Incor Group (founded 2006) is a Hyderabad-based real estate developer led by Chairman & MD Surya P, backed by Brookfield Asset Management. Known for large-scale residential projects like Incor Lake City (32-acre lake-facing township) and PBEL City, the group has delivered over 10,000 homes across 4 states. With a RERA compliance score of 9.5/10 and zero active consumer cases, it maintains strong credibility despite some project delays.
Founded in 2006, the group launched its first major project PBEL City in 2013, followed by Incor Lake City in 2019 (possession delayed to Jan 2026). Several other projects like Incor Divino, Incor One City, and Incor Bonsai Homes are ready to move. The earliest possession recorded is February 2013 for PBEL City.
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Developer Projects
Focuses on residential apartments and villas, ranging from budget 1 BHK to premium 3 BHK lake-facing units. Projects are primarily in Hyderabad (Patancheru, Nallagandla, Kukatpally, Tellapur) with one villa project in Shankerpally. The group emphasizes large-scale integrated townships and family-oriented amenities.
Incor Lake CityResidential Community | Apartment
PatancheruHyderabad
Incor DivinoResidential Community | Villa
Nallagandl..Hyderabad
Incor One CityResidential Community | Apartment
KukatpallyHyderabad
Incor Divino VillasResidential Community | Villa
TellapurHyderabad
Incor Bonsai HomesResidential Community | Apartment
Serilingam..Hyderabad
PBEL CityResidential Community | Apartment
AppaPeerancher..
Incor VB CityResidential Community | Apartment
BolarumHyderabad
Incor Viva CityResidential Community | Apartment
KondapurHyderabad
Woodsbury EstatesResidential Community | Villa
Shankerpal..Hyderabad
FAQ
Who are the owners ?
Surya P: Chairman & Managing Director
Srinivas Vinti: Executive Director – Business Development
Ajay Uppu: Director
Gaurav Kasliwal: CFO
The company was founded by two IT entrepreneurs who returned from the US, originally partnering with Israeli firms Property and Building Corporation (PBC) and Electra Real Estate (ERE).
When was the company founded ?
Incor Group was founded in 2006. With over 18 years of experience, the developer has launched more than 10 projects in Hyderabad and other states.
Is this a public company ?
No, Incor Group is a privately held company. Financial details: It is a Series D company. Its subsidiary Incor Lake City Projects Private Limited showed 71.2% net sales revenue growth in 2024. Brookfield Asset Management has invested Rs 1,000 crore in its housing projects. The company has no NCDRC cases and a RERA compliance score of 9.5/10.
Which are the builder's popular projects ?
Incor Lake City (Patancheru): 32-acre lake-facing township with 1–3 BHK apartments, clubhouse, swimming pool, tennis court, gym, jogging track, landscaped gardens, and more. Launch 2019, possession from Jan 2026.
PBEL City (Peerancheru): Won 'Premium Apartment Project of the Year – South' at NDTV Property Awards 2016. Possession from Feb 2013.
Incor One City (Kukatpally): Ready-to-move 2/3 BHK apartments (1270–1940 sqft).
Incor Bonsai Homes (Serilingampally): 1–3 BHK apartments (680–1630 sqft), ready to move.
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