Modi Builders is a leading property development company in Hyderabad. The firm has successfully developed and delivered around 25 projects with a built-up area of over 5 million sq. ft. It has worked with various large lenders and private equity firms such as JP Morgan India Property Fund (II), Kotak, LICHFL, Tata Housing Finance etc.
Modi Builders currently has over 15 residential projects at various locations in Hyderabad on land parcels completely owned by the group. The saleable area of projects is over 15 million sq. ft valued at around Rs. 5000 crores ($725 million). By 2024, the company aims to have a saleable area of 25 million worth over Rs. 12000 crores ($ 1.7 billion) with an enterprise valued at 7000 crores ($1 billion). The company has no net debt.
Given its competent management and dedicated staff, the firm is well on its way to achieve the milestones it has targeted for itself.
The company is proud of its reputation for building high quality construction projects as well as its fair and transparent dealings with its customers and business associates. The management follows a strict code of conduct in its dealings with customers and vendors. Honesty and complete transparency form the cornerstone of its business philosophy.
Modi Builders also believes in making a social impact and through various CSR activities, it is helping over 60,000 students in around 185 government schools in Hyderabad and Telangana State. It has now set a target of reaching out to 150,000 students in 500 government schools by 2024.