Since 1970  ·  Kolkata  ·  Bengaluru  ·  NCR  ·  Pune

Investment, Development
& Stewardship
Across Generations

A family-owned platform building enduring assets, strategic investments and long-term relationships for more than five decades.

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3.5M+
Sq Ft Development Activity
55+
Years of Legacy
4
Strategic Cities
1970
Founded
Chairman's Philosophy
"Our objective has never been to build the largest platform — but to build one that future generations can be proud to inherit."

For more than five decades, Almal Group has remained committed to creating enduring value through disciplined development, strategic investments and long-term ownership. We think in generations rather than quarters — and every decision is guided by that single principle.

Rahul Almal Chairman, Almal Group
Rahul Almal — Chairman
The Almal Journey

Five Decades of
Disciplined Growth

1970
Founder-led growth begins in Kolkata. Cotton trading, manufacturing and agency representation.
1994
Rahul Almal and Atul Almal join the business. Second generation involvement begins.
1999
Returns after MBA. Bengaluru expansion begins — recognising India's emerging technology hub.
2003
Rahul Almal becomes Chairman and Atul Almal becomes Vice Chairman. NCR expansion follows in 2004.
2005
Pune platform established. Strategic investments and development in one of India's fastest-growing markets.
2015
Family Office activities formalised. Capital stewardship across Indian and global markets begins.
Today
Family-Owned Investment, Development & Stewardship Platform across four cities.
Next
Disciplined growth, strategic land development and multi-generational stewardship.
Development Platform

3.5 Million Sq Ft
Across Four Cities

All Kolkata Bengaluru NCR Pune
Park Plaza, Kolkata
Kolkata
Park Plaza
Legacy Development · Kolkata
Central Plaza, Kolkata
Kolkata
Central Plaza
Legacy Development · Kolkata
Salarpuria Towers, Bengaluru
Bengaluru
Salarpuria Towers
Commercial · 1999
DivyaSree Towers, Bengaluru
Bengaluru
DivyaSree Towers
Commercial · 2003
Welldone Tech Park, NCR
NCR
Welldone Tech Park
Commercial · Gurugram
Augusta Point, NCR
NCR
Augusta Point
Commercial · Gurugram
Courtyard by Marriott, Pune
Pune
Courtyard by Marriott
Hospitality · Hinjewadi
Kalyani Nagar Investment, Pune
Pune
Kalyani Nagar
Strategic Investment · Pune
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Portfolio
All developments, investments and strategic partnerships
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Strategic Land Holdings

Long-Term Optionality.
Future Development Potential.

Over the years, the Group has assembled and retained several strategic land positions that provide flexibility in capital allocation and development timing.

Mundhwa, Pune
Pune
Mundhwa
A 20-acre development platform within one of Pune's most dynamic growth corridors. Significant long-term opportunity for mixed-use and commercial development.
Prime Residential Land Bank
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Kolkata
Palm Avenue
A prime redevelopment opportunity in one of Kolkata's most established and prestigious neighbourhoods. Potential for a landmark future development.
Prime Redevelopment
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West Bengal
Singur
A large-scale land holding positioned for logistics and industrial development as India's warehousing and supply-chain infrastructure continues to expand.
Logistics & Industrial
Family Office

Stewardship of Capital
Across Generations

The Almal Family Office oversees investments across public markets, private opportunities, real assets and strategic partnerships in India and internationally. The objective is not merely investment performance — but responsible stewardship across generations.

Investment Activities
Indian Equities
Long-term ownership of quality businesses
Global Equities
International diversification
Fixed Income
Capital preservation and income generation
Alternative Investments
Real assets and private opportunities
Investment Philosophy
Capital Preservation
Protecting what has been built across generations
Disciplined Allocation
Patience and prudence in deployment
Long-Term Ownership
Compounding value across market cycles
Multi-Generational Stewardship
Building a platform for future generations
Learn About Our Family Office →
Leadership

Guided by Experience.
Built on Relationships.

Rahul Almal
Rahul Almal
Chairman

Joined the family business in 1994 at age 19. Completed his MBA from Clark University and assumed full-time leadership in 1999. Led the Group's expansion into Bengaluru, NCR and Pune. Became Chairman in 2003 at age 27. Active member of YPO.

Active member of YPO

Atul Almal
Atul Almal
Vice Chairman

Brings deep expertise in accounting, finance and business administration. His analytical approach complements the Group's strategic direction by translating long-term vision into disciplined execution, governance and financial oversight.

Active member of EO

View Full Leadership Profile →
Opportunities

Partner With Us

We pursue selective opportunities where we can leverage our experience, relationships and long-term perspective to create sustainable value.

Commercial Leasing

Premium office and commercial space across Bengaluru, NCR and Pune. Long-term leasing partnerships with institutional occupiers.

Development Partnerships

Joint development opportunities across residential, commercial and mixed-use projects with aligned partners who share our long-term philosophy.

Land Opportunities

Strategic land acquisition across growth corridors in Pune, NCR and Bengaluru. Patient capital with a long-term development perspective.

Strategic Investments

Co-investment opportunities in commercial real estate, hospitality and premium residential with select institutional and family partners.

Hospitality Opportunities

Partnerships in the hospitality sector building on our experience with Courtyard by Marriott Hinjewadi and relationships with global operators.

Start a Conversation

We respond to every serious inquiry personally. No automated routing — direct access to the team.

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Corporate Profile

The Complete Picture

Our corporate profile covers the full story — founding history, geographic expansion, portfolio, family office, leadership and governance values.

Building Long-Term Relationships Since 1970

Reach out to discuss partnerships, leasing, investments or any other enquiry.

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