Shalimar Corp Ltd.

What Shalimar Corp Ltd. does

Shalimar Corp Limited is a privately-held Indian diversified business house incorporated in 1988 and headquartered in Lucknow, Uttar Pradesh, India, with operational presence spanning real estate development, property management, highway infrastructure, civil construction, and glass processing. The core real estate business develops residential projects (apartments, villas, penthouses, duplex houses), commercial properties (Shalimar Business District, retail streets, office spaces), and large-scale townships (Garden Bay, Garden Bay Crown, Shalimar oneworld) across Lucknow, Delhi/NCR, and Varanasi, with 60+ projects completed or ongoing and 21 million sq. ft. of cumulative development.

The company's product portfolio operates under two brand tiers: the main Shalimar Corp brand and the integrated Shalimar oneworld sub-brand platform, supplemented by wholly-owned lifestyle assets including Shalimar Gateway Mall, The Oasis Club, and Regal Club & Resort. All residential projects are registered with UP RERA with publicly disclosed registration numbers, and units are configured across 2 BHK, 3 BHK, and 4 BHK formats plus premium villas and penthouses. The technology stack is traditional real estate development and construction with no proprietary digital platform.

Shalimar generates revenue primarily through one-time sale of residential and commercial units (one-time license model) with quote-based pricing that is not publicly disclosed, supplemented by recurring property management and lifestyle revenue from mall and club operations. Go-to-market is direct-to-consumer via on-site sales offices, the corporate Lucknow headquarters, website enquiry forms, and active social media presence. Customer segments include residential homebuyers (primary, middle-to-high income families seeking premium living), commercial property buyers, and NRI investors, with 8,000+ families served to date.

Name

Shalimar Corp Ltd.

Legal name

Shalimar Corp Limited

Website

https://shalimar.org

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Shalimar Corp Limited is a privately-held Indian real estate developer founded in 1988 and headquartered in Lucknow, building premium residential projects, commercial spaces, and integrated townships across Lucknow, Delhi/NCR, and Varanasi for middle-to-high-income homebuyers and NRI investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Lucknow

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Residential Property Sales: Sale of residential units including apartments, villas, penthouses, and duplex houses in various projects across Lucknow, Delhi/NCR, and other locations.
2. Commercial Property Sales: Sale of commercial spaces including retail streets, office spaces, and the Shalimar Business District commercial complex.
3. Township Development: Large-scale township projects including Garden Bay, Garden Bay Crown, and Shalimar Townships.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Shalimar Corp Limited is a Lucknow-based real estate developer that constructs and sells premium residential projects (apartments, villas, penthouses, duplex houses in 2/3/4 BHK configurations), commercial spaces, and integrated townships across Lucknow, Delhi/NCR, and Varanasi. The company also operates lifestyle amenities including a shopping mall and club/resort facilities. All projects are RERA-registered and developed under the Shalimar Corp and Shalimar oneworld brands.

Product overview

Shalimar Corp Ltd. is a diversified real estate developer established in 1988 and headquartered in Lucknow, Uttar Pradesh, India. The company operates as a multi-project real estate platform with a portfolio spanning residential developments (including Shalimar Evara Heights, Shalimar Courtyard, Shalimar Pinnacle, Shalimar Sky Garden, Shalimar Valencia Towers, Shalimar Marbella, Shalimar Twenty One, Shalimar oneworld branded properties, and township projects like Garden Bay and Garden Bay Crown), commercial spaces (Shalimar Business District), and lifestyle amenities (Shalimar Gateway Mall, The Oasis Club, Regal Club & Resort). The company offers various residential unit configurations (2 BHK, 3 BHK, 4 BHK flats, penthouses, villas, and duplex houses) across its projects. With 60 total projects and 21 million sq. ft. of development, the portfolio is organized under the primary Shalimar Corp brand and the Shalimar oneworld sub-brand, with individual project names serving as distinct product offerings rather than a unified software platform.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 21 Million sq. ft. of development delivered
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Prestige Group: Large South India-headquartered developer of premium residential projects, malls, hotels, and commercial spaces. Comparable integrated product mix spanning residential, retail, and hospitality, though regionally focused.
• Brigade Enterprises: South India-listed developer of residential apartments, villas, townships, and commercial offices. Comparable integrated-developer model to Shalimar, but primarily serves Bengaluru and South Indian markets rather than North India.

Direct peers

• Eldeco Group: Lucknow-headquartered developer of premium residential projects, townships, and commercial spaces across North India. Closely comparable to Shalimar in geography (Lucknow/Uttar Pradesh), product mix (apartments, villas, townships), and scale.
• Supertech Limited: NCR-headquartered developer of residential towers, townships, and commercial projects in North India with multi-decade operating history — comparable model to Shalimar's mid-sized regional portfolio.
• Omaxe Limited: Listed Indian real estate developer and contractor with strong North India presence including Lucknow and Varanasi, spanning integrated townships, group housing, and commercial properties — directly comparable to Shalimar's portfolio.
• Ansal Housing / Ansal API: Long-established North India developer with projects across Lucknow, Greater Noida, and surrounding regions, building townships, residential apartments, and commercial centres — comparable geographic and product focus.

Broad incumbents

• DLF Limited: India's largest listed real estate developer with a nationwide presence that includes Lucknow and NCR. Operating broadly across premium residential, commercial, and township categories, comparable in segment though not in geography or scale.
• Mahindra Lifespace Developers: Pan-India listed developer of premium residential and integrated townships. Compares with Shalimar on premium residential positioning and integrated-township development model, though at much larger scale.
• Godrej Properties: Pan-India listed developer with active projects in Lucknow (e.g., Godrej Golf Links) and Varanasi. Larger incumbent operating in the same residential and township segments as Shalimar at greater scale and brand reach.
• Sobha Limited: Premium residential and township developer with pan-India footprint. Comparable in luxury residential positioning and self-reliant construction capabilities, though operating at materially greater scale than Shalimar.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/shalimarcorpltd
• Facebookfacebook.com/shalimarcorpltd
• LinkedInlinkedin.com/company/shalimar-corp-ltd-
• Instagraminstagram.com/shalimarcorpltd
• YouTubeyoutube.com/@ShalimarCorpLimited

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 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 Shalimar Corp Ltd.