & Services of Ithemba Developments

Ithemba Developments offers a comprehensive portfolio of products and services, including Residential Projects and Commercial Projects.

Residential Projects
Real Estate Development

Development of luxury apartments with green spaces and amenities

Commercial Projects
Real Estate Development

Creation of retail and shopping centers within project premises

Board of directors of Ithemba Developments Limited (Ithemba Developments)

Ithemba Developments Limited is the primary company behind Ithemba Developments. The board of Ithemba Developments Limited currently have 4 directors; the longest-serving is Helene Miller, appointed in 2011. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Helene Miller
DIN 03531237
Director04 Jul 201115 yrs 3 moIthemba Developments Limited
Shilpa Ganguly
DIN 03535050
Director04 Jul 201115 yrs 3 moIthemba Developments Limited
Saumyarup Ganguly
DIN 03535055
Director04 Jul 201115 yrs 3 moIthemba Developments Limited
Puspita Ganguly
DIN 03530966
Director04 Jul 201115 yrs 3 moIthemba Developments Limited

Financials of Ithemba Developments

Figures of Ithemba Developments Limited, the primary company behind Ithemba Developments, for FY 2025. Revenue was ₹2.7 Lakh (-94% year on year). Net loss was -₹1.06 Cr (-3885% margin). EBITDA was -₹84.3 Lakh (-3082% margin). Revenue has grown at a compounded annual rate of -83% over three years and -60% over five years.

  • ₹2.7 LakhRevenue · FY 2025 · -94% YoY
  • -₹1.06 CrNet loss · -3885% margin
  • -₹84.3 LakhEBITDA · -3082% margin
  • ₹1.32 CrPaid-up capital
  • -83%Revenue CAGR, 3 years
  • -60%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ithemba Developments Limited are on its company page.

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Frequently Asked Questions about Ithemba Developments

The primary company behind Ithemba Developments, Ithemba Developments Limited, reported revenue of β‚Ή2.7 Lakh for FY 2025, down 94% year on year.

Ithemba Developments Ltd. is recognized as a real estate developer based in Chandannagar, West Bengal. Projects such as ACASA are designed to incorporate over 40 green spaces and modern amenities, while ensuring proximity to urban services like stations and hospitals. The company is led by a locally experienced team with expertise across South Asia, focusing on responsible development of secure and affordable housing. Integration of international trends with community needs is achieved to foster ownership and environmental responsibility, creating balanced living environments.

Ithemba Developments offers Residential Projects and Commercial Projects.

Ithemba Developments operates through Ithemba Developments Limited.

The legal entities of Ithemba Developments currently have 4 directors, including Helene Miller, Shilpa Ganguly, Saumyarup Ganguly and others.

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