Capricon Realty Unlisted Share Price

Capricon Realty Limited Unlisted Share - Company Overview

CAPRICON REALTY LIMITED is engaged in the business of Real Estate Development. The Company was incorporated on 10th June 1996 under the name and style of “Capricon Trading Private Limited “. The name of the company was changed to “Capricon Trading Limited” on 31st March 2004 upon conversion from a private limited company to a public limited company and further changed to “Capricon Realty Limited”. 

Capricon Realty Share Price, Share Details as of March 31, 2024

Capricon Realty Limited Incorporation Details

Capricon Realty Limited Board of Directors

Sudhir Thackersey (Managing Director)

Raoul Thackersey (Joint Managing Director)

Gautam Doshi (Director)

Sujal Shah (Director)

Ameet Hariani (Director)

Vishwadhara Dahanukar (Director)

Ms. Tanya Thackersey (Executive Director)

Capricon Realty Limited Shareholding Pattern (As of 31-03-2024)

Industry Outlook

Real estate is a sector that is recognized globally in almost every nation. It comprises 4 sub-sectors – retail, housing, commercial, and hospitality. The growth of the real estate industry is dependent mainly on the growth of the corporate environment and demand for offices as well as residential accommodations.  The real estate sector in India is the 2nd highest employment generation industry.

The real estate market of India is expected to grow from US$ 120 billion in 2017 to US$ 1 trillion by 2030 and will contribute around 13% to the GDP of India by 2025. The real estate sector in India has recently witnessed high growth due to the rise in demand for offices as residential spaces. The sector attracted institutional investments of US$ 5 billion in 2020. Rapid urbanization in the country is the main reason for the massive growth of real estate.

The year 2020, brought very hard pain and distress in the real estate sector. All the real estate-related activities stopped in late March 2020 due to the lockdown. Although as the economy started to unlock, construction activities were very less due to a shortage of labor. However, during the festival season from October 2020, housing sales began to speed up. Home sales volume jumped by 2x to 61,593 units from October 2020 to December 2020, compared to 33,403 units from July 2020 to September 2020, signaling recovery after the lockdown imposed due to the spread of COVID-19 in the country.