Kumar Corp (Kumar Properties), founded in 1966, is a Pune-based real estate developer with presence in Mumbai and Bengaluru. Led by Chairman Kewalkumar Jain (47+ years experience) and MD Hitesh K Jain, the company has built 38 million+ sq. ft. across 140+ projects, including residential, commercial, and mixed-use townships. Popular projects include Kumar PadmaOne, Kumar 47 East, and Magarpatta.
Founded in 1966 by K. H. Oswal, Kumar Corp has evolved over nearly six decades. The company has delivered 140+ projects, ranging from early residential apartments in Pune to large-scale townships like Magarpatta and Megapolis. With leadership continuing from the second generation, the firm has a long track record in Pune, Mumbai, and Bengaluru.
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Developer Projects
Kumar Corp's projects span residential (2-5 BHK apartments), commercial offices (Kumar Business Centre, Kumar Primus), retail malls (Kumar Pacific Mall), and large mixed-use townships (Magnacity, Megapolis). They range from budget to luxury, with many projects located in prime Pune areas like Baner, NIBM, and Hadapsar, and flagship developments in Bengaluru.
2 BHK Flats In MagarpattaPune, Magarpatta
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2 & 3 BHK Flats In Nibm RoadPune, NIBM Road
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2 BHK Flats In UndriPune, Undri
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3 BHK Flats In UndriPune, Undri
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2 BHK Flats In Market Yard AnnexPune, Market Yard Annex
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3 BHK Flats In Market YardPune, Market Yard
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2 & 3 BHK Flats In BanerPune, Baner
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Kumar PadmaOnePune, Aundh
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Kumar 47 EastPune, Mundhwa
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Kumar Parc RoyalePune, Baner
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FAQ
Who are the owners ?
Chairman: Mr. Kewalkumar Jain (over 47 years experience in finance and real estate)
Managing Director: Mr. Hitesh K Jain (Bachelor’s in Civil Engineering from MIT Pune, MBA from University of Cardiff, UK)
When was the company founded ?
Kumar Corp was founded in 1966 by K. H. Oswal. The company has been operating for over 58 years (as of 2024).
Is this a public company ?
No, Kumar Corp is a private company. It has 501-1,000 employees and is headquartered in Pune. The company reports 38 million+ sq. ft. built across 140+ projects, indicating strong financial standing.
Which are the builder's popular projects ?
Magarpatta – Mixed-use township in Hadapsar, Pune.
Megapolis – Mixed-use development in Hinjewadi, Pune.
Kumar PadmaOne – Residential apartments in Aundh, Pune.
Kumar 47 East – Residential apartments in Mundhwa, Pune.
Kumar Princetown Royale – 3 BHK apartments in Jalahalli, Bengaluru.
Kumar Corp Kino Platinum – Luxury 3, 4, 5 BHK in Central Bangalore.
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