About Suncity Projects Private Limited
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Suncity Projects Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL1996PTC083915. Its GSTIN is 07AABCS8906K1Z1 (Delhi). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹1,500 Cr and a paid-up capital of ₹318.8 Cr. It was formerly known as Suncity Projects Limited. It is led by directors Varun Aggarwal and Laxmi Narain Goel.
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 Lgf – 10 Vasant Square Mall Plot – A Sector – B Pocket – V Community Centre Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2025, the company reported a revenue of ₹421.27 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹75.15 Cr (net margin 17.8%) and EBITDA of ₹120.2 Cr (EBITDA margin 28.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
The company has about 219 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Suncity Projects. As per MCA filings, the company has open charges of ₹671.02 Cr and satisfied charges of ₹7,798.57 Cr on record. Court records list 307 cases involving the company, including 121 filed by the company and 187 filed against it; 56 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 suncityprojects.com.
Company details
Contact details
Suncity Projects Private Limited's registered office is in New Delhi, Delhi. Its website is suncityprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLgf – 10 Vasant Square Mall Plot – A Sector – B Pocket – V Community Centre Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Suncity Projects 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
Suncity Projects operates one associated brand: Suncity Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate developer building townships, apartments, malls, and schools in India. | suncityprojects.com |
Business activity
The main business activity of Suncity Projects 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 Suncity Projects Private Limited, buy the company report.
Financials of Suncity Projects Private Limited
FY 2025 filings availableSuncity Projects Private Limited reported revenue of ₹421.27 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 36% 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 | ₹421.27 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹120.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹75.15 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.5% | ||||
| Net Profit Margin | 17.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Suncity Projects Private Limited, buy the company report.
Board of directors of Suncity Projects Private Limited
Suncity Projects has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Aggarwal | Director | 11 Sep 2017 | 9 Years 1 Months | Current |
| Laxmi Narain Goel | Director | 18 Dec 1996 | 29 Years 10 Months | Current |
Peer comparison
Suncity Projects Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Gigaplex Estate Private Limited | ₹432.33 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Ambience Projects and Infrastructure Private Limited | ₹430.31 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Khadim Development Company Private Limited | ₹428.42 Cr (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| One International Center Private Limited | ₹422.86 Cr (FY 2025) | 44.0% | Mumbai, Maharashtra, India | |||
| Suncity Projects Private Limitedthis company | ₹421.27 Cr (FY 2025) | ₹75.15 Cr | 17.8% | -9.0% | 219 | New Delhi, Delhi, India |
To see the full peer comparison of Suncity Projects Private Limited, buy the company report.
Auditor
Suncity Projects Private Limited is audited by AVRM & ASSOCIATES for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVRM & ASSOCIATES | FY 2025 | 003705N |
Shareholding
The shareholding of Suncity Projects Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suncity Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2025 | 101189864 | Others | ₹100 Cr | Open | |
| 30 Jan 2025 | 101088722 | Others | ₹1.02 Cr | Open | |
| 27 Sep 2024 | 100999531 | Others | ₹140 Cr | Open | |
| 12 Jun 2024 | 100943150 | Others | ₹85 Cr | Open | |
| 11 Oct 2023 | 100791781 | Others | ₹100 Cr | Open |
To see the full charge records of Suncity Projects Private Limited, buy the company report.
Total charge records: 93 View all charges
Legal cases
Suncity Projects Private Limited has 307 court cases on record: 121 filed by Suncity Projects, 187 filed against it. 56 cases are pending and 251 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 187 | 121 | 20 |
| High courts | 99 | 52 | 32 |
| Supreme Court | 21 | 14 | 4 |
Cases on record (5 of 307)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Civil suit | Filed by the company against Santur Developers Pvt. Ltd. and 1 other | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against M/S H & B Stores Ltd | Pending |
| High Court, HARYANA | Revision petition | Filed against the company by M/S Creative Projects and Contracts Pvt Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil suit | Filed against the company by Creative Projects and Contracts Pvt. Ltd. | Pending |
| High Court | Writ petition | Filed by the company against M/S. Ayaan Buildtech Pvt. Ltd. and 1 other | Pending |
To see the full case history of Suncity Projects 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
Suncity Projects Private Limited was last rated by Care on 09 Apr 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Apr 2026 |
To see the full credit ratings and regulatory alerts of Suncity Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Suncity Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Suncity Projects has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Viresh Promoters & Developers Private Limited. | U70109DL2006PTC149674 |
To see the full group structure of Suncity Projects Private Limited, buy the company report.
Employees & EPFO
Suncity Projects Private Limited has a workforce of 219 employees on its EPFO records as of Sep 22, 2025, across 1 active EPFO establishment.
GST
Suncity Projects has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCS8906K1Z1 | Delhi | Active | 01 Jul 2017 |
| 06AABCS8906K1Z3 | Haryana | Active | 01 Jul 2017 |
| 08AABCS8906K1ZZ | Rajasthan | Active | 01 Jul 2017 |
| 02AABCS8906K1ZB | Himachal Pradesh | Active | 17 Aug 2019 |
To see the full GST registrations and return filing status of Suncity Projects Private Limited, buy the company report.
Recent activity
Suncity Projects Private Limited has 15 board changes on record since 1996: 3 appointments and 12 cessations. The latest: Varun Aggarwal ceased to be Additional Director on 30 Sep 2017.
216 earlier events are in the company report.
Frequently asked questions
Suncity Projects is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 December 1996 (30+ years old) and is registered under CIN U45201DL1996PTC083915.
Suncity Projects has 2 current directors:
- Varun Aggarwal - Director
- Laxmi Narain Goel - Director
The latest financial statements of Suncity Projects 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 Suncity Projects is 07AABCS8906K1Z1, registered in Delhi. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCS8906K1Z3 (Haryana), 08AABCS8906K1ZZ (Rajasthan), 02AABCS8906K1ZB (Himachal Pradesh).
The CIN (Corporate Identification Number) of Suncity Projects is U45201DL1996PTC083915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suncity Projects has 307 court cases on record: 121 filed by the company and 187 filed against it. 56 are pending. Most are in the district courts.
Suncity Projects was incorporated on 18 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Suncity Projects by revenue are Gigaplex Estate Private Limited, Ambience Projects and Infrastructure Private Limited, Khadim Development Company Private Limited, One International Center Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Varun Aggarwal ceased to be Additional Director on 30 Sep 2017. Subhash Chander Aggarwal ceased to be Director on 12 Sep 2017. Varun Aggarwal was appointed as Director on 11 Sep 2017. Suncity Projects has 15 board changes on record in total.
Suncity Projects can be reached through the website suncityprojects.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Suncity Projects is at Lgf – 10 Vasant Square Mall Plot – A Sector – B Pocket – V Community Centre Vasant Kunj, New Delhi, Delhi, India – 110070.