Development & Investment
Across Four Cities,
Five Decades

From legacy developments in Kolkata to commercial assets in Bengaluru, NCR and Pune — a portfolio built through conviction, patience and long-term ownership.

Kolkata

Where It All Began

The foundation of the Almal Group's development legacy was laid in Kolkata. These projects established the Group's reputation for quality, execution and long-term ownership across the city's most important commercial corridors.

Kolkata · Legacy Development

Park Plaza

Commercial · Kolkata

One of the Group's earliest and most significant developments — Park Plaza established Almal Group's credentials in commercial real estate and remains a landmark in the city.

Legacy Portfolio

Kolkata · Legacy Development

Central Plaza

Commercial · Kolkata

Legacy Portfolio

Additional Kolkata Developments

White House Saket Duckback House Aster Court Gagandeep Apartments Sterling Apartments Merlin Court Evergreen Plaza

Bengaluru

India's Technology Hub

Recognising Bengaluru's emergence as India's technology hub and the preferred destination for multinational corporations, Rahul Almal initiated the Group's first major expansion outside Kolkata in 1999 — a conviction that has been validated over the decades that followed.

Bengaluru · Commercial

Salarpuria Towers

Commercial Office · 1999

The Group's first development in Bengaluru — a landmark commercial asset that established its presence in one of India's most dynamic real estate markets.

Bengaluru · Commercial

DivyaSree Towers

Commercial Office · 2003

Built in partnership with DivyaSree — a strategic relationship that reinforced the Group's positioning within Bengaluru's institutional commercial real estate market.

NCR

The National Capital Region

The National Capital Region represented the next stage of growth following the success in Bengaluru. The Group's NCR developments strengthened its institutional development capabilities and broadened its geographic footprint.

NCR · Commercial

Welldone Tech Park

Technology Park · Gurugram

A large-scale technology park development in Gurugram — one of NCR's most significant commercial nodes — representing the Group's institutional development capabilities at scale.

NCR · Commercial

Augusta Point

Commercial Office · Gurugram

Augusta Point further established the Group's credentials in Gurugram's competitive commercial real estate landscape, attracting institutional occupiers and long-term tenants.

Pune

One of India's Fastest-Growing Markets

Since 2005, Pune has become an important pillar of the Group's strategy — representing an opportunity to participate in one of India's fastest-growing technology and knowledge economies, while complementing the Group's existing presence in Bengaluru and NCR.

Pune · Hospitality

Courtyard by Marriott

Hospitality · Hinjewadi

A flagship hospitality asset in Hinjewadi — Pune's premier technology corridor — operated under the globally recognised Marriott International brand.

Pune · Strategic Investment

Kalyani Nagar

Premium Residential · Pune

A strategic investment in Kalyani Nagar — one of Pune's most established and prestigious residential addresses — reflecting the Group's premium residential investment philosophy.

Pune · Strategic Land

Mundhwa

Land Bank · 20 Acres

A 20-acre strategic land holding in one of Pune's most dynamic growth corridors, providing long-term development optionality in a rapidly expanding market.

Prime Residential Land Bank

Additional Pune Activities

Hinjewadi Commercial Developments Strategic Real Estate Opportunities

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.

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

Representative Relationships

Built Through Consistent
Delivery & Trust

Over the years, Almal Group has built long-standing relationships with developers, occupiers, institutions and financial partners. These relationships have been built through consistent delivery, trust and a long-term commitment to partnership.

Strategic Partners

DivyaSree Panchshil Salarpuria Marriott International

Representative Occupiers & Relationships

Airtel Siemens HDFC Bank State Bank of India Punjab National Bank IndusInd Bank Allahabad Bank Concentrix CAMS Idea Cellular Avanse Financial Services Zomato Swiggy Chambal Fertilisers India Steamship

Financial Relationships

HSBC ICICI Bank Axis Bank

Portfolio Philosophy

"Rather than pursuing scale for its own sake, the Group focuses on opportunities where it can leverage its experience, relationships and long-term perspective to create sustainable value."

Alongside its development activities, Almal Group pursues selective investment opportunities across asset classes that align with its long-term ownership philosophy and disciplined capital allocation framework. The Group's investment approach is guided by patience, prudence and a focus on preserving and compounding capital across market cycles.

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Commercial Real Estate

Office, technology parks and mixed-use across strategic city locations

Hospitality

Branded hospitality assets with global operators in key growth markets

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Premium Residential

Strategic investments in premium residential in India's most established addresses

Development & Investment Across Four Cities, Five Decades