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A man with a vision, Late Shri. K.H. Oswal, a first generation entrepreneur laid the foundation of the company as Kumar & Co. on August 15, 1966. During this period, they lived a life as Pedhi in the 'nichey dukan upar makan style'. Also we laid the foundation of first residential cum commercial buildings at Sukhwar Peth in 1982 and at Yerwada in 1984.The company focused uncompromisingly on understanding customer needs and building quality structures in the residential, commercial and recreational industry.
Kul brought organized mass housing to Pune much before its time. And in a way that showed an unbelievable combination of quality and cost. Dignified accommodation for every strata of the society. With the vision of a Slumless India,our first rehabilitation project was in Hadapsar.In 1995, our Satara road commercial project changed the way retail spaces were perceived. We shifted an unorganized and crowded market of 1000 shops from Ravivar Peth to an organized wholesale. A congestion-free market in Dhankawdi.We are known for selective location of our projects where our clients not only get better infra but also get amazing rate appreciation. Our Hadapsar development which started in 1989 is best example where our clients got 700% appreciation in property.
As markets evolved and buying capacities multiplied, people's aspirations grew to specific kind of community living as per their individual tastes and lifestyles. Bought concept housing to Pune in Mukund Nagar - A gated multi building layout, with elephant gates, paintings on ceilings to traditional jharokha a Rajasthani style home away from home. The first formal identity of Kumar Builders took shape in 1999.
As times changed Kumar builders built some landmark commercial projects. As the retail revolution came in we gave shape to Pune's first mall with Central and there was no looking back since.In 2002, Kalyaninagar IT Park, developed in tune with the needs of the business fraternity was the first to offer flexible business spaces. With every creation of the many creations, commercial spaces by Kumar builders have created landmarks.Also we came with one of the first impressive IT buildings in Koregaon park of its time in 2004.We were hailed as market leaders for trend setting homes, milestone deliveries and maximum fructifying partnerships from 2001-2005 known as Golden Era of Kumar Builders.
Much before rules came, Green buildings were a reality at Kumar Builders. We started caring about the environment not with rules, but with our heart.In 2009 we came up with office spaces,Located at pune's prestigious location bund garden road is one of our Grade A building proudly bearing the Green tag.Also we were awarded Srishti Good Green Governanace Award for three years.This was an era when we were not only awarded as "Best Developer" in Pune but recognized as one of the top ten developer in India by construction world.
With a little more than five decades of rich experience in the business, Kumar Builders has spread its proficiency across the length and breadth of the business. We have left no stone unturned in the real estate sector to transform every thought into a valued space. In 2011, We came with project in Kondwa which is one of the first eco housing 5 star rated project in India awarded as "Best Environment Friendly Project" in 2012.Also awarded by Construction week India Award.By this time we have successfully delivered homes to 18794 satisfied families in over 106 projects.