Veer Global Infraconstruction

What Veer Global Infraconstruction does

Veer Global Infraconstruction Limited (VGIL) is a publicly listed Indian real estate developer incorporated in 2010 and headquartered at Nallasopara East, Maharashtra. The company develops and sells residential apartments — and to a lesser extent commercial units and ground-floor shop spaces — across the Mumbai metropolitan periphery, with project concentration in Vasai-Virar (50%), Palghar-Boisar (30%), and Mumbai (20%). Its active project portfolio includes VEER ONE (a 23-storey tower in Vasai East launched in 2020), VEER 5, VEER 9, and VEER 11 in Umroli East, and Panchali C & D Wing in Boisar, offering configurations from 1RK studios (~410 sq.ft) to 2BHK units (~1,040 sq.ft) in the affordable-luxury segment.

The business operates a direct-sales model with no channel partners: customers transact via walk-in at the corporate office, WhatsApp, or referrals, supported by a minimal website. Revenue is recognized on a one-time-sale basis at project hand-over or during construction-linked payment plans. There is no proprietary technology stack — VGIL executes traditional build-and-sell development, relying on location selection, land acquisition, and integrated project management rather than technology differentiation. As a BSE-listed entity that migrated from the SME platform to the BSE main board in June 2025, VGIL carries SEBI LODR compliance obligations, RERA-registered projects, and a public shareholder base, but the company remains founder-controlled with no disclosed private equity or strategic investor.

Name

Veer Global Infraconstruction

Legal name

Veer Global Infraconstruction Limited

Website

https://veergloballtd.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Veer Global Infraconstruction Limited (VGIL) is a BSE-listed Indian real estate developer founded in 2010, building and selling affordable-luxury residential apartments and limited commercial units across the Vasai-Virar, Palghar, and Mumbai suburban corridor in Maharashtra.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Residential Building Construction (23611)

SIC

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

akta.pro primary industry

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

akta.pro secondary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Residential property development
• Affordable housing construction
• Commercial real estate
• Apartment buildings
• Real estate developer

Headquarters

HQ city

Palghar

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Sales: One-time sale of residential apartments and commercial units. Revenue generated from property sales at project completion or during pre-launch/construction phases.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Veer Global Infraconstruction Limited is a real estate developer that builds and sells residential apartments (1RK, 1BHK, and 2BHK configurations) and commercial properties primarily in the Vasai-Virar, Palghar, and Mumbai regions of Maharashtra, India. The company handles the full development lifecycle from land identification and acquisition through planning, design, construction, and direct sales of units in projects such as VEER ONE, VEER 5, VEER 9, VEER 11, and Panchali C & D Wing.

Product overview

Veer Global Infraconstruction Ltd (VGIL) is a real estate developer offering residential properties across the Mumbai metropolitan region. The company operates a portfolio of housing projects including VEER ONE (premium 23-storey tower in Vasai East), VEER 5, VEER 9, VEER 11 (all in Umroli East/Palghar-Boisar area), and Panchali C & D Wing (in Boisar). Projects range from affordable 1RK apartments to spacious 2BHK units, with configurations typically between 410-1040 Sq.Ft. The company entered the real estate market in 2010 and has expanded across Vasai, Virar, Umroli, Boisar, and Shahada.

Differentiator

Problem solved

Functional benefit

Products and services

• VEER ONE Premium residential project in Vasai East featuring a 23-storey tower with 1BHK and 2BHK configurations marketed as affordable luxury homes. Targeted at middle-class families and individuals seeking homeownership or investment in the Vasai-Virar corridor.
• VEER 9 Residential development in Umroli East offering 1RK, 1BHK, and 2BHK apartments with areas ranging from 410 to 1,040 sq.ft, targeted at middle-class home buyers and investors in the Palghar-Boisar micro-market.
• VEER 5 Residential development in Umroli East offering 1RK and 1BHK apartments with areas ranging from 410 to 640 sq.ft, targeted at middle-class home buyers in the Palghar-Boisar corridor.
• VEER 11 Residential project in Umroli East offering 1RK, 1BHK, and 2BHK apartments with areas ranging from 410 to 1,040 sq.ft, targeted at home buyers and investors in the Umroli East micro-market.
• Panchali C & D Wing Residential development in Boisar West featuring a G+4 storey building with 1RK and 1BHK apartments, areas ranging from 410 to 640 sq.ft, targeted at middle-class home buyers in the Boisar micro-market with possession available from May 2020.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Ashiana Housing: Indian listed developer focused on affordable and mid-market residential housing. Comparable to VGIL in its emphasis on middle-class end-user buyers and value-for-money positioning in tier-1/tier-2 corridors.
• Marathon Group: Mumbai-based residential and commercial developer with active presence in suburban and emerging Mumbai micro-markets. Comparable to VGIL in its focus on Mumbai Metropolitan Region mid-market housing and direct-sales model.
• Shriram Properties: Listed Indian residential developer focused on mid-market and affordable housing across southern and western India. Comparable in scale, listing history, and product positioning to VGIL.
• Lok Housing and Construction: Maharashtra-focused residential developer with similar product mix of affordable and mid-market housing. The geographic and product overlap makes it a closely comparable regional peer to VGIL.
• Praxis Homes: Mumbai-based residential developer focused on affordable housing in the Mumbai Metropolitan Region. Direct overlap with VGIL's Vasai-Virar/Palghar corridor and end-user customer base.

Broad incumbents

• Kolte-Patil Developers: Listed Indian real estate developer with significant Maharashtra presence (Pune/Mumbai) and a similar mid-market, affordable-luxury housing positioning. Larger than VGIL but operates in overlapping suburban corridors.
• Oberoi Realty: Mumbai-focused listed developer with premium and mid-market residential projects. Overlaps with VGIL in the Mumbai end-user market but operates primarily in upscale segments.
• Lodha Group (Macrotech Developers): Largest listed Indian residential developer with deep Mumbai footprint. Indirect overlap with VGIL's customer pool of Mumbai employment center commuters, though operates at a significantly larger scale.
• Godrej Properties: Pan-India listed developer with significant Mumbai and Pune residential portfolios. Comparable in end-customer demographics but at substantially larger scale and broader geographic reach.
• Sunteck Realty: Mumbai-focused listed developer with both luxury and mid-market residential projects. Comparable to VGIL in Mumbai metropolitan footprint but operates at a larger scale and broader price spectrum.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Veer Global Infraconstruction