About
Basic Data Updated:
28 days agoFirsthouse Budget Homes Private Limited was founded with the purpose of providing low cost affordable housing options to the people of India. The company's main focus is on developing housing projects that are budget-friendly and cater to the needs of the common man. The idea behind the company's inception was to acquire land and buildings through various means such as purchase, lease, exchange or any other means, in order to develop affordable housing options in different parts of the country. This would not only help in addressing the issue of housing shortage in India, but also provide a solution for those who are unable to afford expensive homes. The company's mission is to make the dream of owning a home a reality for everyone, regardless of their financial status. With a team of dedicated professionals and a strong vision, Firsthouse Budget Homes Private Limited is committed to making a positive impact in the real estate industry and in the lives of people.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U45205KA2012PTC066074 |
| Company No. | 066074 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 28 Sep 2012 |
| Date of AGM | 21 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
Financials of Firsthouse Budget Homes Private Limited
Firsthouse Budget Homes Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 42.91% decrease in profit. The company's net worth dipped by a decrease of 0.1%.
Corporate Structure
Unlock access to Firsthouse Budget Homes's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Firsthouse Budget Homes Private Limited
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Board Members(3)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 19 Feb 2018 | ₹10.00 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
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15 years 10 months Chandrasekaran Pattabhiraman is a mutual person
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Active 38 years 3 months Chandrasekaran Pattabhiraman is a mutual person
Recent activity within the organization
Director Appointment
Chandrasekaran Pattabhiraman was appointed as a Additional Director was appointed as a Additional Director on 16 Mar 2024 & has been associated with this company since 2 months 5 days .
16 Mar 2024Annual General Meeting
Firsthouse Budget Homes Private Limited last Annual general meeting of members was held on 21 Aug 2023 as per latest MCA records.
21 Aug 2023Balance Sheet
Firsthouse Budget Homes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
31 Mar 2023Director Appointment
Devaraju Charan Raj was appointed as a Director was appointed as a Director on 20 Feb 2023 & has been associated with this company since 1 year 2 months .
20 Feb 2023Charges
A charge registered on 19 Feb 2018 via Charge ID 100160919 with Others was fully satisfied on 10 Feb 2020.
10 Feb 2020
Recent News, Updates & Announcement
ILFS to partner with Jerry Raos VBHC for affordable housing projects.Business Standard 05 Jun 2018
- VBHC defers initial float plan .
Business Standard 20 Nov 2017
- Infra status a boost for affordable housing.
Business Line 06 Feb 2017
- Japans Daiwa picks up stake in realty firm VBHC.
VCCircle 27 Oct 2015
- Affordable Housing Company Receives 20 Million Boost from Wealthy Investors Valued at 700 Crore and Preparing for IPO.
When youre trying to build affordable housing but need more money so you ask your rich friends for help They give you 20 million and now your company is worth 700 crore But dont worry youre not selling out just getting a fresh stake Your existing investors like Carlyle and IFC are still in the game You also have some high net worth individuals like ChrysCapital founder Ashish Dhawan and Singaporebased investor Sat Pal Khattar backing you up Youre using the money for your projects and to look good for your upcoming IPO But its not easy because finding affordable land in the city is tough and you have to sell a lot of units to make a profit But hey at least youre addressing the growing demand for affordable housing in India.
mint 14 Sep 2015
Frequently asked questions
What is the Incorporation or founding date of Firsthouse Budget Homes Private Limited?
