What HCBS Developments Ltd. does

HCBS Developments Ltd. is a privately held, family-owned real estate developer headquartered in Gurugram, India, operating across residential, commercial, and plotted development segments in the Delhi-NCR market. The company runs a multi-segment portfolio that spans ultra-luxury housing (Twin Horizon on Dwarka Expressway, units starting at Rs. 4 crore), affordable housing under the Haryana Affordable Housing Policy (Auroville, 1,210 residences; Sports Ville in Sohna), commercial SCO and retail (Auroville Plaza, Sports Ville Plaza), and DDJAY plotted developments (Glen Wood, Jhajjar). The firm claims over 30 years of operating history (real estate operations since 1996) with 2,000+ delivered units and 2,200+ units under development, and reports a Rs. 700 crore committed investment in Twin Horizon against an estimated Rs. 1,400 crore revenue potential from that project alone.

The company monetizes exclusively through one-time unit sales (residential and commercial) and plotted land sales, with no recurring subscription or leasing revenue disclosed. Construction relies on specialized technical partners, including Indiabuild Infra Private Limited (diaphragm wall execution) and Jindal Stainless (stainless steel rebar supply), with architecture by Morphogenesis for Twin Horizon. Distribution operates through a hybrid model of company-operated sales galleries in Gurugram (MG Road, Sector-104, Sector-102) combined with a formal channel partner empanelment program (RISE Infraventures, Shree Properties, individual brokers) supported by dedicated relationship managers. Marketing spans owned channels (website, blog, LinkedIn, Instagram, Facebook, YouTube) plus earned media in ET Realty, Business Standard, and Times of India, with recognition including the 2025 ET NOW 'Most Trusted Real Estate Brand of the Year' award and 2026 Times Business Icons North honor.

Name

HCBS Developments Ltd.

Legal name

HCBS Developments Ltd.

Website

https://hcbs.co.in

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

HCBS Developments Ltd. is a privately held Gurugram-based real estate developer building residential, commercial, and plotted projects across Delhi-NCR, serving affordable, mid-segment, and luxury homebuyers through direct sales galleries and a channel partner network.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (2372), Nonresidential Building Construction (2362)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

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

Keywords

• Real estate development
• Luxury residential projects
• Affordable housing
• Commercial property sales
• Plotted development

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Sales: HCBS Developments generates primary revenue from the sale of residential units across its portfolio of completed, under-construction, and upcoming projects. Revenue is recognized upon property handover. The company serves end-user homebuyers and investors. Project Twin Horizon alone represents a Rs. 700 crore development investment with estimated revenue potential of Rs. 1,400 crore.
2. Commercial Property Sales: Revenue is generated from the sale of commercial units including retail outlets (SCO spaces) and office spaces in projects such as Auroville Plaza on Dwarka Expressway. Commercial projects span 8.75 acres with features including double-height ground floor units and 16-ft ceilings.
3. Plotted Land Development: Revenue is generated from the sale of plotted developments under the DDJAY scheme (Deen Dayal Jan Awas Yojana) in Jhajjar, Haryana, offering freehold plots targeted at long-term investors and homebuyers seeking land ownership.
4. Affordable Housing: Revenue from government-approved affordable housing projects under the Haryana Affordable Housing Policy, such as Sports Ville in Sohna offering 1BHK and 2BHK apartments on Dwarka Expressway, and Auroville with 1,210 exclusive residences.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels10 records

Core offering

HCBS Developments Ltd. is a Gurugram-based real estate developer that builds, markets and sells residential, commercial and plotted-housing projects across Delhi-NCR. Its portfolio includes ultra-luxury high-rise residences (Twin Horizon), government-policy affordable housing (Auroville, Sports Ville), commercial SCO/retail (Auroville Plaza), and DDJAY plotted developments (Glen Wood), sold to end-user homebuyers, investors and business owners through direct sales galleries and an empanelled channel-partner network.

Product overview

HCBS Developments Ltd. is a real estate developer offering a diversified portfolio of residential and commercial properties across Gurgaon. The company operates across multiple segments including ultra-luxury (Twin Horizon), affordable housing (Auroville, Sports Ville), commercial (Auroville Plaza, Sports Ville Plaza), and plotted developments (Glen Wood DDJAY Plots). Twin Horizon represents their premium ultra-luxury offering with private residences starting from ₹4 crore, while Auroville and Sports Ville serve the affordable housing segment. Commercial operations include Auroville Plaza's retail and SCO spaces. The company maintains projects along key growth corridors including Dwarka Expressway, Sectors 102-103, Sohna, and Jhajjar.

Differentiator

Problem solved

Functional benefit

Products and services

• Twin Horizon Ultra-luxury residential project in Sector 102, Gurugram along Dwarka Expressway, comprising 268 exclusive residential units across two G+34 towers on 5.2902 acres. Includes private lift lobbies, 9-metre wrap-around balconies, three-side open residences with panoramic views, and a 1.15 lakh sq. ft. mega clubhouse with a near-Olympic-size infinity pool, indoor sports arenas and wellness facilities. Units start from Rs. 4 crore.
• Auroville Affordable housing project in Sector 103, Gurugram along Dwarka Expressway, offering 1,210 exclusive residences with 2BHK and 3BHK apartments, community centre, walking plaza and open gym. Developed under Haryana government's Affordable Housing Policy for first-time and budget-conscious homebuyers.
• Auroville Plaza Mixed-use commercial development off Dwarka Expressway in Sector 103, Gurugram, spanning 8.75 acres with 50% open space. Offers premium Shop-Cum-Office (SCO) units in 75 sq. yard and 115 sq. yard formats with double-height ground floors, 16-ft ceilings and 180-degree visibility, aimed at retailers, brands and commercial investors.
• Sports Ville Ready-to-move-in affordable housing project in Sohna, New Gurugram, offering 1BHK and 2BHK apartments with basement space, fire-protection system, central air conditioning and power backup. Legally sanctioned under Haryana government's Affordable Housing Policy and located adjoining GD Goenka University on Sohna Road.
• Glen Wood DDJAY (Deen Dayal Jan Awas Yojana) plotted development in Sector 29, Jhajjar, Haryana. Offers freehold plots with focus on quality infrastructure groundwork and on-site development, targeted at long-term investors and homebuyers seeking flexible land ownership for custom-built homes.
• Sports Ville Plaza Completed commercial project component within the Sports Ville development.

Quantifiable outcome

• Diaphragm wall construction completed in 2.5 months vs industry norm of 4+ months for similar-scale projects
• +4 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Indiabuild Infra Private LimitedcoreStrategic or Co-development Partner · 19 June 2026HCBS Developments collaborated with Indiabuild Infra Private Limited for diaphragm wall foundation work at its Twin Horizon residential project in Sector 102, Gurugram. The project completed 545 metres of diaphragm wall at 18 metres depth in record time of 2.5 months, credited to coordination between HCBS and Indiabuild Infra.
• Jindal StainlesscoreStrategic or Co-development Partner · 19 May 2026HCBS Developments partnered with Jindal Stainless as the stainless steel supply partner for its Twin Horizon residential project in Gurugram. The project uses Jindal Infinity Stainless Steel Rebars for diaphragm wall and raft foundation applications, positioning HCBS among early adopters of stainless steel rebars in high-rise residential construction in India. Excavation and diaphragm wall work for Tower West has been completed using this material.
• RISE Infraventures LimitedminorChannel Partner/ Reseller/ DistributorHCBS Developments partnered with RISE Infraventures Limited as a channel partner, welcoming Mr. Sachin Gawri as an Esteemed Channel Partner. The collaboration aims to create impactful experiences and redefine the future of real estate distribution.
• Shree Properties (Mr. Tilak Raj and Ms. Rupali Raj)minorChannel Partner/ Reseller/ DistributorHCBS Developments welcomed Mr. Tilak Raj and Ms. Rupali Raj of Shree Properties as esteemed channel partners. The partnership aims to create impactful milestones and redefine the real estate experience for customers.
• MorphogenesiscoreStrategic or Co-development PartnerTwin Horizon was designed by renowned architectural firm Morphogenesis, known for harmonising nature and contemporary aesthetics. The design is inspired by the graceful bough of a tree, blending nature with timeless architectural grace. Morphogenesis is responsible for the project's distinctive architectural vision.

Scale indicators10 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• BPTP Limited: Gurugram-focused real estate developer with a portfolio of residential plotted developments and integrated townships on Dwarka Expressway and Sohna. Comparable to HCBS in land subdivision, plotted development, and mid-segment residential offerings.
• M3M India: High-volume Gurugram-based developer focused on premium and luxury residential plus commercial SCO projects along Dwarka Expressway and Golf Course Road. Directly comparable to HCBS in geography, customer profile (HNI/NRI buyers), and ultra-luxury product positioning.
• Signature Global (Signatureglobal India): Delhi-NCR focused listed developer with strong presence in affordable housing under Haryana's Affordable Housing Policy and DDJAY scheme, plus a growing premium housing portfolio. Overlaps directly with HCBS's Sports Ville, Auroville, and plotted development segments.
• Ansal API: Long-established NCR/Gurugram developer historically active in plotted developments, group housing, and integrated townships. Comparable to HCBS in geographic focus, plotted development DNA, and mid-segment product mix.
• ATS Group: NCR-based developer with a track record of luxury residential projects in Gurugram including high-rise developments along Dwarka Expressway and Golf Course Road. Directly competes with HCBS Twin Horizon for premium HNI buyers.

Broad incumbents

• Sobha Limited: Listed Indian real estate developer known for backward-integrated in-house construction and luxury residential projects, primarily in South India with growing NCR presence. Comparable to HCBS on quality-construction differentiation and premium positioning.
• Tata Housing Development Company: Pan-India developer backed by the Tata Group with premium residential projects across Indian metros. Enters NCR with luxury developments that compete for the same HNI buyer pool as HCBS Twin Horizon, offering stronger brand trust and balance sheet.
• DLF Limited: India's largest listed real estate developer with a dominant footprint across Gurugram and Delhi-NCR including residential, commercial, and retail. Operates a much broader portfolio and capital base than HCBS but competes head-to-head on the same Dwarka Expressway corridor and premium segments.
• Lodha Group (Macrotech Developers): India's largest listed real estate developer by market cap, primarily Mumbai-focused but expanding into NCR with luxury residential projects. A scaled incumbent benchmark for HCBS's ultra-luxury ambitions at Twin Horizon.
• Godrej Properties: Pan-India listed real estate developer from the Godrej Group with a growing NCR presence including projects on Dwarka Expressway. Competes in the luxury segment where HCBS is positioning Twin Horizon, but with significantly deeper capital and brand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@hcbsdevelopmentslimited
• Facebookfacebook.com/hcbsdevelopments
• LinkedInlinkedin.com/company/hcbsdevelopments
• Instagraminstagram.com/hcbsdevelopmentslimited

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 HCBS Developments Ltd.