Building Dreams, Creating Spaces, Forging Partnerships.

our story
Our Story

Established in 1969, Suma Shilp Ltd has been at the forefront of real estate development and construction. The company's inception traces back to a partnership firm named Kanetkar Associates, founded by Mr. Anand Naralkar and Mr. Narayanrao V. Kanetkar. Over more than five decades, the firm has executed some of Pune's most prestigious projects, many of which have become city landmarks and significantly impacted the lives of Puneites.

In November 1969, Mr. Naralkar also initiated a family-owned partnership firm, Vastushilp, which later evolved into Suma Engineering Private Limited (now Suma Shilp Limited). Mr. Pramod Naralkar, a civil engineering graduate from IIT Mumbai and a postgraduate in Structural Engineering and Business Administration from Duke University, USA, joined forces with his father in 1983. Under the leadership of Mr. Pramod Naralkar, Suma Shilp Limited has grown steadily and is now recognized as one of Pune's most reputable construction companies.

Leadership & Legacy

The company has been led by Mr. Pramod Naralkar since 1983. A Civil Engineering graduate from IIT Bombay and a postgraduate in Structural Engineering and Business Administration from Duke University, Mr. Naralkar has guided Suma Shilp’s steady growth with a focus on excellence, transparency, and long-term impact. His leadership has helped position the company as one of Pune’s most reputable builders—supported by the fact that a significant portion of the firm’s new business comes through client referrals.

Our Expertise

Suma Shilp Ltd. brings end-to-end capabilities across real estate development, construction, and property management. Backed by experienced engineering teams, strong infrastructure, and a network of reliable vendors, the firm consistently delivers high-quality, on-schedule projects across diverse sectors:

  • Premium Residential Communities
  • Commercial Complexes & IT Parks
  • Mixed-Use Developments
  • Townships and Urban Infrastructure (Bridges, Flyovers, etc.)

With a proven track record of completing over 75 residential and commercial projects, Suma Shilp continues to shape Pune’s skyline with spaces that blend function, aesthetics, and sustainability.

Commitment to Quality & Sustainability

At the heart of every Suma Shilp project lies an unwavering focus on quality, integrity, and long-term value. The firm follows stringent planning and execution standards, ensuring superior outcomes for both homebuyers and investors.

Suma Shilp is also a strong proponent of eco-conscious development. Many projects incorporate green building principles and environment-friendly designs, in alignment with leading environmental standards. Each development is carefully planned to enhance the urban fabric and uplift surrounding communities.

Vision for the Future

Building on its rich heritage, Suma Shilp aims to expand its footprint in Pune’s evolving residential and commercial real estate sectors. The company is committed to advancing construction technology, promoting sustainable urban growth, and enhancing customer experience.

With a forward-looking approach, Suma Shilp seeks to create smarter, greener urban spaces, staying true to its philosophy of “Building dreams, creating spaces, forging partnerships.”

Leadership Team

Suma Shilp Ltd. is driven by a blend of visionary founders and a highly capable core team, whose collective expertise ensures successful project delivery:

Founders

Mr. Anand Naralkar and Mr. Narayanrao V. Kanetkar – Co-founders of Kanetkar Associates (1969), they laid the foundational values of quality and customer satisfaction that continue to guide the company today.

Executive Leadership

Mr. Pramod Naralkar – Managing Director, B.Tech, IIT Bombay, M.S. in Structural Engineering & MBA, Duke University. At the helm since 1983, leading the company with integrity, innovation, and a focus on sustainable development.

Together, this leadership ensemble guides the strategic direction of the company, ensuring that each development contributes meaningfully to Pune’s urban evolution.

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