Romell Group
Est. 1990 · Mumbai, Maharashtra · Privately held · Mumbai & MMR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Romell Group?
Borivali–Goregaon belt specialist delivering consistent mid-premium redevelopment towers.
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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 Romell 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
Romell Group in Numbers
Romell Group is a privately held developer founded in 1990, headquartered in Mumbai, Maharashtra, active mainly in Mumbai & MMR. We rate it 3.4/5 overall — mixed — which ranks 135th of the 212 developers we profile and ahead of 33% of them.
Benchmarking
How Romell Group Compares
Each rating against all 212 developers we profile and the 24 in Mumbai & MMR.
| Rating | Romell Group | Mumbai & MMR average | Better than |
|---|---|---|---|
| Construction quality | 3.3/5 | 3.5/5 | 32% of developers |
| Delivery record | 3.2/5 | 3.3/5 | 33% of developers |
| Customer satisfaction | 3.2/5 | 3.3/5 | 33% of developers |
| Financial strength | 3.1/5 | 3.3/5 | 33% of developers |
| Trust | 3.4/5 | 3.5/5 | 33% 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 Romell Group Project?
Romell 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 Romell 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
Dependable in its home belt; limited scale keeps risk local and checkable.
Portfolio
Notable Projects
Key Romell Group projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Romell Group: FAQs
Is Romell Group a good builder? ＋
We rate Romell Group 3.4/5 overall — mixed. Dependable in its home belt; limited scale keeps risk local and checkable.
Is Romell Group a listed company? ＋
No. Romell Group is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Romell Group deliver on time? ＋
Romell 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 Romell Group completed? ＋
Romell Group has not published a completed-project count that we could verify.