Manas Properties Limited, originally incorporated as a private entity in 2004, transitioned to a public company in 2017. Specializing in construction, redevelopment, and property leasing, it owns a notable property in Mumbai leased to Junobo Hotels Private Limited for operating the luxury club, Soho House. The company also functions as a real estate marketing and consultancy firm, supporting developers' sales and lease targets in exchange for a commission. It currently collaborates primarily with Dev Land and Housing Private Limited but aims to expand its client base and inventory by forming agreements with additional developers.
In 2017, Manas Properties Limited went public through an Initial Public Offering (IPO), issuing 150,000 equity shares at Rs.360 each. These shares have been listed on the BSE Limited since March 2017, indicating the company's successful entry into the public trading market. Its strategic focus on property leasing and real estate services positions it as a significant player in Mumbai's real estate sector.
