Srishti Group
Srishti Group is a Mumbai-based, founder-owned, zero-debt real estate developer founded in 1991 that builds residential apartments and commercial properties in the Bhandup, Powai, and Mulund micro-markets, serving middle-class home buyers, NRI investors, and commercial tenants.
- Company typePrivate
- Founded1991
- HeadquartersMumbai, India
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What Srishti Group does
Srishti Group (legally registered as Shiv Krupa Enterprise) is a Mumbai-based real estate development company founded in 1991 by HJ Thakur alongside his children, including Rajesh Villaitramani and Kamlesh Thakur. The company develops and sells residential apartments and commercial properties primarily across the Mumbai Metropolitan Region, with concentration in the Bhandup, Powai, and Mulund micro-markets. Its residential portfolio spans over 18 completed projects (including Srishti Heights, Srishti Elegance, Srishti Solitaire, Harmony Tower A & B, Oasis Phase 1, and others) and ongoing developments such as Srishti Pride (a 21-storey luxury tower in Bhandup), Srishti Harmony 3 (Powai), and Samarth Srishti (Bhandup). On the commercial side, completed assets include Srishti Plaza, Srishti Square, and Everest Masala Factory, plus the LIGHTBRIDGE IT/ITeS office project in Powai developed as a joint venture with Hiranandani Group.
The company operates with a founder-owned, zero-debt capital structure and does not disclose external institutional investment. Construction follows traditional methods emphasising quality materials, modern amenities, and on-time delivery. Its go-to-market relies on on-site sales offices at project locations, a website-driven inquiry funnel, a structured referral programme, and dedicated NRI investor services covering documentation and power-of-attorney support. Revenue is generated through one-time sales of residential units (primarily 1 BHK and 2 BHK configurations targeting middle-class and upper-middle-class buyers) and commercial space transactions, serving individual home buyers, NRI investors, and commercial tenants across the Mumbai region.
Srishti Group firmographics
Firmographics- Name
- Srishti Group
- Legal name
- SHIV KRUPA ENTERPRISE
- Website
- https://srishtigroup.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Srishti Group is a Mumbai-based, founder-owned, zero-debt real estate developer founded in 1991 that builds residential apartments and commercial properties in the Bhandup, Powai, and Mulund micro-markets, serving middle-class home buyers, NRI investors, and commercial tenants.
- Ownership category
- akta.pro rank
Srishti Group industry classification
Industry- Product category
- Residential Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117)
- SIC
- Operative Builders (1531)
- akta.pro primary industry
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
Keywords
Where Srishti Group is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Srishti Group business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Residential Property Sales: Revenue generated from sale of residential apartments and homes. The company develops and sells residential projects across Mumbai, including 1 BHK, 2 BHK units in various configurations. Projects include Srishti Pride, Samarth Srishti, Srishti Harmony 3, and multiple completed residential complexes.
- Commercial Property Sales: Revenue from commercial real estate development including IT parks, office spaces, and retail complexes. Projects include LIGHTBRIDGE (joint venture with Hiranandani Group for IT/ITeS offices), Srishti Square, Srishti Plaza, and Everest Masala Factory.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Residential properties - quote-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Srishti Group product offering
Product offeringCore offering
Srishti Group is a Mumbai-based real estate developer that builds and sells residential apartments and commercial properties across Mumbai's Bhandup, Powai, and Mulund sub-markets. The company develops luxury and mid-market residential towers with modern amenities, alongside commercial spaces including IT/ITeS offices through a joint venture with Hiranandani Group.
Product overview
Srishti Group is a Mumbai-based real estate developer established in 1991 (registered as Shiv Krupa Enterprise) with over 30 years of experience. The company operates a portfolio of residential and commercial projects. Residential offerings include ongoing developments: Srishti Pride (luxury 21-storey project in Bhandup with 30+ amenities), Srishti Harmony 3 (luxury homes in Powai with 21,000 Sq.Ft. of recreational amenities), and Samarth Srishti (1 & 2 BHK in Bhandup near Nahur station). The commercial portfolio includes Lightbridge (IT/ITeS offices joint venture with Hiranandani Group in Powai). Completed residential projects include Srishti Heights, Keshav Srishti, Om Srishti, Kabir, Micro Srishti, Panch Srishti, Sai Srishti, Shiv Srishti, Synchronicity Srishti, Mayuresh Srishti, Srishti Complex, Mangal Srishti, Sun Srishti, Srishti Elegance, Marshal Srishti, Srishti Solitaire, Oasis Phase 1, and Harmony Tower A & B. Completed commercial projects include Srishti Plaza, Srishti Square, and Everest Masala Factory. The company positions itself as a zero-debt entity focused on quality construction with affordable pricing.
Differentiator
Problem solved
Functional benefit
Products and services
- Srishti Pride 21-storey luxury residential project in Bhandup offering premium-class living with 30+ amenities; RERA registered across three phases. Targeted at families and individuals seeking upscale housing in Mumbai's Bhandup locality.
- Srishti Harmony 3 Luxury residential project in Powai with 21,000 sq.ft. of planned recreational amenities in an established ecosystem. RERA registered. Targeted at residential buyers seeking premium homes in Powai.
- Samarth Srishti Residential project in Bhandup near Nahur station offering 1 and 2 BHK configurations with modular kitchen, AC provision, and gym facilities. RERA registered. Targeted at mid-market homebuyers in the Bhandup area.
- Lightbridge IT/ITeS office space development in Powai delivered through a joint venture between Hiranandani Group and Srishti Group, designed for growing companies with state-of-the-art amenities. Targeted at IT/ITeS firms and commercial tenants seeking premium office space in Powai.
Quantifiable outcome
- 97% SSC results since 2012 at Shreeram Trust's adopted school
Companies that use Srishti Group
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Srishti Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Srishti Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Hiranandani GroupcoreJoint venture partnership between Hiranandani Group and Srishti Group for the LIGHTBRIDGE commercial project. LIGHTBRIDGE is set to be Powai's finest IT/ITeS offices for growing companies with state-of-the-art amenities. The project is designed as a joint development combining Hiranandani Group's expertise with Srishti Group's local market knowledge.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Srishti Group competitors and assessment
Company assessmentDirect peers
- Hiranandani Group: Mumbai-based premium real estate developer and current JV partner for Srishti's LIGHTBRIDGE project. Directly comparable in Powai micro-market focus and luxury/commercial development orientation, though at much larger scale.
- Oberoi Realty: Mumbai-focused listed developer with similar mid-to-premium residential and commercial portfolio. Comparable in micro-market focus and quality positioning, though larger and publicly listed.
- Piramal Realty: Mumbai-based premium residential developer with portfolio focus on luxury apartments. Comparable in target customer segment and quality positioning, with similar project-cycle-driven business model.
Broad incumbents
- Lodha Group (Macrotech Developers): Largest Mumbai-based residential developer, listed on Indian exchanges. Comparable in Mumbai residential focus but operates at vastly greater scale, with institutional capital and pan-India expansion.
- L&T Realty: Real estate arm of Larsen & Toubro, operating across India with significant Mumbai presence. Comparable in residential and commercial development, with institutional backing and engineering-led construction.
- Godrej Properties: Pan-India listed real estate developer with significant Mumbai presence. Comparable in residential for-sale housing focus and brand-driven differentiation, but at much larger institutional scale.
- Shapoorji Pallonji Real Estate: Mumbai-headquartered developer with diverse residential and commercial portfolio. Comparable in Mumbai focus and legacy-brand positioning, though operating at much larger scale.
- Mahindra Lifespace Developers: Listed Indian residential developer with Mumbai presence. Comparable in residential for-sale focus and brand-backed quality positioning, though larger and pan-India.
Regional players
- Prestige Group: India-based developer with growing Mumbai presence. Comparable in residential and commercial for-sale development model and quality positioning, though primarily South India-focused.
- Brigade Group: India-based listed developer with comparable residential and commercial project portfolio. Similar in operating model and mid-market positioning, but primarily South India-focused.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Srishti Group social profiles
Digital presenceSrishti Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Srishti Group leadership team
Management profileNumber of profiles
Profiles6 records
Srishti Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Srishti 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 Srishti Group
What does Srishti Group do?
Srishti Group is a Mumbai-based real estate developer that builds and sells residential apartments and commercial properties across Mumbai's Bhandup, Powai, and Mulund sub-markets. The company develops luxury and mid-market residential towers with modern amenities, alongside commercial spaces including IT/ITeS offices through a joint venture with Hiranandani Group.
Is Srishti Group a public or private company?
Srishti Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Srishti Group founded?
Srishti Group was founded in 1991. It employs 51 to 100 people.
Where is Srishti Group based?
Srishti Group is headquartered in Mumbai, India, in the Asia region.
How does Srishti Group make money?
Two revenue lines are on record. Residential Property Sales are the primary driver. The others are commercial Property Sales.
Who are Srishti Group's main competitors?
Direct peers on record are Hiranandani Group, Oberoi Realty and Piramal Realty. Broad incumbents are Lodha Group (Macrotech Developers), L&T Realty, Godrej Properties, Shapoorji Pallonji Real Estate and Mahindra Lifespace Developers. Regional players are Prestige Group and Brigade Group.
Does Srishti Group have an API?
No public API is recorded for Srishti Group.
What industry is Srishti Group in?
Srishti Group's product category is Residential Real Estate Development. Its primary akta.pro industry code is BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization). Its NAICS code is 236117 and its SIC code is 1531.