What Manglam Group does

Manglam Group (legal entity: Manglam Build Developers Ltd) is a privately held, Jaipur-headquartered real estate developer founded in 1996 and reporting approximately ₹1,000 crore ($115-120M USD) in turnover. The company operates across four primary revenue streams: (i) residential real estate development — 2/3/4 BHK apartments, villas, plotted developments and townships in gated communities; (ii) commercial real estate — offices, retail and mixed-use high-street destinations; (iii) hospitality — through subsidiary Manglam Spa & Resorts Pvt Ltd, operating Westin and Sheraton-branded hotels and Fern Habitat serviced apartments under management contracts with Marriott International; and (iv) ancillary verticals including the Funkingdom entertainment and Medicity healthcare infrastructure businesses. Its go-to-market is a sales-led, direct-to-customer model with on-site sales offices, a corporate sales office at Apex Mall (Tonk Road, Jaipur), website, blog content, and active social media presence across Facebook, Instagram, YouTube, X and LinkedIn. The customer base spans individual middle-class-to-affluent homebuyers seeking RERA-compliant housing, commercial investors (with products offering up to 6% assured rental returns and ~₹25,000 monthly yields on serviced apartments), and corporate/business tenants. Geographic presence spans 15+ cities across Rajasthan (Jaipur, Alwar, Bikaner, Jhunjhunu, Udaipur, Bhilwara, Neemrana) plus Goa.

The company is at an inflection point, executing a ₹1,000 crore, five-year hospitality investment roadmap. Notable recent project capital deployments include The Westin Jaipur Kant Kalwar Resort & Spa (₹300 crore, launched Dec 2025, Marriott's 200th property in India), Summit Signature Sangam commercial development (₹400 crore joint venture with Sangam India Limited, launched Mar 2026), the 220-key Sheraton Hotel on Jaipur-Ajmer Highway (₹350 crore, third Marriott collaboration, announced Jun 2026), and the Manglam PinkWest high-street destination (13 lakh sq ft, ₹300 crore in sales within months of launch). Key strategic alliances are concentrated with Marriott International (multi-project) and Sangam India Limited (commercial JV). Ownership is family-controlled with no disclosed institutional investors, external funding rounds, or public-market activity. There are no disclosed proprietary technology platforms, APIs, or AI/ML capabilities — the firm's differentiation is grounded in 30+ years of regional brand trust, an established project-execution track record (80+ delivered projects, 35,000+ families served), and exclusive hospitality brand partnerships.

Name

Manglam Group

Legal name

Manglam Build Developers Ltd

Website

https://manglamgroup.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

Manglam Group is a Jaipur-headquartered, privately held real estate developer founded in 1996, delivering residential, commercial, hospitality, healthcare and entertainment projects across 15+ cities in Rajasthan and Goa, with reported ₹1,000 crore turnover.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Residential real estate development
• Commercial property development
• Luxury villa apartments
• Hospitality property development
• Township development projects

Headquarters

HQ city

Jaipur

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development: Revenue from development and sale of residential apartments, villas, plots, townships, and commercial spaces across Rajasthan and select other cities in India.
2. Hospitality Operations: Revenue from owned and operated hospitality properties including The Westin Jaipur Kant Kalwar Resort & Spa and serviced apartments under Fern Habitat brand, operated under management contracts with Marriott International.
3. Entertainment & Recreation: Revenue from Funkingdom entertainment vertical offering recreational facilities and family entertainment centers.
4. Healthcare Infrastructure: Revenue from Medicity healthcare infrastructure vertical developing medical facilities and health-related real estate.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Manglam Group develops, markets, and sells residential apartments, luxury villas, plotted developments, integrated townships, and commercial real estate across Rajasthan and select other Indian cities. It also invests in and co-develops hospitality properties operated under Marriott International brands (Westin, Sheraton, Fern Habitat), and operates the Medicity healthcare real estate vertical and the Funkingdom entertainment vertical as adjacent businesses.

Product overview

Manglam Group is a Rajasthan-based real estate developer operating a diversified portfolio of residential, commercial, and hospitality products across 15+ cities. The product portfolio includes residential apartments (2/3/4 BHK flats) in projects like Manglam Aananda, Manglam Garden City, and Manglam Anantara; commercial spaces including PinkWest premium high-street destination, Summit Signature Sangam office complex, and PinkSignature corporate offices; luxury villas and farmhouses at Manglam The Villas, Manglam Anantara, and Manglam Serene Valley; and hospitality projects including The Westin Jaipur Kant Kalwar Resort & Spa, Sheraton Jaipur Hotel, and Fern Habitat serviced apartments through Marriott International partnerships. The group also operates healthcare (Medicity) and entertainment (Funkingdom) verticals. With over 80 delivered projects and ₹1,000 crore hospitality investment roadmap, the company positions itself as a full-service real estate ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• Manglam Spa & Resorts: Hospitality division operating hotels and resorts under partnership with Marriott International, including The Westin and Sheraton brands.
• Medicity
• Funkingdom

Products and services

• Manglam PinkWest Premium high-street commercial destination on Ajmer Road, Jaipur, spanning 13 lakh sq. ft. combining retail spaces, corporate offices, and a 225-room luxury hotel, targeting Jaipur's expanding western corridor near Heerapura–Sikar Road Expressway.
• Summit Signature Sangam Rs 400 crore commercial real estate development on Ajmer Road, Jaipur in partnership with Sangam India Limited, spanning over 11,500 square yards with ground-plus-three-floor office spaces starting from 1,100 sq ft, targeting corporate offices, multinational companies, and retail businesses.
• PinkSignature Premium corporate office destination within the PinkWalk development in Jagatpura, Jaipur, featuring dedicated elevators, two basement parking levels, FTTH connectivity, MDU-enabled internet, fitness center, exclusive clubhouse, and recreational amenities for corporate tenants.
• The Westin Jaipur Kant Kalwar Resort & Spa Super luxury resort with 135 rooms on 9 acres developed at approximately Rs 300 crore investment, featuring 7 event venues, Balinese-inspired sustainable architecture, and wellness facilities aligned with The Westin Six Pillars of Well-Being, operated under management contract by Marriott International.
• Sheraton Jaipur Hotel 220-key Sheraton Hotel on Jaipur-Ajmer Highway (NH-48) developed at Rs 350 crore investment across 3+ lakh sq. ft., the group's third collaboration with Marriott International, designed to reflect Rajasthani culture while delivering Sheraton hospitality standards, targeting weddings, events, and business tourism.
• Fern Habitat Serviced Apartments Serviced apart'hotel brand with 200+ units being developed by Manglam Group as part of its hospitality expansion, offering monthly rental yields of approximately Rs 25,000 to commercial investors.
• Manglam The Villas Luxury villa community on Ajmer Road near Mahindra SEZ offering 4 BHK spacious villas with private gardens and modern architecture in a secure gated community with premium amenities.
• Manglam Anantara 4 BHK luxury villas on Ajmer Road designed as per Vastu Shastra, featuring spacious layouts, landscaped gardens, and premium amenities in a secure gated community.
• Manglam Garden City Gated community township in Mansarovar Extension, Jaipur offering 3 and 4 BHK luxury apartments with 20+ amenities and a 22,000 sq ft clubhouse, Vastu-compliant with spacious layouts.
• Manglam Aananda Premium residential apartments in Mansarovar Extension, Jaipur offering 2, 3, and 4 BHK units with high-end amenities including clubhouse, gym, swimming pool, yoga room, kids play area, CCTV surveillance, and intercom facilities.
• Manglam Rambagh (Neemrana) Plotted development in Neemrana on the main Jaipur-Delhi Highway featuring European architecture with amenities including clubhouse, swimming pool, garden area, basketball court, steam sauna, and mini plex.
• Manglam Airport City Plotted development in Jaipur offering plots in different sizes near the airport, HDFC bank approved, suitable for constructing dream homes.
• Manglam Serene Valley Farmhouse project on Delhi Road, Jaipur spanning 110 Bigha, offering spacious farm living in a planned environment.
• Medicity Healthcare vertical of Manglam Group developing medical facilities and health-related real estate infrastructure.
• Funkingdom Entertainment and leisure vertical of Manglam Group offering recreational facilities and family entertainment centers.

Quantifiable outcome

• ₹300 crore in sales for Pink West commercial project within a few months of launch
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Marriott InternationalcoreStrategic or Co-development Partner · 24 June 2026Manglam Group has partnered with Marriott International to develop hospitality projects under the Sheraton and Westin brands. This includes a ₹350 crore Sheraton Hotel on Jaipur-Ajmer Highway (third collaboration) and The Westin Jaipur Kant Kalwar Resort & Spa (Marriott's 200th property in India). Marriott operates these properties under management contracts while Manglam provides the investment and real estate development expertise.
• Sangam India LimitedcoreStrategic or Co-development Partner · 18 March 2026Manglam Group and Sangam India Limited jointly launched Summit Signature Sangam, a ₹400 crore commercial real estate development on Ajmer Road, Jaipur. The project spans over 11,500 square yards with ground-plus-three-floor development offering office spaces starting from 1,100 sq ft, targeting corporate offices, multinational companies, and retail businesses.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Kalpataru Group: Diversified Indian real estate and infrastructure developer with residential, commercial, and hospitality exposure across multiple states. Comparable portfolio breadth and forward integration into hospitality, though with materially larger national scale and EPC infrastructure exposure.
• DLF Limited: India's largest listed real estate developer with residential, commercial, and hospitality assets nationally. Comparable as a benchmark incumbent; the aspirational scale competitor to which regional developers like Manglam are exposed as institutional capital flows to branded national players.
• Sobha Limited: Listed Indian real estate developer with integrated residential, commercial, and contracting operations. Comparable on back-end self-sufficiency and project execution, though at materially larger scale and listed-company governance.
• Brigade Group: Listed South India-based diversified real estate developer with residential, commercial, hospitality, and education verticals. Comparable multi-vertical ecosystem strategy and hospitality exposure, though concentrated in southern rather than western India.
• Mahindra Lifespace Developers: Listed Indian residential developer with a national footprint and ESG-branded integrated townships. Comparable as a residential-for-sale builder, with stronger brand, sustainability credentials, and institutional governance that Manglam lacks.
• Prestige Group: Large listed Indian developer with residential, commercial, retail, and hospitality (including branded hotels) exposure. Comparable for its hospitality-adjacent real estate strategy and multi-vertical integration, though at substantially greater scale and national reach.

Regional players

• Eldeco: North India-focused mid-sized developer with townships and plotted developments across UP, Haryana, and NCR. Comparable in township-led, mid-income residential strategy but operating in geographies that largely do not overlap with Manglam's Rajasthan focus.

Direct peers

• Vatika Group: Jaipur-headquartered real estate developer with diversified residential, commercial, and township projects across North India. Directly comparable regional peer operating in overlapping Rajasthan micro-markets with a similar mid-sized, family-controlled profile.
• Ashiana Housing: Listed mid-sized Indian residential developer focused on affordable and mid-income housing, particularly in Rajasthan, Haryana, and NCR. Comparable in scale, customer segment, and regional focus, with a more institutionalized public-market governance profile.
• Kolte-Patil Developers: Listed mid-sized Indian residential and township developer with a strong regional focus and comparable scale to Manglam. Similar for-sale builder model, with publicly disclosed financials and a more diversified multi-state footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/manglamgroup
• YouTubeyoutube.com/@ManglamBuildDevelopersLtd
• Facebookfacebook.com/manglamgroup
• LinkedInlinkedin.com/company/manglam-build-developers-limited
• Instagraminstagram.com/manglam_group

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Manglam Group