MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0019250
Gardencity Realty Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.08 Cr
▼ 30% YoY
Net profit · FY 2024
₹1.39 Cr
Net margin 9.2%
EBITDA · FY 2024
₹5.26 Cr
EBITDA margin 34.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹67.5 Lakh
Issued & subscribed
Open charges
₹2,188.05 Cr
Satisfied ₹1,002.84 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
35
Provident fund records
About Gardencity Realty Private Limited
Data last updated:
Gardencity Realty Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2004PTC033885. Its GSTIN is 29AACCG2140G1ZX (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹67.5 Lakh. It is led by directors including Santosh Lakshmi Kottu (Managing Director) and Deepti Kottu (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.08 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Cr (net margin 9.2%) and EBITDA of ₹5.26 Cr (EBITDA margin 34.9%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 8% over five years.
The company has about 35 employees on its provident fund (EPFO) records. Its group structure includes 9 subsidiaries and 2 joint ventures.
The company is associated with 1 brand: Gardencity. As per MCA filings, the company has open charges of ₹2,188.05 Cr and satisfied charges of ₹1,002.84 Cr on record. Court records list 24 cases involving the company, including 4 filed by the company and 20 filed against it; 7 cases are pending. The company has 8 deals on record (5 secondary share transfers, 2 acquisitions, 1 debt financing), with disclosed funding of ₹20 Cr; the latest was in March 2021.
Gardencity Realty Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0019250). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gardencityrealty.in.
Company details
CIN U70200KA2004PTC033885
Registration Number 033885
Incorporation Date 06 May 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0019250
Key People
Santosh Lakshmi Kottu Managing Director Deepti Kottu Whole-Time Director Vijetha Kottu Director Recognitions & Rankings of Gardencity Realty
Contact details
Gardencity Realty Private Limited's registered office is in Bangalore, Karnataka. Its website is gardencityrealty.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18/2 18/3 Byatarayanapura Near Prolife Hospital, Sneha Nagar Ynk, Bangalore, Karnataka, India – 560092
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Gardencity Realty Private Limited, buy the company report.
Comprehensive company report
Gardencity Realty Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Gardencity Realty operates one associated brand: Gardencity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development of residential, commercial, and retail spaces in strategic locations. | gardencityrealty.in |
Business activity
The main business activity of Gardencity Realty is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Gardencity Realty Private Limited, buy the company report.
Financials of Gardencity Realty Private Limited
FY 2024 filings availableGardencity Realty Private Limited reported revenue of ₹15.08 Cr (down 30% YoY) for FY 2024.
Revenue · FY 2024
₹15.08 Cr ▼ 30%
Net profit · FY 2024
₹1.39 Cr margin 9.2%
EBITDA · FY 2024
₹5.26 Cr margin 34.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 31%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 14%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 30% fall in the latest year. EBITDA fell 32% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.39 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.9% | ||||
| Net Profit Margin | 9.2% | ||||
| 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 Gardencity Realty Private Limited, buy the company report.
Board of directors of Gardencity Realty Private Limited
Gardencity Realty has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijetha Kottu | Director | 20 Feb 2013 | 13 Years 8 Months | Current |
| Kottu Muralikrishna | Director | 18 Aug 2004 | 22 Years 2 Months | Current |
| Santosh Lakshmi Kottu | Managing Director | 06 Dec 2012 | 13 Years 11 Months | Current |
| Deepti Kottu | Whole-Time Director | 04 Oct 2011 | 15 Years 1 Months | Current |
Auditor
Gardencity Realty Private Limited is audited by ABARNA AND ANANTHAN CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABARNA AND ANANTHAN CHARTERED ACCOUNTANTS | FY 2023 | 000003S |
Shareholding
The shareholding of Gardencity Realty 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 Gardencity Realty Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2,188.05 Cr
Satisfied charges
₹1,002.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101172392 | Others | ₹120 Cr | Open | |
| 22 Jun 2025 | 101135026 | Others | ₹178 Cr | Open | |
| 13 May 2025 | 101098937 | Others | ₹15 Cr | Open | |
| 16 Dec 2024 | 101032536 | Others | ₹55 Cr | Open | |
| 30 Aug 2024 | 100982495 | Others | ₹4.27 Cr | Open |
To see the full charge records of Gardencity Realty Private Limited, buy the company report.
Total charge records: 47 View all charges
Deals & funding
Gardencity Realty Private Limited has 8 deals on record (5 secondary share transfers, 2 acquisitions, 1 debt financing), with disclosed funding of ₹20 Cr; the latest was in March 2021.
Total deals
8
Secondary share transfers
5
Acquisitions
2
Debt financing
1
Disclosed funding
₹20 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Acquisition | ₹1,441 Cr | Buyer: an individual Seller: Gardencity Realty Private Limited |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Renaissance Holdings and Developers Private Limited , an individual |
| Feb 2012 | Secondary share transfer | Undisclosed | Seller: Renaissance Holdings and Developers Private Limited , an individual |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Prospero Realty Limited |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: Prospero Realty Limited , Renaissance Holdings and Developers Private Limited Seller: 2 individuals |
To see the full deal history of Gardencity Realty 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
Gardencity Realty Private Limited has 24 court cases on record: 4 filed by Gardencity Realty, 20 filed against it. 7 cases are pending and 17 are disposed.
Total cases
24
Filed by the company
4
Filed against the company
20
Pending
7
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 16 | 5 |
| High courts | 6 | 4 | 2 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Prospero Realty Limited Rep by K R Ravi Shankar | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Iconica Heights LLP and 1 other | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by Shriram Properties Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Precize Management Consultancy Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Precize Management Consultancy Pvt Ltd | Disposed |
To see the full case history of Gardencity Realty 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 Gardencity Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gardencity Realty has 9 subsidiary companies, 2 joint ventures, and 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
9
Subsidiary companies
2
Joint ventures
3
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Marathahalli Office Parks Private Limited | U45201KA2018PTC119678 | |
| Lifestyle Living Spaces Private Limited | U45309KA2017PTC099202 | |
| GRPL Housing Private Limited | U45309KA2018PTC119115 | |
| Visakha Hotels and Convention Centre Private Limited | U55209KA2019PTC122452 | |
| Iconica Hotels and Convention Centre Private Limited | U55209KA2019PTC122671 | |
| Hebbal Infraspace Private Limited | U70109KA2019PTC120116 |
To see the full group structure of Gardencity Realty Private Limited, buy the company report.
Employees & EPFO
Gardencity Realty Private Limited has a workforce of 35 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 35 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Gardencity Realty Private Limited, buy the company report.
GST
Gardencity Realty has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCG2140G1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gardencity Realty Private Limited, buy the company report.
Recent activity
Gardencity Realty Private Limited has 10 board changes on record since 2004: 4 appointments and 6 cessations. The latest: Santosh Lakshmi Kottu ceased to be Director on 09 Jun 2016.
Charges
A charge with Others of Rs. 120.00 Cr registered on 25 Sep 2025 with Charge ID 101172392 was modified on 27 Nov 2025.
Charges
A charge with Others of Rs. 55.00 Cr registered on 16 Dec 2024 with Charge ID 101032536 was modified on 27 Nov 2025.
Charges
A charge with Others of Rs. 75.00 Cr registered on 12 Apr 2024 with Charge ID 100923551 was modified on 27 Nov 2025.
Charges
A charge registered on 20 Mar 2021 via Charge ID 100445404 with Hdfc Bank Limited was fully satisfied on 15 Nov 2025.
Charges
A charge with Others amounted to Rs. 120.00 Cr with Charge ID 101172392 was registered on 25 Sep 2025.
Charges
A charge registered on 04 Mar 2021 via Charge ID 100420474 with Hdfc Bank Limited was fully satisfied on 19 Jul 2025.
Charges
A charge with Others amounted to Rs. 178.00 Cr with Charge ID 101135026 was registered on 22 Jun 2025.
Charges
A charge registered on 24 Dec 2020 via Charge ID 100406201 with Others was fully satisfied on 15 May 2025.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101098937 was registered on 13 May 2025.
Charges
A charge registered on 27 May 2022 via Charge ID 100576582 with Others was fully satisfied on 07 Apr 2025.
Charges
A charge registered on 06 Jul 2019 via Charge ID 100273212 with Others was fully satisfied on 01 Apr 2025.
Charges
A charge with Others amounted to Rs. 55.00 Cr with Charge ID 101032536 was registered on 16 Dec 2024.
79 earlier events are in the company report.
Frequently asked questions
Gardencity Realty 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 06 May 2004 (22+ years old) and is registered under CIN U70200KA2004PTC033885.
Gardencity Realty has 4 current directors:
- Santosh Lakshmi Kottu - Managing Director
- Deepti Kottu - Whole-Time Director
- Vijetha Kottu - Director
- Kottu Muralikrishna - Director
The latest financial statements of Gardencity Realty on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gardencity Realty is 29AACCG2140G1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Gardencity Realty is U70200KA2004PTC033885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gardencity Realty has 24 court cases on record: 4 filed by the company and 20 filed against it. 7 are pending. Most are in the district courts.
Gardencity Realty was incorporated on 06 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Gardencity Realty has 8 deals on record (5 secondary share transfers, 2 acquisitions, 1 debt financing), with disclosed funding of ₹20 Cr; the latest was in March 2021.
Santosh Lakshmi Kottu ceased to be Director on 09 Jun 2016. Deepti Kottu ceased to be Director on 31 Mar 2014. Vijetha Kottu ceased to be Additional Director on 30 Sep 2013. Gardencity Realty has 10 board changes on record in total.
Yes, Gardencity Realty is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0019250).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages