Top 10 Real Estate Companies in India-2024
In a country as huge as India, the real estate sector is quite extensive and covers a good number of real estate companies. A person may find it difficult to choose one out of this long list. To help you out in your search we have shortened this list for you and brought “Top 10 Real Estate Companies in India” whom you can give a try. But before we go ahead let’s know some valuable information about India’s Real Estate.
There are four subdivisions-housing, hospitality, commercial and retail in the real estate sector. Real Estate is the second largest employer (right after agriculture) in India. It has a significant place in the commercial space of the country and any fluctuation directly impacts the economy. By 2030, the real estate industry is estimated to touch US $ 1 trillion in India and will add up to 13% of the country’s GDP by 2025.
In the Global transparency Index 2020, India ranks 34th. In this list, published by Jones Lang LaSalle, 99 countries and territories and 163 cities are included. In Budget -2024, Indian Finance Minister Nirmala Sitharaman set aside Rs 54, 582 crores for the Ministry of Housing and Urban Affairs. Let’s know about the top 10 real estate companies.
1. DLF Ltd
- Parent organization: Rajdhani Investments & Agencies Private Limited
- Subsidiaries: Lodhi Hotel, DLF Cyber City Developers Limited, MORE
- Founder: Chaudhary Raghvendra Singh
- Headquarters: Haryana
- CEO: Rajeev Talwar (29 Aug 2015–), Mohit Gujral (29 Aug 2015–)
- Founded: 4 July 1946
- Net income: 1,513 crores INR (US$200 million, 2021–2022)
The largest publicly traded real estate corporation, DLF has residential, commercial and retail properties in 15 states and 24 cities. DLF, founded by Chaudhary Raghvendra Singh, started its operation with the development of 22 urban colonies in Delhi in 1946. In 1985, the company expanded into Gurugram, a previously unknown region, developing extraordinary living and working spaces for the new generation of Indian global professionals. DLF is led by Chairman Rajiv Singh, and the company is based in Gurgaon, India. The company earned INR 6,082 crore in net revenue in fiscal year 2020. The firm possesses about 32 million square feet of space. Because it satisfies very high standards, the British Safety Council has given it 13 “Sword of Honor” medals in a year.
2. Ansal Properties Ltd
- Subsidiaries: Ansal IT City & Parks Limited, MORE
- Headquarters: India
- Founded: 1967
Ansal API, one of India’s top real estate firms, has been into construction of lifestyles since 1967. Integrated Townships, Condominiums, Group Housing, Malls, Shopping Complexes, Hotels, SEZs, IT Parks, and Infrastructure and Utility Services are among Ansal API’s current business verticals. It has a significant foothold in North India, with 19 townships in Delhi NCR, Punjab, and Haryana. The firm concentrates on three major residential, commercial, and hotel developments.
Mr. Sushil Ansal, Chairman, Ansal API, has led this real estate company blooming in all areas ranging from real estate development and construction to hotels, infrastructure projects, and educational institutions, starting from a humble beginning with his ideas and application.
3. Indiabulls Real Estate Ltd
- Subsidiaries: Indiabulls Infraestate Limited, MORE
- Founded: 2006
- Headquarters: India
India Bulls real estate is noted for its luxurious homes, both residential and commercial. The company was founded in 2006 and is now considered one of India’s greatest real estate firms. Mainly, the company has developed and built residential, commercial, and special economic zone (SEZ) properties in India’s major tier 1 metro cities.
Apart from delivering projects in Gurugram, Chennai, Madurai, Ahmedabad, and Thane, the company has delivered great commercial developments of 3.3+ million sqft in Mumbai, including One India bulls Centre and India bulls Finance Centre, and in the residential segment, India bulls Sky, Mumbai, and Greens Panvel. The corporation is worth INR 32,189 crores in terms of gross development value.
4. Godrej Properties Ltd
- Headquarters: Mumbai
- CEO: Mohit Malhotra (2017–)
- Parent organization: Godrej Industries Ltd
- Owner: Adi Godrej
- Number of employees: 248 (2011)
- Founder: Adi Godrej
- Subsidiaries: Godrej Projects Development Private Limited, MORE
Godrej Properties Ltd has received several awards for its impeccable construction in FY 2020. Among them are Builder of the Year by CNBC- AWAAZ Real Estate Awards, Real Estate Company of the Year by Construction Week Awards 2019, and Real Estate Company of the Year by Construction Week Awards 2019. With a registered office in Mumbai and a net income of INR 2,441 crore in FY20, the company was founded in 1897 and is one of India’s oldest real estate enterprises. Chairman Pirojsha Godrej and Chairman Emeritus Adi B Godrej lead the company.
The Global Real Estate Sustainability Benchmark has GPL placed 7th in Asia and 17th globally. Several environmental concerns are considered as part of the organization’s focus on sustainable development, including where the material comes from, how the site and design are chosen, and how much water and energy is used.
5. Phoenix Mills Ltd
- Subsidiaries: Island Star Mall Developers Private Limited, MORE
- Headquarters: India
- Founder: Ramnarain Ruia
- Founded: 1905
Phoenix Mills Ltd. constructs retail, residential, commercial, and hotel complexes. They possess nine large-scale retail properties in six Indian cities. They develop services based on a lot of client attention and understanding with projects like Phoenix Palladium (Mumbai) and Phoenix Market City (Pune).
This company’s employees are based in Mumbai, India. Atul Ruia leads the company as chairman and non-executive director. The company’s CEO is Shishir Shrivastava. In 1905, the corporation was established. 1,941 crores in profit. This is the amount of money made by the company: 355 crores. The total amount of money is 10,547 crores.
6. NBCC India Ltd
- Headquarters: India
- Revenue: 5,210.34 crores INR (US$680 million, 2020)
- Subsidiaries: HSCC, NBCC GULF LLC, MORE
- Founded: 1960
- Number of employees: 1,496 (March 2021)
- Key people: P K Gupta; (Chairman & MD), Rakesh Gupta; (Executive Director)
- Owner: Ministry of Housing and Urban Affairs, Government of India
This real estate corporation began as a Government of India Civil Engineering Enterprise in 1960, with its headquarters in Delhi, India. It’s a fantastic example of overcoming adversity. Great skills, an innovative approach, commitment to the highest standard of quality, prompt delivery, and a motivated team are the greatest features of NBCC India Ltd. Real estate development, project management consultancy, and engineering procurement and consultancy are the three main segments. The turnover of NBCC India Ltd is Rs 6,384 crore. This company had a profit of Rs 227 crore. NBCC India ltd has a market capitalization of Rs 6,345 crore.
7. Prestige Group
- Subsidiaries: Prestige Builders Private Limited, MORE
- Founder: Razack Sattar
- Revenue: 120 crores USD
- Headquarters: Bengaluru
- Founded: 1986
- Number of employees: 3,000+
Razack Sattar started the Prestige Group in 1986. The company’s primary headquarters are in Bangalore, India. The company has executed approximately 210 projects so far. It has made a name for itself in the real estate industry over the last few years. It is still one of Chennai’s most well-known real estate firms. Commercial, residential, retail, hotel, and real estate services are the company’s main focuses. The company generates Rs 6518 crore in revenue. The company’s profit is Rs 423 crore, and the promoters own 70.00 per cent of the company. The company’s market capitalization is Rs 12,156 crore.
8. L&T Realty
- Headquarters: L&T House, Ballard Estate, Mumbai, India
- Subsidiaries: CSJ Infrastructure Pvt. Ltd., MORE
- Parent organization: Larsen & Toubro
- Founded: 30 November 2007
- Number of employees: 500 (March 2014)
- Key people: Shrikant Prabhakar Joshi; (CEO & MD)
L&T Realty, founded in 2011, is one of India’s most reputable and reliable real estate firms. It is the real estate arm of Larsen and Toubro, and it is a pioneer among Indian real estate developers. The company has a 70 million square foot portfolio of residential, commercial, and retail properties in the important tier-1 cities of Mumbai, Navi Mumbai, NCR, Bengaluru, Hyderabad, and Chennai.
With its inventive and innovative ways of doing business, L&T Realty has worked hard to create benchmarks of excellence and to make clients happy. Mr Shrikant Joshi, the CEO and MD of this real estate firm, leads the company’s employees. They have a solid track record of delivering on commitments and embracing new technology to expand.
9. Oberoi Realty Ltd
- Headquarters: India
- Subsidiaries: Incline Realty Private Limited, MORE
- Founded: 1998
Oberoi Realty Ltd, which has been in business for over three decades, now has a 38 million square foot area under construction as of March 31, 2020. It has completed 42 projects so far, specialising in commercial, residential, retail, social, and hospitality infrastructure. Oberoi Realty, headed by Chairman and Managing Director Vikas Oberoi, was founded in 1998 with a registered office in Mumbai and is now one of India’s leading real estate companies. The company’s net revenue for the fiscal year 2020 was INR 2,237 crore.
10. Sobha Ltd
- Subsidiaries: Sobha City, MORE
- Headquarters: Bengaluru
- Founder: P. N. C. Menon
- Founded: 1995
Sobha Ltd is situated in Bangalore, India, and was formed in 1995. The company is in charge of creating and building residential and commercial projects, as well as working on other people’s projects. SOBHA Contracting and SOBHA Manufacturing are its two divisions. SOBHA Contracting can assist you with anything from the beginning of a project to the completion of it to your satisfaction. The Interiors Division, the Glazing and Metal Works Division, and the Concrete Products Division are the three divisions of SOBHA Manufacturing.
We have curated this list to help you out in finding out the best real estate company as per your context. This list doesn’t follow good, better and best or vice versa order. They all are India’s top 10 leading real estate companies in their own ways. Take care!
FAQ:
01. Which are the top 10 Real Estate companies in India-2024?
- DLF Ltd – top Real Estate companies in India-2024
- Ansal Properties Ltd – top Real Estate companies in India-2024
- Indiabulls Real Estate Ltd – top Real Estate companies in India-2024
- Godrej Properties Ltd – top Real Estate companies in India-2024
- Phoenix Mills Ltd – top Real Estate companies in India-2024
- NBCC India Ltd – top Real Estate companies in India-2024
- Prestige Group – top Real Estate companies in India-2024
- L&T Realty – top Real Estate companies in India-2024
- Oberoi Realty Ltd – top Real Estate companies in India-2024
- Sobha Ltd – top Real Estate companies in India-2024
02. Who is the king of real estate in India?
Mangal Prabhat Lodha of Macrotech Developers is the richest real estate tycoon with a wealth of Rs 44,270 cr.
03. Who is the richest real estate agent in India?
DLF’s Rajiv Singh is the wealthiest real estate agent with Rs 61,200 cr net worth.
04. Which is the biggest real estate company in India?
On the basis of total sales, DLF is the biggest real estate company in India which has a turnover of Rs 7,766 cr.
05. Which are the 10 best Real Estate Apps in India of 2024?
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- 99acres Real Estate & Property
- NoBroker Flat, Apartment, House, Rent, Buy & Sell
- Magicbricks Property Search & Real Estate App
- Nestaway- Rent a House, Room or Bed
- makaan – real estate & property app
- CommonFloor Property Search
- Nestoria Property
- Homeonline – Property Search & Real Estate App
- FlatMatch – Flat, Flatmates, Roommates Finder
- com Real Estate
