About Kundan Spaces
Kundan Spaces is a Real Estate & Construction company based in Pune (India) founded in 1986. It develops residential and commercial properties in Pune using advanced technology. It operates on a B2C and B2B model. Its Indian entity Kundan Spaces Llp reported revenue of ₹2.45 Cr. Kundan Spaces offers products and services including Praangan, Eternia 2.0, Espacio, and Profitbay. Its focus areas include Real Estate, Commercial Development, Office Spaces and Commercial Towers. Its competitors include Lodha Group and Godrej Properties.
Company details
Kundan Spaces is a real estate developer based in Pune, India, specializing in residential and commercial projects. They focus on innovative design and advanced technology to create high-quality living and working spaces. The company delivers apartments, offices, and commercial buildings, integrating craftsmanship with modern standards. With over 45 years of experience, they serve clients seeking premium properties in various Pune locations.
- Headquarters Pune, India
- SectorsReal Estate & Construction
- Email••••••••
- Website kundans.com
- Social LinkedIn X Facebook Instagram
- Legal Name Kundan Spaces Llp
- Date of Incorporation 11 Feb, 2011
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2.45 Cr
FY 2021
- Net Profit₹99.9 Lakh
FY 2021 · 41% margin
- EBITDA₹66.9 Lakh
FY 2021 · 27% margin
Associated legal entities of Kundan Spaces
Kundan Spaces is associated with 3 registered companies on The Company Check; the primary company is Kundan Spaces Llp. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kundan Spaces Llp CIN AAA-3785 | Active | 11 Feb 2011 | Pune, Maharashtra | ₹2.4 Cr | 2 | View details | |
| Spacemint Realty Llp CIN AAO-5104 | Active | 12 Mar 2019 | Pune, Maharashtra | 2 | View details | ||
| Manasara Construction Llp CIN ABB-1386 | Active | 25 May 2022 | Pune, Maharashtra | 2 | View details |
Products & Services of Kundan Spaces
Kundan Spaces offers a comprehensive portfolio of products and services, including Praangan, Eternia 2.0, Espacio, and Profitbay.
Offers 1, 2, and 3 BHK apartments in Pune areas.
Provides modern residential units near Sopan Baug in Pune.
Delivers 2 and 3 BHK homes in Balewadi, Pune.
Offers office and shop spaces on Laxmi Road in Pune.
Board of directors of Kundan Spaces Llp (Kundan Spaces)
Kundan Spaces Llp is the primary company behind Kundan Spaces. The boards of the 3 registered companies of Kundan Spaces currently have 4 directors; the longest-serving is Ashish Bhawarlal Jain, appointed in 2011. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashish Bhawarlal Jain DIN 05013387 | Designated Partner | 11 Feb 2011 | 15 yrs 8 mo | Kundan Spaces Llp, Spacemint Realty Llp |
| Prayank Vikram Dhaddha DIN 03575656 | Designated Partner | 12 Mar 2019 | 7 yrs 7 mo | Spacemint Realty Llp |
| Dhanesh Dilip Mehta DIN 02042585 | Designated Partner | 25 May 2022 | 4 yrs 5 mo | Manasara Construction Llp |
| Rakshit Rajesh Oswal DIN 08990311 | Designated Partner | 20 Feb 2024 | 2 yrs 8 mo | Kundan Spaces Llp, Manasara Construction Llp |
Financials of Kundan Spaces
Figures of Kundan Spaces Llp, the primary company behind Kundan Spaces, for FY 2021. Revenue was ₹2.45 Cr. Net profit was ₹99.9 Lakh (41% margin). EBITDA was ₹66.9 Lakh (27% margin). Revenue has grown at a compounded annual rate of -6% over three years and +3% over five years.
- ₹2.45 CrRevenue · FY 2021
- ₹99.9 LakhNet profit · 41% margin
- ₹66.9 LakhEBITDA · 27% margin
- -6%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kundan Spaces Llp are on its company page.
Detailed financial statements for Kundan Spaces
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Competitors of Kundan Spaces
Kundan Spaces has 2 listed competitors in our database. They include Lodha Group and Godrej Properties.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lodhagroup.com | 1980 | Mumbai, India | 4,846 | Developer of residential and commercial real estate properties | ||
| godrejproperties.com | 1990 | Mumbai, India | 408 | Residential and commercial properties are developed by Godrej Properties. |
Detailed competitors of Kundan Spaces
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- Full competitor set
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Web traffic of Kundan Spaces
The website of Kundan Spaces (kundans.com) receives about 7.7K visits a month.
- Monthly visits7.7K
▼ 13.6% vs previous month
Top companies in Serviced & Flexible Workspaces
3 companies that operate in the same segment as Kundan Spaces (Serviced & Flexible Workspaces) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global design and build services for corporate workplaces focusing on sustainability and employee wellbeing. | 2001 | Bengaluru, Karnataka, India | ||||
Provides managed office spaces for businesses. | 1988 | Gurugram, Haryana, India | USD 30.2 M | 1,029 | ||
Develops IT parks, business spaces, and managed workspaces in Bengaluru and other cities. | 1996 | Bengaluru, Karnataka, India | USD 281.58 M | 221 |
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Frequently Asked Questions about Kundan Spaces
Kundan Spaces was founded in 1986.
Kundan Spaces is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind Kundan Spaces, Kundan Spaces Llp, reported revenue of ₹2.45 Cr for FY 2021.
Kundan Spaces is a real estate developer based in Pune, India, specializing in residential and commercial projects. They focus on innovative design and advanced technology to create high-quality living and working spaces. The company delivers apartments, offices, and commercial buildings, integrating craftsmanship with modern standards. With over 45 years of experience, they serve clients seeking premium properties in various Pune locations.
Kundan Spaces's top competitors include Godrej Properties and Lodha Group.
Kundan Spaces offers Praangan, Eternia 2.0, Espacio, and Profitbay.
Kundan Spaces is associated with 3 legal entities: Kundan Spaces Llp, Spacemint Realty Llp, Manasara Construction Llp.
The legal entities of Kundan Spaces currently have 4 directors, including Ashish Bhawarlal Jain, Rakshit Rajesh Oswal, Prayank Vikram Dhaddha and others.