Siddha Group

What Siddha Group does

Siddha Group is a privately held Indian real estate developer founded in 1986, headquartered in Kolkata with regional offices in Mumbai and Jaipur. The company develops residential and commercial properties — high-rise apartments, integrated townships, villas, office spaces, and high-street retail — targeting mid-market to premium homebuyers as well as commercial tenants across a price spectrum from approximately ₹35.48 Lakhs to ₹2.09 Crores per unit. Its signature architectural feature is the rooftop skywalk, pioneered in India and executed at scale (540 ft, 400 ft, and 1.1 km variants across projects). The portfolio includes flagstone brands Siddha Sky (Mumbai/Kolkata), Siddha Galaxia, Siddha Serena, Siddha Seabrook, Siddha Eden LakeVille, Siddha Happyville (Kolkata/Jaipur), Siddha Aangan township, and commercial assets Siddha Magna and Siddha Esplanade.

The business model is principally one-time revenue from the sale of residential and commercial units, with a recurring stream from Common Area Maintenance (CAM) charges on delivered projects. Go-to-market combines direct sales offices in each city, broker and partner referrals, a dedicated NRI Corner service line, and a Razorpay-integrated online booking portal. Distribution is supplemented by content marketing via YouTube, blogs, and an SEO-optimized website. Construction is primarily earthquake-resistant RCC framed structures, with completed projects concentrated in Kolkata and ongoing deliveries through 2024–2026 across all three cities.

Siddha is family-owned, led by Group Chairman Chandra Prakash Jain and Group Managing Director Sanjay Jain, with five additional Jain-family Directors. The company is registered under multiple Indian regulatory frameworks (WBRERA, HIRA, MahaRERA, RajRERA), holds the IGBC Green Champion Award 2019, and has accumulated 25+ industry awards including the 2018-19 Most Trusted Real Estate Brand in Eastern India designation. All projects are registered with the relevant State RERA authority, and the company operates with 501–1,000 employees.

Name

Siddha Group

Legal name

Siddha Group

Website

https://siddhagroup.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Siddha Group is a privately held Indian real estate developer founded in 1986, building residential apartments, integrated townships, and commercial projects across Kolkata, Mumbai, and Jaipur for mid-market to premium homebuyers and NRI investors.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (2372)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

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

Keywords

• Residential real estate development
• Commercial property development
• Luxury apartments India
• Integrated township projects
• Rooftop skywalk architecture

Headquarters

HQ city

Kolkata

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Residential Property Sales: Primary revenue from sale of residential apartments and villas across projects in Mumbai, Kolkata, and Jaipur. Properties range from 1 BHK to 7 BHK units with prices starting from ₹35.48 Lakhs to ₹2.09 Crores.
2. Commercial Property Sales: Revenue from commercial retail spaces such as Siddha Magna in Mumbai (high-street retail destination with units ranging 260-1500 sq ft) and Siddha Esplanade in Kolkata.
3. Maintenance Charges (CAM): Common Area Maintenance (CAM) charges collected from residents for upkeep of facilities, mentioned in booking forms and nomination requests.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Siddha Group is an Indian real estate developer that builds and sells residential and commercial properties across Mumbai, Kolkata, and Jaipur. Its portfolio spans premium high-rise apartments, integrated townships, lake-facing villas, and boutique commercial retail spaces, supported by NRI investment advisory services and a digital booking platform. The company differentiates through pioneering rooftop skywalks and earthquake-resistant construction across all projects.

Product overview

Siddha Group is a premier Indian real estate developer established in 1986, offering a diversified portfolio of residential and commercial projects across Mumbai, Kolkata, and Jaipur. The product portfolio is organized as a platform of distinct branded projects rather than a unified software product. Core residential projects include premium high-rise towers with signature rooftop skywalks (Siddha Sky Mumbai/Kolkata, Siddha Galaxia), luxury lake-facing and township communities (Siddha Eden LakeVille, Siddha Serena), and integrated township offerings (Siddha Aangan encompassing Siddha Happyville and Siddha Aangan – Mayur). Commercial projects include Siddha Esplanade and Siddha Magna retail destination. Supporting services include NRI investment advisory and a digital booking/portal platform. The company's differentiating feature is its pioneering rooftop skywalk concept across multiple projects, complemented by lifestyle amenities including clubs, pools, and landscaped open spaces. Projects are registered under respective state RERA authorities (RERA, WBRERA, HIRA, WBRERA) and are targeted at mid-segment to luxury buyers.

Differentiator

Problem solved

Functional benefit

Brands

• Siddha Sky: Luxury residential project featuring rooftop skywalk amenities, located in Kolkata near EM Bypass.
• Siddha Serena
• Siddha Galaxia
• Siddha Happyville
• Siddha Aangan
• Siddha Happyville-Jaipur
• Siddha Sky Mumbai
• Siddha Seabrook
• Siddha Magna
• Siddha Eden Lakeville

Products and services

• Siddha Sky Mumbai Premium 2 and 3 BHK residential project in Wadala, Mumbai, featuring a 400-ft rooftop skywalk, over 25 rooftop amenities, and more than 4 acres of open green spaces across multiple towers in Mumbai's eastern growth corridor.
• Siddha Sky Kolkata Luxury apartment project off EM Bypass in Kolkata featuring Kolkata's tallest rooftop skywalk spanning 540 feet across three towers at 340 feet height, with a 1,080-foot joggers' track, premium club amenities, and 2, 3, and 4 BHK units.
• Siddha Galaxia Luxury residential project in Newtown, Kolkata featuring the world's longest rooftop skywalk at 1.1 km adjoining 8 towers, a 43,000 sq ft premium residents' club, and 2, 3, and 4 BHK apartments near City Center 2.
• Siddha Serena Premium residential project in New Town, Kolkata, with 3 towers rising to G+32 floors, 67% open space, a 26,000 sq ft clubhouse, and 2, 3, and 4 BHK variants with dual access from Rajarhat and New Town.
• Siddha Eden LakeVille Lake-facing residential project in North Kolkata featuring an 18-acre natural lake, gated community planning, rooftop skywalk, observatory deck, water sports zones, and jogging tracks on BT Road with access to Noapara Metro.
• Siddha Happyville Kolkata Modern 3 BHK apartment project in Rajarhat, Kolkata, one of the largest residential gated complexes with wide landscaped greens, 3-side-open apartments, and a 30,000 sq ft residents' club with pool, gym, theater, and games room. Starting price ₹65 Lakhs.
• Siddha Happyville Jaipur Luxury 3 BHK villa community within Siddha Aangan township on Ajmer Road, Jaipur, featuring a nature-inspired community with an exclusive clubhouse including mini theatre, library, gymnasium, swimming pool, and badminton court. Starting price ₹72 Lakhs.
• Siddha Aangan Mayur Part of Siddha Aangan fully integrated township on Ajmer Road, Jaipur, offering 2 and 3 BHK spacious apartments with access to township amenities. Starting price ₹35.48 Lakhs.
• Siddha Seabrook Completed 57-story residential tower in Kandivali (W), Mumbai, the tallest in the area, featuring Smart 2 BHK, Premium 2 BHK, and 3 BHK homes with Sky Gardens on every 5th floor and a luxury clubhouse. Starting price ₹1.69 Cr.
• Siddha Magna Boutique high-street retail destination in Wadala, Mumbai—Wadala's first and only boutique high-street retail destination—offering retail spaces from 260 to 1,500 sq ft with modern layout, dedicated parking, 16 ft wide walkways, and 24/7 power supply.
• Siddha Esplanade Commercial project in Kolkata located at 6 Jawaharlal Nehru Road, Kolkata 700013, recognized with multiple awards for office and commercial space excellence.
• NRI Investment Services Dedicated services for Non-Resident Indians seeking property investment in India, including guidance on RBI permissions, documentation requirements, payment modes (NRE/FCNR/NRO accounts), and loan options from Indian financial institutions across projects in Mumbai, Jaipur, and Kolkata.

Quantifiable outcome

• 35+ years of experience with 25+ awards
• +1 more outcomes

Named customers2 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

Integration2 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Kolkata Municipal CorporationminorOthers · 5 June 2018Government partnership for World Environment Day celebrations and water conservation initiatives. Shri Sovan Chatterjee (Mayor) and Shri Debasish Kumar (MMIC) participated in events.
• iKure Techsoft Private LimitedminorOthers · 6 March 2018Partner for health screening awareness camps at construction sites, collaborated for health check-ups at Siddha Suburbia.
• CPYWA (Cossipore Prudential Youth Welfare Association)minorOthers · 26 July 2015Environment awareness organization partnered for anti-plastic campaigns and tree plantation drives on B.T. Road, planting 1250 trees.
• Sejal RealtycoreStrategic or Co-development PartnerSejal Realty partnered with Siddha Group for Siddha Magna Mumbai project, focusing on society and SRA projects for infrastructure redevelopment in Mumbai.
• Agrawal & Agarwal (Jay Prakash Agrawal)coreTechnology or IntegrationLeading architectural practice led by Jay Prakash (gold medalist from MS University, Baroda 1986) known for green buildings and landmark projects like Infinity, Technopolis, and Belair. Designed Siddha Esplanade and other projects.
• StarOm GroupminorStrategic or Co-development PartnerPremier realty company under Shri Vishal Jhajharia, coming up with projects in LIG, MIG, luxury residential, commercial, retail and industrial spaces.
• Spring City GroupminorStrategic or Co-development PartnerLeading real estate developer in East India focusing on residential and commercial projects with principles of innovation and reliability.
• Sankara NethralayaminorOthersPartner for eye camps - organizes 10-12 eye camps annually reaching nearly 3000 people in and around Kolkata.
• Mission for VisionminorOthersTechnical partner for eye camps providing ophthalmic care services.
• Karma KutirminorOthersWomen empowerment organization - Siddha Foundation supports their vocational training for deprived women including embroidery, beautician and Taekwondo courses.
• Architect Zameer BasraicoreTechnology or IntegrationRenowned architect who designed Siddha Sky Mumbai - described as 'The Extraordinary Design' in project marketing.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Prestige Group: Large Indian residential and commercial developer with multi-city operations and premium apartment projects. Direct comparable to Siddha Group given overlap in residential for-sale products, brand-led marketing, and presence across major Indian cities.
• Godrej Properties: Pan-Indian residential developer known for premium and mid-segment housing across multiple cities with strong brand recognition. Closely comparable to Siddha in operating model (develop and sell residential projects) and multi-city geographic strategy.
• Macrotech Developers (Lodha): One of India's largest residential developers with extensive Mumbai presence and expanding footprint in other cities. Comparable to Siddha in product mix (premium apartments, townships) and target customer segments, though considerably larger in scale.
• Oberoi Realty: Mumbai-focused premium residential and commercial developer. Comparable to Siddha Group in luxury positioning, integrated township model, and emphasis on architectural amenity differentiators.
• Shapoorji Pallonji Real Estate: Indian developer with multi-city residential and commercial projects targeting mid-to-premium segments. Comparable business model to Siddha Group, including construction quality positioning and integrated developments.
• Brigade Group: South India-headquartered real estate developer with diverse portfolio across residential, commercial, and hospitality. Comparable in project diversity and premium positioning, though geographically concentrated in South India versus Siddha's East/West India focus.
• Kalpataru Limited: Mumbai-based real estate developer with residential projects spanning luxury and mid-segment categories. Comparable to Siddha's Mumbai-focused projects (Siddha Sky, Siddha Seabrook, Siddha Magna) and premium positioning strategy.

Broad incumbents

• DLF Limited: India's largest real estate developer with national presence across luxury, mid-segment, and commercial properties. Comparable business model as a residential and commercial developer, though orders of magnitude larger and publicly listed.

Regional players

• Merlin Group: Kolkata-based residential and commercial real estate developer with multi-project portfolio in East India. Direct regional peer to Siddha Group given overlapping East India focus and similar mid-to-premium apartment positioning.
• PS Group: Kolkata-headquartered real estate developer with residential and commercial projects in Eastern India. Comparable to Siddha Group in regional market, product mix (apartments, townships), and target customer segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/siddhagroup
• Facebookfacebook.com/SiddhaGroup

Compliance6 records

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 Siddha Group