Kunal Group is a Pune-based, privately held real estate developer with roots going back more than three decades in the city. Here is what's publicly documented about the company, drawn from its own corporate disclosures.
Founding & Corporate Structure
Kunal Group was founded in 1989 by Hemendra Shah, Ramesh Shah, and Jitendra Mehta. It is a privately held company, headquartered at Kunal House, off Bhandarkar Road, Pune — meaning, unlike a listed developer, its financial disclosures are not subject to stock-exchange reporting requirements, and buyers should rely on project-level documentation (MahaRERA filings, sale agreements) rather than corporate filings when evaluating a specific project.
Scale, By the Numbers
According to the company's own corporate profile, Kunal Group has constructed approximately 3.9 million sq. ft. to date, with a further 1.4 million sq. ft. under development across multiple ongoing ventures. Its completed portfolio includes residential complexes such as Kunal Puram, Kunal Riverside, Kunal Park, and Kunal Garden, the commercial property Kunal Plaza on the Pune-Mumbai highway, and the larger Kunal Icon township development at Pimple Saudagar.
Why This Matters If You're Evaluating a Kunal Group Project
A three-decade operating history in one city is a data point worth noting, but it is not a substitute for project-specific verification:
- Kunal Group is a private company, so there are no stock-exchange filings to cross-check — corporate-level claims about scale come from the company's own materials rather than an independently audited public record.
- Each project carries its own MahaRERA registration, with its own completion timeline and escrow account. A long builder history does not extend automatically to a specific under-construction project — check that project's registration individually.
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 |
|---|---|---|---|
| Kunal Group | Top Builders in Pune — Company Profile | Accessed Aug 2026 | kunalgroup.in ↗ |
| Square Yards | Kunal Builder — Kunal Real Estate Developer | Accessed Aug 2026 | squareyards.com ↗ |
| HousingMan | Kunal Group Builders, Real Estate Developers, Pune | Accessed Aug 2026 | housingman.com ↗ |