
Turnstone Realty LLP
About Turnstone Realty LLP
Data last updated:
Turnstone Realty LLP is a limited liability partnership (LLP) based in Mohali, Punjab, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 July 2020 and has been in existence for over 6 years.
The LLP is registered with the Registrar of Companies (ROC), Chandigarh, under LLPIN AAS-9788. Its GSTIN is 03AAQFT3429A1ZG (Punjab). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹2 Lakh. It is led by designated partners Gulzarinder Singh Chahal and Amar Prabhu Goyal.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at SCO.67 Sector 82 Jlpl Industrial Estate Sas Nagar, Mohali, Punjab, India – 140055.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹136.88 Cr, a decline of 9% compared to the previous year.
The LLP is associated with 1 brand: Turnstone Realty. As per MCA filings, the LLP has open charges of ₹27.5 Cr on record.
Company details
Contact details
Turnstone Realty LLP's registered office is in Mohali, Punjab.
- Registered AddressSCO.67 Sector 82 Jlpl Industrial Estate Sas Nagar, Mohali, Punjab, India – 140055
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Turnstone Realty operates one associated brand: Turnstone Realty. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A real estate company developing residential and commercial properties. | turnstonerealtyllp.com |
Financials of Turnstone Realty LLP
FY 2024 filings availableTurnstone Realty LLP reported revenue of ₹136.88 Cr (down 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | |||
| Other Income | |||
| Total Income | |||
| Purchases and Direct Costs | |||
| Personnel Expenses | |||
| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | |||
| Profit Transferred to Partners | |||
| Assets and Liabilities | |||
| Partners' Contribution | |||
| Reserves and Surplus | |||
| Secured Loans | |||
| Unsecured Loans | |||
| Trade Payables | |||
| Other Liabilities and Provisions | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Loans and Advances | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | |||
| Return on Partners' Funds | |||
| Return on Assets | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Debt to Partners' Funds | |||
| Interest Coverage | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Turnover Growth | |||
| Profit Growth | |||
To see the full financial statements and ratios of Turnstone Realty LLP, buy the company report.
Designated partners of Turnstone Realty LLP
Turnstone Realty has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gulzarinder Singh Chahal | Designated Partner | 20 Jul 2020 | 6 Years 3 Months | Current |
| Amar Prabhu Goyal Also directs: Turnstone Hotels Private Limited, Meydan Infra LLP, Vijeta Infracon Private Limited and 1 more | Designated Partner | 20 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Turnstone Realty LLP is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Divyasree Tarbus Builders Private Limited | ₹137.2 Cr (FY 2024) | 5.0% | Bangalore, Karnataka, India | |||
| Reliable Exports (India) Private Limited | ₹137.16 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| MPG Hotels and Infrastructure Ventures Private Limited | ₹136.99 Cr (FY 2025) | -17.0% | Thiruvananthapuram, Kerala, India | |||
| Omaxe Garv Buildtech Private Limited | ₹136.95 Cr (FY 2025) | 1022.0% | New Delhi, Delhi, India | |||
| Snowflower Properties Private Limited | ₹136.88 Cr (FY 2023) | 1438.0% | Pune, Maharashtra, India | |||
| Turnstone Realty LLPthis company | ₹136.88 Cr (FY 2023) | -9.0% | Mohali, Punjab, India | |||
| Rajesh Cityspaces Private Limited | ₹136.68 Cr (FY 2018) | 1083.0% | Mumbai, Maharashtra, India | |||
| Dhruva Woollen Mills Private Limited | ₹136.5 Cr (FY 2023) | -61.0% | Mumbai, Maharashtra, India | |||
| Green Bay Infrastructure Private Limited | ₹136.36 Cr (FY 2025) | 76.0% | New Delhi, Delhi, India | |||
| Akd Engineering & Infra Private Limited | ₹136.11 Cr (FY 2024) | 8553.0% | Vasai, Maharashtra, India | |||
| Logix Infra Developers Private Limited | ₹135.74 Cr (FY 2024) | 4596.0% | Delhi, India |
To see the full peer comparison of Turnstone Realty LLP, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101084058 | Bajaj Housing Finance Limited | ₹25 Cr | Open | |
| 22 Feb 2025 | 101056026 | Axis Bank Limited | ₹2.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Turnstone Realty LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Turnstone Realty LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Turnstone Realty has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAQFT3429A1ZG | Punjab | Active | 20 Nov 2020 |
| 03AAQFT3429A2ZF | Punjab | Active | 25 Mar 2022 |
To see the full GST registrations and return filing status of Turnstone Realty LLP, buy the company report.
Recent activity
Turnstone Realty LLP has 2 designated partner changes on record since 2020: 2 appointments. The latest: Amar Prabhu Goyal was appointed as Designated Partner on 20 Jul 2020.
Frequently asked questions
Turnstone Realty is an active limited liability partnership based in Mohali, Punjab, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 July 2020 (6+ years old) and is registered under LLPIN AAS-9788.
Turnstone Realty has 2 current designated partners:
- Gulzarinder Singh Chahal - Designated Partner
- Amar Prabhu Goyal - Designated Partner
The latest financial statements of Turnstone Realty on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Turnstone Realty is 03AAQFT3429A1ZG, registered in Punjab. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAQFT3429A2ZF (Punjab).
The LLPIN (Limited Liability Partnership Identification Number) of Turnstone Realty is AAS-9788. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Turnstone Realty was incorporated on 20 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Turnstone Realty by revenue are Divyasree Tarbus Builders Private Limited, Reliable Exports (India) Private Limited, MPG Hotels and Infrastructure Ventures Private Limited, Omaxe Garv Buildtech Private Limited, Snowflower Properties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Amar Prabhu Goyal was appointed as Designated Partner on 20 Jul 2020. Gulzarinder Singh Chahal was appointed as Designated Partner on 20 Jul 2020.
The registered office of Turnstone Realty is at SCO.67 Sector 82 Jlpl Industrial Estate Sas Nagar, Mohali, Punjab, India – 140055.
Turnstone Realty operates in the real estate and construction industry, in the real estate builders and developers segment.
Turnstone Realty has open charges of ₹27.5 Cr and no satisfied charges on record as per latest MCA filings.

