About
Basic Data Updated:
22 days agoIn 1987, a group of passionate individuals came together to form Sterling Developers Private Limited, a company that would soon become a household name in the real estate industry. From the very beginning, their goal was clear - to create luxurious and premium living spaces for people to call home. And over the years, they have stayed true to their mission, constantly pushing the boundaries of innovation and excellence. Today, Sterling Developers Private Limited is a renowned name in the world of real estate, with a strong presence in Bangalore, Karnataka. The company is primarily engaged in the business of developing and selling all types of immovable properties, including residential and commercial spaces. They are also known for their expertise in buying, selling, and acting as agents for various properties. One of the key areas of focus for Sterling Developers Private Limited is the construction of luxury flats, premium apartments, villas, and commercial complexes. Their projects are a testament to their commitment to quality and attention to detail. Some of their most notable residential projects include Sterling Villa Grande, Sterling Infinia, and Sterling Ascentia, among others. With a team of highly skilled professionals and a customer-centric approach, Sterling Developers Private Limited has earned the trust and loyalty of its clients.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U70102KA1987PTC008245 |
| Company No. | 008245 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 18 Mar 1987 |
| Date of AGM | 15 Nov 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
Products or Services related to Sterling Developers Private Limited
Commercial Construction Service
Financials of Sterling Developers Private Limited
Sterling Developers Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 178.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.84%.
Corporate Structure
Unlock access to Sterling Developers's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Sterling Developers Private Limited
Unlock and access historical data on people associated with Sterling Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
GS
Gowri Sastri
Managing DirectorAppointment Date: 18-Mar-1987
Status: Current
VS
Venkat Sastri Managing DirectorAppointment Date: 18-Mar-1987
Status: Current
Board Members(2)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 09 Dec 2020 | ₹75.00 Cr | Open |
Others Creation Date: 19 Feb 2018 | ₹80.00 Cr | Open |
Others Creation Date: 19 Feb 2018 | ₹120.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sterling Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sterling Developers's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Sterling Urban Developments Private Limited
Active
21 years 11 months Gowri Sastri and Venkat Sastri are mutual person
Sterling Urban Condominiums Private Limited
Active 17 years 12 days Gowri Sastri and Venkat Sastri are mutual person
L.D.C. Holdings Private Limited
Active 39 years 3 months Gowri Sastri and Venkat Sastri are mutual person
Sterling Habitats Private Limited
Active 8 years 11 months Gowri Sastri, Venkat Sastri and 1 more are mutual person
Sterling Urban Ventures Private Limited
Active 8 years 2 months Gowri Sastri and Shweta Sastri are mutual person
Prestige Sterling Infraprojects Private Limited
Active 17 years 29 days Venkat Sastri is a mutual person
Recent activity within the organization
Annual General Meeting
Sterling Developers Private Limited last Annual general meeting of members was held on 15 Nov 2023 as per latest MCA records.
15 Nov 2023Charges
A charge registered on 07 Oct 2019 via Charge ID 100304797 with Others was fully satisfied on 30 Jun 2023.
30 Jun 2023Charges
A charge registered on 07 Oct 2019 via Charge ID 100304798 with Others was fully satisfied on 30 Jun 2023.
30 Jun 2023Charges
A charge with Others of Rs. 80.00 cr registered on 19 Feb 2018 with Charge ID 100163450 was modified on 26 Jun 2023.
26 Jun 2023Charges
A charge with Others of Rs. 120.00 cr registered on 19 Feb 2018 with Charge ID 100163452 was modified on 26 Jun 2023.
26 Jun 2023
Recent News, Updates & Announcement
Sterling Construction to buy Plateau Excavation for 400M.Seeking Alpha 14 Aug 2019
- Work completed on 35m transformation of West Yorkshire tower block.
TheBusinessDesk 12 Dec 2018
- Prestige Group Acquires Majority Stake in Sterling Urban Infraprojects for Rs336 Crore Plans Massive Office Space in Bengaluru Prestige Estates Projects Ltd Shares Dip by 060.
Prestige Group buys 80 of Sterling Urban Infraprojects for Rs336 crore They plan to build a huge office space in Bengaluru Shares of Prestige Estates Projects Ltd went down by 060.
mint 08 Mar 2018
- Kapuskasing Finalizes Agreement to Acquire Sterling Copper Deposit in Newfoundland Labrador.
ACCESSWIRE 22 Aug 2017
Frequently asked questions
What is the Incorporation or founding date of Sterling Developers Private Limited?
