About Cornerstone Bay City Developments Private Limited
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Cornerstone Bay City Developments Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Cornerstone Properties Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2010PTC053196. Its GSTIN is 29AADCN7081L1ZW (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Northwick Park Developments Private Limited. It is led by directors Byappanahalli Prabhakara Reddy Kumar Babu and Kumudha Kumarbabu.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.48 Cr. For the same year it recorded a net profit of ₹1.99 Cr (net margin 36.2%) and EBITDA of ₹2.65 Cr (EBITDA margin 48.4%).
As per MCA filings, the company has open charges of ₹1,515 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 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 cornerstoneindia.in.
Company details
Contact details
Cornerstone Bay City Developments Private Limited's registered office is in Bangalore, Karnataka. Its website is cornerstoneindia.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo. 583 9th Main Road Above Oriental Bank Of Commerce Off Cmh Road 1st Stage Indir, Anagar, Bangalore, Karnataka, India – 560038
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Cornerstone Bay City Developments 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 Cornerstone Bay City Developments is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Cornerstone Bay City Developments Private Limited, buy the company report.
Financials of Cornerstone Bay City Developments Private Limited
FY 2025 filings availableCornerstone Bay City Developments Private Limited reported revenue of ₹5.48 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.65 Cr | ||||
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| Net Profit (PAT) | ₹1.99 Cr | ||||
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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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| EBITDA Margin | 48.4% | ||||
| Net Profit Margin | 36.2% | ||||
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To see the full financial statements and ratios of Cornerstone Bay City Developments Private Limited, buy the company report.
Board of directors of Cornerstone Bay City Developments Private Limited
Cornerstone Bay City Developments has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Byappanahalli Prabhakara Reddy Kumar Babu Also directs: Cornerstone Eden Developments LLP, BPK Developments LLP, Augelite Properties LLP and 5 more | Director | 13 Apr 2010 | 16 Years 6 Months | Current |
| Kumudha Kumarbabu Also directs: BPK Developments LLP, Cornerstone Properties Private Limited, Chrysolite Property Developments Private Limited and 5 more | Director | 13 Apr 2010 | 16 Years 6 Months | Current |
Auditor
Cornerstone Bay City Developments Private Limited is audited by B S VENKATACHALAPATHY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S VENKATACHALAPATHY & CO | FY 2021 | 013037S |
Shareholding
The shareholding of Cornerstone Bay City Developments Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Cornerstone Bay City Developments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2020 | 100377292 | Others | ₹150 Cr | Open | |
| 16 Jan 2018 | 100152481 | Others | ₹1,260 Cr | Open | |
| 09 Nov 2016 | 100089156 | Lakshmi Vilas Bank Limited | ₹105 Cr | Open |
To see the full charge records of Cornerstone Bay City Developments Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Cornerstone Bay City Developments Private Limited has 6 court cases on record: 1 filed by Cornerstone Bay City Developments, 5 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Asset Reconstruction Company (India) Limited and 1 other | Disposed |
| High Court of Karnataka | Court case (RP) | Filed against the company by M/S Akshay Enterprises | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by individuals | Pending |
| High Court of Karnataka | Revision petition | Filed against the company by M/S Akshay Enterprises | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Salapuria Hi-Rise Pvt Ltd | Disposed |
To see the full case history of Cornerstone Bay City Developments 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 Cornerstone Bay City Developments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cornerstone Bay City Developments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN7081L1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cornerstone Bay City Developments Private Limited, buy the company report.
Recent activity
Cornerstone Bay City Developments Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Byappanahalli Prabhakara Reddy Kumar Babu was appointed as Director on 13 Apr 2010.
Frequently asked questions
Cornerstone Bay City Developments is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 April 2010 (16+ years old) and is registered under CIN U45201KA2010PTC053196.
Cornerstone Bay City Developments has 2 current directors:
- Byappanahalli Prabhakara Reddy Kumar Babu - Director
- Kumudha Kumarbabu - Director
The latest financial statements of Cornerstone Bay City Developments 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 Cornerstone Bay City Developments is 29AADCN7081L1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Cornerstone Bay City Developments is U45201KA2010PTC053196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornerstone Bay City Developments has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Cornerstone Bay City Developments was incorporated on 13 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Byappanahalli Prabhakara Reddy Kumar Babu was appointed as Director on 13 Apr 2010. Kumudha Kumarbabu was appointed as Director on 13 Apr 2010.
Cornerstone Bay City Developments can be reached through the website cornerstoneindia.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Cornerstone Bay City Developments is at No. 583 9th Main Road Above Oriental Bank Of Commerce Off Cmh Road 1st Stage Indir, Anagar, Bangalore, Karnataka, India – 560038.