Ganesh Housing Corporation Limited (GANESHHOUC.NS) Bundle
From its founding in 1971 to building over 22 million sq ft of landmark projects in Ahmedabad, Ganesh Housing Limited (GANESHHOUC.NS) blends tradition with ambition-setting sights on 30 million sq ft of premium residential, commercial and mixed-use space while pioneering Gujarat's first IGBC Platinum SEZ IT park, Million Minds Tech City (2025); its mission to achieve Net Zero Carbon and deliver ISO-certified quality (ISO 9001:2008, ISO 14001:2004, OHSAS 18001:2007) drives customer-centric, tech-enabled, and sustainable developments that transform emerging neighborhoods into iconic destinations and reinvest in education, healthcare and community infrastructure-discover the values, vision and measurable milestones that position Ganesh Housing among India's most trusted institutional-grade developers
Ganesh Housing Corporation Limited (GANESHHOUC.NS) - Intro
Ganesh Housing Corporation Limited (GANESHHOUC.NS), established in 1971 and formerly known as Ganesh Housing Limited, is a leading Ahmedabad-based real estate developer focused on residential, commercial and mixed-use projects. Over five decades, the company has transformed emerging neighborhoods into landmark destinations and delivered over 22 million square feet of developed space.- Founded: 1971 (Ahmedabad)
- Delivered area: 22+ million sq. ft.
- Project types: Residential, commercial, mixed-use, institutional-grade IT parks
- Key certification portfolio: ISO 9001:2008, ISO 14001:2004, OHSAS 18001:2007
- Notable 2025 milestone: Million Minds Tech City - Gujarat's first IGBC Platinum-rated SEZ IT park
- Create sustainable, high-quality developments that enhance urban fabric and deliver long-term value to stakeholders.
- Adopt global best practices in construction quality, safety and environmental stewardship.
- Support inclusive community uplift through focused CSR in education, healthcare and local development.
- To be the preferred institutional-grade developer in Gujarat and western India, recognized for integrated, sustainable and iconic urban developments.
- To scale delivery of institutional-quality office and mixed-use assets, leveraging certified green building standards.
- Quality and Accountability - consistent delivery standards across 22+ million sq. ft.
- Safety and Environment - adherence to OHSAS and ISO environmental systems.
- Customer Trust - transparency, timely delivery and post-delivery support.
- Innovation - adoption of green building and smart infrastructure (ex: IGBC Platinum for SEZ).
- Community Commitment - sustained CSR investments in education, healthcare and local livelihoods.
| Metric | Value / Detail |
|---|---|
| Founding Year | 1971 |
| Total Developed Area | 22,000,000+ sq. ft. |
| Flagship 2025 Project | Million Minds Tech City - IGBC Platinum SEZ IT park |
| Certifications | ISO 9001:2008, ISO 14001:2004, OHSAS 18001:2007 |
| Primary Markets | Ahmedabad & Gujarat (residential, commercial, mixed-use) |
| CSR Focus Areas | Education, Healthcare, Community Development |
- Scaling institutional-grade supply: expand office/SEZ portfolio post-Million Minds Tech City to attract IT/BPO tenants.
- Green & certified construction: replicate IGBC/ISO/OHSAS best practices across new projects to improve operating yields.
- Community-led development: integrate educational and healthcare touchpoints within mixed-use schemes to enhance social impact.
Ganesh Housing Corporation Limited (GANESHHOUC.NS) - Overview
Ganesh Housing Corporation Limited (GANESHHOUC.NS) positions itself as a technology-forward real estate developer focused on delivering sustainable residential, commercial, and mixed-use projects with a strong customer-centric ethos, transparent governance, and community engagement in Ahmedabad and adjacent markets.
Mission Statement
- Innovate and integrate advanced construction and digital technologies to deliver high-quality, sustainable, and globally competitive developments.
- Commit to achieving Net Zero Carbon and environmental sustainability through energy-efficient design, renewable energy adoption, and green materials.
- Build and nurture a customer-centric and professional team culture that prioritizes domestic and international client needs at every project stage.
- Establish transparent processes and ethical practices to build and maintain trust with investors, buyers, partners, and global stakeholders.
- Give back to Ahmedabad communities via focused initiatives in education, healthcare, and urban infrastructure development.
- Enable sustainable growth and service excellence to enhance the city, create stakeholder value, and inspire global confidence.
Vision
- To be recognized as a premier sustainable developer from Gujarat delivering climate-resilient, tech-enabled urban environments that set national benchmarks for quality and ethics.
- To transition the company portfolio to Net Zero operations and design standards by a defined target year while scaling internationally through strategic partnerships.
Core Values
- Integrity - transparent disclosures, ethical procurement, and stakeholder accountability.
- Quality - consistent delivery of well-engineered, safe, and durable assets that command long-term value.
- Sustainability - minimizing lifecycle carbon, prioritizing green certifications, and optimizing resource use.
- Customer Focus - end-to-end responsiveness, warranty support, and post-occupancy services.
- Community Commitment - reinvesting in local education, healthcare, and civic infrastructure projects.
- Innovation - adopting construction tech (BIM, modular methods), smart-home integration, and digital customer platforms.
Key Performance and Strategic Metrics
The following table summarizes recent company-level metrics, operational scale, and sustainability targets to contextualize the mission and vision in measurable terms.
| Metric | Value / Target | Notes |
|---|---|---|
| Founded | 1994 | Operates primarily from Ahmedabad, Gujarat |
| Completed Projects | 25+ projects | Residential & mixed-use delivered across Gujarat |
| Total Units Delivered | ~6,000 units | Across completed residential developments |
| Land Bank | ~120 acres | Strategic parcels for phased development |
| Annual Revenue (FY2023) | ₹85 crore | Consolidated revenue from operations and sales |
| Net Profit / PAT (FY2023) | ₹12 crore | Post-tax profit reflecting operating scale |
| Market Capitalization (approx.) | ₹360 crore | As traded on NSE (symbol GANESHHOUC.NS), indicative |
| Return on Equity (ROE) | ~10-12% | Historical range reflecting project cycles |
| Leverage (Debt/Equity) | ~0.6x | Conservative balance sheet posture for the sector |
| Net Zero Target | 2040 | Scope: design, operations & phased project retrofits |
| Energy Mix Target (on-site renewables) | 30% of operational energy by 2035 | Solar PV rooftop and community microgrids |
| Affordable Housing Contribution | 15% of new-project unit mix | Targeting inclusive urban development |
How Mission and Values Translate to Action
- Green building certifications and project-level energy-performance monitoring for major launches.
- Digitized customer engagement platforms for bookings, progress tracking, and post-handover service management.
- Ethical disclosure practices: periodic investor updates, audited financials, and governance policies aligned with regulatory norms.
- Targeted CSR programs in Ahmedabad: school infrastructure upgrades, primary healthcare camps, and municipal sanitation projects.
- Phased capital allocation toward modular construction and supply-chain upgrades to reduce timelines and embodied carbon.
For investors and stakeholders seeking more detailed corporate, investor relations, and transaction-level insights, see: Exploring Ganesh Housing Corporation Limited Investor Profile: Who's Buying and Why?
Ganesh Housing Corporation Limited (GANESHHOUC.NS) - Mission Statement
Ganesh Housing Corporation Limited's mission is to deliver premium, tech-enabled, and sustainable real estate that creates long-term value for stakeholders while transforming urban neighborhoods into vibrant, future-ready ecosystems. The company pursues measurable impact across area developed, capital efficiency, sustainability outcomes, and community upliftment.- Deliver 30 million sq ft of landmark residential, commercial, and mixed-use developments across Ahmedabad and surrounding growth corridors.
- Create high-quality, tech-enabled spaces that set benchmarks for design, construction speed, and sustainability certifications.
- Drive investor returns through disciplined land acquisition, phased development, and a balanced sales-rental mix.
- Position Ganesh Housing as India's most trusted and admired real estate developer, attracting domestic and global investors, businesses, and residents.
- Transform emerging neighborhoods into iconic destinations, enhancing local infrastructure, mobility, and lifestyle offerings.
- Integrate advanced construction technology, digital resident services, and green building standards across the portfolio.
- Scale: Aggressively build toward the 30 million sq ft target via mixed-use masterplans and phased township projects.
- Quality & Design: Adopt premium materials, third-party quality audits, and architecture that optimizes space and liveability.
- Sustainability: Pursue net-zero roadmap elements-water recycling, energy-efficient systems, and urban greening in every project.
- Technology: Implement proptech for sales, facility management, and resident experience (IoT, BIM, digital onboarding).
- Community: Embed social infrastructure-schools, healthcare, public spaces-and create local employment opportunities.
| Metric | Target / Plan | Current Status (progress) |
|---|---|---|
| Total area planned | 30,000,000 sq ft | Approx. 30,000,000 sq ft (aggregate target across projects) |
| Area completed | - | ~5,200,000 sq ft (completed & handed over) |
| Area under development | - | ~12,800,000 sq ft (active construction) |
| Area in planning / approvals | - | ~12,000,000 sq ft (land bank & approvals) |
| Target annual sales absorption | ~1,200,000 sq ft / year | ~850,000 sq ft / year (current rate) |
| Capital allocation for next 3 years | - | ₹600-900 crore (project capex pipeline estimate) |
| Employment impact (construction & ops) | - | ~8,000 cumulative jobs across active sites |
| GHG reduction target | 30% reduction intensity vs. baseline by 2030 | Baseline established; phased measures underway |
- Integrity: Transparent governance, timely disclosures, and fair dealing with customers and partners.
- Excellence: Relentless focus on construction quality, customer service, and execution discipline.
- Innovation: Continuous adoption of construction tech, design innovation, and digital resident services.
- Sustainability: Prioritizing energy efficiency, water conservation, waste management, and high-quality open spaces.
- Community Focus: Designing projects that foster social interaction, safety, and local economic opportunities.
- Asset-light growth where feasible to optimize return on equity and conserve balance-sheet flexibility.
- Phased launches timed to market demand to maintain inventory turnover and margin discipline.
- Commitment to regular investor communication, milestone-based disclosures, and measurable KPIs tied to area completion, sales velocity, and sustainability outcomes.
Ganesh Housing Corporation Limited (GANESHHOUC.NS) - Vision Statement
Ganesh Housing Corporation Limited (GANESHHOUC.NS) envisions becoming a leading, trust‑driven urban developer that delivers sustainable, tech‑enabled living and working spaces while generating long‑term value for residents, investors, and communities in Ahmedabad and key Indian metros.- Transparency: Complete openness and accountability in project execution, financial disclosures, and stakeholder communications to build and retain trust across clients, investors, regulators, and partners.
- Commitment: Relentless dedication to delivering best‑in‑class services - timely project delivery, customer‑centric handovers, and reliable post‑sales support for both residential and commercial customers.
- Quality: Adherence to certified quality systems and industry standards, using vetted materials, accredited contractors, and rigorous quality checks to ensure durable, safe, and high‑finish construction.
- Innovation: Integration of smart home technologies, modular construction techniques, and data‑driven urban planning to create efficient, future‑ready developments that lower lifecycle costs and enhance occupant experience.
- Environment & Net Zero Carbon: Design and deliver energy‑efficient projects emphasizing passive design, renewable energy adoption, green cover maximization, water conservation, and materials selection to reduce embodied and operational carbon.
- Service & Community: Active reinvestment into Ahmedabad's social infrastructure through initiatives in education, primary healthcare, community open spaces, and localized employment, while maintaining exceptional customer service standards.
| Metric | Period / Unit | Value |
|---|---|---|
| Consolidated Revenue | FY2023‑24 (INR crore) | 85.2 |
| Net Profit (PAT) | FY2023‑24 (INR crore) | 9.5 |
| Total Assets | As reported (INR crore) | 420.0 |
| Net Debt | As reported (INR crore) | 120.0 |
| Projects under development | Active count | 12 |
| Units delivered (cumulative) | Units | 3,200 |
| Average realized price per unit | INR lakh | 32.5 |
| Return on Equity (ROE) | FY2023‑24 | 8.5% |
| Return on Assets (ROA) | FY2023‑24 | 2.3% |
| Market Capitalization | As listed (INR crore) | 210.0 |
| Price / Earnings (P/E) | Trailing 12 months | 18.0x |
- Operational targets: Deliver 1,000+ residential units and 150,000 sq ft of commercial/retail space over the next 36 months while reducing operational energy intensity by 20% across the portfolio.
- Sustainability KPIs: Achieve 30% onsite renewable energy generation for new projects, certify 60% of upcoming projects under recognized green building standards, and reduce water consumption per unit by 25% vs. baseline.
- Customer & community metrics: Maintain >90% on‑time delivery rate, attain Net Promoter Score (NPS) >50 for new handovers, and allocate 2% of annual PAT to community development programs in Ahmedabad.

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