Malpani Group
Malpani Group is a privately held Nashik-based family business house founded in 1987 that develops residential and commercial real estate, leases office and industrial space, executes government infrastructure contracts through subsidiary Arika Buildwell LLP, and operates adjacent education and international trade verticals.
- Company typePrivate
- Founded1987
- HeadquartersNasik, India
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Malpani Group does
Malpani Group is a privately held, family-owned diversified business house headquartered in Nashik, Maharashtra, India, operating since 1987 when founders Hemant V. Malpani and Somnath V. Malpani formed Ashish Enterprises. The group operates through four primary verticals — real estate development (residential apartments, row houses, integrated complexes and commercial premises), property leasing (office space, showrooms, shops and built-to-suit commercial properties), infrastructure and government contracting via its wholly-owned subsidiary Arika Buildwell LLP (building construction, water works and pipelines, roads and bridges for Central, State and Municipal corporations), and diversification businesses in education and international trade led by the second generation.
The group's core technology is conventional real-estate development and property management with a stated emphasis on quality construction and customer satisfaction, supported by named completed and ongoing projects such as Malpani Pride, Malpani Arcade, Raghukul Vihar, Malpani New Swapnagandha, Malpani Business Park, Yash Plaza, Malpani Central and Mauni Ashish across Nashik, and the Malpani Industrial & Logistic Park in Pune's Chakan area. The group is a Life Member of CREDAI and follows a hybrid sell-and-lease business model.
Malpani Group monetises through a mix of one-time outright sales of residential and commercial units (over 2,000 families housed to date, with cumulative development of approximately 1.5 million sq ft) and recurring lease income from commercial and industrial tenants including Tata Group, Aditya Birla Group, Axis Bank, Reliance, IDFC First Bank, Shriram Finance, Flipkart, Zudio and Tata Katcon Exhaust Systems, supplemented by project-based government infrastructure contracts. The go-to-market is sales-led and direct, leveraging the founders' and second-generation leadership's local network in Maharashtra rather than digital channels.
Malpani Group firmographics
Firmographics- Name
- Malpani Group
- Legal name
- Malpani Group
- Website
- https://malpanigroup.in
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Malpani Group is a privately held Nashik-based family business house founded in 1987 that develops residential and commercial real estate, leases office and industrial space, executes government infrastructure contracts through subsidiary Arika Buildwell LLP, and operates adjacent education and international trade verticals.
- Ownership category
- akta.pro rank
Where Malpani Group is headquartered
LocationHeadquarters
- HQ city
- Nasik
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Malpani Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales
Revenue model
- Real Estate Sales: Outright sale of residential and commercial premises to end buyers, with over 2000 families having purchased flats in their projects
- Property Leasing: Leasing of office spaces, showrooms, shops, and residential spaces. They also provide commercial built-to-suit properties for specific client requirements.
- Infrastructure & Government Contracting: Through Arika Buildwell LLP, the group executes government contracts for building construction, water works and pipeline, roads and bridges
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Malpani Pride - 530,550 Sq.Ft office space at Sharanpur Road, Nashik |
| Subscription | Annual | Raghukul Vihar - 925 sq. ft. office at College Road, Nashik |
| Subscription | Annual | Malpani Arcade Showroom - 1750 sq. ft. at Tidke Colony, Nashik |
| Subscription | Annual | Malpani Arcade Office - 1250 Sq.Ft at Tidke Colony, Nashik |
| Subscription | Annual | Malpani Arcade Office - 715 Sq.Ft at Tidke Colony, Nashik |
| Subscription | Annual | Malpani Arcade Office - 3000 Sq.Ft at Tidke Colony, Nashik |
| Subscription | Annual | Malpani Business Park - Showroom options 5,000-10,000 sq.ft, Commercial spaces 1,000-20,000 sq.ft at College Road, Nashik |
| Subscription | Annual | Yash Plaza - Showroom options 5,000-10,000 sq.ft, Commercial spaces 1,000-30,000 sq.ft at Dwarka, Nashik |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Malpani Group product offering
Product offeringCore offering
Malpani Group is a family-owned diversified business established in 1987 in Nashik, India, primarily engaged in real estate development and property leasing across residential and commercial segments. The group also operates in infrastructure, education, and international trade, with a portfolio of named developments including Malpani Pride, Raghukul Vihar, Malpani Arcade, Malpani New Swapnagandha, Malpani Central, Mauni Ashish, Malpani Business Park, and Yash Plaza.
Product overview
Malpani Group operates as a diversified business house primarily focused on real estate development and property management in Nashik, Maharashtra. The group offers a portfolio of residential and commercial properties including apartments, row houses, showrooms, and office spaces. Beyond core real estate, the group has diversified into infrastructure development through Arika Buildwell LLP (government contracting), leasing services with built-to-suit options, and verticals in education and international trade. The product portfolio includes named properties such as Malpani Pride, Raghukul Vihar, Malpani Arcade, Malpani New Swapnagandha, Malpani Central, Mauni Ashish, Malpani Business Park, and Yash Plaza, with total development exceeding 1.5 million sq. ft. and over 2,000 satisfied families.
Differentiator
Problem solved
Functional benefit
Brands
- Arika Buildwell LLP: Infrastructure and Government Contracting entity of Malpani Group, working for various Central, State and Municipal Corporations in building construction, water works and pipeline, Roads and bridges.
Products and services
- Malpani Pride Named residential real estate development within the Malpani Group's Nashik-area property portfolio.
- Raghukul Vihar Named residential real estate development within the Malpani Group's Nashik-area property portfolio.
- Malpani Arcade Named commercial real estate development leased to retailers and corporate tenants.
- Malpani New Swapnagandha Named residential real estate development within the Malpani Group's Nashik-area property portfolio.
- Malpani Central Named commercial real estate development leased to retailers and corporate tenants.
- Mauni Ashish Named residential real estate development within the Malpani Group's Nashik-area property portfolio.
- Malpani Business Park Named commercial real estate development targeted at corporate and business tenants.
- Yash Plaza Named commercial real estate development leased to retailers and corporate tenants.
Companies that use Malpani Group
Customer profileNamed customers9 records
Segments6 records
Ideal customer profiles3 records
Malpani Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Malpani Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Tata Katcon Exhaust SystemscoreTata Katcon Exhaust Systems, a joint venture between Tata AutoComp Systems and Katcon Global, has entered into a long-term lease for 77,800 sq ft of industrial space at Malpani Industrial & Logistic Park in Pune's Chakan area. The lease spans over 10 years with a five-year lock-in period, at a monthly rental rate of Rs 29 per sq ft, representing a 10% increase over the previous agreement. This is a significant corporate lease partnership aligning with growing demand for sustainable industrial infrastructure in India driven by government initiatives like Make in India and PLI schemes.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Malpani Group competitors and assessment
Company assessmentDirect peers
- Naiknavare Developers: Pune-based developer offering residential apartments, commercial spaces and plotted developments across Maharashtra. Closely comparable in regional positioning, mid-market segment and sale-plus-lease business model.
- Gera Developments: Pune-headquartered developer of premium residential and commercial properties, with a strong child-centric and customer-centric brand positioning. Comparable in regional scale, Maharashtra focus and customer-experience-led differentiation.
- Rohan Builders: Pune-based real estate developer focused on residential apartments, villas and commercial projects in Maharashtra. Comparable in regional concentration, product mix and mid-market positioning.
- VTP Realty: Pune-headquartered residential and commercial developer with township and commercial projects. Comparable in scale and target customer (mid-market Maharashtra buyer), and operates a similar hybrid sale-and-lease model.
- Kolte-Patil Developers: Pune-headquartered residential and commercial developer with comparable scale and product mix (apartments, townships, commercial leasing). Both serve Maharashtra buyers with mid-market to upper-mid positioning and have grown through regional brand strength.
Broad incumbents
- Lodha Group (Macrotech Developers): India's largest listed residential developer with significant commercial leasing and mixed-use portfolio. Comparable in commercial leasing franchise and tenant mix, though operates at substantially larger scale across multiple cities.
- Godrej Properties: One of India's largest listed residential developers with pan-India presence including Tier-2 markets. Comparable product (residential apartments, plotted developments, commercial leasing), with substantially larger scale and capital access.
- L&T Realty: Large pan-India developer with strong Maharashtra presence and a residential + commercial portfolio. Comparable in product type but vastly larger in scale and capital access; relevant as a benchmark for build quality and contracts capability (Jayesh Malpani's former employer).
- Hiranandani Group: Premium Indian developer with township and commercial leasing focus; comparable in product mix (integrated residential + commercial leasing) though operating at much larger scale and metro-level pricing. Relevant benchmark given Ashish Malpani's prior tenure.
- Shapoorji Pallonji Real Estate: Diversified Indian conglomerate real estate arm with residential, commercial and infrastructure projects. Comparable in integrated residential-commercial-infrastructure offering and conglomerate backing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Malpani Group social profiles
Digital presenceMalpani Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Malpani Group leadership team
Management profileNumber of profiles
Profiles5 records
Malpani Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Malpani Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Malpani Group 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 Malpani Group
What does Malpani Group do?
Malpani Group is a family-owned diversified business established in 1987 in Nashik, India, primarily engaged in real estate development and property leasing across residential and commercial segments. The group also operates in infrastructure, education, and international trade, with a portfolio of named developments including Malpani Pride, Raghukul Vihar, Malpani Arcade, Malpani New Swapnagandha, Malpani Central, Mauni Ashish, Malpani Business Park, and Yash Plaza.
Is Malpani Group a public or private company?
Malpani Group is a private company. It is classified as family owned and is currently operating.
When was Malpani Group founded?
Malpani Group was founded in 1987. It employs 11 to 50 people.
Where is Malpani Group based?
Malpani Group is headquartered in Nasik, India, in the Asia region.
How does Malpani Group make money?
Three revenue lines are on record. Real Estate Sales are the primary driver. The others are property Leasing and infrastructure & Government Contracting.
Who are Malpani Group's main competitors?
Direct peers on record are Naiknavare Developers, Gera Developments, Rohan Builders, VTP Realty and Kolte-Patil Developers. Broad incumbents are Lodha Group (Macrotech Developers), Godrej Properties, L&T Realty, Hiranandani Group and Shapoorji Pallonji Real Estate.
Does Malpani Group have an API?
No public API is recorded for Malpani Group.