Xrbia Developers is a Pune-headquartered real estate company best known for large-scale affordable-housing townships in and around the city. Because its corporate status has changed materially in recent years, this profile leans on official registry and tribunal records in addition to the company's own project history — both of which a buyer can verify independently.
Corporate Structure & Registration
Xrbia Developers Limited is registered with the Registrar of Companies, Pune, under CIN U45209PN2004PLC019772, with its corporate office at Patil Plaza, Mitramandal Chowk, Parvati, Pune. Public company-registry records list its directors as Sachin Ashok Patil, Datta Phale, and Yuvaraj Kisan Pawar; separate reporting on the company identifies Rahul Nahar as its founder and primary shareholder.
Founding & Track Record
Xrbia's flagship project — a 3,500-home township at Hinjewadi spread over roughly 150 acres — was launched in 2012 and has been widely cited in real estate coverage as the company's largest development. The company has since developed further residential townships in locations including Talegaon (Xrbia Ambi) and other Pune-Mumbai corridor sites, per listings on the company's own project pages and third-party real estate portals.
Current Corporate Status — Important for Buyers to Know
Public tribunal and insolvency-board records show that Xrbia Developers Limited was admitted into Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), Mumbai Bench, with proceedings commencing in January 2024. Insolvency and Bankruptcy Board of India (IBBI) filings record thousands of creditor claims against the company running into several thousand crore rupees, with an appointed insolvency professional (Vikas Gopichand Khiyani, per IBBI records) managing the process. Separate IBBI filings show that related group entities — including Xrbia Warai Developers Private Limited and Xrbia Chakan Developers Private Limited — have also entered CIRP or related proceedings in 2024–2025.
This is a matter of public record, not an allegation — it is searchable directly on the IBBI website and the NCLT Mumbai Bench cause lists.
Why This Matters If You're Evaluating an Xrbia Project
- Corporate insolvency proceedings affect the parent entity, not automatically every project. Individual project SPVs (special purpose vehicles) may or may not be part of the same CIRP — check the specific project-owning entity's name against IBBI/NCLT records, not just the "Xrbia" brand name.
- MahaRERA status must be checked per project, always. This is true for any builder, but it carries extra weight here — verify the specific project's RERA registration, escrow account status, and any regulatory flags directly at the source.
Browse verified flats for sale in Pune on Roomii — always cross-check a specific project's MahaRERA registration number and the registered developer entity name before proceeding.
This profile is based on publicly available information as of August 2026 — primarily Ministry of Corporate Affairs company-registry data, Insolvency and Bankruptcy Board of India filings, and NCLT records — 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, and independently check the project-owning entity's insolvency status at ibbi.gov.in before making a purchase decision.
Sources
| Source | Article/Page Title | Date | URL |
|---|---|---|---|
| IBBI | Corporate Processes — Xrbia Developers Limited (CIN U45209PN2004PLC019772) | Accessed Aug 2026 | ibbi.gov.in ↗ |
| NCLT Mumbai Bench | Cause List, Court-II | 29 Jul 2026 | nclt.gov.in ↗ |
| ZaubaCorp | XRBIA Developers Limited — Company Registration Details | Accessed Aug 2026 | zaubacorp.com ↗ |
| IndiaFilings | Xrbia Developers Limited — CIN U45209PN2004PLC019772 | Accessed Aug 2026 | indiafilings.com ↗ |
| Real estate portal listings (Housingman, RealEstateIndia) | Xrbia Ambi, Talegaon — Project Listings | Accessed Aug 2026 | housingman.com ↗ |