Shree Ram Urban Infrastructure was incorporated in the year 1980 and got its present name on September 28, 2006. It is a real estate and infrastructure company and has textile trading activities.
During the fiscal year ended March 31, 2009, the company had commenced a residential project -- Palais Royale -- at its Worli estate. It holds 17 acres of mill compound in Worli, which translates into a valuation of around Rs 20,000 million, based on the market rates in Worli. The Worli land bank is to be developed using the mixed-use concept of retail, residential and commercial projects. The first phase would be to develop the Worli land bank as a residential property with an investment of Rs 4,000 million Land is being bought in areas like Indore and Mysore for further development. Trading in textiles is being continued using its established marketing network. The Worli estate, which was originally about 68,000 square meters, comprises about 28,000 square meters under development. It is also engaged in trading in textiles.
In September 2009, Shree Ram Mills had acquired 100% of equity shares of SRM Sites and Raghuveer Suburban Infrastructure and both these companies have now become wholly-owned subsidiaries of the Shree Ram Mills.
Business areas of the company:
Shree Ram Urban Infrastructure is an India-based company and is engaged in the business of real estate and textiles.
• SRM Sites • Raghuveer Suburban Infrastructure