Shalimar
Shalimar Corp Limited is a privately held, family-controlled real estate and infrastructure developer headquartered in Lucknow, India, building residential townships, apartments, and commercial properties across Uttar Pradesh, with 60+ projects spanning 21 million sq ft and 8,500+ families served since 1988.
- Company typePrivate
- Founded1985
- HeadquartersLucknow, India
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Shalimar does
Shalimar Corp Limited is a privately held, diversified real estate and infrastructure group headquartered in Lucknow, Uttar Pradesh, India, with a registered office in Delhi. Established in 1988, the company operates across five business verticals: residential and commercial real estate development, property management, highway infrastructure, civil construction, and glass processing. Its real estate portfolio includes the flagship 225-acre integrated Shalimar OneWorld township in Gomti Nagar Extension, Lucknow, alongside individual residential projects (Shalimar Sky Garden, Garden Bay Crown, Mannat Extension 3, Gallant West, Shalimar Evara), commercial assets (Shalimar Business District, Shalimar Gateway Mall), and lifestyle amenities (The Oasis club, Regal Club & Resort), with recently launched expansion into Varanasi via Shalimar Courtyard. Across 60+ projects the company has developed 21 million square feet of space, serving more than 8,500 families, and employs over 1,000 staff.
The business model is a direct-to-consumer real estate developer model: properties are sold on a quote-based, one-time-purchase basis through project sales offices and the corporate website, with all projects RERA-registered under UP-RERA jurisdiction. Target customers are individual homebuyers seeking 2 BHK to 4 BHK apartments, villas, and plots, plus a secondary commercial property investor segment. Go-to-market relies on field sales offices at project sites, digital channels (website, social media, blogs, testimonials), and direct enquiry handling. Marketing emphasizes premium positioning, world-renowned architects, and trusted delivery from a 38-year operating history. The company is family-controlled under the Masood and Seth families, with Khalid Masood as Managing Director leading the stated 2026-27 strategic expansion into Varanasi and continued Uttar Pradesh development.
Shalimar firmographics
Firmographics- Name
- Shalimar
- Legal name
- Shalimar Corp Limited
- Website
- https://www.shalimarcorp.com/
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Shalimar Corp Limited is a privately held, family-controlled real estate and infrastructure developer headquartered in Lucknow, India, building residential townships, apartments, and commercial properties across Uttar Pradesh, with 60+ projects spanning 21 million sq ft and 8,500+ families served since 1988.
- Ownership category
- akta.pro rank
Where Shalimar is headquartered
LocationHeadquarters
- HQ city
- Lucknow
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Shalimar business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Real Estate Development: Developing and selling residential and commercial properties including apartments, villas, plots, and townships
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Residential properties ranging from 2 BHK to 4 BHK apartments, villas and plots |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Shalimar product offering
Product offeringCore offering
Shalimar Corp Limited is a diversified real estate and infrastructure group that develops and sells residential townships, individual apartment projects, villa plots, and commercial properties across Uttar Pradesh, India. Its flagship offering is the 225-acre Shalimar OneWorld integrated township in Lucknow, complemented by individual residential projects (such as Shalimar Sky Garden, Garden Bay Crown, Shalimar Courtyard), commercial developments (Shalimar Business District, Shalimar Gateway Mall), and lifestyle amenities (The Oasis, Regal Club & Resort). Beyond real estate, the group operates in highway infrastructure, civil construction, and glass processing.
Product overview
Shalimar Corp Limited is a diversified real estate development company headquartered in Lucknow, Uttar Pradesh, India, established in 1988. The company operates as a portfolio-based property developer offering residential townships, individual residential projects (apartments, villas, plots), and commercial properties across Lucknow, Varanasi, and other parts of Uttar Pradesh. Key products include the flagship 225-acre Shalimar OneWorld township, individual residential projects like Shalimar Sky Garden, Garden Bay Crown, and Mannat Extension 3, commercial spaces including Shalimar Business District and Shalimar Gateway Mall, and lifestyle amenities such as The Oasis club and Regal Club & Resort. The portfolio spans over 60 projects with 21 million square feet of developed space serving more than 8,500 families.
Differentiator
Problem solved
Functional benefit
Products and services
- Shalimar OneWorld A 225-acre integrated township development in Gomti Nagar Extension, Lucknow, featuring residential and commercial spaces. Targeted at individual homebuyers and families seeking a comprehensive township living experience.
- Shalimar Courtyard Residential project on Lahartara Road, Varanasi, offering 3 BHK + SQ + Terrace and 4 BHK configurations. Targeted at homebuyers seeking premium apartments in Varanasi.
- Shalimar Sky Garden Residential project located at Vibhuti Khand, Lucknow, offering 3 BHK and 4 BHK apartments with servant quarters. RERA No. UPRERAPRJ160941.
- Garden Bay Crown Residential project on IIM Road, Lucknow, featuring 2 BHK, 2 BHK + Study, and 3 BHK apartments.
- Shalimar Mannat Extension 3 Residential project on Ayodhya Road, Barabanki, offering 2 BHK, 2 BHK + Study, and 3 BHK apartments across a 27.21-acre township.
- Shalimar Evara Villa plots project spanning 14.23 acres on Ayodhya Road, Lucknow. Targeted at buyers seeking villa plots for custom-built homes.
- Gallant West 4 BHK apartment project located in Mahanagar, Lucknow, targeted at premium luxury homebuyers.
- Shalimar Gateway Mall Shopping mall operated by Shalimar Corp for retail and commercial activities, serving retail tenants and shoppers.
- The Oasis Club Club facility offered within Shalimar's portfolio of lifestyle amenities for residents and members.
- Regal Club & Resort Club and resort facility within Shalimar's community amenities, serving residents and members.
- Shalimar Business District Commercial project positioned as the epicentre of progress in Lucknow, offering office and commercial spaces to businesses and investors.
- Shalimar Pinnacle Luxury residential project positioned as a destination for exceptional living, located within Shalimar OneWorld township.
- Shalimar Marbella Residential project targeting luxury living within Shalimar OneWorld township, Lucknow.
- Shalimar Twenty One Residential project featuring magnificent landscapes, located within Shalimar OneWorld township.
- Shalimar Valencia County East Phase II Phase II of the Valencia County East residential project offering grand living, within Shalimar OneWorld township.
- Shalimar Valencia Towers Phase 2 Phase 2 of Valencia Towers offering exotic life experiences, within Shalimar OneWorld township.
Quantifiable outcome
- Over 8,500 families served with quality homes
Companies that use Shalimar
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Shalimar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Shalimar partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ALIGcoreShalimar Corp, in collaboration with ALIG, is spearheading the Primary School Peer Nagar project, aimed at uplifting underserved communities through educational interventions. Enrolling 678 students in the 2022-2023 session, the initiative deploys two full-time teachers to ensure equal learning opportunities through a diverse curriculum spanning English, arts, sports, digital literacy, adult education, environmental awareness, STEM, and library initiatives.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Shalimar competitors and assessment
Company assessmentEmerging players
- Brigade Enterprises: Diversified real estate developer with residential, commercial, hospitality, and integrated township projects. Comparable diversified conglomerate profile, though primarily South India-based.
- Sobha Limited: Premium residential developer with backward-integrated construction capabilities (in-house manufacturing, glazing, and interiors). Comparable integrated/quality-focused operating model to Shalimar's civil construction and glass processing capabilities.
Broad incumbents
- Tata Housing: National residential developer under the Tata Group with projects across major Indian cities including emerging Tier-2 markets. Comparable premium-segment positioning with broader geographic reach.
- Godrej Properties: Pan-India premium and mid-segment residential developer backed by the Godrej Group. A broad incumbent expanding aggressively across Tier-1 and Tier-2 cities, comparable to Shalimar's premium positioning.
- DLF Limited: India's largest listed real estate developer with diversified residential, commercial, and retail portfolio. Increasingly entering Tier-2 markets like Lucknow, posing competitive pressure on regional players such as Shalimar.
Direct peers
- Parsvnath Developers: North India-focused listed real estate developer with residential townships, commercial, and mixed-use projects across multiple states. Comparable regional developer profile to Shalimar.
- Eldeco Group: North India residential developer with significant presence in Lucknow and other UP cities, focused on integrated townships and mid/premium apartments. Closely comparable to Shalimar in geography and product positioning.
- Supertech Limited: NCR/North India residential developer known for high-rise apartments and township projects. Comparable regional product offering though with metro-NCR skew.
- Omaxe Limited: North India-focused real estate developer with residential, commercial, and township projects across Tier-2/3 cities including Lucknow. Directly comparable in geography, product mix, and target customer segment.
- Ansal API: Delhi-NCR and North India real estate developer active in residential townships, plotted development, and commercial projects. Comparable scale and regional orientation to Shalimar.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Shalimar social profiles
Digital presenceShalimar compliance and trust
Trust signalCompliance1 record
Shalimar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shalimar leadership team
Management profileNumber of profiles
Profiles1 record
Shalimar subsidiaries and ownership
Company hierarchySubsidiaries1 record
Shalimar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shalimar 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 Shalimar
What does Shalimar do?
Shalimar Corp Limited is a diversified real estate and infrastructure group that develops and sells residential townships, individual apartment projects, villa plots, and commercial properties across Uttar Pradesh, India. Its flagship offering is the 225-acre Shalimar OneWorld integrated township in Lucknow, complemented by individual residential projects (such as Shalimar Sky Garden, Garden Bay Crown, Shalimar Courtyard), commercial developments (Shalimar Business District, Shalimar Gateway Mall), and lifestyle amenities (The Oasis, Regal Club & Resort). Beyond real estate, the group operates in highway infrastructure, civil construction, and glass processing.
Is Shalimar a public or private company?
Shalimar is a private company. It is classified as family owned and is currently operating.
When was Shalimar founded?
Shalimar was founded in 1985. It employs 501 to 1,000 people.
Where is Shalimar based?
Shalimar is headquartered in Lucknow, India, in the Asia region.
How does Shalimar make money?
One revenue line is on record: real Estate Development.
Who are Shalimar's main competitors?
Emerging players on record are Brigade Enterprises and Sobha Limited. Broad incumbents are Tata Housing, Godrej Properties and DLF Limited. Direct peers are Parsvnath Developers, Eldeco Group, Supertech Limited, Omaxe Limited and Ansal API.
Does Shalimar have an API?
No public API is recorded for Shalimar.