Who We Are:

The NL Group was set up in the year 1889. It symbolizes a vast heritage of over a hundred years. Mr. Nahalchand Laloochand, a towering personality, through his entrepreneurial skills emerged as a leader in the yarn business in the pre-independence era, thereby forming the base of the Group. His son Kantilal Nahalchand consolidated the industrial empire further. Mr. Kantilal Nahalchand was the Director of the erstwhile Bank of Baorda Ltd., for over three decades. After making a lasting impression in the textile business, NL Group has also made a mark in sugar, banking, pharmaceutical, chemical and film processing industries.

In the year 1979, NL Group ventured into the Real Estate business through the fourth generation of Mr. Rajesh Himatlal and Mr. Mukesh Himatlal who till date actively manage the same. The sons of Mr. Rajesh Himatlal, Mr. Jai Rajesh and Mr. Yash Rajesh have now joined the business thus strengthening the core team. The Group consists of two major businesses – Real Estate and Foreign Exchange.

In the Foreign Exchange Business, NL Forex Ltd. is among the top 10 Foreign Exchange Financial Service Company in India, providing gamut of services for retail and wholesale foreign exchange business. In the Real Estate Business consistent and timely delivery of diverse projects is a unique characteristic of NL Group. It is the first developer in India to offer a legal guarantee of possession on predetermined dates, displaying confidence of managing construction schedules.