Shapoorji Pallonji Real Estate
Est. 1865 · Shapoorji Pallonji Group · Mumbai, Maharashtra · Privately held · National
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Shapoorji Pallonji Real Estate?
The 160-year construction house behind Mumbai icons, selling across luxury (The Imperial) and mid-income (Joyville) brands.
70
Completed projects
40M
Sq ft delivered
25
Ongoing projects
15
Upcoming projects
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: 72% of towers delivered within 6 months of committed date.
Diligence
Litigation, Compliance & Financials
Litigation history
Group-level debt restructuring has been widely reported; project SPVs continue delivering. Monitor group liquidity news.
RERA compliance
Not separately assessed. Verify the specific project’s registration and quarterly progress on the state RERA portal.
Financial strength
Privately held with limited public disclosure — prefer construction-linked payment plans.
At a glance
Shapoorji Pallonji Real Estate in Numbers
Shapoorji Pallonji Real Estate is a privately held developer founded in 1865 by Shapoorji Pallonji Group, headquartered in Mumbai, Maharashtra, active mainly in National. We rate it 3.9/5 overall — dependable, with caveats — which ranks 53rd of the 212 developers we profile and ahead of 75% of them. Its strongest area is construction quality (4.3/5) and its weakest is financial strength (3.4/5).
Benchmarking
How Shapoorji Pallonji Real Estate Compares
Each rating against all 212 developers we profile and the 20 in National.
| Rating | Shapoorji Pallonji Real Estate | National average | Better than |
|---|---|---|---|
| Construction quality | 4.3/5 | 4.1/5 | 88% of developers |
| Delivery record | 3.7/5 | 3.8/5 | 75% of developers |
| Customer satisfaction | 3.7/5 | 3.8/5 | 73% of developers |
| Financial strength | 3.4/5 | 4.1/5 | 59% of developers |
| Trust | 3.9/5 | 4.1/5 | 71% of developers |
Buyer guidance
Should You Buy a Shapoorji Pallonji Real Estate Project?
Shapoorji Pallonji Real Estate is dependable, with caveats. Its weakest area is financial strength, so before booking, check its debt and cash flow, or credit ratings and company filings if it is privately held. Prefer construction-linked payment plans and check the project's RERA progress reports.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Shapoorji Pallonji Real Estate 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
Construction pedigree is unquestioned; group leverage means we prefer near-complete inventory and escrow-clean projects.
Portfolio
Notable Projects
Key Shapoorji Pallonji Real Estate projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Shapoorji Pallonji Real Estate: FAQs
Is Shapoorji Pallonji Real Estate a good builder? ＋
We rate Shapoorji Pallonji Real Estate 3.9/5 overall — dependable, with caveats. Construction pedigree is unquestioned; group leverage means we prefer near-complete inventory and escrow-clean projects.
Is Shapoorji Pallonji Real Estate a listed company? ＋
No. Shapoorji Pallonji Real Estate is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Shapoorji Pallonji Real Estate deliver on time? ＋
Shapoorji Pallonji Real Estate has delivered 72% of its towers within six months of the committed date, and we rate its delivery record 3.7/5.
How many projects has Shapoorji Pallonji Real Estate completed? ＋
Shapoorji Pallonji Real Estate reports 70 completed projects and about 40 million sq ft delivered.
Does Shapoorji Pallonji Real Estate have litigation or RERA issues? ＋
Group-level debt restructuring has been widely reported; project SPVs continue delivering. Monitor group liquidity news.