Kumar Urban Development Ltd — operating under the Kumar Properties and Kumar Builders brand names — is one of Pune's longer-established real estate developers, best known locally for the large Nanded City township. Here is what's publicly documented about the company.
Founding & Corporate Structure
The Kumar Properties business traces its founding to 1966, under K. H. Oswal, and expanded through the 1970s and 1980s under Lalit Kumar Jain, who is credited by the company with building it into one of Pune's more recognized residential developers. The registered corporate entity, Kumar Urban Development Private Limited, was incorporated on 25 May 1993 and is registered with the Registrar of Companies, Pune. It is a privately held company, so its financial disclosures are not subject to stock-exchange reporting requirements.
Scale, By the Numbers
According to the company's own corporate materials, Kumar Properties has delivered more than 125 projects in Pune and Mumbai to date. Its most prominent current development is Nanded City, a roughly 700-acre integrated township on Sinhagad Road in Pune, where construction has continued in phases since work began in 2010.
Why This Matters If You're Evaluating a Kumar Properties / Nanded City Project
A long operating history in Pune is worth noting, but it doesn't substitute for checking the specific project or phase you're considering:
- Kumar Urban Development is privately held, so scale figures (project count, area developed) are company-reported rather than drawn from independently audited public filings.
- Large townships are typically developed in phases, each separately registered. For a project like Nanded City, confirm the MahaRERA registration, promised completion date, and escrow account for the specific phase or building you're evaluating — not the township as a whole.
Browse verified flats for sale in Pune on Roomii — each listing surfaces its own MahaRERA registration number where available, so you can check the specific project yourself at the official portal.
This profile is based on publicly available information as of August 2026 — primarily the company's own corporate disclosures — and does not constitute an endorsement, partnership claim, or investment recommendation by Roomii. Always verify a specific project's current MahaRERA registration status at maharera.mahaonline.gov.in before making a purchase decision.
Sources
| Source | Article/Page Title | Date | URL |
|---|---|---|---|
| Kumar Corp / Kumar World | Our Legacy & Vision — Corporate Profile | Accessed Aug 2026 | kumarworld.com ↗ |
| Kumar Properties | Homepage | Accessed Aug 2026 | kumarcorp.co.in ↗ |
| Zauba Corp | Kumar Urban Development Private Limited — Corporate Filing Record (CIN U70101PN1993PTC072139) | Accessed Aug 2026 | zaubacorp.com ↗ |
| Wikipedia | Nanded City, Pune | Accessed Aug 2026 | en.wikipedia.org ↗ |