- Business
- Ladam Affordable Housing Limited engages in the real estate business in India, focusing on the construction and development of affordable mass housing projects under government affordable housing schemes. Incorporated in 1979 and headquartered in Thane, Maharashtra, the company, formerly known as Ladam Finance Limited until its name change in January 2016, monetizes its land assets to develop over 5,000 affordable homes targeting low- and middle-income buyers. Its core offerings include residential projects featuring 1/2/3 bedroom housing units; currently, it advances a 600-unit residential development at Shahapur, Maharashtra, utilizing existing land bank.
The company operates primarily in the affordable housing segment of the real estate industry, with projects concentrated in Maharashtra; it has delivered over 1,500 units historically and maintains a portfolio of fixed assets and investments supporting development activities.
Recent developments include proposals in 2024-2025 to extend unsecured loans to associate companies such as Ladam Steels Limited, Ladam Flora Private Limited, Ladam Foods Private Limited, and Lacon India Limited to aid their revival and statutory obligations, potentially enabling future joint ventures on shared Shahapur land; these transactions, approved for related-party advances up to Rs 25 lakh each, align with ongoing operational support amid low profitability and sales challenges reported in Q2 FY2026 ending September 2025. The company held its 46th Annual General Meeting in September 2025, approving director appointments and related-party loans, while preparing Q2 2026 financial results for release in November 2025. It lists on the BSE under ticker 540026 with a market capitalization of approximately Rs 13.6 crore as of late 2025.