PAREENA

Gurugram, India Founded: 2019 • Age: 7 yrs
Provides high-end residential and commercial property development in Gurgaon.

About PAREENA

PAREENA is a Real Estate & Construction company based in Gurugram (India) founded in 2019. It provides high-end residential and commercial property development in Gurgaon. It operates on a B2C and B2B model. The company has 29 employees. Its Indian entity Pareena Infrastructures Private Limited reported revenue of β‚Ή193 Cr. PAREENA offers products and services including Om Apartments, Om Square, Mi Casa Apartments, and Elite Residences. Its focus areas include Real Estate, Development, Residential and Apartments. Similar companies include Arkade, Shriram Properties and Puravankara; 2 of its 3 listed similar companies have raised funding.

Company details

Pareena Developers specializes in real estate projects, focusing on innovative design and construction for residential and commercial properties. Based in Gurgaon, India, they deliver high-quality apartments, villas, and office spaces through experienced teams. Their services include initial consultations to final construction, ensuring efficiency and precision. Clients benefit from flexible payment plans and prime location connectivity, adhering to regulatory standards.

Key Metrics
  • Annual Revenue
    ₹193 Cr

    FY 2024 · +73% YoY

  • Net Profit
    ₹1.05 Cr

    FY 2024 · 0% margin

  • EBITDA
    ₹6.64 Cr

    FY 2024 · 3% margin

  • Employee Count
    29

Products & Services of PAREENA

PAREENA offers a comprehensive portfolio of products and services, including Om Apartments, Om Square, Mi Casa Apartments, and Elite Residences.

Om Apartments
Residential Property

Apartment complex offering modern living spaces in Gurgaon.

Om Square
Commercial Property

Office and retail space for business operations.

Mi Casa Apartments
Residential Property

Housing units with various bedroom options available.

Elite Residences
Luxury Residential

High-end apartments focused on premium features.

Board of directors of Pareena Infrastructures Private Limited (PAREENA)

Pareena Infrastructures Private Limited is the primary company behind PAREENA. The board of Pareena Infrastructures Private Limited currently have 2 directors; the longest-serving is Virender Verma, appointed in 2009. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Virender Verma
DIN 01655977
Director23 Mar 200917 yrs 7 moPareena Infrastructures Private Limited
Surender Verma Kumar
DIN 00687237
Director23 Mar 200917 yrs 7 moPareena Infrastructures Private Limited

Financials of PAREENA

Figures of Pareena Infrastructures Private Limited, the primary company behind PAREENA, for FY 2024. Revenue was ₹193 Cr (+73% year on year). Net profit was ₹1.05 Cr (0% margin). EBITDA was ₹6.64 Cr (3% margin). Revenue has grown at a compounded annual rate of +53% over three years and +8% over five years.

  • ₹193 CrRevenue · FY 2024 · +73% YoY
  • ₹1.05 CrNet profit · 0% margin
  • ₹6.64 CrEBITDA · 3% margin
  • ₹14.96 CrPaid-up capital
  • 29Employees (provident fund records)
  • +53%Revenue CAGR, 3 years
  • +8%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Pareena Infrastructures Private Limited are on its company page.

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Detailed financial statements for PAREENA

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Similar companies to PAREENA

PAREENA has 3 listed similar companies in our database, 2 of them funded. They include Arkade, Shriram Properties and Puravankara.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
arkade.in1984Mumbai, India$2.39M98
Residential properties are developed by Arkade in Mumbai, India.
shriramproperties.com1995Bengaluru, India$641.31M1,620
Residential properties are developed in mid-market and affordable segments.
puravankara.com1975Bengaluru, India940
Residential and commercial properties are developed across various segments.
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Detailed similar companies of PAREENA

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Top companies in Affordable & Senior Housing

3 companies that operate in the same segment as PAREENA (Affordable & Senior Housing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Loans for affordable housing in tier 2,3 and 4 cities
2010Mumbai, Maharashtra, IndiaUSD 607.85 MUSD 389.13 M4,580
Affordable housing finance solutions are provided to underserved individuals.
2010Gurugram, Haryana, IndiaUSD 236.82 MUSD 31.04 M2,880
Home loans and financial services are provided to customers.
2014Bengaluru, Karnataka, IndiaUSD 38.2 MUSD 4.42 M579
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Frequently Asked Questions about PAREENA

PAREENA was founded in 2019.

PAREENA is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

PAREENA has 29 employees.

The primary company behind PAREENA, Pareena Infrastructures Private Limited, reported revenue of β‚Ή193 Cr for FY 2024, up 73% year on year.

Pareena Developers specializes in real estate projects, focusing on innovative design and construction for residential and commercial properties. Based in Gurgaon, India, they deliver high-quality apartments, villas, and office spaces through experienced teams. Their services include initial consultations to final construction, ensuring efficiency and precision. Clients benefit from flexible payment plans and prime location connectivity, adhering to regulatory standards.

PAREENA's top competitors include Arkade, Puravankara and Shriram Properties.

PAREENA offers Om Apartments, Om Square, Mi Casa Apartments, and Elite Residences.

PAREENA operates through Pareena Infrastructures Private Limited.

The legal entities of PAREENA currently have 3 directors, including Virender Verma, Surender Verma Kumar, Upma Ahuja.

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