Tricolour Properties

What Tricolour Properties does

Tricolour Properties Pvt. Ltd. is a privately held Indian residential real estate developer founded in 2010 and headquartered in Banjara Hills, Hyderabad, Telangana. The company builds and sells three core product lines — RERA/HMDA/DTCP-approved open plots in gated communities, luxury villas, and premium apartments — across 7 Indian cities (Hyderabad, Visakhapatnam, Darbhanga, Patna, Bengaluru, Mumbai, Muzaffarpur) plus a Dubai office serving NRI buyers. Projects are positioned in emerging growth corridors around Hyderabad's southern highway belt, Visakhapatnam's coastal belt, Bihar's NH corridors, Bengaluru's peripheral zones, and Mumbai's Virar, with a total of 35+ named projects completed or in development and a reported 30,000+ customers served since inception.

The underlying technology stack is conventional for Indian real estate development — no proprietary platform, AI capability, or public API; differentiation rests on Vaastu-compliant layouts, sustainable features (rainwater harvesting, solar lighting, avenue plantation), and layered regulatory approvals (RERA, HMDA, DTCP, VUDA, BDA). All projects are delivered through direct field sales supplemented by an inside sales operation handling inbound enquiries via phone, WhatsApp, and the website, with EMI-based financing structured in-house to make entry-level plots (starting around Rs. 15–30 lakhs) accessible to middle-class buyers.

Revenue is generated entirely through one-time sale of plot, villa, and apartment inventory at varying price tiers — entry-level plots, premium gated community plots near Yadagirigutta/Mokila/Shadnagar, luxury villa projects (Purple Wood, Salt Box), and premium 2BHK apartments (Sunflower, Bengaluru). The business is founder-led by Chandan Kumar Jha (Chairman & Managing Director) and Ranjan Kumar Jha (Executive Director), with the company holding lifetime memberships in CREDAI and NAREDCO and recognition from the ET Excellence award.

Name

Tricolour Properties

Legal name

Tricolour Properties Pvt. Ltd.

Website

https://tricolour.co.in

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Tricolour Properties is a Hyderabad-based Indian residential real estate developer founded in 2010 that sells government-approved open plots, luxury villas, and premium apartments across 7 Indian cities and Dubai, targeting middle-class families, retail investors, and NRI buyers with EMI-based financing.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

SIC

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

akta.pro primary industry

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

Keywords

• Residential real estate development
• RERA approved open plots
• Gated community villas
• Premium residential apartments
• EMI based property sales

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Infrastructure, Others

Revenue model

1. Open Plots Sales: Primary revenue stream from sale of RERA/HMDA/DTCP-approved open plots in gated community layouts across growth corridors in Hyderabad, Bengaluru, Patna, Darbhanga, Muzaffarpur, Visakhapatnam, and Mumbai. Plots are sold on one-time payment or EMI facility basis.
2. Villa Sales: Sale of luxury villas in gated communities (e.g., Purple Wood in Maheshwaram, Salt Boxz in Visakhapatnam with 85 triplex villas). Premium product tier with luxury amenities including clubhouse, swimming pool, and smart features.
3. Apartment / 2BHK Sales: Sale of residential apartments such as Sunflower project on Kanakapura Road, Bengaluru — Premium 2BHK homes with Italian marble flooring, teak wood fixtures, branded lifts, and one-floor-one-flat concept.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels10 records

Core offering

Tricolour Properties develops and sells RERA-approved residential real estate across India, offering open plots in gated community layouts, luxury villas, and premium 2BHK apartments across seven Indian cities (Hyderabad, Visakhapatnam, Darbhanga, Patna, Bengaluru, Mumbai, Muzaffarpur) plus an overseas channel for NRI buyers. The company focuses on emerging growth-corridor locations with government-approved (RERA/HMDA/DTCP/VUDA/BDA) layouts, EMI-based financing accessibility, Vaastu-compliant designs, and sustainable infrastructure (rainwater harvesting, solar lighting, avenue plantation). It supplements transactions with site-visit services, in-house loan facilitation, and dedicated NRI support through its Dubai office.

Product overview

Tricolour Properties is a real estate development company founded in 2010, headquartered in Hyderabad, Telangana, operating across 7 locations in India (Hyderabad, Visakhapatnam, Darbhanga, Patna, Bengaluru, Mumbai, Muzaffarpur) with 35+ completed projects and 30,000+ happy customers. The company offers a diversified portfolio of residential real estate products centered around three core offerings: Open Plots (gated community residential plots with infrastructure such as roads, drainage, electricity, security, and vaastu-compliant layouts), Villas (luxury villa projects with premium amenities including clubhouse, swimming pool, fitness center, and sustainable design), and Apartments (2BHK homes with premium finishes and modern features). The portfolio includes 35+ named projects across tier-1 and tier-2 cities, with projects organized by location: Hyderabad region features Purple Wood (luxury villas), Treasure Hunt, Autumn Exotica, Rising Courtyard, Saffron Rise, Hill Waves, Brown Valley, Loureal Park Annex, Palm Cove, Silver Coast, Blue Heaven, Loureal Park, and Los Cabos; Visakhapatnam region features Sea Walk, Salt Box, Corals Bay, and Pleasure Bay; Darbhanga region features Central Park, Valentine Key, Summer Brook, and Imperial Park; Patna region features The Index, Spring Fields Cosmos, and Spring Fields; Bengaluru region features Clay Groove, Lakeshore, and Sunflower; Mumbai region features Oscar Valley; and Muzaffarpur region features Republic Square.

Differentiator

Problem solved

Functional benefit

Products and services

• Open Plots in RERA/HMDA/DTCP-approved gated communities RERA/HMDA/DTCP/VUDA/BDA-approved open residential plots in gated community layouts with Vaastu-compliant design, developed infrastructure (blacktop/kerb-stone roads, underground drainage, electricity, security), and amenities such as avenue plantation, children's parks, jogging tracks, clubhouses, and 24/7 security. Available across Hyderabad, Visakhapatnam, Darbhanga, Patna, Bengaluru, Mumbai, and Muzaffarpur. Sold as one-time purchase or via EMI facility (monthly payments from approximately Rs. 15,000-25,000 for a Rs. 25 lakh plot over ~7 years). Includes flagship projects such as Treasure Hunt, Autumn Exotica, Saffron Rise, Hill Waves, Loureal Park, Loureal Park Annex, Palm Cove, Brown Valley, Silver Coast, Blue Heaven, Los Cabos, Sea Walk, Corals Bay, Pleasure Bay, Spring Fields, Spring Fields Cosmos, The Index, Central Park, Valentine Key, Summer Brook, Imperial Park, Clay Groove, Lakeshore, Oscar Valley, and Republic Square.
• Purple Wood — Luxury Gated Villa Community, Maheshwaram (Hyderabad) Upcoming luxury villa project in Maheshwaram, Hyderabad featuring a gated community with 24/7 security, clubhouse, swimming pool, fitness center, children's play area, landscaped gardens, rainwater harvesting, and sustainable design. Positioned as the company's flagship premium villa offering.
• Salt Box — 85 Triplex Villas, Visakhapatnam Ongoing luxury gated community of 85 triplex villas in Visakhapatnam near Rishikonda, with swimming pool, tennis courts, cricket nets, auditorium, earthquake-resistant structure, and solar power infrastructure. Premium product tier targeting high-end villa buyers.
• Sunflower — Premium 2BHK Homes, Kanakapura Road (Bengaluru) Completed premium 2BHK apartment project on Kanakapura Road, Bengaluru featuring 10.5 ft ceiling height, teak wood doors and windows, Cauvery water connection, branded lift, Italian marble flooring, and a one-floor-one-flat concept for privacy. Marketed to upper-middle-class apartment buyers in the Bengaluru market.

Quantifiable outcome

• 30,000+ happy customers served across 7+ locations since 2010
• +3 more outcomes

Named customers6 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

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Mahindra Lifespace Developers: Pan-India residential developer with strong sustainability positioning (green buildings, IGBC certifications). Comparable eco-friendly project design philosophy and tier-2/3 city expansion strategy.
• Shriram Properties: Bengaluru-headquartered mid-segment residential developer serving South Indian markets. Comparable in targeting middle-class aspirational buyers with mid-tier residential products, though larger and publicly listed.
• Signature Global: Delhi NCR-based affordable housing and plotted development company targeting middle-class buyers with similar plot-and-EMI sales model. Most directly comparable in business model (plot-focused, growth corridor, EMI financing) though larger in scale and publicly listed.
• Kolte-Patil Developers: Pune-based mid-tier residential developer with similar focus on tier-2/peripheral markets and aspirational buyer segments. Comparable in operational scale and product mix (plots, apartments, villas).
• Puravankara Limited: Bengaluru-based mid-tier developer with South India and select pan-India presence, offering premium and mid-segment residential products. Comparable mid-sized scale and similar multi-product portfolio.

Broad incumbents

• Brigade Group: Bengaluru-based large residential and commercial developer expanding into South India tier-2 markets. Direct overlap with Tricolour's Bengaluru product offerings though at significantly larger scale.
• Prestige Group: Bengaluru-headquartered large developer with pan-India expansion including plotted developments. Competes with Tricolour in Bengaluru peripheral markets (Devanahalli, Chikkaballapura) but at much larger scale.
• Lodha (Macrotech Developers): Largest Indian residential developer with pan-India presence including Mumbai, Bengaluru, and Hyderabad. Overlaps with Tricolour in Hyderabad and Bengaluru corridors but operates at much larger scale with premium positioning.
• Godrej Properties: Pan-India listed developer with presence across major metros. Increasingly entering tier-2/3 markets in South India, potentially competing with Tricolour in Hyderabad and Bengaluru peripheral corridors.
• Sobha Limited: Bengaluru-headquartered developer with national presence in residential and plotted developments. Comparable South India tier-2 market focus but operates at substantially larger scale with backward-integrated construction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCc4NY-q_WUBOZoR2B3Q_U9g
• Facebookfacebook.com/TricolourGroup
• LinkedInlinkedin.com/company/tricolourgroup
• Instagraminstagram.com/tricolourgroup
• Xx.com/TricolourGroup

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 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 Tricolour Properties