What Paras Buildtech does

Paras Buildtech India Pvt. Ltd. is a privately held real estate developer founded in 2002 and headquartered at Paras Twin Towers on Golf Course Road, Gurgaon. It operates as the real-estate vertical of the diversified Paras Group, which carries 50+ years of legacy across Dairy, Healthcare, and Hospitality. The company develops residential, commercial, retail, and mixed-use properties across India's National Capital Region, with a footprint spanning Gurgaon, Noida, Meerut, Mohali, and Zirakpur, and a recent expansion into the Delhi-Meerut Namo Bharat corridor.

The company's product portfolio spans ultra-luxury high-rises (The Manor, Paras Quartier), gated mid-premium communities (Paras Irene, Paras Tierea, Paras Dews, Paras Seasons), plotted developments (Paras Estate), commercial office towers (Paras Twin Towers, Paras Downtown Center, Paras Trade Center), retail highstreets and shopping hubs (Paras Avenue, Paras Downtown Square, Paras Arcade 114), and mixed-use ecosystems that integrate hospitality brands such as Ascott's Citadines and IHCL's Ginger. Notable technical and design differentiators include IGBC Platinum-certified sustainable design, 270-degree panoramic architecture at Paras Quartier, EV charging and water conservation systems, and design partnerships with internationally recognised firms such as Hafeez Contractor, HKR Architects, Design Plus, and CRACKNELL. Cumulatively, the company has delivered over 15 million sq. ft. and 6,500+ homes.

Revenue is generated primarily through one-time sales of residential units and commercial spaces, supplemented by hospitality leasing partnerships. The go-to-market is direct-to-consumer, anchored by in-house sales teams at project sites and the corporate office, online enquiry forms, and a dedicated NRI Corner targeting non-resident Indian investors. Pricing is quote-based and not publicly disclosed. Key customer segments are premium and luxury homebuyers, NRI investors, corporate and commercial enterprises, and mid-market families seeking gated-community living.

Name

Paras Buildtech

Legal name

Paras Buildtech India Pvt. Ltd.

Website

https://parasbuildtech.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

251–500 employees

Short description

Paras Buildtech is a privately held North Indian real estate developer building premium residential, commercial, retail, and mixed-use properties across the NCR for luxury homebuyers, NRI investors, and corporate tenants.

Ownership category

akta.pro rank

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Residential Property Sales: Primary revenue from selling residential units including luxury apartments, independent floors, plotted developments, and low-rise communities. Revenue is one-time per unit sale with pricing varying by project, unit type, and location.
2. Commercial Property Sales: Revenue from selling and leasing commercial spaces including office towers, retail high streets, shop-cum-offices (SCO), and mixed-use developments. Targets Fortune 500 companies, multinational corporations, and regional businesses.
3. Hospitality Space Leasing: Revenue from hospitality partnerships including serviced apartments (Citadines by Ascott) and hotels (Ginger by IHCL) integrated into their commercial developments.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Paras Buildtech is a real estate developer that builds and sells residential, commercial, mixed-use, and hospitality properties across North India (Gurgaon, Noida, Meerut, Mohali, Zirakpur). Their portfolio includes luxury high-rises, gated communities, plotted developments, retail highstreets, office towers, and integrated mixed-use projects with partnered hospitality brands such as Ascott's Citadines and IHCL's Ginger Hotel.

Product overview

Paras Buildtech operates as a diversified real estate developer under the Paras Group (5+ decades old), offering a portfolio of residential, commercial, retail, and mixed-use developments across Gurugram, Noida, Meerut, Mohali, and Zirakpur in North India. The product portfolio comprises: (1) Ultra-luxury residential projects including The Manor (IGBC Platinum-certified, Gwal Pahari) and Paras Quartier (43-storey iconic tower with panoramic Aravalli views); (2) Premium high-rise communities such as Paras Irene (Sector 70A) and Paras Dews (Dwarka Expressway, ready-to-move); (3) Low-rise/lifestyle developments including The Florett Enqlave (Sector 59, Gurgaon) with independent floors and plots; (4) Plotted developments like Paras Estate (25-acre, Meerut); (5) Commercial office spaces including Paras Twin Towers (Fortune 500 corporate hub) and Paras Trinity (walk-to-work concept); (6) Retail/hospitality mixed-use projects including Paras Avenue (Noida highstreet), Paras Downtown Square (5.5-acre shopping hub), Paras Square (with Citadines by Ascott apart'hotel), and Paras One33 (with Ginger Hotel by IHCL). The portfolio spans over 15 million sq. ft. delivered across 6,500+ homes with 20+ years of experience, organized into distinct residential, commercial, mixed-use, and hospitality verticals.

Differentiator

Problem solved

Functional benefit

Products and services

• The Manor Luxury residential high-rise development in Gwal Pahari, Gurgaon, featuring two elegant towers with panoramic Aravalli valley views, IGBC Platinum-certified sustainable design, and premium amenities including all-weather pool, professional gymnasium, spa, fine dining, and EV charging stations.
• Paras Quartier Ultra-premium residential development in Gwal Pahari featuring a 43-storey iconic tower and additional condominium tower spread over 10.09 acres with 270-degree panoramic Aravalli views, luxury amenities including infinity pool, business centres, mini movie theatre, and proximity to Paras Trade Centre.
• Paras Estate 25-acre premium plotted development offering open land parcels for custom home construction with future-ready neighborhood amenities including fruit orchards, tennis court, pet park, swimming pool, amphitheatre, and pond.
• Paras Dews Ready-to-move luxury residential development in Sector 106, Dwarka Expressway, Gurugram featuring spacious apartments with premium finishes, gym, cafeteria, badminton court, yoga/aerobics spaces, basketball court, and kids play area.
• Paras Tierea Gated residential community in Sector 137, Noida spanning 30 acres with 2/3/4 BHK, duplex and studio apartments, 70% open and green area, themed landscaping, designed by HKR Architects and DFA.
• Paras Irene Gated luxury community in Sector 70A, Gurgaon with 456 units across 7 towers offering 2/3/4 BHK fully air-conditioned apartments and penthouses, designed by Design Plus with landscaped gardens by Cracknell.
• Paras Seasons Spacious housing society in Sector 168, Noida spread over 7.5 acres with 1094 apartments across 8 towers offering 1/2/3 BHK apartments and duplex units with operational commercial block.
• Paras Panorama Premium apartment community in Mohali-Kharar near Chandigarh featuring a gated community on 5 acres with 260 units across 5 towers, 2 and 3 BHK apartments, swimming pool, gym, library, and kids play area.
• The Florett Enqlave Low-rise luxury mixed-use development in Sector 59, Gurgaon on 6.25 acres featuring independent 2/3/4 BHK floors and plots with Roman-themed design, clubhouse with spa, private theatre, library, banquet hall, multi-cuisine restaurant, and sports facilities.
• Ekam Courtyard Residential development with courtyard-focused design by Paras Buildtech.
• Paras Avenue Premium retail highstreet in Sector 129, Noida with G+6 retail structure, premium high street shops, wide frontage, low maintenance spaces, ample car parking, and multiple food court outlets including Punjab Grill, Bercos, and multiplex.
• Paras Arcade 114 Unique Shop-cum-Office (SCO) plot concept in Sector 114, Gurugram on 3.25-acre land parcel near Dwarka Expressway, RERA registered (GGM/708/440/2023/52).
• Paras Downtown Center Commercial and retail development on Golf Course Road, Gurgaon spanning 1.8 acres with 830+ sqm floor plates designed by Design Plus Architect with excellent natural light penetration.
• Paras Downtown Square Premium shopping and retail hub with 5.5 acres total land area, 31,000+ sqm built-up area, Ground + 3 floors, 1858 sqm food court, and over an acre of open landscaped area with extensive green belts.
• Paras Trade Center Office and shopping arcade in Gurgaon on 3.25 acres adjoining major SEZ with IT firms, Ground + 3 floors, multi-level basement parking, first and only high street retail project in vicinity with double-height shops.
• Paras Trinity Mixed-use hub on Golf Course Extension Road in Sector 63, Gurgaon offering office spaces and retail brands with walk-to-work concept, 929 sqm floor plates, library, and proximity to high-end residences.
• Paras Twin Towers Corporate office destination on Golf Course Road, Gurgaon spanning 2.31 acres with 1300+ sqm floor plates designed by Design Plus, double-height grand atrium, housing Fortune 500 companies and Paras Buildtech's corporate office.
• Paras Square Modern mixed-use development in Sector 63, Gurgaon with ultra-modern studio apartments, retail spaces, and Citadines Paras Square Gurugram by Ascott (CapitaLand Investment) apart'hotel for extended-stay hospitality.
• Paras One33 Low-rise mixed-use development in Sector 133, Noida designed by Hafeez Contractor along Noida Expressway featuring shops, workspaces, Ginger Hotel by IHCL, cafes, and retail stores, RERA registered (UPRERAPRJ5576).

Quantifiable outcome

• Delivered over 15 million sq. ft. of premium developments
• +3 more outcomes

Named customers15 records

Segments4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Ascott (CapitaLand Investment)coreStrategic or Co-development Partner · 5 April 2024Ascott, a Singaporean hospitality company and part of CapitaLand Investment, partnered with Paras Buildtech to launch Citadines Paras Square Gurugram - their first serviced apartments venture in North India. The apart'hotel brings refined hospitality and extended-stay comfort for new-age business travellers, blending relaxation with top-notch services.
• IHCL (Indian Hotels Company Limited)coreStrategic or Co-development Partner · 13 October 2023IHCL launched Ginger hotel at Paras One33, Noida Sector 133 - their fourth property in the city. The lean-luxe hotel seamlessly integrates into the mixed-use development, providing comfortable hospitality options for business travellers, retailers, and visitors to the Paras One33 ecosystem.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• DLF Limited: India's largest real estate developer with extensive residential, commercial, and retail portfolio across NCR including Gurugram. Directly comparable as a premium NCR-focused developer though at substantially greater scale and capital depth than Paras Buildtech.
• Oberoi Realty: Premium Indian real estate developer focused on luxury residential and commercial developments. Comparable in premium/luxury positioning and integrated mixed-use development approach, though primarily Mumbai-focused.
• Tata Housing: Real estate arm of the Tata Group developing residential, commercial, and plotted projects across India including NCR. Comparable in for-sale residential builder model with brand-led trust and multi-city reach.
• Godrej Properties: One of India's leading national real estate developers with strong NCR presence across residential and commercial segments. Comparable as a premium for-sale housing builder with diversified portfolio similar to Paras Buildtech's structure.

Direct peers

• Supertech Limited: NCR-focused real estate developer with residential, commercial, and hospitality projects across Gurugram, Noida, and Greater Noida. Comparable in geographic concentration and for-sale residential model.
• Vatika Group: NCR-focused developer with residential, commercial, and plotted developments across Gurugram and other North Indian cities. Highly comparable in product mix, geography, and mid-to-premium positioning.
• Eldeco Group: North India-focused real estate developer with residential, commercial, and plotted developments across NCR and Tier-2 cities. Comparable in regional focus and plotted/community product offerings similar to Paras Estate.
• Omaxe Limited: North India real estate developer with mixed-use, residential, and commercial projects across NCR, Punjab, and other northern states. Comparable in geographic focus and integrated township/mixed-use product strategy.
• M3M India: Gurugram-based luxury real estate developer specializing in premium residential and commercial projects along Golf Course Road and Dwarka Expressway—same micro-markets as Paras Buildtech with a closely aligned luxury positioning.
• BPTP Limited: NCR-focused real estate developer with significant land bank in Gurugram and Faridabad delivering residential, commercial, and retail projects. Closely comparable in geography, customer segments, and mixed-use product strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Paras Buildtech