The most resilient, adaptable, and visionary real estate stocks in India in 2024 will have shown these qualities. However, these companies have developed a varied and sizable portfolio, demonstrated great financial performance, and overcome challenges. However, the adoption of technology, eco-friendly practices, and customer-centric business models by forward-thinking real estate firms has also improved their market position. We have compiled a list of the Top 10 Real Estate Companies in India for you to choose from to aid you in your search. But first, let’s learn some important facts concerning Indian real estate. This guide will help you to know about Top 10 real estate companies in India for 2024.
Find the Top 10 Real Estate Companies in India
In a nation the size of India, the real estate industry is quite broad and includes a considerable number of real estate firms. Deciding on such a big range of options could be challenging.
Here, we listed the best real estate companies in India:
- DLF: The biggest publicly traded real estate company, owns homes, businesses, and stores in 15 states and 24 cities. In 1946, DLF, which was established by Chaudhary Raghvendra Singh, began operations by creating 22 urban colonies in Delhi. To create amazing living and working environments for the next generation of Indian global professionals, the firm ventured into Gurugram in 1985. Rajiv Singh is the Chairman of DLF, which has its headquarters in Gurgaon, India. In the 2020 fiscal year, the company’s net sales were 6,082 crore INR. The company has a space of around 32 million square feet. The British Safety Council 13th award “Sword of Honour” medals in one year due to its high requirements.
- Godrej Properties Ltd: A prominent developer in India, Godrej Properties Ltd. mark their symbol in real estate industry in 1990 and has its corporate office in Mumbai. However, the business is a component of the Godrej Group, which includes holdings in several industries, including agriculture, real estate, appliances, and consumer goods. Additionally, the business is renowned for its approaches to sustainable growth and has received numerous honours for its environmental initiatives. As, Godrej properties are present in other markets like Dubai, Singapore, and London.
- Phoenix Mills Ltd: This firm builds facilities for retail, housing, business, and hotels. However, they own nine substantial retail establishments spread over six Indian cities. With initiatives like Phoenix Palladium (Mumbai) and Phoneix Market City (Pune), they create services based on careful consideration and comprehension of their clients. However, the headquarters of this company are in Mumbai, India. The corporation was founded in 1905. In addition, the corporation made 355 crores. However, it comes to 10,547 crores in total.
- L&T Realty: In 2011, L&T was founded among the most reputable and trustworthy real estate companies in India. However, it is a pioneer among Indian real estate developers and the real estate division of Larsen and Toubro. Furthermore, the company owns residential, commercial, and retail buildings totalling 70 million square feet in Mumbai, Navi Mumbai, NCR, Bengaluru, Hyderabad, and Chennai. L&T Realty has worked hard to set standards of excellence and satisfy clients with its creative and new approaches to doing business
- Oberoi Realty Ltd: As of March 31, 2020, Oberoi Realty Ltd, a company with over three decades of experience, had 38 million square feet of space under construction. It has so far finished 42 projects, specialising in infrastructure for commercial, residential, retail, social, and hospitality uses. One of India’s top real estate firms, Oberoi Realty was established in 1998 with a registered office in Mumbai and is now led by Chairman and Managing Director Vikas Oberoi. The business’s net income for the upcoming fiscal year was INR 2,237 crore.
- Sobha Ltd: Bangalore, India-based Sobha Ltd was established in 1995. The business is in charge of designing, constructing, and working on other people’s residential and commercial projects. However, its two divisions are SOBHA Contracting and SOBHA Manufacturing. From the start of a project until its satisfactory completion, SOBHA Contracting can help you with everything. The three divisions of SOBHA are Interiors Division, Glazing and Metal Works Division, and Concrete Products Division.
- Mahindra Life Spaces Developers Ltd: One of India’s top real estate firms is Mahindra Lifespace Developers Ltd. However, its main office is in Mumbai, where it was established in 1994. In India, Mahindra Lifespace Developers Ltd. develops both residential and commercial developments. Additionally, in important cities like Mumbai, Pune, Bangalore, Chennai, and Hyderabad have modern infrastructure. Residential developments, business ventures, and integrated cities are all part of its portfolio.
- Embassy Group: One of India’s top developers of real estate, Embassy Group has a significant presence in the commercial, residential, retail, hospitality, and industrial sectors. However, Bengaluru serves as the company’s headquarters, and it was established in 1993. Over 62 million square feet of commercial, residential, retail, and hospitality space built by Embassy Group, which also has more than 50 ongoing and completed projects in India and other countries. Embassy Manyata Business Park, Embassy TechVillage, and Embassy GolfLinks are a few of its prominent undertakings.
- Lodha Group: With its corporate headquarters in Mumbai, Lodha Group is one of India’s top real estate developers. In additio, the business expanded since 1980 to rank among the biggest real estate developers in the nation. Cities like Mumbai, Pune, Hyderabad, and Bangalore are home to the corporation. The World skyscrapers in Mumbai, one of the tallest residential skyscrapers in the world, is one of the well-known projects that Lodha Group has finished in India. The company is particularly well-known for its opulent residential developments, such the Lodha Fiorenza in Goregaon and the Lodha Bellissimo in Mumbai.
- Prestige Group: In 1986, Razack Sattar founded the Prestige Group. Bangalore, India serves as the principal headquarters of the business. So far, the company has completed about 210 projects. Over the past few years, it has established a reputation for itself in the real estate sector. It continues to be one of Chennai’s most recognisable real estate companies. The company’s primary areas of interest include commercial, residential, retail, hotel, and real estate services. Revenue for the business is Rs. 6518 crore. The promoters own 70.00% of the company and made a profit of Rs. 423 crore. The market value of the company is Rs 12,156 crore.
Let’s Wrap Up These Things
We hope the above information was helpful for you to know about top 10 real estate companies in India 2024. However, this information will help you to assist you in locating the best real estate firm for your situation. However, the order of the items on this list is not good, better, best, or vice versa. They are each among the top ten most successful real estate firms in India.
FAQ’s
The wealthiest real estate magnate is Mangal Prabhat Lodha of Macrotech Developers, with a net worth of Rs 44,270 cr.
Rajiv Singh of DLF is the richest real estate agent, having a net worth of Rs 61,200 crore.
DLF, which has a revenue of Rs 7,766 cr, is India’s largest real estate company by total sales.
Investment Opportunities and Market Outlook – SOBHA Ltd. Leading specialists in the Indian real estate sector predict that 2024–2025 would be a successful year for business.