Ratna Group
Est. 1990 · Ahmedabad, Gujarat · Privately held · Ahmedabad & Gujarat
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Ratna Group?
Mid-size Gujarat builder with residential and commercial projects across Ahmedabad.
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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 Ratna Group rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.
On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.
At a glance
Ratna Group in Numbers
Ratna Group is a privately held developer founded in 1990, headquartered in Ahmedabad, Gujarat, active mainly in Ahmedabad & Gujarat. We rate it 3.1/5 overall — mixed — which ranks 169th of the 212 developers we profile and ahead of 19% of them.
Benchmarking
How Ratna Group Compares
Each rating against all 212 developers we profile and the 10 in Ahmedabad & Gujarat.
| Rating | Ratna Group | Ahmedabad & Gujarat average | Better than |
|---|---|---|---|
| Construction quality | 3/5 | 3.4/5 | 18% of developers |
| Delivery record | 2.9/5 | 3.3/5 | 20% of developers |
| Customer satisfaction | 2.9/5 | 3.3/5 | 19% of developers |
| Financial strength | 2.8/5 | 3.4/5 | 19% of developers |
| Trust | 3.1/5 | 3.6/5 | 19% 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 Ratna Group Project?
Ratna 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
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Ratna Group is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
Local mid-tier; project-level diligence over brand reliance.
Portfolio
Notable Projects
Key Ratna Group projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Ratna Group: FAQs
Is Ratna Group a good builder? ＋
We rate Ratna Group 3.1/5 overall — mixed. Local mid-tier; project-level diligence over brand reliance.
Is Ratna Group a listed company? ＋
No. Ratna Group is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Ratna Group deliver on time? ＋
Ratna 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 Ratna Group completed? ＋
Ratna Group has not published a completed-project count that we could verify.