What Golden Group does

Golden Group is a Surat-headquartered, privately held Indian real estate development group founded in 2005 that builds and sells residential units, commercial complexes, and industrial estates across south Gujarat, primarily in Surat, Bharuch, and Ankleshwar. Over 20 years the group has completed 22 projects spanning approximately 5.5 million square feet, delivering 6,300+ residential units (bungalows, villas, and 1-4 BHK flats), 2,700+ commercial units (shops, offices, showrooms, and multiplex spaces), and 468 industrial plots via the Golden Industrial Estate at Delad, Surat on National Highway 48. The company operates a direct-to-consumer model with seven on-site sales offices, project-specific websites, and YouTube virtual tours, with quote-based pricing rather than publicly listed rates. Several projects hold RERA approvals and the group holds an ISO certification for Golden Heaven Surat.

The broader Golden Group umbrella extends beyond real estate into diamond manufacturing and textile operations, employing over 2,500 individuals across these sectors, with real-estate-focused subsidiaries including Shrungal (specializing in Althan-area Surat residential projects since 2005, with 10+ sub-projects) and Key Star. Notable ongoing and recent developments include Golden Luxuria Bharuch (260 flats), Golden Nirvana 2BHK Flats & Shops Ankleshwar (140 flats + 52 shops, launched 2024/2025), and Golden Square Bharuch (a 252-unit commercial complex anchored by D'Mart and a 3-screen multiplex). Revenue is generated through one-time sale transactions of developed properties rather than recurring rental or leasing income. The company does not disclose revenue, pricing, ownership structure, or external investors in publicly available material, and it has no disclosed AI/ML capabilities, patents, or technology platform differentiation beyond conventional project marketing.

Name

Golden Group

Legal name

Golden Group

Website

https://goldengroup.net.in

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Golden Group is a Surat-based, privately held Indian real estate developer founded in 2005 that builds and sells residential units, commercial complexes, and industrial estates across south Gujarat, having delivered 6,300+ residential units and 2,700+ commercial units across 22 projects.

Ownership category

akta.pro rank

Headquarters

HQ city

Surat

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Sales: Revenue generated from selling residential units including bungalows, villas, and flats across multiple configurations (1 BHK to 4 BHK). Sales are one-time transactions with property ownership transferred to buyers.
2. Commercial Property Sales: Revenue from selling commercial spaces including shops, offices, showrooms, and multiplex spaces in commercial complexes.
3. Industrial Plot Sales: Revenue from sale of industrial plots in estates such as Golden Industrial Estate, which offers 468 plots of varying sizes.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Golden Group is a Gujarat-based real estate developer that builds and sells residential properties (bungalows, villas, and 1-4 BHK flats), commercial complexes (shops, offices, multiplexes, showrooms, food courts), and an industrial estate with 468 plots. The company operates across Surat, Bharuch, and Ankleshwar, selling directly to end-buyers through on-site sales offices and its website. Completed since 2005: 22 projects, 5.5 million sq. ft., 6,300+ residential units, and 2,700+ commercial units.

Product overview

Golden Group is a real estate development company offering a diversified portfolio of residential, commercial, and industrial projects. The company operates primarily in Gujarat, India (Surat, Bharuch, and Ankleshwar), with over 22 completed projects spanning 5.5 million sq. ft. Residential offerings include bungalows (Golden Nirvana, Golden Palm Villa, Golden Homes), apartments (Golden Heaven, Golden Luxuria, Golden Residency, Golden Nirvana flats), and mixed-use villa projects (Golden Villa). Commercial projects include shopping complexes (Golden Square, Golden Palm Plaza) and an industrial estate. The portfolio ranges from affordable 1-2 BHK units to luxury 3-4 BHK bungalows and flats. The group also operates in diamond manufacturing and textile industries through subsidiaries like Shrungal for residential development.

Differentiator

Problem solved

Functional benefit

Brands

• Shrungal: Residential-focused subsidiary of Golden Group, specializing in luxurious residential projects in the Althan area of Surat. Established in 2005, Shrungal has developed more than 10 residential projects.

Products and services

• Golden Nirvana 3BHK Bungalows Ankleshwar Luxurious 3BHK bungalows in Ankleshwar with modern amenities including landscaped garden, children's play area, gym, basement parking, and security features. The project includes 43 bungalows and is positioned for families seeking premium residential living.
• Golden Nirvana 2BHK Flats & Shops Ankleshwar Mixed-use development in Ankleshwar combining 2BHK residential flats and premium shops, designed for modern living alongside commercial activity. Includes 140 flats and 52 shops with amenities such as landscaped garden, gym, clubhouse, and basement parking.
• Golden Luxuria Bharuch Residential project in Bharuch with 260 flats in 2 and 3 BHK configurations, designed by architect Sanjay Joshi. Features include gym, jogging track, indoor games, basement and ground parking, sculpture with waterbody, and a dedicated senior citizen area. RERA approved.
• Golden Villa Ankleshwar Premium 4 BHK villas in Ankleshwar with an integrated commercial shopping center. Includes 18 villas of three luxurious floors each, offering both residential comfort and roadside shopping opportunities, with landscape garden and children's play area.
• Golden Residency Bharuch Residential and commercial project in the heart of Bharuch comprising 8 towers with 1 and 2 BHK flats totaling 390 units. Amenities include sitting area, walkway, water body, pickup/drop area, banquet hall, and indoor games. RERA approved.
• Golden Heaven Surat Luxurious residential project in Surat's Mota Varachha area with 140 flats in 3 blocks of 14 floors each in 3 and 4 BHK configurations. Designed by architect Sanjay Joshi with landscape garden, children's play area, gymnasium, banquet hall, and water fountain. ISO certified.
• Golden Homes Ankleshwar 3 BHK two-story luxurious bungalows in Ankleshwar offering peace and natural beauty. Project includes 54 bungalows with three landscaped gardens, children's playing zone, CCTV cameras, jogging track, and party plot.
• Golden Palm Villa Ankleshwar Luxury 3 BHK bungalows in Ankleshwar designed for 74 families with state-of-the-art amenities including club house, indoor games, children's park, senior citizen park, personal garden, parking, marble stairs, and RO plant. Premium finishes throughout.
• Golden Palm Plaza Ankleshwar Modern commercial building in Ankleshwar with shops on the Ground and 1st floors and offices on the 2nd to 4th floors. Suitable for showrooms, shops, corporate offices, banks, ATMs, supermarket, hotel, and party hall. Includes 100 shops/offices with design focused on natural light.
• Golden Square Bharuch Iconic commercial project in Bharuch designed by architect Sanjay Joshi offering shops, offices, multiplex, showrooms, food court, and super stores. Features include separate entries, wide reception lobby, lifts, and open terrace garden. Massive 102 offices and 150 shops with 26 amenities including a D'Mart superstore and 3-screen multiplex. RERA approved.
• Golden Square Ankleshwar State-of-the-art commercial project in the heart of Ankleshwar with a total built-up area of 1,00,000 square feet. Includes 186 shops and 72 offices, with 136 shops offering central air-conditioning. Suitable for retail, office, and showroom use.
• Golden Industrial Estate Industrial estate at Delad, Surat, with connectivity to National Highway 48. Provides 468 plots in standardized sizes of 17×100 and 17×120 square feet, with attractive entry gate, compound wall, RCC roads, electricity points, gas line, drainage facility, street lights, N.A. (Non-Agricultural) approval, and four wide garden areas. Completed in 2016.
• Shrungal Residential Projects Shrungal is a wholly-owned residential subsidiary of Golden Group, specializing exclusively in residential projects in Surat's Althan area. Established in 2005, Shrungal has developed more than 10 luxurious projects across sub-brands including Shrungal Homes, Shrungal Heaven, Shrungal Home, Shrungal Nirvana, Shrungal Palace, and Shrungal Solitaire.

Quantifiable outcome

• 22 completed projects with 5.5 million sq ft constructed area
• +1 more outcomes

Named customers3 records

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 highlights4 records

Direct peers

• Brigade Group: South India-based developer with strong focus on tier-2 city expansion, developing residential, commercial, and integrated townships comparable to Golden Group's multi-segment Gujarat portfolio.
• Oberoi Realty: Mumbai-focused luxury and premium residential developer building premium apartments and mixed-use projects with similar product positioning to Golden Group's luxury bungalow offerings.
• Adani Realty: Real estate arm of the Adani Group with significant presence in Gujarat (Ahmedabad) and Mumbai, developing residential, commercial, and mixed-use projects of similar scale to Golden Group.
• Sobha Limited: Listed Indian real estate developer focused on residential apartments and villas with backward-integrated construction capabilities, operating in multiple tier-2 markets like Golden Group.
• Piramal Realty: Mumbai-based residential developer focused on mid-to-premium housing with quality construction positioning, comparable to Golden Group's residential development strategy.
• Godrej Properties: Listed Indian residential developer with a national footprint including tier-2 cities, developing apartments and villas across price points comparable to Golden Group's portfolio.

Broad incumbents

• DLF Limited: India's largest listed real estate developer with pan-India residential, commercial, and retail developments; competes with Golden Group in commercial complexes and premium residential.
• Macrotech Developers (Lodha): One of India's largest listed real estate developers with a national footprint across residential and commercial segments; much larger scale than Golden Group but overlapping in residential mid-premium offerings.
• Shapoorji Pallonji Real Estate: Diversified Indian developer with residential and commercial projects across multiple cities, offering luxury and mid-segment housing comparable to Golden Group's premium offerings.
• Tata Housing: Pan-India residential developer under the Tata Group with projects across tier-1 and tier-2 cities, competing for the same mid-to-premium residential buyers Golden Group targets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/GoldenGroup
• Facebookfacebook.com/officialgoldengroup
• LinkedInlinkedin.com/company/goldengroupofficial

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 Golden Group