Majestique Landmarks is a Pune-based real estate developer with an unusual origin story for the sector — it began as a textile retail business before diversifying into construction. Here is what the company's own corporate disclosures document.
Founding & Corporate History
According to the company's own "About" page, the Majestique group traces back to 1992, when it operated as Dwarkadas Shamkumar, a clothing shop in Mangalwar Peth, Pune. The group formed Majestique Landmarks as a sister company in 2002, marking its entry into real estate development. Leadership of the real estate arm is associated with Manish Maheshwari, a second-generation member of the founding family, per the company's public profile.
Separately, some third-party business listings date the family's original textile operations to 1975 under Dwarkadas Maheswari, with the real estate diversification occurring later under his descendants — there is some inconsistency across sources on the exact years, which prospective buyers should keep in mind when relying on any single account of the company's history.
Scale & Headquarters
Majestique Landmarks is headquartered on Jawaharlal Nehru Road, Guru Nanak Nagar, Pune. Per the company's own project listings, it has developed 16-plus residential projects across Pune neighborhoods including Kharadi (Majestique Evolvus), Baner (Majestique The Ornate / Elements), Wagholi (Majestique Oasis), Balewadi (Signature Towers), and Gultekdi (The Crown), spanning configurations from 1 BHK to 5 BHK units. The company also lists one commercial project, Kothrud Central Mall.
The company's own site describes its operations as "debt-free," though this is a self-reported claim rather than one verified through public financial filings, since Majestique Landmarks is not a listed company and does not carry the same disclosure obligations as a publicly traded builder.
Why This Matters If You're Evaluating a Majestique Project
- This is a privately held company. Unlike stock-exchange-listed developers, Majestique's financial disclosures are not subject to SEBI reporting requirements — claims about debt levels or delivery timelines are company-stated rather than independently audited public record.
- Project-specific MahaRERA verification remains essential. A multi-decade operating history in one sector (textiles) followed by two-plus decades in another (real estate) does not substitute for checking the individual project's own regulatory registration and escrow status.
Browse verified flats for sale in Pune on Roomii — check each listing's MahaRERA registration number directly at the official portal before proceeding.
This profile is based on publicly available information as of August 2026 — primarily the company's own corporate disclosures via majestiqueproperties.com — 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 |
|---|---|---|---|
| Majestique Landmarks | About Us | Accessed Aug 2026 | majestiqueproperties.com ↗ |
| Majestique Landmarks | Management Team | Accessed Aug 2026 | majestiqueproperties.com ↗ |
| Majestique Landmarks | Company Homepage — Projects in Pune | Accessed Aug 2026 | majestiqueproperties.com ↗ |