- CEO
- Narendra Manohardas Thakker
- Full Time Employees
- 106
- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- 7, Thakkers Nashik MH India 422001
- IPO Date
- Sep 29, 1994
- Business
- Thakkers Developers Limited operates primarily in the construction and real estate sector, engaged in the development of residential and commercial properties, plots/land development, retail spaces, agricultural production, and plantation activities. The company offers a diversified portfolio including residential apartments, row houses, commercial buildings, retail complexes, and agricultural land across Nashik and has recently expanded its operations to Mumbai, Alibaug, and Vadodara. Founded in 1962 and headquartered in Nashik, India, Thakkers Developers operates as part of the larger Thakkers Group, providing construction, infrastructure, and real estate development services.
The company manufactures and sells residential units such as 1 BHK to 4 BHK apartments and row houses, along with commercial and retail spaces, and engages in agricultural land development. Notable projects include large-scale residential developments like The Manor and Sea Face House in Worli and commercial properties such as Manohar Arcade and M Square in Nashik. Its projects emphasize luxury, quality, and sophistication in new urban markets. Thakkers Developers manages significant retail and commercial premises including the award-winning Thakkers Buzz’R with 650 shops.
Recent key developments include a strategic geographic expansion beyond Nashik into Mumbai, Alibaug, and Vadodara, accompanied by the launch of new residential and commercial projects in these regions. In 2025, the promoter group completed a significant internal shareholding restructuring through gift transfers, reinforcing consolidated promoter control while maintaining a stable 56.09% overall holding. The company has demonstrated continued business growth with a 2025 sales growth of approximately 2.54%, reflecting its sustained focus on real estate development and construction activities in multiple market segments and regions.
Thakkers Developers Limited operates primarily in the Indian real estate and construction industry servicing residential, commercial, retail, and agricultural sectors. It targets a broad customer base spanning homebuyers, commercial tenants, retail investors, and agricultural land users, leveraging its long-standing presence and expertise in Nashik and its expanding footprint in prominent urban centers. The company is headquartered in Nashik, Maharashtra, India.
Overall, Thakkers Developers Limited is a well-established real estate and construction enterprise that provides comprehensive real estate products and services, including residential, commercial, retail developments, and land/plots development, with recent strategic expansions into major cities and ongoing efforts to enhance its property portfolio and operational footprint. Its sustained growth, project diversity, and promoter restructuring underscore its ongoing market relevance and strategic positioning within the Indian real estate sector.