Mittal Universal

Mittal Universal Limited is a Mumbai-based real estate developer from the broader Mittal Group legacy, led by directors Abhishek Ashok Mittal, Udit Suresh Mittal and Kishan Maliram Mittal. The company’s portfolio spans residential and commercial projects across Mumbai and Bengaluru, including completed, ready-to-move and ongoing developments. Notable projects include Mittal Elanza (Bengaluru), Mittal Gardenia (Matunga) and ongoing launches like Mittal Skylark (Andheri West) and a large JV in Naigaon with House of Abhinandan Lodha. While the group claims a multi-decade legacy, the corporate entity shows limited public financial disclosure and some credit-rating stress.

The Mittal real estate operations trace back to the 1950s (the Mittal Group origins go to 1907), and the developer claims more than 60 years of construction experience. Mittal Universal Limited as a corporate entity is reported founded around 2010, giving it roughly 16 years on paper, while the broader group has delivered projects over many decades and claims 50+ million sq.ft across 2,000+ buildings.

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Developer Projects

The company develops a mix of residential and commercial projects—from affordable and mid-market apartments to premium/super-luxury addresses and workplace complexes—across prime Mumbai neighbourhoods (Juhu, Peddar Road, Nariman Point, Andheri, Matunga) and select markets like Bengaluru. Project scale ranges from single towers and coop societies to large joint-venture townships (an 11-acre, ~30 lakh sq.ft JV in Naigaon with ~4,600 units).

Mittal SkylarkResidential Community | Apartment

AndheriMumbai

Mittal AristoResidential Community | Apartment

ParelMumbai

Mittal GardeniaResidential Community | Apartment

MatungaMumbai

Mittal ComerciaCommercial

AndheriMumbai

Mittal ElanzaResidential Community | Apartment

Kogilu/YelahankaBangalore

Mittal Ruia ParkResidential Community | Apartment

JuhuMumbai

Mittal ParadiseResidential Community | Apartment

JuhuMumbai

Megh ApartmentsResidential Community | Apartment

JuhuMumbai

Mittal Ocean ViewResidential Community | Apartment

JuhuMumbai

Jal DarshanResidential Community | Apartment

JuhuMumbai

FAQ

Who are the owners ?

Abhishek Ashok Mittal — Director
Udit Suresh Mittal — Director (noted to have ~22 years in corporate governance and associations with ~33 companies)
Kishan Maliram Mittal — Director
Past/other noted management: Rahul Rajendra Mittal (listed as a past director in some records)

Additional corporate facts:

Promoter holding: ~35.00%
Public holding: ~65.00%
No distinct CEO title publicly specified in the supplied information; the company is described as being led by the above board of directors.

When was the company founded ?

Corporate founding: Mittal Universal Limited is reported by some sources to have been founded in 2010 (≈16 years as of 2026).
Group legacy: The Mittal Group’s real estate/construction activities trace back to 1952 and the broader family business to 1907, giving the group a multi‑decade legacy (60+ years in real estate).

Is this a public company ?

Yes. Mittal Universal Limited is a public limited company registered in Mumbai, Maharashtra.
Financial/ownership details available: authorised share capital of INR 50.00 lakh; promoter holding ~35% and public ~65% (as of 2023); reported revenue roughly US$6.4M in available summaries.
Credit/ratings: CARE Ratings has assigned CARE B-; Stable with an 'Issuer Not Cooperating' remark for certain bank facilities; related entities have similar 'Issuer Not Cooperating' statuses with ICRA. These notes indicate limited disclosure to rating agencies and potential concerns around credit transparency.

Which are the builder's popular projects ?

Mittal Skylark (Andheri West, Mumbai) — Residential apartments: 3 BHK (≈1300–1358 sq.ft) and 4 BHK (≈2150 sq.ft); ongoing project with expected completion around 2025–26.
Mittal Aristo (Parel, Mumbai) — Residential apartments on Dr. Babasaheb Ambedkar Road; modern architectural design and premium finishes; ongoing.
Mittal Elanza (Kogilu / Yelahanka, Bengaluru) — Ready-to-move (completed March 2022); 2/2.5/3 BHK options (≈1195–1915 sq.ft) with extensive amenities (infinity pool, rooftop clubhouse, pet corner, sky deck, etc.).
Mittal Gardenia (Matunga East, Mumbai) — Completed April 2011; 3 BHK (≈1800 sq.ft) in a stilt + 16-floor tower with panoramic garden views and Vastu-compliant design.
Mittal Comercia (Andheri, Mumbai) — 12-storey commercial complex employing modern technology; completed project.
Large JV with House of Abhinandan Lodha (Naigaon, MMR) — Very large-scale project: ~11 acres, ~30 lakh sq.ft development with over 4,600 apartments and high-street retail; expected launch in Q2 2025–26 and GDV projected in the multi-thousand-crore range.

(Also numerous past projects across Juhu, Nariman Point, Peddar Road, Marine Drive, Thane and other Mumbai suburbs that establish the group’s presence in premium addresses.)

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