What we do Prime Property Development Corporation Limited specializes in high-end real estate projects including residential apartments, malls, and commercial properties mainly in Mumbai's western suburbs. |
Founded in 1,992 |
Market share Known for upscale urban development with landmark projects such as Prime Square, Prime Beach, and Prime Avenue in prime Mumbai locations. |
Problem solved Provides quality, large-scale residential and commercial spaces addressing the demand for luxury and retail properties in Mumbai. |
Top clients or who we serve Serves urban residential buyers, retail businesses, and commercial tenants primarily in Mumbai; operates in B2C and B2B sectors. |
Key management - |
Our journey and innovations Started real estate in 2002; expanded with iconic projects and acquired Sea-King Club Pvt. Ltd. in 2010; completed key residential projects including Juhu in 2025. |
Where we operate Mainly Mumbai's western suburbs including Bandra to Goregaon; has developed projects in Pune as well. |
Top products or what we offer Luxury residential apartments, large retail shops, showrooms, offices, and multiplex shopping malls like Prime Mall Pune. |
Top brands Prime Square, Prime Tech Park, Prime Beach, Prime Centre, Prime Plaza, Prime Avenue, Prime Mall Pune. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical, driven by property sales and project completions. |
Our industry position Recognized as a quality urban property developer with strategic locations and upscale offerings. |
Financial highlights FY 2024-25 standalone revenue Rs. 7.81 crore, net profit Rs. 2.69 crore; consolidated business income Rs. 10.66 crore. |
Geographical revenue split Primarily Mumbai and Pune, Maharashtra, India. |
Order book - |
Whats driving growth Completion and sale of residential flats in subsidiaries, recovery in real estate demand, and planned expansion projects. |
Our future plans Focus on completing existing projects, selling flats, and utilizing profits for company expansion. |
Our green promise - |
Our people and values - |
Key challenges ahead Market conditions affecting property sales and construction timelines could impact profitability. |
Interesting facts Developed luxury properties with 9000+ sq ft commercial units and obtained occupancy certificate for Juhu residential project in 2025. |
Risks and strategy Risks include real estate market fluctuations; addressing via project timely completion and diversified property portfolio. |
