Maxworth Realty India Ltd Company Profile
Background
Maxworth Realty India Ltd, established in 2008, is a prominent real estate developer headquartered in Bangalore, Karnataka. The company has expanded its operations to cities such as Hubli, Hassan, Shimoga, Mysore, Bijapur, and Ooty, aligning with India's Smart Cities initiative. With a team exceeding 500 employees, Maxworth Realty has developed over 18 projects, encompassing residential layouts, apartments, and commercial buildings. The company's mission is to deliver maximum value to stakeholders—customers, investors, and employees—through humility, ethics, and professionalism.
Key Strategic Focus
Maxworth Realty specializes in developing residential plots, apartments, and commercial spaces. The company leverages the growth of the IT sector to cater to the housing needs of professionals and investors. Its strategic focus includes expanding into emerging smart cities and holiday destinations, ensuring that every customer achieves a healthy return on investment.
Financials and Funding
As of the fiscal year ending March 31, 2019, Maxworth Realty reported a 68.9% decrease in total revenue and a 35.51% decline in net worth. Despite these challenges, the company achieved a 50.95% increase in profit. The authorized share capital stands at ₹5.00 crore, with a paid-up capital of ₹2.00 crore. The company has active open charges totaling ₹19.55 crore and has closed loans amounting to ₹10.26 crore.
Pipeline Development
Maxworth Realty has completed over 20 projects, including commercial buildings, residential layouts, and tech parks. Notable projects include:
- Maxworth Madhura: A boutique project offering 120 homes with panoramic views of Bangalore city.
- Max Seri: A residential development featuring 120 homes with city views.
- Max Abhyudaya: Located in Rajanakunte, this project offers unparalleled residential properties.
- Max Residency: A residential development providing quality living spaces.
The company continues to focus on developing projects in emerging smart cities and holiday destinations.
Technological Platform and Innovation
Maxworth Realty emphasizes implementing benchmarked processes through ISO 9001:2008 accreditation across all facets impacting the construction of homes. This approach aims to boost and sustain growth milestones by ensuring quality and efficiency in project execution.
Leadership Team
- Kesava Kolar: Chairman and Managing Director. Under his leadership, the company has expanded its footprint across Karnataka and into emerging smart cities.
- Keshav Hemalatha: Director. Plays a pivotal role in strategic decision-making and operational oversight.
- Sagar Husseramane: Director. Contributes to the company's growth strategies and project development initiatives.
Leadership Changes
As of the latest available information, there have been no significant recent changes or appointments within the company's leadership team.
Competitor Profile
Market Insights and Dynamics
The Indian real estate market is experiencing growth, driven by urbanization, increased income levels, and government initiatives like the Smart Cities Mission. The demand for residential and commercial properties continues to rise, presenting opportunities for developers.
Competitor Analysis
Key competitors in the Bangalore real estate market include:
- Prestige Group: A leading developer with a diverse portfolio of residential, commercial, and retail projects.
- Sobha Limited: Known for quality construction and timely delivery of residential and commercial projects.
- Brigade Group: Offers a range of residential, commercial, and hospitality projects across South India.
These competitors focus on delivering high-quality projects with modern amenities, posing challenges for Maxworth Realty in terms of market share and customer preference.
Strategic Collaborations and Partnerships
Maxworth Realty has not publicly disclosed significant collaborations or partnerships. The company's growth has been primarily driven by internal strategies and expansion into emerging markets.
Operational Insights
Maxworth Realty's strategic considerations include:
- Market Position: Focusing on emerging smart cities and holiday destinations to tap into new customer segments.
- Competitive Advantages: Leveraging ISO 9001:2008 accreditation to ensure quality and efficiency in project execution.
- Customer Focus: Ensuring healthy returns on investment for customers, including senior citizens, first-time homebuyers, and investors.
Strategic Opportunities and Future Directions
Maxworth Realty aims to:
- Expand into New Markets: Continue growth in emerging smart cities and holiday destinations.
- Enhance Technological Integration: Implement advanced construction technologies to improve project quality and efficiency.
- Strengthen Customer Relationships: Focus on customer satisfaction to build long-term relationships and brand loyalty.
Contact Information
- Website: www.maxworthrealty.com
- Social Media:
- Facebook: Maxworth Realty India Ltd
- Twitter: @MaxworthRealty
- LinkedIn: Maxworth Realty India Ltd
Note: The above contact information is based on publicly available data as of April 29, 2025.