About City Realty & Development Private Limited
Data last updated:
City Realty & Development Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of City Corporation Limited. It operates in the mall and retail management segment of the business services sector. It was incorporated on 17 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45209PN2005PTC021147. Its GSTIN is 27AACCC6632K1ZJ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹235 Cr and a paid-up capital of ₹78.45 Cr. It is led by directors including Surjit Singh Rajpurohit (Manager) and Jaymalhar Krishnajirao Bhosale.
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 City Chambers 917/19A F C Road Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.84 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹5.78 Cr (net margin -7%) and EBITDA of ₹34.52 Cr (EBITDA margin 41.7%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 1% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Amanora Mall. As per MCA filings, the company has open charges of ₹425 Cr and satisfied charges of ₹1,750 Cr on record. Court records list 20 cases involving the company, including 6 filed by the company and 14 filed against it; 2 cases are pending. The company has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹121.95 Cr; the latest was in March 2021. Its 5 peer companies in the Business Services industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 4 larger and 1 smaller; the largest is Candeo Projects Private Limited with revenue of ₹83.14 Cr. The company has 10 MSME Form 1 returns on record between 2020 and 2023, listing 56 overdue payments to 14 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amanoramall.com.
Company details
Contact details
City Realty & Development Private Limited's registered office is in Pune, Maharashtra. Its website is amanoramall.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCity Chambers 917/19A F C Road Pune, Maharashtra, India – 411004
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of City Realty & Development 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
Brands
City Realty & Development operates one associated brand: Amanora Mall. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retail and entertainment services are provided at a shopping mall in Pune, India. | amanoramall.com |
Business activity
The main business activity of City Realty & Development 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 City Realty & Development Private Limited, buy the company report.
Financials of City Realty & Development Private Limited
FY 2025 filings availableCity Realty & Development Private Limited reported revenue of ₹82.84 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 1% fall in the latest year. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹34.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.78 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.7% | ||||
| Net Profit Margin | -7% | ||||
| 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 City Realty & Development Private Limited, buy the company report.
Board of directors and KMP of City Realty & Development Private Limited
City Realty & Development Private Limited currently reports 6 directors and 2 key managerial personnel. 34 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surjit Singh Rajpurohit | Manager | 04 Nov 2017 | 8 Years 11 Months | Current |
| Jaymalhar Krishnajirao Bhosale Also directs: Uriel Kids Private Limited, Amanora Knowledge Foundation, Amanora - Esf Institute for Sustainability & Management and 1 more | Director | 31 Aug 2012 | 14 Years 1 Months | Current |
| Siddharth Shashank Nivsarkar | Director | 29 Nov 2016 | 9 Years 10 Months | Current |
| Sumeet Subhash Lohiya Also directs: City Corporation Limited | Cfo | 12 Jun 2023 | 3 Years 4 Months | Current |
| Gopal Prakash Kane Also directs: Innovative Fasteners and Autocomp Private Limited, Diverso Power System Private Limited, Saturn Industry Private Limited and 2 more | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Shardul Vasant Joshi Also directs: Joshi's Management and Consultancy Services LLP, Samarth Yog Chemist LLP, Shalvi Pharma LLP and 2 more | Company Secretary | 11 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
City Realty & Development Private Limited is compared with the 5 companies closest to it by revenue in the Business Services industry (Builders and Developers, Mall Management), with 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 |
|---|---|---|---|---|---|---|
| Candeo Projects Private Limited | ₹83.14 Cr (FY 2024) | 31.0% | New Delhi, Delhi, India | |||
| Renaissance Holdings and Developers Private Limited | ₹83.14 Cr (FY 2025) | -23.0% | Bangalore, Karnataka, India | |||
| Sare Shelters Project Private Limited | ₹83.05 Cr (FY 2025) | -29.0% | Thiruporur, Tamil Nadu, India | |||
| Shriprop Developers Private Limited | ₹82.88 Cr (FY 2025) | -49.0% | Bengaluru, Karnataka, India | |||
| City Realty & Development Private Limitedthis company | ₹82.84 Cr (FY 2025) | -₹5.78 Cr | -7% | -1.0% | 44 | Pune, Maharashtra, India |
| Gnex Realtech Private Limited | ₹82.56 Cr (FY 2024) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of City Realty & Development Private Limited, buy the company report.
Auditor
City Realty & Development Private Limited is audited by A S JINTURKAR AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S JINTURKAR AND COMPANY | FY 2023 | 157872W |
Shareholding
The shareholding of City Realty & Development Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of City Realty & Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2023 | 100795464 | Others | ₹100 Cr | Open | |
| 23 Dec 2021 | 100550034 | Others | ₹325 Cr | Open | |
| 28 Dec 2021 | 100559527 | Others | ₹125 Cr | Satisfied | |
| 14 Aug 2019 | 100283239 | Others | ₹270 Cr | Satisfied | |
| 15 Feb 2018 | 100175059 | Others | ₹255 Cr | Satisfied |
To see the full charge records of City Realty & Development Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
City Realty & Development Private Limited has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹121.95 Cr; the latest was in March 2021.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: City Corporation Limited Seller: Amanora Future Towers Private Limited |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: Amanora Future Towers Private Limited Seller: Everstone Capital Management |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: City Corporation Limited Seller: Everstone Capital Management |
| Apr 2011 | Funding round | ₹20 Cr | Investors: City Corporation Limited |
| Apr 2009 | Funding round | ₹16.41 Cr | Investors: City Corporation Limited |
To see the full deal history of City Realty & Development Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
City Realty & Development Private Limited has 20 court cases on record: 6 filed by City Realty & Development, 14 filed against it. 2 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 2 |
| High courts | 9 | 7 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Marks and Spencer Reliance India Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by I Knowledge Factory Pvt. Ltd. Through Ashish Rameshchandra Dalia | Pending |
| High Court | Court case (CARBP) | Filed against the company by Universal Mep Projects and Engineering Services Ltd | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Marks and Spencer Reliance India Private Limited Through Yatin Sharma | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Sapphire Foods India Pvt. Ltd. | Disposed |
To see the full case history of City Realty & Development 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.
Credit ratings & regulatory alerts
City Realty & Development Private Limited was last rated by Icra on 30 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Sep 2022 |
To see the full credit ratings and regulatory alerts of City Realty & Development Private Limited, buy the company report.
MSME payment delays
City Realty & Development Private Limited has 10 MSME Form 1 returns on record between 2020 and 2023, listing 56 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| GP Electropneumatics | |||
| an individual supplier |
To see the full MSME payment records of City Realty & Development Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
City Realty & Development Private Limited has a workforce of 44 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
City Realty & Development has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC6632K1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 27AACCC6632K2ZI | Maharashtra | Active | 01 Apr 2024 |
To see the full GST registrations and return filing status of City Realty & Development Private Limited, buy the company report.
Recent activity
City Realty & Development Private Limited has 34 board changes on record since 2007: 8 appointments and 26 cessations. The latest: Sumeet Subhash Lohiya ceased to be CFO on 29 Nov 2025.
44 earlier events are in the company report.
Frequently asked questions
City Realty & Development is an active private limited company based in Pune, Maharashtra, India. The company works in mall and retail management, within the business services industry. It was incorporated on 17 August 2005 (21+ years old) and is registered under CIN U45209PN2005PTC021147.
City Realty & Development has 8 current directors and KMP:
- Jaymalhar Krishnajirao Bhosale - Director
- Siddharth Shashank Nivsarkar - Director
- Gopal Prakash Kane - Director
- Vivek Gopalrao Kulkarni - Director
- Swati Rajendra Barkund - Director
- Surjit Singh Rajpurohit - Manager
- Sumeet Subhash Lohiya - Cfo
- Shardul Vasant Joshi - Company Secretary
The latest financial statements of City Realty & Development 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 GSTIN of City Realty & Development is 27AACCC6632K1ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCC6632K2ZI (Maharashtra).
The CIN (Corporate Identification Number) of City Realty & Development is U45209PN2005PTC021147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
City Realty & Development has 20 court cases on record: 6 filed by the company and 14 filed against it. 2 are pending. Most are in the district courts.
City Realty & Development was incorporated on 17 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
City Realty & Development has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹121.95 Cr; the latest was in March 2021.
The peers of City Realty & Development by revenue are Candeo Projects Private Limited, Renaissance Holdings and Developers Private Limited, Sare Shelters Project Private Limited, Shriprop Developers Private Limited, Gnex Realtech Private Limited, all in the Business Services industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property).
Sumeet Subhash Lohiya ceased to be CFO on 29 Nov 2025. Swati Rajendra Barkund ceased to be Additional Director on 29 Sep 2025. Shardul Vasant Joshi was appointed as Company Secretary on 11 Feb 2025. City Realty & Development has 34 board changes on record in total.
City Realty & Development has 10 MSME Form 1 returns on record between 2020 and 2023, listing 56 overdue payments to 14 micro and small suppliers. The latest return was filed on 09 Dec 2023.
City Realty & Development can be reached through the website amanoramall.com. Its registered office is in Pune, Maharashtra, India.