GTM Group

What GTM Group does

GTM Group (legal name: GTM Builders & Promoters Pvt. Ltd.) is a privately held Indian real estate developer founded in 2004 and headquartered in New Delhi, with primary operations across North India. The company develops and promotes residential, commercial, and mixed-use properties including apartments, villas, malls, hotels, and entertainment destinations in Dehradun, Gurugram, Nainital, Bhagalpur, and Jaipur. Its customer base spans individual mid-market homebuyers, Non-Resident Indians (NRIs), SMEs, start-ups, and multinational corporations, reached through a multi-channel go-to-market combining on-site project sales offices, a telesales/inside-sales team, broker and agent networks, and celebrity-endorsed project launch events. The company currently reports 9 completed projects, 5 under construction, and 1 upcoming, supported by 51-100 employees.

The business operates on three revenue streams: one-time property sales of completed and under-construction developments, recurring property leasing of commercial and retail spaces (notably Lavana Mall and Work Food and Entertainment City), and professional services including investment advisory and end-to-end transaction management. Notable commercial assets include the PPP-backed City Centre GTM Business Centre developed with the Government of Uttarakhand, Lavana Mall, WFECity (featuring a Smaaash entertainment centre), the under-construction 1st Mall & Hotel in Bhagalpur, and an upcoming Health & Wellness Mall in Jaipur. Residential offerings span 1BHK to 4BHK configurations across projects such as GTM Forest & Hills, GTM Forest Lavana, The Capital, Signature Tower, and Blessed Floors. The company has a PPP with the Government of Uttarakhand and relationships with celebrities including Harbhajan Singh, Sri Sri Ravi Shankar, Soha Ali Khan, and Sharmila Tagore for brand positioning.

GTM Group operates as a traditional real estate developer without proprietary technology platforms, mobile applications, APIs, or disclosed AI/ML capabilities. Ownership is founder/management-controlled with no disclosed institutional investors, private equity backing, or parent company, and the company is not publicly listed. The leadership team comprises Mr. Tushar Kumar as Visionary Leader and Mr. Nitin Kapoor as Managing Director. Revenue, employee headcount, and detailed financial metrics are not publicly disclosed.

Name

GTM Group

Legal name

GTM Builders & Promoters Pvt. Ltd.

Website

https://gtm.co.in

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

GTM Group (GTM Builders & Promoters Pvt. Ltd.) is a privately held Indian real estate developer founded in 2004, building residential, commercial, and mixed-use properties across North India for individual homebuyers, NRIs, SMEs, and corporate clients, with 9 completed and 5 under-construction projects.

Ownership category

akta.pro rank

Product category

Real Estate Development

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Real Estate Strategy & Portfolio Consulting (Corporate/Institutional) (BPAJANAB), Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Residential real estate development
• Commercial property development
• Property leasing services
• Real estate investment advisory
• PPP infrastructure projects

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development and Sales: GTM Group develops residential, commercial, and industrial properties for direct sale to buyers. Revenue is generated through one-time property sales of completed and under-construction projects including apartments, villas, commercial spaces, malls, and hotels.
2. Property Leasing: The company offers property leasing services for commercial and retail spaces within their developments such as Lavana Mall and Work Food and Entertainment City.
3. Investment Advisory and Transaction Management: GTM Group provides property investment advisory services and end-to-end transaction management including buying, selling, and leasing support.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

GTM Group develops, markets, sells, and leases residential and commercial real estate across India, spanning 1-4 BHK apartments, independent floors, holiday cottages, retail malls, hotels, and mixed-use entertainment destinations. The firm also provides property investment advisory and end-to-end transaction management (buying, selling, leasing) to individual homebuyers, NRIs, investors, start-ups, SMEs, and multinational corporations. Its portfolio includes PPP projects with the Government of Uttarakhand.

Product overview

GTM Group is a real estate development company offering a diversified portfolio of residential and commercial properties across India. The company specializes in property leasing, buying, selling, and investment advisory, and end-to-end transaction management. Their residential portfolio includes completed projects like GTM Forest & Hills, GTM Forest Lavana, The Capital, and ongoing/upcoming developments like Signature Tower, Blessed Floors, and affordable housing initiatives. Commercial offerings include retail malls (Lavana Mall, 1st Mall Bhagalpur), entertainment destinations (Work Food and Entertainment City with Smaaash), and specialized wellness malls. The company operates across Delhi, Haryana (Gurugram), Uttarakhand (Dehradun, Nainital), Bihar (Bhagalpur), and Rajasthan (Jaipur).

Differentiator

Problem solved

Functional benefit

Products and services

• GTM Residency Tower Completed residential tower located in Sector-1, Gurugram, Haryana, offered to individual buyers and investors.
• GTM Forest & Hills Completed residential project offering 1 BHK, 2 BHK, and 3 BHK apartments with clubhouse, swimming pool, gymnasium, and landscaped gardens on NH-72, Mohkampur, Haridwar Road, Dehradun.
• GTM Forest Lavana Ready-to-move residential project offering 1 BHK studio flats and 2 BHK apartments on NH-72, Dehradun, with a 10,000 sq.ft. clubhouse, children's play area, swimming pool, golf carts, and 24-hour security.
• Exclusive Floors Completed residential independent-floor project in Sector 23, Gurugram, Haryana, offered to individual buyers.
• The Capital-Phase 1 Ready-to-move residential complex spanning 4.5 acres on Sahastradhara Road, Dehradun, offering 1 BHK, 2 BHK, and 4 BHK configurations (554 flats) with clubhouse, gymnasium, 24x7 water supply, and parking.
• The Capital-Phase 2 Upcoming second phase residential development on R-3 & R-4, Residential Sector, IIE IT Park, Sahastradhara Road, Dehradun.
• GTM Holiday Cottages Completed holiday cottage project in Mukteshwar, Nainital, Uttarakhand, targeted at second-home and weekend-retreat buyers.
• Grand 37C Residential project located in Grand 37 C, Sector 37C, Gurugram, Haryana 122006.
• Signature Tower Under-construction luxury residential tower, part of the Forest Lavana project on NH-72, Dehradun, targeted at premium residential buyers.
• Work Food and Entertainment City (WFECity) Completed commercial entertainment destination on Rajpur Road, Clock Tower, Dehradun, featuring Smaaash entertainment centre with bowling and virtual reality gaming attractions, leased to entertainment and food operators.
• Lavana Mall Completed retail and commercial mall on NH-72, Mohkampur, Haridwar Road, Dehradun, offered as retail leasing space and shopping destination.
• 1st Mall & Hotel, Bhagalpur Under-construction shopping mall and hotel on Swami Vivekanand Path, Adampur Chowk, Bhagalpur, Bihar, bringing retail, food, and entertainment to the area; targeted at retail tenants, hotel guests, and shoppers.
• Health & Wellness Mall Upcoming wellness-focused commercial mall in Sanganer, Pratap Nagar, Jaipur, Rajasthan, designed as a comprehensive destination for preventive healthcare, fitness, and wellness services.
• Property Investment Advisory and Transaction Management Service offering covering investment advisory, buying, selling, and leasing transaction support for individual buyers, NRI investors, and corporate clients across GTM's portfolio markets.
• Proposed Low Cost Housing Upcoming affordable housing project planned across Dehradun (Uttarakhand), Bihar, and Jharkhand, targeted at lower-income homebuyers.
• Blessed Floors Upcoming residential project in Tallital, Near Parwati Prema Jagati School, Nainital (Uttarakhand) offering 1 BHK apartments with gym and golf cart amenities.

Quantifiable outcome

• 22+ years of industry experience delivering projects across multiple states
• +1 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• Uttarakhand Lions (Golf Premier League)minorStrategic or Co-development Partner · 10 February 2013GTM Group co-owns the Uttarakhand Lions franchise team in the Inaugural Golf Premier League (GPL) held at Aamby Valley, partnered with Indian cricketer Harbhajan Singh and NNI. This partnership positions GTM in the sports and lifestyle entertainment segment.
• Harbhajan SinghminorGTM or Marketing Partner · 10 February 2013Indian cricketer (Harbhajan Singh, 'Turbo') co-owner of Uttarakhand Lions Golf Premier League team along with GTM Group. Featured at multiple GTM project launches including Smaaash entertainment centre inauguration at WFECity.
• Government of UttarakhandcoreStrategic or Co-development PartnerPublic-Private Partnership (PPP) with Govt. of Uttarakhand for developing City Centre GTM - Business Centre in Dehradun. This landmark project represents a shared vision to create a modern, integrated business destination under government collaboration.
• SmaaashminorStrategic or Co-development PartnerSmaaash, a renowned entertainment and leisure brand, launched its newest centre at Work Food & Entertainment City (WFECity) in Dehradun. The facility features bowling and virtual reality gaming attractions.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• DLF Limited: DLF is India's largest real estate developer with a pan-India residential, commercial, and retail portfolio. Comparable to GTM as a broad incumbent in the same overall industry, though DLF operates at significantly larger scale and broader geographic reach.
• Macrotech Developers (Lodha): Macrotech Developers (Lodha Group) is one of India's largest listed real estate developers. Comparable to GTM as a broad incumbent in residential and commercial development, though at vastly larger scale, broader geographies, and stronger brand recognition.
• Godrej Properties: Godrej Properties is a pan-India listed developer covering residential and commercial developments across metros and Tier-2 cities. Comparable to GTM in residential plus commercial portfolio, but operates at significantly larger scale with institutional backing.

Direct peers

• Ansal API (Ansal Properties & Infrastructure): Ansal API is a North India-focused developer with residential townships and commercial projects. Comparable to GTM in regional focus, multi-state footprint, and integrated residential/commercial developments in Tier-2 markets.
• Eldeco Group: Eldeco is a North India developer with strong presence in UP, Uttarakhand, Haryana, and NCR. Comparable to GTM in geographic overlap (especially Dehradun and Haryana), mid-market residential positioning, and integrated township model.
• Gaurs Group: Gaurs Group is a Delhi NCR developer focused on residential and commercial projects in North India. Comparable to GTM in geographic focus, mixed-use developments, and Tier-1/2 city residential plus commercial portfolio.
• Supertech Limited: Supertech is a Delhi NCR-based developer with residential and commercial projects in UP and Uttarakhand. Comparable to GTM in geographic overlap, residential high-rise focus, and Tier-2 market exposure including Uttarakhand.
• Panchsheel Buildtech: Panchsheel Buildtech is a Delhi NCR-based developer focused on residential projects in North India. Comparable to GTM in mid-market residential positioning, North India geographic focus, and similar scale of project portfolio.
• Superhomes (Wave City / Wave Infratech): Wave City is a North India developer with township projects across UP and NCR region. Comparable to GTM in integrated township model, mid-market positioning, and residential plus commercial mixed-use developments.
• Omaxe Limited: Omaxe is a Delhi-based real estate developer focused on Tier-2/3 cities and PPP projects across North India. Directly comparable to GTM in geographic focus, PPP expertise, and mid-market residential plus commercial portfolio.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/gtmbuildergroup
• YouTubeyoutube.com/channel/UCOUWD5hUQOLwpv8zBnD64-g
• Facebookfacebook.com/gtmbuildersgroup
• LinkedInlinkedin.com/company/gtm-builders-&-promoters-pvt-ltd-
• Instagraminstagram.com/gtm_builders_india

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 GTM Group