Clover Realty
Clover Realty is a privately held Indian real estate developer founded in 1974 by the Tapia family, delivering plotted communities, low-rise condominiums, and NA plotting projects across six Indian cities and the UAE, serving individual homebuyers via direct sales.
- Company typePrivate
- Founded1974
- HeadquartersPune, India
- Headcount—
- GTM typeB2C
- OfferingServices
What Clover Realty does
Clover Realty is an Indian real estate development company founded in 1974 by the Tapia family, headquartered in Pune with a registered office in Mumbai. The company has developed more than 5 million sq. ft. across 50+ projects, with an active residential pipeline including the 50-acre Clover Windermere plotted community in Shirwal, the 10-acre Clover Casablanca low-rise condominium development in Talegaon-Sate, and the 3-acre Clover Casa30 NA plotting project. The group maintains direct sales and operational presence across six Indian cities — Mumbai, Pune, Bangalore, Chennai, Gurgaon, and Ahmedabad — and has extended internationally via Delfina Properties LLC in the UAE.
Beyond core real estate, Clover operates two non-real-estate subsidiaries that diversify the group's revenue base. Clover Solar Pvt. Ltd., founded in 2008, is a solar PV installer serving both captive demand on Clover developments and external commercial clients. Clover Infotech is a technology consulting subsidiary serving 150+ clients, providing IT services rather than real estate products. The group employs approximately 300 people across its operations.
The business model is project-based B2C real estate development: Clover acquires land, obtains development approvals, constructs residential and mixed-use projects, and sells plots or units directly to individual homebuyers via its own multi-city sales force. Revenue is recognized on project completion and booking under Indian accounting standards, which produces lumpy annual results driven by the timing of project handovers. The group holds ISO 9001:2006, ISO 14001:2001, and OHSAS 18001:2007 certifications, indicating formalized quality, environmental, and occupational health and safety management systems. No revenue, ARR, or booking figures are publicly disclosed.
Clover Realty firmographics
Firmographics- Name
- Clover Realty
- Legal name
- Clover Realty & Infrastructure Pvt. Ltd.
- Website
- https://cloverrealty.in
- Company type
- Private
- Founded year
- 1974
- Operating status
- Operating
- Short description
- Clover Realty is a privately held Indian real estate developer founded in 1974 by the Tapia family, delivering plotted communities, low-rise condominiums, and NA plotting projects across six Indian cities and the UAE, serving individual homebuyers via direct sales.
- Ownership category
- akta.pro rank
Clover Realty industry classification
Industry- Product category
- Residential Real Estate Development
- NAICS
- Land Subdivision (23721)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC)
- akta.pro secondary industries
- Land Brokerage (Raw Land & Development Sites) (FSAEAJAD), Land & Development Site Brokerage (BPAJABAG)
Keywords
Where Clover Realty is headquartered
LocationHeadquarters
- HQ city
- Pune
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Clover Realty business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Residential Real Estate Sales: Sale of residential units including apartments (1 BHK, 2 BHK, 3 BHK), plots, and bungalows in gated communities
- Commercial and Retail Development: Development and sale of commercial and retail spaces across 50+ projects
- Solar Energy Solutions: Turnkey solar photovoltaic project consulting and system integration services through Clover Solar Pvt. Ltd.
- Technology Consulting: Technology consulting, application implementation, middleware services and database management through Clover Infotech
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | NA Plot Development - Clover Casa30 |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Clover Realty product offering
Product offeringCore offering
Clover Realty is a real estate developer that designs, builds, and sells residential and commercial properties across India and the UAE. Since 1974, the company has delivered over 5 million sq. ft. of prime real estate across 50+ projects including apartments, gated plot communities, low-rise condominiums, bungalow schemes, and commercial/retail spaces. The company also operates subsidiaries providing solar photovoltaic solutions and technology consulting services.
Product overview
Clover Realty is a real estate development company operating since 1974, with three main residential projects: Clover Windermere (50-acre gated plot community in Shirwal), Clover Casablanca (10-acre low-rise condominiums in Talegaon-Sate), and Clover Casa30 (3-acre NA plotting development). The company also has subsidiaries in technology (Clover Infotech), solar energy (Clover Solar), and operates across Mumbai, Pune, Bangalore, Chennai, Gurgaon, Ahmedabad, and UAE.
Differentiator
Problem solved
Functional benefit
Brands
- Clover Windermere: 50-acre gated plots development at Shirwal along Pune Satara Highway, lakefront property
- Clover Casablanca
- Clover Casa30
Products and services
- Clover Windermere
Companies that use Clover Realty
Customer profileSegments2 records
Ideal customer profiles3 records
Clover Realty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Clover Realty partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights4 records
Clover Realty competitors and assessment
Company assessmentBroad incumbents
- Lodha Group (Macrotech Developers): India's largest listed residential real-estate developer by sales, focused primarily on Mumbai Metropolitan Region luxury and premium projects. Comparable on product and customer base; differentiated by scale and public capital access.
- DLF Limited: Largest Indian real-estate developer by historical area developed, with national presence across residential, commercial and retail. Competitor at the broad incumbent level for land sourcing and customer brand recognition.
- Godrej Properties: Listed national real-estate developer backed by the Godrej Group, active in Mumbai, Pune, Bangalore, Delhi NCR and Chennai. Comparable on multi-city residential development and on national brand-led sales distribution.
- Tata Housing Development Company: Pan-India residential developer backed by Tata Group, delivering plotted, apartment and integrated township projects. Comparable on quality standards, brand-led premium pricing and multi-city footprint.
Direct peers
- Prestige Group: Bangalore- and pan-India residential, commercial and plotted development company with a similar mix of gated communities and integrated townships. Comparable on product portfolio breadth and South/West India focus.
- Oberoi Realty: Mumbai-focused listed luxury residential developer with marquee commercial assets. Comparable on the Mumbai customer base and premium residential positioning, though scale is much larger than Clover.
- Mahindra Lifespace Developers: Mumbai- and Chennai-listed developer of plotted developments, integrated townships and residential apartments across India. Comparable on mid-premium residential and integrated-township product mix.
- Kolte-Patil Developers: Pune-headquartered listed real-estate developer with a comparable product mix spanning plotted developments, integrated townships, and residential apartments across Pune, Mumbai and Bangalore. Most direct comparable to Clover Realty given shared Western Maharashtra base and mid-premium positioning.
- Brigade Group: Bangalore-headquartered developer delivering residential plotted developments, apartments, commercial and retail projects across South India. Comparable on mid-premium residential mix and multi-format product strategy.
- Sobha Limited: Bangalore-based listed developer with backward-integrated construction capabilities delivering plotted, apartment and villa projects. Comparable on in-house design and construction execution model analogous to Clover's 300-person in-house team.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Clover Realty social profiles
Digital presenceClover Realty compliance and trust
Trust signalCompliance3 records
Clover Realty financial estimates
Financial estimateRevenue estimate
Valuation estimate
Clover Realty leadership team
Management profileNumber of profiles
Profiles6 records
Clover Realty subsidiaries and ownership
Company hierarchySubsidiaries2 records
Clover Realty funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Clover Realty M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Clover Realty
What does Clover Realty do?
Clover Realty is a real estate developer that designs, builds, and sells residential and commercial properties across India and the UAE. Since 1974, the company has delivered over 5 million sq. ft. of prime real estate across 50+ projects including apartments, gated plot communities, low-rise condominiums, bungalow schemes, and commercial/retail spaces. The company also operates subsidiaries providing solar photovoltaic solutions and technology consulting services.
Is Clover Realty a public or private company?
Clover Realty is a private company. It is classified as family owned and is currently operating.
When was Clover Realty founded?
Clover Realty was founded in 1974.
Where is Clover Realty based?
Clover Realty is headquartered in Pune, India, in the Asia region.
How does Clover Realty make money?
Four revenue lines are on record. Residential Real Estate Sales are the primary driver. The others are commercial and Retail Development, solar Energy Solutions and technology Consulting.
Who are Clover Realty's main competitors?
Broad incumbents on record are Lodha Group (Macrotech Developers), DLF Limited, Godrej Properties and Tata Housing Development Company. Direct peers are Prestige Group, Oberoi Realty, Mahindra Lifespace Developers, Kolte-Patil Developers, Brigade Group and Sobha Limited.
Does Clover Realty have an API?
No public API is recorded for Clover Realty.
What industry is Clover Realty in?
Clover Realty's product category is Residential Real Estate Development. Its primary akta.pro industry code is BPAJANAC, Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support), with a secondary code of FSAEAJAD, Land Brokerage (Raw Land & Development Sites). Its NAICS code is 23721 and its SIC code is 6552.