The real estate industry in India is on a boom for the last couple of decades. Since 1980 it has seen a lot of new players entering the arena and making a name for themselves.
Today, the Indian Real estate market is full of private players who, in turn, are supporting the growth of the real estate business and taking the country ahead. This is proven by the fact that today, India is among the top nations when it comes to real estate valuation.
Moreover, with the increase in the demand for office spaces and upcoming urban and semi-urban housing projects the monetary numbers are set to reach an all-time high in the commercial and retail segment.
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Indian Real Estate currently: An overview
Today, the real estate sector in India ranks third in the list of the major sectors that directly contribute to the Economy of the country.
With a lot of NRI investing in different parts of the country, the count of real estate value is supposed to reach as high as the US $1 Trillion dollars by 2030.
According to a survey, Bangalore has become the most sought after location for the NRI investments to put their money, followed by Ahmedabad, Pune, Hyderabad and Chennai.
List of top 20 Realtors in India
Well, India is home to several hundred thousands of realtors that are constructing a new India with their ongoing projects. According to the reports, this number is going to reach more than 372,000 by the end of 2022.
However, there are a handful of realtors that dominate the market with their multi-purpose, long-term and high-value projects. These giants target underdeveloped areas and turn them into top-notch commercial as well as residential marvels.
Top 20 Real Estate Companies in India
DLF
The Delhi Land and Finance is one of the largest real estate company in India. Founded in 1946 by Chowdhary Raghvendra Singh, it has been serving for more than 70 years. Though originally based in Delhi, today it operates in 24 cities and has a market size of Rs 56,772.
It is also the largest publicly listed real estate company in India and has developed more than 27 million sqft to date.
Ongoing Projects: DLF The Crest, DLF Garden City Plot, Emaar MGF The VilasDLF Completed projects: DLF Wellington Estate, DLF Woodland Heights at My Town, DLF New Town Heights
Key people: Rajive Singh ( Ex-Chairman), Kushal Pal Singh
LODHA Group
A Mumbai based real estate developer, Lodha has one of the biggest hands in shaping Mumbai especially, south Mumbai. With a motto of “Building better life,” it has been in the business since 1980.
Till date, they have a market cap of Rs 27,105 Cr. and are planning to come out with new projects in Mumbai and other cities.
Ongoing Projects: The Park, Altia, Marquise, Kiara
Completed projects: Fiorenza, Codename Golden Dream, Excellus New Cuffe Parade
Key people: Mangal Prabhat Lodha ( Founder)
Embassy Group
Considered one of the top-notch companies when it comes to constructing office spaces, the Embassy group is infamous for building Industrial parks and warehouses.
Within the last three decades, they have developed residential assets expanding more than 12 million sq.ft and projects over 17 million sq ft are yet to come.
Ongoing Projects: Kirloskar Business Park, Embassy Square, Embassy Icon
Completed projects: Lake Terraces, Embassy Grove, Manyata Business Park
Key people: Jitendra Virwani
Unitech Real Estate
Founded in 1970 by Ajay Chandra and Sanjay Chandra, they have a diversified portfolio, from constructing IT parks to schools.
One of their famous projects is high-end residency Burgundy on the Noida Expressway. Over the years, Unitech has developed some well -known, Grade A office spaces and IT parks like Cyber Park and Signature towers.
Ongoing Projects: Unitech Unihomes, Harmony
Completed projects: Nirvana Country, Vista Villas, Metro Walk ( Rohini)
Key people: Yudhvir Singh Malik (MD)
Oberoi Realty
With over 42 projects in Mumbai, Oberai realty has played a major role in developing the commercial hub and skyline of Mumbai. World-renowned for their premium housing range, Obereia’s portfolio is adorned with prestigious international awards.
With another, 27 million sqft of projects to come, Oberais are aggressively penetrating the market.
Ongoing Commercial Projects: Sky City-Borivali East, Enigma and Eternia
Completed projects: Oberoi International School
Key people: Vikas Oberai ( MD)
Hiranandani Group
Founded by Hiranandani Brothers in late the 1970s, the group is a pioneer when it comes to township developmental projects. They are infamous for developing commercial spaces in
Mumbai is often called Silicon Valley of Bombay.
Their residential offerings in Powai and Thane region are bliss for people who love environmentally blessed living spaces.
Ongoing Commercial Projects: Glendale, Torino
Completed projects: Hiranandani Gardens, Hiranandani Meadows
Key people: Niranjan Hiranandani, Suresh Hiranandani
Piramal Realty
Well, with a fortune of over Rs 6,000 crore Piramal group, a Mumbai based, family-managed group, founded in 2010 by Anand Piramal. The company’s sole motive is to develop the most admirable real estate that are affordable and amiable.
It has a strong presence in over 30 countries and 100 markets and is also a famous name in the Pharma industry.
Ongoing Projects: Revanta, Vaikunth Cluster
Completed projects: Piramal Mahalaxmi
Key people: Ajay Piramal (Chairman)
Ansal API
Founded in 1967, Ansal API since then is dealing in commercial and residential properties especially, in Haryana, Delhi-NCR, and Rajasthan. Famous Ansal Plaza shopping centers in various cities are the flagship product of the firm.
The company has also ventured into SEZs, Hotels and IT parks. With the motto of “radically improving lifestyle standards”, the company is moving out to other cities as well.
Ongoing Projects: Sushant City, Sushant Taj city
Completed projects: Ansal Plaza
Key people: Sushil Ansal
Godrej Properties
A prominent Indian Household name, over the years Godrej has made a name for itself in the Indian Real Estate market and is counted as one of the top players.
This year they have garnered a booking value of over Rs 5000 crore. Recently, They also reported reaching the mark of more than 1.1 billion customers worldwide.
Ongoing Projects: Godrej Meridien
Completed projects: The Trees, Green Glades
Key people: PIroshja Adi Godrej
Jaypee Infratech
Engaged in real estate project for years, Jaypee tech is famous for its flagship Yamuna Expressway road project that connects Delhi to Agra.
Incorporated in 2007, the top management has declared to diversify with upcoming household and commercial projects.
Ongoing Projects:
Completed projects: Jaypee Greens Klassic, Jaypee Greens Aman
Key people Manoj Gaur (CEO)
RMZ Corp
This Bengaluru based Real estate firm is a prominent name in the real estate world, especially in south India. RMZ Ecoworld, one of its most famous projects has been awarded Best IT Park of the year in 2016.
To date, they own 20 Million sq ft of office space in India and have the vision to take it up to 80 million sq ft.
Ongoing Projects: Vero, Nexity
Completed projects: Latitude, Galleria, Sawaan
Key people: Manoj Menda
Brigade Group
Founded in 1996, Brigade is a top-notch player in the real estate business. The Banglore based Company has garnered many awards and is reputed in the top 50 brands of Banglore city.
Brigade Hospitality Service Limited is an award-winning arm of Brigade Group that is solely engaged in developing top-class resorts, Hotels, clubs, and Convention centers.
Ongoing Projects: Halycon
Completed projects: Brigade Orchards and Atmosphere
Key people: MR Jaishankar
Prestige Group
Founded in 1986, Prestige is based in Bengaluru. The company has proved to be an icon in the real estate sector for its results and customer satisfaction.
An upcoming 2000cr project in Delhi is the upcoming flagship program of the company.
Ongoing Projects: Hillside Gateway
Completed projects: Prestige Falcon City
Key people: Chandru Kalro
Puravankara
Founded in 1975 Purvankara is one of the first firms to develop mid-income and affordable housing solutions. The Bengaluru-based firm is set to hit the market with another 13 projects worth Rs 3000cr.
It also has a Unique spot of becoming the first real estate company to obtain FDI. With over, 80 million sq ft of multiple projects to come, Purvankara has testified for the spot that it holds in the market.
Ongoing Projects: Purva Silversands
Completed projects: Purva Zenium
Key people: Ashish Purvankar
Omaxe
Founded in 1987 by Rohtas Goel, Omaxe is an award-winning real estate firm based in New Delhi. With a prominent presence in Delhi and NCR, the firm has successfully developed projects in 28 cities and 8 states.
Omaxe Chowk at Chandni Chowk is regarded as one of the best examples of modern urban- market developmental programs.
Ongoing Projects: The Hemisphere
Completed projects: Omaxe City-1
Key people: Rohtas Goel
Kolte Patil developers
A Pune based firm, Kolte Patil has been changing the Landscape for Pune for more than 25 years. In 2020, The Life Republic Zaradus Campaign of the firm was honoured with the best innovative marketing campaign award.
Apart from Pune Kolte Patil is now operating in cities like Hyderabad and Mumbai as well.
Ongoing Projects: IVY Estate
Completed projects: Bellflower, Tuscan
Key people: Rajesh Patil
Sobha Developers
Sobha developers were the first real estate firm to develop a residential project in the Gujarat- GIfT city. Since then they have also shown interest in developing mid-income households hence, diversifying their portfolio.
Ongoing Projects: dream Acres Oasis
Completed projects: Blossom
Key people: Ravi Menon
Eldeco Group
Founded in 1985, Eldeco since then has been a frontrunner especially, in the North Indian markets. The firm has two major Components Eldeco Housing and Industries Ltd. and Eldeco Infrastructure and Properties Ltd. for providing various services.
For over 30 years, Eldeco has delivered more than 150 projects with 100% customer satisfaction and received numerous awards.
Ongoing Projects: Eldeco Live by the Greens
Completed projects: Sidcul Industrial Park
Key people: Pankaj Bajaj
Mahindra Lifespaces
A household name Mahindra and Mahendra have also aced the real estate market with its renowned comfy and luxurious projects that have flourished over 25 million sqft of land in various parts of the country.
Initially, named as Mahindra GESCO, in 2007 it was rebranded as Mahindra Lifespaces Developers Ltd. (MLDL).
Ongoing Projects: Bloomdale, Vicino
Completed projects: Eminente, Splendour
Key people: Sangeeta Prasad
M3M
Magnificence in the Trinity of Men, Materials & Money, this newcomer from Gurgaon Haryana has been successful in crafting a formidable name for itself with its multidimensional and high-tech reality solutions.
Incorporated in 2008, today M3M has undertakings more than 4 crore sq ft of the area across the country.
Ongoing Projects: Golf estate, Merlin
Completed projects: Sierra, Natura
Key people: Basant Bansal
Escrow now in Real Estate
Whether it is a commercial space or housing sector, if you are looking to lock-up your money in the real estate industry there isn’t any right time such as now and get a better ROI.
Here we have provided you with the list of the most trustable and dependable realtors in India. However, we advise you to do your due diligence before investing.
If you like this article, please feel free to share your feedback in the comment section.
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