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Verum Properties Ltd.

About Us

About Verum Properties ltd

Fairdeal Properties Limited (FPL)

The Company was originally incorporated as Fairdeal Properties Limited (FPL) in 1985. The Certificate of Incorporation was issued on 19th June, 1985 under the Companies Act, 1956 by National Capital Territory of Delhi and Haryana. The certificate of commencement of business issued by the Registrar of Companies, National Capital Territory of Delhi & Haryana on 19th June, 1985.

We are an integrated real estate company poised on development residential, commercial, retail and other projects. We undertake customized infrastructure projects as well. We also indulge ourselves in to trading of residential and commercial unit and also provide our consultancies for real estate projects.

The main object of the Company is to business of builders and contractors, architects, decorators, merchants and dealers in stone, sand, lime, bricks, cement, timber, hardware and other building materials. The Company is also carries on the business of real estates developers, colonizers multi-storeyed builders and real estate agents. The Company is also engaged in the business of finance, trust, legal trust and to finance industrial Enterprises and to promote companies engaged in Industrial and trading business.

We are a professionally managed and growing organization which aims at strengthening and establishing itself as the foremost trader of steel, copper and fabric products in Delhi. We also aim at achieving greater and long-term growth.

Our Main Objects

The objects for which our Company is established are:

To carry on all or any of the business of builders and contractors, architects, decorators, merchants and bealers in stone, sand, lime, bricks, cement, timber, hardware and other building materials.

To carry on business of and to act as real estate developers, colonisers multi-storeyed builders and real estate agents.

To lend or advance money to builders and other persons on securities of all description whether real or personal and to grant loans upon mortgage of any lands, buildings and hereditaments of whatever tenure for the improvement thereof or othwerwise provided that the company shall not do any banking business with the meaning of Banking Regulation Act, 1949.

To carry on the business of finance, trust, legal trust and to finance industrial Enterprises and to promote companies engaged in industrial and trading business.