Ruling Real Estate ain’t Everyone’s Cup of Tea! Yet these Companies Stand Tall

Recently, on the occasion of the 11th anniversary of Construction Week (India's largest construction & contracting portal), they announced the top 50 real estate companies for the year 2019. Let’s have a look at the prominent ones from this astonishing list by the company.

What comes to your mind when you hear "Real Estate?" Is it the flawlessness or the construction site? Is it the ravishing interiors or the cost-effective services? The actual meaning of the two-letter phrase is to have a piece of land that has any permanent improvements attached to the land, be it natural or man-made. It includes bridges, trees, minerals, buildings, homes, fences, water, etc. Real Estate is Real Property! Even in the challenging times, how did India manage to level up its infrastructure game?

While the list by Construction Week began with the Prestige Group, it included Hiranandani Communities, Kalpataru, Shobha Ltd, The Wadhwa Group, Tata Realty, and many more. One can also have a look at the Real Estate toppers globally by Forbes! Certainly, you will get many such lists on the internet to filter the best real estate companies in India, among the thousands. It is that simple!

However, if you wish to gather spectacular data, always consider their revenues, the number of projects, type of clients, the growth rate of the company since inception, and much more. These factors will lead you to come to a clear conclusion rather than the created lists online. Proper research can also lead you to some of the prominent interviews from this industry.

Interviews have way more factual data than the lists online. It has that particular company or CEO’s experience and a much more credible face-to-face interaction. If we consider the top search, there is constantly one name that stands tall in all the lists. We may have missed the name above but that doesn’t dull its shimmer!

DLF Ltd. has been one constant ruler in the real estate world. It is among the latest real estate developers in the country with more than 70 years of notable experience in the sector. The realty sector is not for everyone but DLF has never lowered its bar for reasons whatsoever. According to an article written by India Brand Equity Foundation, India is expecting its real estate sector to touch a US$ 1 trillion market size by 2030. This will be accounting for 18-20% of the country’s GDP growth.

An increase in urbanization, increasing investments in the sector, a tremendous rise in household income and many other factors are responsible to add up the huge real estate sector in the country. No doubt, many sectors have faced issues in challenging times of Covid- 19, the real estate sector has learned to tackle the obstacle and has come with a boost in the new normal era.

On the same IBEF website it is mentioned that as per ICRA estimates, Indian firms are expected to raise more than US$ 29 billion through infrastructure and real estate funds.

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