PropertyNivesh — Property Intelligence
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Chandak Group

Est. 1986 · Mumbai, Maharashtra · Privately held · Mumbai & MMR

🗓Published·Updated·Edited by Rakesh Mahajan

★★★★★ 3.5 Proceed with caution

Company overview

Who is Chandak Group?

Western-suburbs specialist (Juhu to Kandivali) with steady mid-premium redevelopment output.

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Completed projects (not disclosed)

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Sq ft delivered (not disclosed)

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Ongoing projects (not disclosed)

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Upcoming projects (not disclosed)

Our ratings

Builder Score Card

We have published one overall judgement for Chandak Group rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.

Construction quality 68/100
Delivery record 66/100
Customer satisfaction 66/100
Financial strength 64/100
Trust 70/100

On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.

At a glance

Chandak Group in Numbers

Chandak Group is a privately held developer founded in 1986, headquartered in Mumbai, Maharashtra, active mainly in Mumbai & MMR. We rate it 3.5/5 overall — mixed — which ranks 106th of the 212 developers we profile and ahead of 44% of them.

Benchmarking

How Chandak Group Compares

Each rating against all 212 developers we profile and the 24 in Mumbai & MMR.

Rating Chandak Group Mumbai & MMR average Better than
Construction quality 3.4/5 3.5/5 43% of developers
Delivery record 3.3/5 3.3/5 45% of developers
Customer satisfaction 3.3/5 3.3/5 44% of developers
Financial strength 3.2/5 3.3/5 44% of developers
Trust 3.5/5 3.5/5 44% of developers

Where a builder has not been separately assessed on a dimension, the figure shown is derived from its overall rating. It is a like-for-like comparison, not five independent judgements.

Buyer guidance

Should You Buy a Chandak Group Project?

Chandak Group carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.

Check before you book

  1. RERA registration and quarterly progress for the exact project and tower you are buying.
  2. Credit ratings and company filings, because Chandak Group is privately held and does not publish audited results.
  3. That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
  4. Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.

The bottom line

Our Verdict

Competent suburban redeveloper; verify society-consent status on redevelopment buys.

Portfolio

Notable Projects

Key Chandak Group projects as the builder publishes them. None has a PropertyNivesh research page yet.

Chandak Cornerstone Chandak 49 Ideal Chandak Treesourus Chandak Highscape City

Questions

Chandak Group: FAQs

Is Chandak Group a good builder? +

We rate Chandak Group 3.5/5 overall — mixed. Competent suburban redeveloper; verify society-consent status on redevelopment buys.

Is Chandak Group a listed company? +

No. Chandak Group is privately held, so detailed financials are not published; check credit ratings and company filings where available.

Does Chandak Group deliver on time? +

Chandak Group has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.

How many projects has Chandak Group completed? +

Chandak Group has not published a completed-project count that we could verify.

Compare Chandak Group against another builder →