About Credence Property Developers Private Limited
Data last updated: 27 February 2026
Credence Property Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Keystone Realtors Limited. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 30 January 1996, the company has been in operation for over 30 years.
Registered with ROC Mumbai under CIN U70100MH1996PTC096712.
Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹44.37 Cr. It is led by directors Percy Chowdhry and Bunty Devanand Chandwani.
Last AGM: 16 September 2025. Financial statements filed for year ended 31 March 2025. Office: 702 Natraj Mv Road Junction Western Express Highway Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.53 Cr, a decline of 62% compared to the previous year.
It operates as a subsidiary of Keystone Realtors Limited.
As per MCA filings, the company has open charges of ₹7.27 Cr and satisfied charges of ₹145 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rustomjee.com.
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Registered Address702 Natraj Mv Road Junction Western Express Highway Andheri (East), Mumbai, Maharashtra, India – 400069
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Credence Property Developers Private Limited
Credence Property Developers Private Limited is engaged in the principal business activity of real estate activities, with detailed activities including real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details for Credence Property Developers Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Credence Property Developers Private Limited
Credence Property Developers Private Limited is audited by SKHD & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SKHD & Associates | Locked | Locked | Locked |
Complete auditor history for Credence Property Developers Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
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Board of Directors of Credence Property Developers Private Limited
Credence Property Developers Private Limited is currently managed by 2 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Percy Chowdhry
Also directs:
Dreamz Dwellers Llp, Rustomjee Education World Llp, Keystone Realtors Limited and 5 more
|
Director | 15 Jul 2001 | 25 Years 0 Months | Current |
| Bunty Devanand Chandwani | Director | 24 Apr 2023 | 3 Years 2 Months | Current |
Financials of Credence Property Developers Private Limited FY 2025 filings available
Credence Property Developers Private Limited reported revenue of ₹30.53 Cr (down 62.00% YoY) for FY 2025.
Ten-year financial statements for Credence Property Developers Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Credence Property Developers Private Limited
Shareholding and ownership data for Credence Property Developers Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Credence Property Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Aug 2021 | Others | ₹7.27 Cr | Open |
| 28 Jul 2020 | Others | ₹25 Cr | Satisfied |
| 10 Mar 2017 | Others | ₹70 Cr | Satisfied |
| 23 Jun 2015 | Jm Financial Credit Solutions Limited | ₹50 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Credence Property Developers Private Limited
Credence Property Developers Private Limited has a workforce of 0 employees as of Mar 28, 2024.
Employee and EPFO history for Credence Property Developers Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Credence Property Developers Private Limited
GST registrations and filing compliance for Credence Property Developers Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Credence Property Developers Private Limited
Credit ratings, litigation, and regulatory alerts for Credence Property Developers Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Credence Property Developers Private Limited
MSME payment history for Credence Property Developers Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Credence Property Developers Private Limited
Corporate group structure for Credence Property Developers Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Credence Property Developers Private Limited
MCA filings and documents for Credence Property Developers Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Credence Property Developers Private Limited
Recent News on Credence Property Developers Private Limited
Frequently Asked Questions about Credence Property Developers Private Limited
Credence Property Developers Private Limited is an active private limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 30 January 1996 (30+ years old) and is registered under CIN U70100MH1996PTC096712.
Credence Property Developers Private Limited reported revenue of ₹30.53 Cr for FY 2025 (down 62.00% YoY).
The current directors of Credence Property Developers Private Limited are:
- Percy Chowdhry - Director
- Bunty Devanand Chandwani - Director
The primary industry of Credence Property Developers Private Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Credence Property Developers Private Limited can be reached at the registered office: 702 Natraj Mv Road Junction Western Express Highway Andheri East, Mumbai, Maharashtra, India – 400069, or through the website rustomjee.com.
The authorised capital is ₹50 Cr, and the paid-up capital is ₹44.37 Cr.