What Solitaire does

Solitaire is a Pune-based real estate development company operating as the branded real estate arm of the Chordia Group, a family-owned business with roots dating to 1981. The Solitaire brand was launched in 2010 and is operated through the legal entity Classic Promoters & Builders Private Limited. The company develops residential, commercial, and retail real estate across Pune, with a portfolio spanning 40+ completed projects and serving 2,000+ families. Residential offerings include 1, 2, and 3 BHK apartments under brands like Solitaire Homes Pashan, Solitaire Premier Bibvewadi, and Solitaire Kothrud, while commercial offerings include the Solitaire Business Hub (SBH) office spaces across Baner, Bibvewadi, Viman Nagar, and Kalyani Nagar, and retail via Maha Trade Market.

The business operates on a one-time unit sale model: buyers pay an INR 111,000 online booking token to reserve units, with final pricing determined by unit type, floor, and project configuration. Go-to-market combines direct field sales teams at project sites, online booking through solitaire.in, a channel partner program with named brokers (Sq Ft Estates, Global 9 House Hunt LLP, Red Bricks Realty), and a dedicated NRI service desk supporting overseas buyers with home loans, legal assistance, and Power of Attorney services. The company is led by Chairman and Managing Director Ashok Chordia (first-generation entrepreneur and Chordia Group founder) and Director Atul Chordia (second-generation, educated at Royal Melbourne Institute of Technology). Projects are registered with MahaRERA, and the company has won multiple Asia Pacific Property Awards for architecture, mixed-use development, and office space design.

Solitaire maintains no proprietary technology platform or AI/ML capabilities, operating as a traditional real estate developer with conventional sales, design, and construction processes. Competitive positioning rests on the Chordia legacy brand, geographic coverage across all Pune micro-markets (East, West, North, South, Central), Vaastu-compliant and element-based architectural design, and end-to-end buyer support services including financial and legal facilitation through partnerships with RBI-approved lenders like HDFC.

Name

Solitaire

Legal name

Classic Promoters & Builders Private Limited

Website

https://solitaire.in

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Solitaire is a Pune-based real estate developer (legal entity: Classic Promoters & Builders Private Limited) operating as the branded arm of the Chordia Group. It develops residential, commercial office, and retail properties across Pune micro-markets, serving individual home buyers, businesses, and NRI investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Pune

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Unit Sales: Revenue generated from the sale of residential apartments across multiple ongoing and completed projects in Pune. Variants include 1 BHK, 2 BHK, and 3 BHK units across projects such as Solitaire Homes Pashan, Solitaire Kothrud, and Solitaire Premier Bibvewadi.
2. Commercial Office Space Sales: Revenue from sale of commercial office spaces across Solitaire Business Hub (SBH) locations in Baner, Bibvewadi, Viman Nagar, and Kalyani Nagar.
3. Retail Unit Sales: Revenue from retail units developed under projects such as Maha Trade Market.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Solitaire is a Pune-based real estate developer that constructs and sells residential apartments (1, 2, and 3 BHK units) and commercial office spaces, alongside retail developments, across multiple Pune neighborhoods including Pashan, Bibvewadi, Kothrud, Baner, Viman Nagar, and Kalyani Nagar. Operating under the Chordia Group legacy since 2010, the company has completed more than 40 projects and serves individual home buyers (including Non-Resident Indians) and commercial tenants/investors. Sales are conducted through direct online booking (INR 111,000 token), field sales at project sites, and a channel partner network.

Product overview

Solitaire is a real estate developer in Pune offering a portfolio of residential and commercial properties. The residential offerings include Solitaire Homes Pashan (1 & 2 BHK apartments), Solitaire Premier Bibvewadi (2 & 3 BHK luxury flats), and Solitaire Kothrud. Commercial developments include Solitaire Business Hub projects across multiple locations (Bibvewadi, Baner, Viman Nagar, Kalyani Nagar) providing office spaces, and Maha Trade Market for retail units. The company operates under the Chordia legacy with over 30+ years of development experience and 40+ completed projects serving over 2000 families.

Differentiator

Problem solved

Functional benefit

Brands

• Solitaire Business Hub (SBH): Commercial development brand offering office spaces across multiple Pune locations including Baner, Bibvewadi, Viman Nagar, and Kalyani Nagar.
• Maha Trade Market

Products and services

• Solitaire Homes Pashan Residential apartment project offering 1 and 2 BHK flats in Pashan, Pune, located on 1 acre of land with a single tower. Includes amenities such as children's play area, club house, multi-purpose halls, and open gym. MahaRERA registration: P52100020848.
• Solitaire Premier Bibvewadi Luxury residential project in Bibvewadi offering 2 and 3 BHK flats across 1 acre. Designed with Vaastu-compliant, element-based architecture with East-West orientation for optimal natural light and airflow. Amenities include water body/lily pond, seating pavilion, children's play area, climbing wall, barbecue corner, and open gym. MahaRERA registration: P52100013951.
• Solitaire Kothrud Ongoing residential real estate project located in Kothrud, Pune, offering apartments under the Solitaire brand.
• Solitaire Business Hub Bibvewadi Commercial office space development spanning 17 acres at Market Yard Cross Road, Bibvewadi, with over 5 lakh sq. ft. of premium office spaces. Amenities include business center, lounge areas, Wi-Fi enabled campus, valet parking, meeting rooms, and 24-hour housekeeping. MahaRERA registration: P52100017521.
• Solitaire Business Hub Baner (SBH III) Ongoing commercial office space development in Baner, Pune, branded as SBH III within the Solitaire Business Hub portfolio.
• Solitaire Business Hub Viman Nagar Ongoing commercial office space development in Viman Nagar, Pune, within the Solitaire Business Hub (SBH) portfolio.
• Solitaire Business Hub Kalyani Nagar Ongoing commercial office space development in Kalyani Nagar, Pune, within the Solitaire Business Hub (SBH) portfolio.
• Maha Trade Market Commercial retail development offering retail shop units within a market-style integrated development, catering to retail business owners and commercial investors.

Quantifiable outcome

• 2,000+ families served across completed projects
• +2 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

One partnership is on record.

• HDFC (and other RBI-approved financial institutions)coreOthersSolitaire works with RBI-approved housing finance institutions (e.g., HDFC, LIC Housing Finance Ltd.) to facilitate home loans for buyers. These institutions grant housing loans to residents and NRIs for property purchases, with loan amounts up to 85% of the total consideration value.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Magarpatta Group: Pune-based integrated township developer with a mix of residential, commercial and retail developments. Comparable due to Pune-centric footprint and integrated mixed-use development model analogous to Solitaire's residential plus SBH commercial mix.
• Rohan Corporation: Pune-headquartered residential developer with projects across Pune's key sub-markets. Comparable due to geographic focus on Pune, residential-led portfolio and similar price-band positioning.
• Kolte-Patil Developers: Pune-headquartered, BSE/NSE-listed residential and commercial developer operating 1, 2 and 3 BHK projects across Pune and key Indian metros. Most directly comparable peer due to overlapping Pune micro-markets and similar mid-premium price positioning.
• Gera Developments: Pune-based, family-promoted real estate developer with a multi-decade legacy across residential and select commercial projects. Comparable by private/family ownership structure, single-city focus and mid-premium residential positioning.
• VTP Realty: Pune-based privately held developer focused on residential and commercial projects across Pune micro-markets including Bibvewadi, Kothrud and Baner. Closely comparable by geography, product format (multi-format residential and commercial) and channel-driven sales motion.

Regional players

• Prestige Group: Listed South India-focused developer (Bangalore-headquartered) with residential, commercial and retail formats. Comparable through multi-format portfolio and brand-led positioning, though its primary geography (Bangalore) does not directly overlap Pune.

Broad incumbents

• Shapoorji Pallonji Real Estate: Large diversified developer with residential and commercial projects in Pune and other metros. Comparable on mixed-use residential and commercial portfolio model and quality-led positioning.
• Mahindra Lifespace Developers: Listed national developer with residential projects across Pune and other cities. Comparable by multi-format residential offering, though it operates at a broader national scale than Solitaire.
• Lodha Group (Macrotech Developers): Listed national developer with residential and commercial projects spanning major Indian cities including Pune. Comparable through residential-plus-commercial mix and prestigious positioning, though anchored in Mumbai.
• Godrej Properties: Large listed national developer with a substantial Pune portfolio across residential and commercial. Overlaps with Solitaire on Pune product formats and multi-format offering, but with materially larger scale, balance sheet and brand reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/solitaire_world

Compliance3 records

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 Solitaire