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Public Notice & Press Release

PUBLIC NOTICE & PRESS RELEASE

PSK Group Issues Clarification: Confirms No Association with PSK Developers Pvt Ltd and No NCLT Proceedings Against Group Companies

MUMBAI/THANEPSK Group, a premier real estate development firm with over 25 years of legacy in the Mumbai Metropolitan Region (MMR), has issued a formal clarification to its stakeholders, customers, and the general public. The group explicitly states that it has no legal, financial, or management association with the entity known as PSK Developers Pvt Ltd.

This clarification follows recent reports concerning the Corporate Insolvency Resolution Process (CIRP) initiated by the National Company Law Tribunal (NCLT) against PSK Developers Pvt Ltd. PSK Group wishes to inform the public that:

  • Distinct Legal Entity: PSK Group and its member companies are entirely separate from PSK Developers Pvt Ltd. There is no commonality in shareholding, directorship, or operations.
  • No NCLT Involvement: None of the PSK Group companies, nor any of its Directors, are under NCLT proceedings or any insolvency litigation. The group maintains a robust financial standing and continues to operate with the highest standards of transparency and ethics.
  • Ongoing Commitment: All ongoing projects under the PSK Group banner are progressing as per schedule and are fully compliant with RERA regulations.

About PSK Group and its Entities

Founded by Mr. Premji Patel, the PSK Group has built a reputation for trust and quality over three decades, delivering iconic residential and commercial landmarks across Vikhroli, Mulund, Ghatkopar, Thane, and beyond.

To ensure clarity and prevent any further misinformation, the group lists its primary associate companies and flagship projects:

The PSK Group Companies & Associates:

  • Amardeep Constructions
  • Shilpriya Builders & Developers
  • Jaydeep Realty
  • Shivam Developers
  • Jaydeep Creators LLP
  • Shree Ramsamarth Constructions
  • Jaydeep Constructions
  • Jaydeep Enterprises
  • Jaydeep Developers
  • Shakti Enterprises
  • Shivam Corporation
  • SPK Creators LLP
  • SK Enterprises
  • Gururaj Developers
  • PSK Creators LLP
  • PSK Developers (distinct from PSK Developers PVT LTD)
  • Trescon Realtors
  • Triumph Realty
  • PSK Infrastructure LLP
  • Magicmind Infracreators LLP

Key Active and Completed Projects:

  • Ongoing: PSK Aura (Ghatkopar), Anutham (Mulund), PSK Altair 77 (Santacruz), PSK Skylar (Thane), and PSK Industrial Park (Bhiwandi).
  • Completed: Celestia, Silicon Enclave, Prathamesh View, Patidar Complex, and Ambar Tower.
“Our values are built on 'TRUST'—Trust, Responsibility, Understanding, Standards, and Truth,” said a spokesperson for PSK Group. “It is unfortunate that a similarity in names has caused confusion. We urge our patrons and the media to refer only to our official website, www.pskgrp.com, for authentic information regarding our corporate structure and project portfolio.”
© 2021 PSK Group All rights reserved.
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