The company was incorporated in the year 2004 in the name and style of Bileshwar Industrial Estate Developers, with an idea to develop untapped opportunities viz. buying, selling, development, re-development of properties, investments in joint ventures, investment in partnerships, investment in completed / partially completed / upcoming projects etc.

The promoters undertook the modest activities in the initial years of operations, capitalizing on an excellent opportunity by acquiring Non Agricultural Land at village Odhav and Nikol, Ahmedabad in Public Auction held by Debt Recovery Tribunal (DRT), Ahmedabad vide sale certificate and sale confirmation issued by the Recovery Officer, DRT, Ahmedabad. The total extent of the land acquired was approximately 161,172 square meters. The company had initiated the Joint Development Agreement with Neelkanth Corporation to construct common road, electrification, drainage and all other necessary infrastructure on the said land. The said Joint Development Agreement has been terminated and all Development activities i.e. development of sheds and commercial offices (shops), are presently carried out by the company.

The company is currently engaged in development of Residential Flats and Bungalows under Partnership firms, namely: Tulsi Enterprises and Dharnidhar Developers respectively. ‘Mahavir Residency’ is the project undertaken by Tulsi Enterprises located at Mansa around 15 Km from Gandhinagar, Gujarat. The project plan is of building around 300 Residential Flats. The company is 5% stakeholder in Tulsi Enterprises. ‘Dharnidhar Homes’ is the project of building around 110 luxurious bungalows which has been undertaken by Dharnidhar Developers, located at Nadiad, Gujarat. The company holds 7.5% share in Dharnidhar Developers.