Unishire Group

Unishire Group (Unishire Urban Infra Ltd) is a Bangalore-based residential real-estate developer founded by Kirti K. Mehta in 1987. The leadership includes Kirti Mehta (Chairman) and Pratik K. Mehta (Managing Director), and the company focuses on premium and luxury apartment projects across North and Central Bangalore such as Terraza, Panamera and Esplanade. With decades of activity in the city, Unishire emphasizes full‑amenity gated-community projects (rooftop infinity pools, clubhouses, premium finishes) and a mix of ready-to-move and recently completed developments.

Founded in 1987, Unishire has grown from small premium developments to delivering over 2,000 homes across Bangalore corridors. The company expanded its operations and staff during growth phases and has a multi-decade track record of project launches concentrated in North Bangalore (Thanisandra, Jakkur, Kammanahalli).

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Developer Projects

Primarily residential apartments and some villa projects focused on upper‑mid to luxury segments — 2, 3, 3.5 and 4 BHK homes and ultra‑luxury 4 BHKs/duplexes. Projects emphasize lifestyle amenities (clubhouse, rooftop/terrace infinity pools, gym, mini‑plex) and are located in key Bangalore growth corridors (Thanisandra, Jakkur, Kammanahalli, JP Nagar).

Unishire TerrazaResidential Community | Apartment

ThanisandraBangalore

Unishire PanameraResidential Community | Apartment

ThanisandraBangalore

Unishire EsplanadeResidential Community | Apartment

ThanisandraBangalore

Unishire Belvedere SignatureResidential Community | Apartment

JakkurBangalore

Unishire Wynn TowersResidential Community | Apartment

JPBangalore

Unishire Indira ElanResidential Community | Apartment

RachenahalliNorth

Unishire The WeaveResidential Community | Apartment

ThanisandraBangalore

Unishire SignetResidential Community | Apartment

RTNorth

Unishire La VidaResidential Community | Apartment

NagavaraBangalore

Unishire VerzureResidential Community | Apartment

JakkurNorth

FAQ

Who are the owners ?

• Kirti K. Mehta — Founder & Chairman • Pratik K. Mehta — Managing Director (also listed as Owner) • Vinay K. Mehta — Director (also listed as Owner) • Nutan K. Mehta — Director • Meha Raval — Director

(Company employs ~60–150 people depending on the source; these are the primary listed management/ownership figures.)

When was the company founded ?

Founded in 1987 — about 38 years of experience (as of 2025).

Is this a public company ?

Yes. Unishire Urban Infra Limited is publicly listed (BSE: 537582). Key financial/market details:

• Market capitalization: ~₹4.68 Crores (reported) • IPO: Listed on BSE SME in Feb 2014 (IPO size ~₹6.43 Crores) • Profitability: Negative ROE and negative EPS (operating/earnings weakness) • Balance-sheet: Very low reported debt (debt-to-equity ~0.00) and high Altman Z‑score (~14.90), indicating low bankruptcy risk despite weak earnings

In simple terms: the company is solvent with minimal debt but currently shows weak profitability and negative earnings—investors should monitor cash flows and recurring earnings.

Which are the builder's popular projects ?

Unishire Terraza (Thanisandra, Bangalore)
- Product: 2/3/3.5/4 BHK (approx. 1,420–2,208 sq.ft.)
- Highlights: Completed, ready-to-move; clubhouse, gym, swimming pool, rooftop infinity pool, mini‑plex, supermarket; multiple bank approvals and RERA registration.
Unishire Panamera (Thanisandra, Bangalore)
- Product: 3 & 4 BHK (approx. 1,711–2,243 sq.ft.)
- Highlights: Completed, premium finishes, basement with safety norms, full amenities and generator backup.
Unishire Esplanade (Thanisandra Main Road / Agrahara Layout)
- Product: Ultra‑large 4 BHK homes (3,671–4,704 sq.ft.)
- Highlights: Luxury positioning with terrace infinity pool, indoor badminton and squash, possession around 2018.
Unishire Belvedere Signature (Jakkur, Bangalore)
- Product: 2 & 3 BHK (approx. 1,099–1,515 sq.ft.)
- Highlights: Ready-to-move, rooftop swimming pool and cafeteria; positioned as premium residential option.
Unishire Xperience (Kammanahalli / ORR Junction)
- Product: 3 & 4 BHK homes
- Highlights: Lifestyle amenities including clubhouse, rooftop infinity pool, mini‑plex and supermarket; targeted at upper‑mid and luxury buyers.

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REGISTERED RERA ENTITYPRM/KA/RERA/1251/446/AG/240715/004976