About Us

Palace Infratech Pvt. Ltd is a duly incorporated Private Limited Company incorporated vide Certification of Incorporation issued by Registrar of Companies, Punjab, Himachal and Chandigarh vide certification of Incorporation No.U70102PB2011PTC035743 dated 14.02.2011 tocreate:

1. Infrastructure facilities, estate or interest therein and other properties whether belonging to the Company or not.

2. Develop plots for residential houses, commercial buildings, flats and factory sheds and building and to act as builders, colonizers, civil and constructional contractors.

3. Purchase, hire or otherwise sell and mortgage any estates, buildings or such other interest in any property.

4. Civil constructional works and to manufacture, retail, trade including import and export of goods required for carrying infrastructure as above including trade of iron and steel, cement/crusher/bricks/brick kiln/sand/furnishings etc.

This Company is registered with Department of Industries & Commerce – Punjab vide Certificate No.030092102226 dated 27.02.2011 AND is also registered with Punjab Urban Development Authority (PUDA) as a promoter to fulfill it's avowed objectives.

S/Sh. Rakesh Jain and his elder son Sorav Jain have promoted the company. Both these promoters are people of big means/high net worth and are into multifold business activities.

Shri Rakesh Jain is a man with diversified interests. Born on 5-2-1958 with PAN: ACFPJ7904F is a known jeweller of the city.

He is an active partner with M/s. Palace Jewelers Pvt Ltd, College Road, Civil Lines, Ludhiana. This is an established firm for the last over 35 years and is into trade and sale of jewellery.

He is also an active partner with M/s. Ajar Amar Steels at 3A, Focal Point, Ludhiana. This firm is into manufacturing and sale of iron and steel.

The existing business activities are streamlined and being managed professionally.

At Palace Infratech Private Limited the directors share a vision to develop the best of infrastructure, which is in line with the promoters, established background. The Company in it's first project started to construct 30 luxury villas in land measuring 15000 sq. yds at Raghunath Enclave, Canal Road, BarewalAwana, Ferozepur Road, Ludhiana. Requisite approvals from PUDA have already been taken and construction process is in full swing.

It has a strong management team running independent businesses though complementing each other in cases of opportunities. Its mission is to build a world-class real estate development Company with the highest standards of professionalism, ethics and customer service and to thereby contribute to and benefit from growth of Indian economy.

With the sustained efforts to enhance customer value and quality, ethical and professional service and adhering to compliances it hopes to CREATE the IMAGINATIONS.