If you are facing the challenge of building your dream house, real estate companies can be your one-stop solution. The Indian real estate sector has a market size of $170 billion and plays a significant role in supporting the financial sector. Currently, the real estate sector contributes 6% to the country’s GDP. By 2030, it is projected that the Indian real estate sector will reach $1 trillion and contribute 13% to the country’s GDP by 2025. Similar to other industries, the real estate sector has faced significant losses due to the Covid-19 pandemic, but there are signs of gradual recovery.
1. Ansal Properties and Infrastructure Ltd
Founded in 1967, Ansal Properties and Infrastructure Ltd has emerged as one of India’s leading real estate companies. This company operates across various business verticals, including Condominiums, Integrated townships, Group Housing, Hotels, Shopping complexes, SEZs Malls, IT Parks, and Utility and Infrastructure Services. The visionary founders of API are Sushil Ansal and Surendra Kumar Saigal. Initially, the company was named Ansal & Saigal Properties Private Limited, which was later changed to Ansal Properties & Industries Private Limited in 1975. In 1988, the company’s status was changed to a deemed public limited company, and it further grew to become a Public Limited Company in 1990.
2. Indiabulls Real Estate Ltd
Indiabulls, the next real estate company on the list, is renowned for its commercial properties and luxurious residential properties. Founded in January 2000 by Sameer Gehlaut, Indiabulls Group is a conglomerate with its headquarters in Gurugram, Haryana. This multi-industry company operates not only in the real estate sector but also in housing finance, pharmaceuticals, consumer finance, construction equipment rentals, and more. Indiabulls real estate stands out as one of the top companies in India. The company’s primary focus lies in constructing and developing commercial, residential, and SEZ properties in major tier-one metro cities across the country.
3. DLF Ltd
DLF Limited, also known as Delhi Land and Finance company, holds a prominent position among the top real estate companies in India. Founded in July 1946 by Chaudhary Raghvendra Singh, the company’s headquarters is located in Gurugram, Haryana. Rajiv Singh currently serves as the chairman of DLF Limited. Specializing in commercial real estate development, the company constructs offices, residences, and retail properties.
4. Godrej Properties Ltd
Godrej Properties Limited, a subsidiary of Godrej Industries Ltd established in 1897, is a prominent real estate company. Founded in January 1990 by Adi Godrej, the company’s head office is located in Mumbai, and its managing director is Pirojsha Godrej. Operating in numerous major Indian cities such as Gurugram, Chandigarh, Kolkata, Ahmedabad, Nagpur, Pune, Mumbai, Mangalore, Hyderabad, Chennai, Bangalore, Noida, and Kochi, Godrej Properties Limited offers a diverse range of products including commercial complexes, residential buildings, and townships. In the year 2021, the company recorded a total revenue of 13.33 billion Indian rupees and possesses assets worth 11,449 crores.
5. Oberoi Realty ltd
With over three decades of experience, this real estate development company specializes in commercial, residential, social, and retail infrastructure projects. Established in 1998, the company is headquartered in Mumbai, Maharashtra. Vikas Oberoi serves as the Managing Director and Chairman, leading the company’s operations. As of 31 March 2020, the company has an impressive 38 million sq. ft area under construction. In the financial year 2020, the company recorded a net revenue of INR 2,237 crore. Through technological interventions across the value chain, the company has enhanced its execution capabilities, boasting total assets worth a staggering ₹ 11,121 crores.
6. Brigade Enterprises Limited
Established in 1986 by M.R. Jaishankar in Bangalore, Karnataka, this company is a property development and real estate enterprise. Nirupa Shankar holds the position of Executive Director within the company. Expanding its operations beyond Bangalore, it also operates in Chennai, Mysore, Mangalore, Hyderabad, Kochi, Ahmedabad, and Chikmagalur, with a representative office in Dubai. The company offers a range of services including property management, real estate, lease rentals, and hospitality primarily in South Indian cities.
7. L&T Realty Ltd
L & T Realty Ltd, a subsidiary of the Indian multinational conglomerate Larsen & Toubro Group, is widely recognized as one of the most trusted and reputable real estate companies. Established in 2007, the company’s headquarters is located in Mumbai, Maharashtra. Renowned for its innovative approach, L & T Realty Ltd stands out as a trendsetter in the Indian real estate development industry. Mr. Shrikant Joshi serves as the MD & CEO, leading the company’s operations. With an extensive portfolio, the company has developed 70 million sq. ft of commercial, residential, and retail projects in major tier-one Indian cities such as Navi Mumbai, Bangalore, Mumbai, Chennai, and Hyderabad.
8. Phoenix Mills Ltd
Established in 1905, this real estate company has its registered office located in Mumbai, Maharashtra. Atul Ruia serves as the Non-Executive Director of the company, while Shishir Srivastava holds the position of Managing Director. The company specializes in developing residential, retail, hospitality, and commercial properties. With a portfolio of 9 large-scale retail assets spread across 6 major Indian cities, the company aims to become the nation’s most trusted and leading real estate company. Notable projects, such as Phoenix Marketcity in Pune and Phoenix Palladium in Mumbai, showcase the company’s commitment to customer focus and insight.
9. Prestige Estate Project Ltd
Founded in 1986 by Razack Sattar in Bangalore, Karnataka, this South Indian property development company has made a significant impact in the real estate industry. Throughout its existence, the company has successfully developed commercial spaces and residential colonies in various Indian cities, including Chennai, Kochi, Bengaluru, Hyderabad, Mysore, and Mangalore. Notable projects such as UB City, Prestige Shantiniketan, Prestige Acropolis, Prestige Golfshire, The Forum, The Forum Vijaya, and The Celebration Mall showcase the company’s ability to create architectural wonders. Continuing its legacy of excellence, the company is currently involved in the construction of one of the largest convention centers and hotels in New Delhi.
10. Dilip Builcon Ltd
Founded in 1987 by Mr. Dilip Suryavanshi in Bhopal, Madhya Pradesh, this company is primarily focused on infrastructure development and construction. In 2006, the company underwent incorporation into the Ministry of Corporate Affairs and became listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). With a widespread presence in 17 Indian states, the company operates in areas that collectively account for over 80% of the country’s landmass. As one of the largest employers in the construction industry, the company boasts a workforce of 38,569 dedicated employees.
