Sikka Group
Est. 1986 · Noida, UP · Privately held · Delhi NCR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Sikka Group?
Noida builder whose flagship Kaamna Greens and other SPVs entered insolvency proceedings.
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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
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: 40% of towers delivered within 6 months of committed date.
Diligence
Litigation, Compliance & Financials
Litigation history
NCLT insolvency admitted on key SPVs; buyer associations active in proceedings.
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
Sikka Group in Numbers
Sikka Group is a privately held developer founded in 1986, headquartered in Noida, UP, active mainly in Delhi NCR. We rate it 2.3/5 overall — high-risk — which ranks 208th of the 212 developers we profile and ahead of 2% of them. Its strongest area is trust (2.3/5) and its weakest is delivery record (1.9/5).
Benchmarking
How Sikka Group Compares
Each rating against all 212 developers we profile and the 62 in Delhi NCR.
| Rating | Sikka Group | Delhi NCR average | Better than |
|---|---|---|---|
| Construction quality | 2.2/5 | 3.2/5 | 1% of developers |
| Delivery record | 1.9/5 | 2.9/5 | 3% of developers |
| Customer satisfaction | 2.1/5 | 2.9/5 | 2% of developers |
| Financial strength | 2/5 | 2.9/5 | 2% of developers |
| Trust | 2.3/5 | 3.1/5 | 2% of developers |
Buyer guidance
Should You Buy a Sikka Group Project?
Sikka Group carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, compare the promised and actual completion dates of its last few projects on the state RERA portal, 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 Sikka 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.
- Delivery record: compare the promised and actual completion dates of its last few projects on the state RERA portal.
The bottom line
Our Verdict
Avoid new bookings; existing buyers should organise within CIRP processes.
Portfolio
Notable Projects
Key Sikka Group projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Sikka Group: FAQs
Is Sikka Group a good builder? ＋
We rate Sikka Group 2.3/5 overall — high-risk. Avoid new bookings; existing buyers should organise within CIRP processes.
Is Sikka Group a listed company? ＋
No. Sikka Group is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Sikka Group deliver on time? ＋
Sikka Group has delivered 40% of its towers within six months of the committed date, and we rate its delivery record 1.9/5.
How many projects has Sikka Group completed? ＋
Sikka Group has not published a completed-project count that we could verify.
Does Sikka Group have litigation or RERA issues? ＋
NCLT insolvency admitted on key SPVs; buyer associations active in proceedings.