What Ekta World does

Ekta World is a Mumbai-headquartered residential real estate developer founded in 1987 and controlled by the Mohanani family (Chairman Ashok Mohanani; MD & CEO Vivek Mohanani). Across luxury, mid-segment, and affordable tiers, the company has delivered 95+ projects and 21.56 million sq. ft. of residential and commercial space spanning Mumbai's western suburbs (Bandra, Khar, Santacruz, Goregaon, Virar, Chembur, Powai, Juhu, Dadar, Borivali), Pune, and Nashik, housing 15,390+ families. Active development includes 5 ongoing projects and 2 upcoming launches such as The One at Pali Hill (Bandra), Ekta Vistabella (Dadar), Ekta Victoria (Bandra), and EDEN 62 (Juhu). The underlying construction technology is conventional — green building practices, Vaastu-compliant design, premium imported finishes, and home automation in luxury projects — rather than a proprietary platform. Ekta World has been recognized with 30+ industry awards between 2013 and 2025 from bodies including Times Real Estate Conclave, Realty Plus, ET Now, Hindustan Times, and MCHI.

The business model is one-time residential unit sale across three vertical segments — luxury (Bandra/Khar/Santacruz), mid-segment (Goregaon, Chembur), and affordable/township (Virar, Nashik) — supplemented by NRI buyer demand supported through dedicated relationship managers. Pricing is quote-based and project-specific rather than publicly listed. Distribution runs through on-site project sales offices and a RERA-registered channel partner network including HDFC Realty, Knight Frank, Cushman & Wakefield, ANAROCK, ICICI Home Finance, and HDFC Home Loans. Co-development JVs with Shubham Group (Panorama, Chembur), Supreme Universal Builders (Corner View, Bandra West), and Godrej (Godrej Rejuve) extend the pipeline without sole balance-sheet commitment. All ongoing projects are MahaRERA-registered under the Real Estate (Regulation and Development) Act, 2016. The company is privately held with no institutional equity disclosed except a 2014 Brand Capital media-for-equity transaction.

Name

Ekta World

Legal name

Ekta World

Website

https://ektaworld.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

51–100 employees

Short description

Ekta World is a Mumbai-based, family-owned residential real estate developer founded in 1987, delivering luxury, mid-segment, and affordable housing across Mumbai's western suburbs, Pune, Virar, and Nashik, with 95+ projects and 21.56 million sq. ft. delivered to 15,390+ families.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

SIC

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

akta.pro primary industry

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

Keywords

• Residential property development
• Luxury apartment construction
• Real estate developer
• Township project development
• Affordable housing projects

Headquarters

HQ city

Bandra

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Residential Property Sales: Ekta World generates revenue primarily from the sale of residential apartments and villas across Mumbai, Pune, Virar, and Nashik. Revenue is recognized upon completion and handover of residential units. The company operates across luxury (Bandra, Khar, Santacruz), mid-segment (Goregaon), and affordable/value (Virar, Nashik) segments.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Ekta World develops, constructs, and sells residential real estate — primarily apartments, penthouses, villas, and townships — across luxury (Bandra, Khar, Santacruz), mid-segment (Goregaon, Chembur), and affordable/value (Virar, Nashik, Pune) price tiers. The company also occasionally co-develops projects with partners (e.g., Shubham Group, Supreme Universal, Godrej). Revenue is generated through one-time sale of constructed residential units upon handover.

Product overview

Ekta World is a Mumbai-based real estate developer offering a diverse portfolio of residential properties across Mumbai, Pune, and Nashik. The company develops luxury, premium, and affordable housing projects including standalone apartments and township developments. Key current projects include The One at Pali Hill in Bandra, Ekta Vistabella in Dadar, Ekta Victoria in Bandra, and EDEN 62 in Juhu. With approximately 46 completed projects, the portfolio spans prime Mumbai neighborhoods including Bandra, Santacruz, Dadar, Juhu, Khar, Powai, Chembur, and Borivali. The company also develops projects in partnership with other developers such as Godrej.

Differentiator

Problem solved

Functional benefit

Products and services

• The One at Pali Hill Luxury residential project located in Pali Hill, Bandra, featuring premium 3 and 4 BHK apartments with modern amenities and premium finishes. Targets HNI luxury buyers.
• Ekta Vistabella Residential development in Dadar offering spacious apartments with contemporary design and lifestyle amenities.
• Ekta Victoria Premium residential project in Bandra featuring elegant architecture and high-end specifications.
• EDEN 62 Luxury residential tower in Juhu offering premium living spaces with sophisticated design and amenities.
• Ekta Tripolis Mid-segment residential project in Goregaon West offering 2-3 BHK apartments with connectivity and lifestyle amenities. Awarded Excellence in Iconic Development at Times Real Estate Conclave 2024-25 and multiple prior luxury apartment awards.
• Ekta Elitus Luxury residential project in Santacruz with premium specifications and MahaRERA registration.
• Ekta Parksville Large-scale value-segment township project in Virar West offering 1-3 BHK apartments with extensive amenities. Winner of Best Township Project of the Year 2016 (Construction Times) and Best Marketing Campaign at Accommodation Times National Real Estate Awards 2017.
• Ekta Verve Luxury redevelopment project in Khar West with home automation, smart home features, and premium specifications. Winner of Best Redevelopment Project 2023 (Times of India). Sold via 20+ RERA-registered channel partners.
• Evaana Luxury residential project in Khar West.
• EKTA Invictus Residential project in Dadar, Mumbai. Winner of Luxury Project of the Year 2018 from ET Now. Distributed via 70+ RERA-registered channel partners.
• EKTA Eros Residential project located in Santacruz (W), Mumbai. Distributed via registered channel partners including Cushman & Wakefield and Knight Frank.
• EKTA Trinity Residential project located in Santacruz (E), Mumbai. Distributed via channel partners including Knight Frank and ICICI Home Finance.
• Lake Riviera Residential project in Powai, Mumbai. Winner of Best Project Launch of the Year and Best Print Campaign of the Year at Marketing Maverick Award 2019. Sold to buyers including VP Sales & Customer Care Sanjay Mittal of Piaggio Vehicles.
• Panorama Residential project in Chembur, Mumbai, co-developed with Shubham Group as a joint venture.
• Corner View Residential project in Bandra (E), Mumbai, co-developed with Supreme Universal Builders as a joint venture.
• California Residential project in Pune developed by Ekta World. Winner of Best Luxury Apartment Project of the Year at Silicon India Pune Real Estate Awards 2015.
• Ekta Greenville Value-segment residential project in Nashik. Winner of Best Project of the Year Residential at Estate Awards 2013 and recognized as Iconic Home by Midday Real Estate Icons 2017.

Quantifiable outcome

• 95 projects delivered across Mumbai's western suburbs with over 21.56 million sq. ft. of residential and commercial space, housing 15,390+ families
• +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

Feature3 records

Partnerships

16 partnerships are on record, tiered core and minor.

• Reza Kabul (Principal Architect)coreTechnology or IntegrationReza Kabul has been associated with Ekta World since 1988. As the principal architect, he has contributed to numerous landmark projects not just in Mumbai but also in Nashik and Pune. His long-standing partnership reflects mutual trust and shared vision for quality residential architecture.
• Site Concepts International Pte. Ltd.coreTechnology or IntegrationSite Concepts International is a landscape architecture and land use planning firm. Mark Mahan, MD of SCI HK, stated they have partnered Ekta World on a number of projects over the last 8 years, witnessing their transformation from quality apartment builders to creators of quality environments. SCI is dedicated to developing green buildings and sustainable living environments.
• ICICI Bank Home LoanscoreChannel Partner/ Reseller/ DistributorICICI Bank is a financial services partner providing home loan financing to Ekta World buyers. The partnership enables buyer access to convenient home loan processing, directly benefiting the sales process for Ekta World properties.
• HDFC (Portfolio Management & Home Loans)coreChannel Partner/ Reseller/ DistributorHDFC provides home loan and portfolio management services to Ekta World buyers. HDFC Realty is also cited among Ekta World's buyer base, indicating a multi-faceted relationship.
• Shubham GroupcoreStrategic or Co-development PartnerShubham Group co-develops certain Ekta World projects, such as Panorama in Chembur. This is a joint venture arrangement where both parties share development responsibilities.
• Aditya Birla Financial ServicesminorChannel Partner/ Reseller/ DistributorAditya Birla Financial Services provides financial products and home loan facilitation to Ekta World buyers.
• IndusInd BankminorChannel Partner/ Reseller/ DistributorIndusInd Bank is a financial services partner providing home loan options to Ekta World customers.
• LIC Housing Finance LtdminorChannel Partner/ Reseller/ DistributorLIC Housing Finance provides home loan financing to Ekta World buyers.
• Supreme Universal BuilderscoreStrategic or Co-development PartnerSupreme Universal Builders is a joint venture partner with Ekta World for the Corner View project in Bandra West. This is a co-development arrangement combining both developers' expertise.
• HDFC RealtycoreChannel Partner/ Reseller/ DistributorHDFC Realty acts as a channel partner for Ekta World projects, brokering property sales. CEO Vikram Goel of HDFC Realty provided a video testimonial for Ekta World.
• Knight Frank (India) Private LimitedcoreChannel Partner/ Reseller/ DistributorKnight Frank is a registered channel partner for Ekta World projects including Ekta Eros and Ekta Trinity, providing real estate advisory and brokerage services to prospective buyers.
• Cushman & Wakefield India Pvt LtdcoreChannel Partner/ Reseller/ DistributorCushman & Wakefield is registered as a RERA channel partner for Ekta World projects (Ekta Verve, Ekta Eros), providing real estate brokerage and advisory services to buyers.
• ANAROCK Property Consultants Pvt. Ltd.coreChannel Partner/ Reseller/ DistributorANAROCK is a registered channel partner for Ekta Verve, providing property consultancy and brokerage services to prospective buyers.
• JM Financial Products LimitedminorChannel Partner/ Reseller/ DistributorJM Financial Products is listed as a RERA-registered channel partner for Ekta Verve.
• ICICI Home Finance Company LimitedcoreChannel Partner/ Reseller/ DistributorICICI Home Finance is a RERA-registered channel partner for Ekta Verve and Ekta Trinity, providing home loan and financial services to buyers.
• Samraksha (CSR Division)minorOthersSamraksha is Ekta World's dedicated CSR division that manages community initiatives including support for Access Life (cancer-affected children), ADAPT (disability), Shraddha Rehabilitation Center (mental health), Advitya Foundation (vocational training for differently-abled), Lions Club International (rural development, sanitation in schools), and S.B.M.S Vriddh Anand Ashram (elderly care).

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Macrotech Developers (Lodha): Lodha/Macrotech is India's largest listed residential developer with a massive Mumbai land bank and premium positioning in central Mumbai and western suburbs. Overlaps with Ekta on luxury segment and Mumbai geography, but operates at vastly greater scale and with public-market capital access, making it a broad incumbent peer.
• Mahindra Lifespaces: Mahindra Lifespaces is the listed real estate arm of the Mahindra Group, developing residential projects across MMR and other Indian metros. Comparable in premium-residential offering and brand-driven positioning, with broader geographic footprint and group-level financial backing.
• Shapoorji Pallonji Real Estate: Shapoorji Pallonji Real Estate is the real estate arm of the Shapoorji Pallonji Group, active in Mumbai luxury (Louvre, Spenta) and other metros. Comparable luxury-residential positioning and brand-led strategy, but operates at group-level scale with construction vertical integration that Ekta lacks.

Regional players

• Brigade Group: Brigade Group is a Bangalore-headquartered listed developer with growing Mumbai presence. Comparable in mid-to-premium residential offerings and brand-led strategy, but primary market is South India, making it a regional rather than direct Mumbai competitor to Ekta.
• Prestige Group: Prestige Group is a large South India-based developer (Bangalore-headquartered) expanding into Mumbai residential. Comparable in luxury-segment depth and premium-brand positioning, but operates primarily in a different geography with limited overlap in Ekta's western-suburbs core market.

Direct peers

• Oberoi Realty: Oberoi Realty is a Mumbai-focused luxury residential and commercial developer with projects in Goregaon and Worli. Directly comparable to Ekta World in luxury segment targeting, Mumbai geographic concentration, and premium-pricing strategy. Oberoi is much larger and listed, serving as a benchmark for Ekta's potential trajectory.
• Rustomjee (Keystone Realtors): Rustomjee is a Mumbai-based developer active in Bandra-Khar-Mahim with luxury and premium residential offerings. Closely comparable to Ekta's western-suburbs focus, brand-driven luxury positioning, and mid-sized private-developer profile.
• Godrej Properties: Godrej Properties is a national residential developer with active Mumbai projects including a JV with Ekta World (Godrej Rejuve). Comparable in luxury and mid-segment offerings, brand strength, and multi-city strategy. As a JV partner and direct competitor, it sits at the intersection of peer and partner.
• Hiranandani Group: Hiranandani is a Mumbai-based developer known for township-scale integrated developments and luxury residences (Powai, Thane). Directly comparable to Ekta's township strategy (Ekta Parksville in Virar) and luxury positioning, with similar hyperlocal Mumbai expertise.
• Wadhwa Group: Wadhwa Group is a Mumbai-focused residential developer with luxury projects in Bandra and Ghatkopar and township developments. Directly comparable in geography, premium-segment targeting, and family-owned mid-sized developer profile.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCmozNGBNpdec
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• Facebookfacebook.com/ektaworldltd
• LinkedInlinkedin.com/company/ekta-world-47028a66

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

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 Ekta World