V. K. Lalco Pvt. Ltd.
V. K. Lalco Pvt. Ltd. (VKL) was formed in 1958 by Khiamal Lalchand, a self-made Indian entrepreneur. Since its founding, VKL has constructed over 40 buildings, and has expanded to own over 200 acres of land in Mumbai. The Group now comprises three separate entities: Lalco Construction (LC), Lalco Interiors (LI), and Lalco Residency (LR).
Over the past half-century, VKL has established itself as a leading innovator in three major sectors of the Indian economy. Lalco Construction has been a leader in the residential and commercial construction sectors and previously held claim to constructing Mumbai’s tallest residential building, Ashoka Apartments. Lalco Interiors operates three physical stores and its own e-commerce platform in India’s fast-growing retail furniture market. Lalco Residency, operating in the hospitality sector, provides fully serviced luxury apartments to corporate clients and other travellers with requirements for short and long-term luxury housing. Altogether, VKL has grown to employ over 150 people across multiple metros in India and abroad. V. K. Lalco is currently one of the largest landowners in Mumbai.
Lalco Construction (LC) has developed over 1,000,000 square feet of residential and commercial property across the world since the early 1950’s.
LC has developed buildings in various Indian metros. In Mumbai, LC has built several iconic buildings including, Anita, located on the prestigious residential area of Malabar Hill, Sunita, located in Mumbai’s bustling Colaba, and Elco Arcade, located in the ever-improving suburb of Bandra. In Bangalore, LC developed the prestigious residential buildings. LC also constructed residential and commercial buildings in the heart of Pune. In addition to the many buildings LC has developed on its own, the company has also been involved in multiple joint venture projects.