Shilp Group
Shilp Group is a privately held Ahmedabad-based real estate developer founded in 2004, delivering residential apartments, commercial offices, and plotted developments across Ahmedabad and GIFT City. The founder-led company has completed 50+ projects serving mid-market homebuyers, commercial tenants, and plot buyers.
- Company typePrivate
- Founded2004
- HeadquartersAhmedabad, India
- Headcount101–250
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Shilp Group does
Shilp Group is a privately held, founder-led real estate development company headquartered in Ahmedabad, Gujarat, India, founded in 2004 by Yash Brahmbhatt. The company develops residential apartments (2-4 BHK), commercial office space, and plotted/industrial developments across Ahmedabad's prime corridors — including Sindhu Bhavan Road, S.G Highway, Vaishnodevi, Shilaj, Gota, Shela, and Adani Shantigram — and has expanded into GIFT City, Gandhinagar with both SEZ and DTA commercial projects. Its product portfolio spans 15+ named developments including Shilp Centrica (29-story GIFT City commercial tower), Shilp Twin Towers (SEZ coworking), Shilp Business Gateway, multiple residential towers (Shilp Serene, Shilp Residency, Shilp Skyline, Shilp Paradise, Shilp Revanta, Shilp North Sky, Shilp Celestial), and plotting/industrial schemes (Shilp Olive, Shilp The Roots, Shilp Industrial Park). The company has delivered 50+ landmark projects over 22 years and operates a wholly-owned CSR subsidiary, Sneh Shilp Foundation.
The business operates on a direct sales model with no intermediary distribution: customers inquire via phone, email, or website inquiry forms and are guided through quote-based, undisclosed pricing on a consultation basis. Revenue is generated through one-time sale of residential units, commercial offices, and plotted land. The go-to-market is sales-led with light digital presence across Facebook, Instagram, LinkedIn, YouTube, and X. Ownership is concentrated with the founding family (Yash Brahmbhatt as Founder & CEO, Snehal Brahmbhatt as Director, plus Group GM Arpan Barot and GM Sales Saumil Patel); no external institutional funding rounds have been disclosed, indicating a bootstrapped capital structure.
Shilp Group is registered with RERA (e.g., Shilp Centrica PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/CAA12608/081123; Shilp Twin Towers PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA08006/050221) and has accumulated industry recognition including Realty Plus, Prop Realty Developer of the Year 2017, and Building Gujarat Awards 2018. The company has recently expanded into affordable housing and industrial plots, signaling intent to broaden the addressable buyer base beyond the mid-market premium segment historically targeted.
Shilp Group firmographics
Firmographics- Name
- Shilp Group
- Legal name
- Shilp Group
- Website
- https://shilpgroup.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Shilp Group is a privately held Ahmedabad-based real estate developer founded in 2004, delivering residential apartments, commercial offices, and plotted developments across Ahmedabad and GIFT City. The founder-led company has completed 50+ projects serving mid-market homebuyers, commercial tenants, and plot buyers.
- Ownership category
- akta.pro rank
Shilp Group industry classification
Industry- Product category
- Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Residential Building Construction (2361)
- SIC
- Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)
- akta.pro secondary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
Keywords
Where Shilp Group is headquartered
LocationHeadquarters
- HQ city
- Ahmedabad
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Shilp Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Residential Property Sales: Sale of residential apartments and units including 2-4 BHK units across various projects in Ahmedabad and GIFT City.
- Commercial Property Sales: Sale and leasing of commercial office spaces in SEZ and DTA zones within GIFT City, as well as commercial properties on S.G Highway.
- Plot Sales: Sale of plotted developments including industrial parks and residential plots.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based pricing for all property types |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Shilp Group product offering
Product offeringCore offering
Shilp Group develops and sells residential apartments (2-4 BHK configurations), commercial office spaces (including SEZ and DTA towers in GIFT City, Gandhinagar), coworking/incubation facilities, and plotted developments (residential and industrial) across Ahmedabad and GIFT City. The company operates as a vertically organized real estate developer, handling land acquisition, construction, sales, and post-handover building management. Its portfolio includes 50+ delivered projects and ongoing developments such as Shilp Centrica, Shilp Twin Towers, Shilp Business Gateway, Shilp Incubation Centre, and multiple residential projects across Ahmedabad.
Product overview
Shilp Group is a real estate development company based in Ahmedabad, Gujarat, founded in 2004. The company operates across three main segments: Residential, Commercial, and Plotting. Its commercial portfolio includes Shilp Centrica (a 29-story commercial tower in GIFT City), Shilp Twin Towers (a dual-tower coworking development in GIFT SEZ), Shilp Business Gateway (Vaishnodevi, S.G Highway), Shilp Incubation Centre (flexible workspace in Gift City), and Shilp Sacred (Iskon Ambli). Residential offerings span multiple locations across Ahmedabad including Shilp Serene (Shilaj Circle), Shilp Residency (Gota), Shilp Skyline (Adani Shantigram), Shilp Paradise (Sindhu Bhavan Road), Shilp Revanta (Shela), Shilp North Sky (Gift City), and Shilp Celestial (Vaishnodevi), with unit configurations ranging from 2 BHK to 4 BHK. The plotting division covers Shilp Olive (Vekariya), Shilp The Roots (Moti Devti), and Shilp Industrial Park (Matoda). The company also operates Sneh Shilp Foundation as its CSR initiative.
Differentiator
Problem solved
Functional benefit
Brands
- Sneh Shilp Foundation: Corporate Social Responsibility (CSR) foundation of Shilp Group, focused on charitable activities and community development.
Products and services
- Shilp Centrica A 29-story premium commercial building located in the DTA (Domestic Tariff Area) of GIFT City, Gandhinagar. Unit sizes range from 1,326 to 3,538 sq. ft. and amenities include a business center, terrace garden, cafeteria, open dining, and a gym on the 30th floor. Targeted at businesses seeking modern office premises in a tax-advantaged zone. RERA registered (PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/CAA12608/081123).
- Shilp Twin Towers
- Shilp Business Gateway
- Shilp Incubation Centre
- Shilp Sacred
- Shilp Serene
- Shilp Residency
- Shilp Skyline
- Shilp Paradise
- Shilp Revanta
- Shilp North Sky
- Shilp Celestial
- Shilp Olive
- Shilp The Roots
- Shilp Industrial Park
Quantifiable outcome
- Over 50 landmark projects delivered successfully in Ahmedabad
- +1 more outcomes
Companies that use Shilp Group
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Shilp Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Shilp Group partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights5 records
Shilp Group competitors and assessment
Company assessmentBroad incumbents
- Godrej Properties: Godrej Properties is one of India's largest listed real estate developers with a pan-India presence including active projects in Ahmedabad. Broader incumbent offering branded residential and commercial developments with stronger capital base, brand, and technology adoption than regional players.
- Sobha Limited: Sobha Limited is a nationally recognised real estate developer with backward-integrated construction capabilities and presence across major Indian cities. Broad incumbent with premium residential positioning comparable to Shilp's upper-segment offerings in Ahmedabad.
- Adani Realty: Adani Realty is the real estate arm of the Adani Group with a significant Ahmedabad and GIFT City presence including large-format residential and commercial projects. Broader incumbent operating at significantly larger scale with the backing of a conglomerate parent, directly competing in Shilp's core markets.
- Brigade Group: Brigade Group is a South India-based real estate developer with a growing pan-India presence across residential, commercial, and hospitality segments. Broader incumbent competing on similar mid-to-premium residential product with greater geographic diversification and brand reach.
- Mahindra Lifespace Developers: Mahindra Lifespace Developers is the real estate arm of the Mahindra Group with pan-India residential and integrated township developments. Broader incumbent offering branded, ESG-positioned residential projects in Ahmedabad that overlap with Shilp's premium apartment pipeline.
- Prestige Group: Prestige Group is a major South India-headquartered real estate developer expanding into Gujarat with a portfolio of residential, commercial, retail, and hospitality projects. Broader incumbent with greater capital base, brand, and standardised delivery processes than regional peers.
Direct peers
- Shivalik Group: Shivalik Group is an Ahmedabad-based real estate developer focused on residential and commercial developments across the city. Direct regional peer with overlapping product offerings in mid-to-premium apartments and similar target buyer demographics.
- HN Safal: HN Safal is a prominent Ahmedabad real estate developer delivering residential and commercial projects in similar micro-markets including Sindhu Bhavan Road and SG Highway. Direct regional competitor with comparable product range (2-4 BHK apartments, commercial offices) and customer base.
- Goyal & Co / Goyal Group: Goyal & Co is a long-established Ahmedabad-based real estate developer with a comparable portfolio of residential apartments and commercial developments across the city. Most directly comparable peer given shared Ahmedabad home market, similar project scale, and overlapping buyer segment.
Regional players
- Pacifica Companies: Pacifica Companies is an India-based real estate developer with significant Gujarat presence delivering residential townships and commercial projects. Regional peer with comparable scale and project mix, primarily operating in Gujarat and select other states outside Shilp's Ahmedabad core.
Market position
Strengths5 records
Weaknesses2 records
Competitive moat3 records
Key risks7 records
Key highlights7 records
Customer concentration
Shilp Group social profiles
Digital presenceShilp Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shilp Group leadership team
Management profileNumber of profiles
Profiles4 records
Shilp Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Shilp Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shilp 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 Shilp Group
What does Shilp Group do?
Shilp Group develops and sells residential apartments (2-4 BHK configurations), commercial office spaces (including SEZ and DTA towers in GIFT City, Gandhinagar), coworking/incubation facilities, and plotted developments (residential and industrial) across Ahmedabad and GIFT City. The company operates as a vertically organized real estate developer, handling land acquisition, construction, sales, and post-handover building management. Its portfolio includes 50+ delivered projects and ongoing developments such as Shilp Centrica, Shilp Twin Towers, Shilp Business Gateway, Shilp Incubation Centre, and multiple residential projects across Ahmedabad.
Is Shilp Group a public or private company?
Shilp Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Shilp Group founded?
Shilp Group was founded in 2004. It employs 101 to 250 people.
Where is Shilp Group based?
Shilp Group is headquartered in Ahmedabad, India, in the Asia region.
How does Shilp Group make money?
Three revenue lines are on record. Residential Property Sales are the primary driver. The others are commercial Property Sales and plot Sales.
Who are Shilp Group's main competitors?
Broad incumbents on record are Godrej Properties, Sobha Limited, Adani Realty, Brigade Group, Mahindra Lifespace Developers and Prestige Group. Direct peers are Shivalik Group, HN Safal and Goyal & Co / Goyal Group. Pacifica Companies is listed as a regional player.
Does Shilp Group have an API?
No public API is recorded for Shilp Group.
What industry is Shilp Group in?
Shilp Group's product category is Real Estate Development. Its primary akta.pro industry code is IMAFABAB, Multi-Family Residential Construction (Apartments, Condos, Townhomes), with a secondary code of IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities). Its NAICS code is 236117 and its SIC code is 1531.