Indo Group

What Indo Group does

Indo Group is a privately held Indian residential real estate developer headquartered in New Delhi, founded in 2017, with project operations in Delhi-NCR and Assam and a stated expansion pipeline into Goa and Kolkata. The company develops housing across three tiers, affordable (1-3 BHK units under the PMAY-U scheme in Guwahati), premium, and ultra-luxury (4 BHK LEED Platinum-certified apartments in Punjabi Bagh, New Delhi), operating under the Rang Homes sub-brand. To date, Indo Group has delivered more than 600 apartments, with Phase 1 of Rang Homes Dharapur handed over 27 months ahead of schedule, a fact prominently used in company positioning.

The company runs a technology-enabled project execution model built on SAP ERP for project monitoring, inventory, materials, and accounting, GreyT HRMS for human resources, and CCTV-enabled real-time site tracking. Rang Homes Punjabi Bagh is the only Platinum LEED-rated residential project in Delhi-NCR, while Rang Homes Dharapur was the first fully PMAY(U)-compliant project in Assam. Architect and design partnerships include Gian P. Mathur, Banka & Associates, Design Forum International, Achal Kataria Architects, AEON, and ROHA Landscape Architect, supporting premium finishes such as Pininfarina Design kitchens, German aluminium windows, and Italian marble flooring.

Indo Group's commercial model centres on one-time unit sales of residential apartments, augmented by home-loan facilitation partnerships with HDFC Bank, ICICI Bank, SBI, and Axis Bank to remove buyer financing friction. Distribution runs through direct field sales at project offices in Delhi and Guwahati, supplemented by digital enquiry forms on the company website (indogroup.in) and an investor portal. Revenue, pricing, and unit economics are not publicly disclosed. Leadership comprises Directors Yashdeep Gupta and Raj Kumar Gupta alongside a functional team of approximately 12 employees spanning materials, project management, HR, IT, billing, sales, and liaisoning.

Name

Indo Group

Legal name

Indo Group

Website

https://indogroup.in

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Indo Group is a privately held Indian real estate developer operating the Rang Homes brand across affordable, premium, and luxury residential segments in Delhi-NCR and Assam, with a planned expansion pipeline into Goa and Kolkata. The company delivers technology-enabled, LEED and PMAY(U)-certified housing projects.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Custom Home Building (IMAFABAC)

Keywords

• Residential real estate development
• Luxury apartments construction
• Affordable housing projects
• Eco-friendly construction services
• LEED certified buildings

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Residential Property Sales: Indo Group generates revenue primarily from the sale of residential apartments across its Rang Homes brand. The company operates in luxury, premium, and affordable housing categories, selling units across projects in Delhi-NCR, Assam, and expanding to Goa and Kolkata.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Indo Group develops and sells residential real estate under its "Rang Homes" brand across affordable, premium, and luxury categories. Its portfolio includes Rang Homes Dharapur Phase 1 and Phase 2 in Guwahati (affordable 1-3 BHK apartments under PMAY-U) and Rang Homes Punjabi Bagh in New Delhi (ultra-luxury 4 BHK LEED Platinum-certified apartments). The company sells units directly to buyers through field sales and its website, with home loan support through partner banks.

Product overview

Indo Group is a premier real estate developer operating in luxury, premium, and affordable residential categories. The company's product portfolio centers around its Rang Homes sub-brand, which encompasses multiple housing projects: Rang Homes Phase 1 and Phase 2 in Guwahati (affordable housing with 1-3 BHK configurations compliant with PMAY-U), Rang Homes Punjabi Bagh in New Delhi (ultra-luxury 4 BHK LEED Platinum certified project), and upcoming projects in Goa and Kolkata. Additionally, the company offers home loan facilitation services through partnerships with major banks. The company operates across residential and commercial project categories, with presence in Delhi-NCR and Assam, and expansion plans for Goa and Kolkata.

Differentiator

Problem solved

Functional benefit

Brands

• Rang Homes: Rang Homes are dream abodes for those wanting to live in finely crafted and creatively designed high-end ultra luxury apartments, affordable modern homes, and contemporary luxury villas. Brand includes Phase 1, Phase 2, and Punjabi Bagh projects.

Products and services

• Rang Homes Phase 1 (Dharapur, Guwahati) Affordable housing project featuring 310 exquisitely designed apartments across 3 towers of 8-storey buildings in Dharapur, Guwahati. Offers 1 BHK, 2 BHK, and 2.5 BHK configurations with contemporary architectural layouts, multi-purpose hall, kids play area, parking space, and an eco-friendly environment. Aimed at first-time homebuyers under PMAY(U).
• Rang Homes Phase 2 (Dharapur, Guwahati) Second phase of affordable housing in Dharapur, Guwahati comprising 290 apartments offering 1 BHK, 2 BHK, 2.5 BHK, and 3 BHK configurations. Compliant with Pradhan Mantri Awas Yojana (Urban) and approved by various banks for home loans. Features club house and game room/play area amenities. Aimed at first-time homebuyers and upgrade buyers.
• Rang Homes Punjabi Bagh (New Delhi) Ultra-luxurious 4 BHK apartment project in Punjabi Bagh, New Delhi, positioned as the only Platinum LEED rated residential project in Delhi-NCR. Features include VRV air conditioning, Italian-sourced marble flooring, Pininfarina Design kitchens, German aluminum windows for sound isolation, and rooftop gardens. Aimed at affluent buyers seeking opulent, sustainable living.
• Home Loan Facilitation Service Home loan facilitation service partnering with leading banks (HDFC, ICICI, SBI, Axis Bank) to offer buyers financing options for property purchases. Aimed at prospective homebuyers of Indo Group's residential projects.

Quantifiable outcome

• 310 apartments at Rang Homes Phase-1 delivered 27 months ahead of schedule
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor.

• Mr. Gian P. MathurminorImplementation/ SI/ Consulting PartnerMr. Gian P. Mathur is a Gold Medalist from the School of Planning and Architecture, University of Delhi, and an Associate Member of the Indian Institute of Architects. He serves as a design consultant with expertise in large-scale commercial-retail and lavish entertainment spaces, working on 50+ projects in NCR.
• Banka & AssociatesminorImplementation/ SI/ Consulting PartnerBanka & Associates provides architectural and design consultancy services including commercial projects, corporate offices, hotels, institutional projects, and housing developments. They serve as a one-window design solution partner for Indo Group.
• Design Forum InternationalminorImplementation/ SI/ Consulting PartnerDesign Forum International (DFI) is an architectural firm that has delivered projects across 17 states in India. They provide versatile design expertise across various project types, scales, and regions for Indo Group's developments.
• Achal Kataria ArchitectsminorImplementation/ SI/ Consulting PartnerAchal Kataria Architects is one of Delhi's leading architectural firms providing design and development services across diverse industries including bungalows, hospitals, hotels, corporate offices, commercial complexes, educational institutions, sports centres, airports, townships, and low-cost housing projects.
• AEON Integrated Building Design Consultants LLPminorImplementation/ SI/ Consulting PartnerAEON Integrated Building Design Consultants LLP provides integrated building design consultancy services to Indo Group, contributing to project design and development.
• US Green Building Council (USGBC)minorStrategic or Co-development PartnerUSGBC administers the LEED (Leadership in Energy and Environmental Design) certification programme. Indo Group's Rang Homes Punjabi Bagh achieved LEED Platinum certification from USGBC, making it the only Platinum LEED rated residential project in Delhi-NCR.
• ROHA Landscape ArchitectminorImplementation/ SI/ Consulting PartnerROHA Landscape Architect provides landscape architecture services for Indo Group's projects, contributing to the lush green landscaping and outdoor space design.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• DLF Limited: India's largest listed real-estate developer with a pan-India portfolio spanning luxury (DLF The Camellias), premium, and mid-income housing. Comparable to Indo Group as a multi-segment residential developer but with materially larger scale, listed status, and broader geographic reach.

Direct peers

• Kolte-Patil Developers: Listed mid-market Indian residential developer with Pune-centric and multi-city expansion (Mumbai, Bengaluru). Comparable to Indo Group as a mid-sized developer pursuing multi-city expansion beyond its home market.
• Lodha (Macrotech Developers): One of India's largest residential developers with luxury (Lodha Altamount, Lodha World Towers) and mass-market (Lodha Palava) projects. Comparable to Indo Group's hybrid luxury + affordable strategy and pan-India ambition.
• Brigade Group: South-India listed developer with residential, commercial, and hospitality projects across multiple cities. Comparable to Indo Group's diversification into commercial and sports complex projects beyond pure residential.
• Godrej Properties: Listed Indian residential developer offering premium and affordable housing across multiple cities, with strong brand and ESG positioning. Comparable to Indo Group's multi-segment residential strategy and sustainability credentials (Green-building rated projects).
• Mahindra Lifespace Developers: Listed Indian developer focused on premium residential and integrated townships with strong ESG credentials (IGBC-certified projects). Comparable to Indo Group's LEED Platinum and PMAY regulatory alignment on the sustainability side.
• Oberoi Realty: Mumbai-focused luxury residential developer known for premium finishes, branded amenities, and high-end positioning. Comparable to Indo Group's Punjabi Bagh luxury positioning (Pininfarina kitchens, Italian marble, LEED Platinum) in the ultra-luxury tier.
• Puravankara Limited: Mid-sized Indian listed developer with Purva (luxury/premium) and Provident (affordable) brands across multiple cities. Closely comparable to Indo Group's Rang Homes hybrid strategy spanning affordable (PMAY) and luxury segments.
• Prestige Group: Pan-India listed developer with a multi-segment residential portfolio (luxury, premium, affordable) and commercial projects. Comparable to Indo Group's hybrid segment strategy and multi-city footprint ambition.
• Sobha Limited: Listed Indian developer with a focus on premium and luxury residential across multiple cities and backwaRD-integrated construction. Comparable to Indo Group's premium residential strategy with high-quality materials and LEED/Green positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/indo-group

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 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 Indo Group