DSD Group

What DSD Group does

DSD Group is a privately held, family-controlled Mumbai-based holding company that develops residential and commercial real estate, founded in 2000 and operating primarily through three wholly-owned subsidiaries: DSD Infrastructure, Alice Real Estates, and Dev Pooja Builders. Its core business is small-to-mid-scale society redevelopment and multi-storey apartment construction in western and central Mumbai suburbs (Chembur, Borivali, Bandra, Andheri West), with one completed commercial asset (D'Victorian Mall) and a current flagship ongoing project (Aura, a luxury multi-BHK development registered with MahaRERA as P51800026945). Across roughly ten named projects the firm has delivered between 10 and 16 storey buildings, typically with 25-44 residential units each, often re-developing older housing societies into branded mid-to-premium apartment configurations.

The company operates as a direct-to-consumer developer with no intermediary channel: units are sold through on-site sales, project e-brochures on the company website, and direct calls or emails to the named principals (Purab Doshi and Siddh Doshi). Revenue is one-time, generated per unit sale; pricing is quote-based and not publicly disclosed, varying by configuration (2 BHK through 4 BHK in Aura). There is no externally disclosed funding, no public listing, and no evidence of institutional or third-party capital; the headquarters itself is co-located in one of the firm's own assets (Sanghvi Villa, Andheri West). The technology posture is explicitly traditional — no proprietary software, no APIs, no AI capability — with execution differentiation claimed through long-standing ties to reputed architects and consulting engineers, on-time delivery, and a "quality over quantity" operating philosophy.

The addressable customer base is individual end-buyers and commercial tenants in Mumbai's established neighborhoods; the firm does not publish customer logos and there is no indication of large institutional or enterprise anchor buyers. The combination of family ownership, project-lumpy revenue, single active sales channel (direct), narrow geographic footprint, and absence of digital infrastructure defines a small-scale, relationship-driven developer rather than a scalable real estate platform.

Name

DSD Group

Legal name

DSD Group

Website

https://thedsdgroup.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

DSD Group is a privately held, family-owned Mumbai real estate developer founded in 2000, executing small-to-mid-scale society redevelopments and multi-storey residential projects across Chembur, Borivali, Bandra, and Andheri, with one flagship ongoing luxury project (Aura) sold direct-to-consumer.

Ownership category

akta.pro rank

Headquarters

HQ city

Andheri

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Sales: Revenue generated from the sale of residential apartments and commercial spaces across various projects in Mumbai. The company develops and sells multi-storey apartment complexes, re-development of societies, shopping malls, and mixed-use residential/commercial properties.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

DSD Group develops and sells residential and commercial real estate properties in Mumbai, including multi-storey apartment complexes, society redevelopment projects, mixed-use developments, and shopping malls. Its portfolio includes branded projects such as Aura (luxury 2-4 BHK apartments), Krithika Terraces, Nandadeep, Sanghvi Villa, Madhav, Varde Villa, Vishnu Kunj, Lucky House, Pitrukrupa Terraces, and D'Victorian Mall, sold directly to buyers through its own sales channels.

Product overview

DSD Group is a real estate development company offering a portfolio of residential and commercial projects in Mumbai. The company operates as a unified offering platform with multiple named projects across Mumbai suburbs (Chembur, Borivali, Bandra, Andheri). The portfolio consists primarily of residential redevelopment projects including Aura (luxury apartments with multiple BHK configurations), Krithika Terraces, Nandadeep, Sanghvi Villa (mixed-use), Madhav, Varde Villa, Vishnu Kunj, Lucky House, and Pitrukrupa Terraces, plus one commercial property (D'Victorian Mall). Projects range from 10 to 16 stories and include various apartment types, amenities, and specifications.

Differentiator

Problem solved

Functional benefit

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core.

• DSD InfrastructurecoreOthersGroup company within DSD Group of Companies. DSD Infrastructure is part of the parent organization structure, serving as an infrastructure development arm.
• Alice Real EstatescoreOthersGroup company within DSD Group of Companies. Alice Real Estates operates as a real estate development entity under the DSD Group umbrella.
• Dev Pooja BuilderscoreOthersGroup company within DSD Group of Companies. Dev Pooja Builders serves as a construction and development entity within the corporate group structure.
• Reputed Firms of ArchitectscoreStrategic or Co-development PartnerDSD Group collaborates with reputable architecture firms for project design. Projects are carried out in conjunction with reputed firms of architects, consulting engineers, and clients to exacting standards.
• Consulting EngineerscoreStrategic or Co-development PartnerDSD Group partners with consulting engineers for project execution, ensuring technical expertise and quality standards are maintained across all developments.

Scale indicators2 records

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Lodha Group (Macrotech Developers): Largest listed Mumbai-focused residential developer; comparable to DSD Group in that both target Mumbai's premium suburbs for residential development, but Lodha operates at vastly greater scale with institutional capital and a national brand.
• Oberoi Realty: Listed Mumbai developer focused on premium residential and commercial projects in similar submarkets (Andheri, Goregaon, Mulund). Comparable product positioning to DSD Group's luxury Aura project, though at materially larger scale.
• Hiranandani Group: Established Mumbai developer of townships and premium residential projects. Comparable to DSD Group in residential focus and western-suburban Mumbai footprint, though with much larger land holdings and integrated township development model.
• Kalpataru Limited: Diversified Indian developer with residential projects in Mumbai metropolitan region. Comparable to DSD Group in residential apartment focus, though Kalpataru is publicly listed and operates pan-India across multiple asset classes.
• Piramal Realty: Mumbai-focused premium residential developer backed by the Piramal Group. Comparable to DSD Group's luxury positioning (e.g., Aura) but operates with corporate parent capital and wider product breadth.
• Shapoorji Pallonji Real Estate: Large diversified Indian developer with significant Mumbai residential and society redevelopment presence. Comparable to DSD Group on redevelopment model but operates with far greater institutional backing and brand recognition.
• Godrej Properties: One of India's largest listed real estate developers with significant Mumbai presence across price points. Comparable in targeting Mumbai residential demand but with national scale, institutional backing, and a substantially larger project pipeline.

Direct peers

• DB Realty: Mumbai-based residential and commercial developer operating in similar submarkets. Comparable to DSD Group in scale, residential focus on Mumbai, and project mix including redevelopment opportunities.
• Rustomjee Group: Mumbai-based mid-sized residential developer with similar submarket focus and project scale. Strongly comparable to DSD Group in targeting premium apartments and society redevelopment in Mumbai's western suburbs and central suburbs.
• Wadhwa Group: Mumbai-based residential developer with comparable focus on mid-to-premium apartments in suburban Mumbai. Similar in scale and approach to DSD Group's portfolio of multi-storey residential projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 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 DSD Group