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Ganesh Housing Corporation Ltd. Company History and Annual Growth Details

The Company was incorporated on 13th June, 1991 as a Public Limited Company in the State of Gujarat. It obtained Certificate for Commencement of Business on 5th July, 1991. Company has been established mainly to provide finance for the Housing Secotr. Company has already approached the National Housing Bank to obtain recognition as Housing Finance Company and is awaiting the same.

Company is presently engaged in providing medium-term finance to Co-operative Housing Societies and Non-trading Corporation (NTCs) for acquisition of land. It is also engaged in the business as an agent for booking Real Estates.

The company has been promoted in the year 1991 by Shri. Govindbhai C.Patel.

2003
-The Gujarat government signed a memorandum of understanding with the company to set up an international pharma and biotech park (IPBP) on the outskirts of Ahmedabad.

2006

-Ganesh Housing Corporation Ltd has informed that the Company has signed Memorandum of Understanding (MOU) with Government of Gujarat under Vibrant Gujarat IT Summit 2006 for development of IT and ITES SEZ under the name and style of 'MILLION MINDS' to be located at B/h Nirma University, Ahmedabad, Gujarat. 'MILLION MINDS' IT and ITES SEZ will spread over 125 acres and will involve investment of about Rs 700 crores.

2007

- Ganesh Housing Corporation Ltd has signed a MOU with Government of Gujarat for development of SMART CITY-Integrated Township at Village Godhavi & Garodia, Taluka Sanand District Ahmedabad on about 400 acres of land at an investment of Rs 2000 Crores.

- Ganesh Housing Corporation Ltd has appointed Mr. INAYAT S KADRI, Chartered Accountant as a Director on the Board of the Company with effect from March 26, 2007. Mr. KADRI will be a non-executive, professional and independent director on the Board of the Company.

-Ganesh Housing Corporation Ltd has appointed Smt. Lalitaben G Patel as a Director of the Company.

2008

-Ganesh Housing Corporation Ltd has informed that the name of the Company's subsidiary Company has been changed from 'Madhul Properties Pvt Ltd' to 'Ganesh Infrastructure (India) Pvt Ltd' consequent to the Fresh Certificate of Incorporation of change of name issued by Registrar of Companies on March 04, 2008.

2009

- Ganesh Housing Corporation Ltd has appointed Mr. Ashish Modi, as a Director on the Board of the Company with effect from January 28, 2009. Mr. Modi will be a non-executive independent director on the Board of the Company.

- Ganesh Housing Corporation Ltd has informed that Shri Deepak G. Patel, Whole Time Director of the Company has been appointed as Chairman of the Company w.e.f. November 09, 2009.
 
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