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Top Real Estate Developers in India
Posted: Oct 11, 2021
The real estate industry is one of the largest sectors in our country. At present, the real estate sector contributes 6-7 % to India’s total gross domestic product (GDP). And, it is estimated to contribute 10% to GDP and reach a market size of $1 trillion by 2030. It is a booming sector and can generate millions of jobs in the coming years.
In terms of direct, indirect, and induced effects in the economy, India's construction industry ranks third among the 14 primary sectors. The real estate companies build everything from housing societies to commercial complexes, industrial parks to hotels, and office spaces to hospitals.
Here is our list of top real estate developers in India. Have a look!
TARC (The Anant Raj Corporation)
TARC is one of the largest real estate development companies and land bank holders in the New Delhi Metropolitan Area. This renowned construction company develops a number of projects of Industrial Parks, Lifestyle Hubs, and Experimental Living which include logistics hubs, hotels, malls, residential complexes, commercial premises, resorts, and other infrastructure projects. TARC envisioned transforming urban lifestyles by empowering people to actualise and experience their lives more meaningfully. TARC Corporate Office is located in the Qutub Institutional Area, New Delhi.
ShapoorjiPallonji
ShapoorjiPallonji Real Estate is one of the country's most profitable real estate companies. They are committed to providing exceptional lifestyle spaces – From extravagant skyscrapers to affordable apartments to functional workspaces. This company has its headquarters in Mumbai. The ShapoorjiPallonji is an Indian conglomerate company that operates across the country in various locations. Apart from serving in the Real Estate business, ShapoorjiPallonji Group is also a big name in Procurement, Oil and Gas, Corporate Financing Solutions, Engineering, Manufacturing, Logistic Solutions, Publications, and other industries.
Godrej Properties
Godrej Properties is regarded as the leading real estate company, having its head office in Mumbai. It has more than 1,300 employees and specialises in residential projects. It is currently operational in Delhi NCR, Pune, Mumbai, and Bengaluru. The company's market capitalisation has grown at a CAGR of over 40%, making it India's largest listed real-estate company by sales. Planet Godrej and Godrej Bkcare two of its most famous projects.
DLF Limited
DLF (Delhi Land and Finance) is a well-known real estate company in the Delhi NCR region, with a diverse portfolio of residential and commercial projects throughout the city. Founded in 1946, DLF has commercial, residential, and retail properties in 15 states and 24 cities. And, it has become one of the largest publicly listed real estate companies in India. DLF’s headquarter is in New Delhi.
Prestige Group
Prestige Group, which was founded in 1986, is one of India's largest real estate developers. Over the years, it has established itself as a widely recognized builder in South India. The company headquarter is located in Bengaluru. Moreover, it also has offices in Chennai, Kochi, Mangalore, Mysore, and Hyderabad. This group has successfully completed many projects like Prestige Golfshire, Prestige Lakeside Habitat, The Forum Mall, and more.
The above mentioned is the list of the top real estate developers in India. The real estate sector is one of the most recognised sectors in the world and is expected to grow multi fold in the coming years.
Disclaimer: This list is based on my own research and it is not in order of ranking of builders. Also, in this article, I’ve not given any legal advice and financial advice of any sort.
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