- #1,608 Chetan Ramniklal Shah & family ₹1,200 Cr
- #1,608 Mayur Ramniklal Shah & family ₹1,200 Cr

About Cornell Housing and Infrastructure Private Limited
Data last updated:
Cornell Housing and Infrastructure Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 February 1983 and has been in existence for over 43 years.
Its director Chetan Ramniklal Shah and family are #1,608 among India's richest people (2026). Its director Mayur Ramniklal Shah and family are #1,608 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1983PTC029425. Its GSTIN is 27AAACH1623H1ZY (Maharashtra).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.5 Cr. It is led by directors including Neil Madhukar Sonawala and Samyag Mayur Shah.
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 702 Marathon Max Junction Of Mulund – Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.74 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net profit of ₹77.04 Lakh (net margin 44.4%) and EBITDA of ₹1.66 Cr (EBITDA margin 95.8%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 307% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27 Lakh on record. Court records list 23 cases involving the company, including 14 filed by the company and 9 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marathon.in.
Company details
Recognitions & Rankings of Cornell Housing and Infrastructure
Contact details
Cornell Housing and Infrastructure Private Limited's registered office is in Mumbai, Maharashtra. Its website is marathon.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address702 Marathon Max Junction Of Mulund – Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Cornell Housing and Infrastructure 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
Business activity
The main business activity of Cornell Housing and Infrastructure is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Cornell Housing and Infrastructure Private Limited
FY 2025 filings availableCornell Housing and Infrastructure Private Limited reported revenue of ₹1.74 Cr (up 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 307% over five years, including 84% growth in the latest year. EBITDA rose 88% 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 |
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| EBITDA | ₹1.66 Cr | ||||
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| Net Profit (PAT) | ₹77.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 95.8% | ||||
| Net Profit Margin | 44.4% | ||||
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To see the full financial statements and ratios of Cornell Housing and Infrastructure Private Limited, buy the company report.
Board of directors of Cornell Housing and Infrastructure Private Limited
Cornell Housing and Infrastructure has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neil Madhukar Sonawala | Director | 17 Jun 2024 | 2 Years 4 Months | Current |
| Samyag Mayur Shah Also directs: Marathon Nextgen Realty Limited, Nexzone Land Private Limited, Matrix Fiscal Private Limited and 5 more | Director | 01 Jan 2016 | 10 Years 10 Months | Current |
| Jairaj Kantilal Sonawala | Director | 17 Jun 2024 | 2 Years 4 Months | Current |
| Kaivalya Chetan Shah | Director | 01 Jan 2016 | 10 Years 10 Months | Current |
| Chetan Ramniklal Shah Also directs: Marathon Construction LLP, Marathon Buildcon LLP, Matrix Green Housing and Commercial Developers LLP and 5 more | Director | 01 Oct 2010 | 16 Years 1 Months | Current |
| Mayur Ramniklal Shah Also directs: Marathon Construction LLP, Marathon Buildcon LLP, Matrix Green Housing and Commercial Developers LLP and 5 more | Director | 01 Oct 2010 | 16 Years 1 Months | Current |
Auditor
Cornell Housing and Infrastructure Private Limited is audited by THACKER BUTALA DESAI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THACKER BUTALA DESAI | FY 2023 | 110864W |
Shareholding
The shareholding of Cornell Housing and Infrastructure 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 Cornell Housing and Infrastructure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2025 | 101121609 | The South Indian Bank Limited | ₹27 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Cornell Housing and Infrastructure Private Limited has 23 court cases on record: 14 filed by Cornell Housing and Infrastructure, 9 filed against it. 6 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 9 | 6 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (CAF) | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed against the company | Pending |
To see the full case history of Cornell Housing and Infrastructure 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cornell Housing and Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cornell Housing and Infrastructure Private Limited has a workforce of 21 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Cornell Housing and Infrastructure has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH1623H1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cornell Housing and Infrastructure Private Limited, buy the company report.
Recent activity
Cornell Housing and Infrastructure Private Limited has 12 board changes on record since 2010: 6 appointments and 6 cessations. The latest: Jairaj Kantilal Sonawala ceased to be Additional Director on 29 Sep 2024.
4 earlier events are in the company report.
News
Frequently asked questions
Cornell Housing and Infrastructure is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 February 1983 (43+ years old) and is registered under CIN U74140MH1983PTC029425.
Cornell Housing and Infrastructure has 6 current directors:
- Neil Madhukar Sonawala - Director
- Samyag Mayur Shah - Director
- Jairaj Kantilal Sonawala - Director
- Kaivalya Chetan Shah - Director
- Chetan Ramniklal Shah - Director
- Mayur Ramniklal Shah - Director
The latest financial statements of Cornell Housing and Infrastructure 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 Cornell Housing and Infrastructure is 27AAACH1623H1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cornell Housing and Infrastructure is U74140MH1983PTC029425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornell Housing and Infrastructure has 23 court cases on record: 14 filed by the company and 9 filed against it. 6 are pending. Most are in the high courts.
Cornell Housing and Infrastructure was incorporated on 28 February 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Jairaj Kantilal Sonawala ceased to be Additional Director on 29 Sep 2024. Neil Madhukar Sonawala ceased to be Additional Director on 29 Sep 2024. Jairaj Kantilal Sonawala was appointed as Director on 17 Jun 2024. Cornell Housing and Infrastructure has 12 board changes on record in total.
Cornell Housing and Infrastructure can be reached through the website marathon.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Cornell Housing and Infrastructure is at 702 Marathon Max Junction Of Mulund – Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080.

