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Top 10 Real Estate Companies in India 2023

Top Real Estate Companies in India: Real estate companies are the go-to place for you if you are having trouble building the home of your dreams for you and your family. Indian real estate is actually worth $170 billion and supports the finance industry as well. Currently, 6% of the nation’s GDP comes from the real estate industry. Real estate has experienced significant losses as with every other industry because of the Covid-19 issues, but things are gradually improving. India is ranked 34th out of 99 nations in the Jones Lang LaSalle 2020 Global Real Estate Transparency Index, which also includes 163 cities. The Indian Finance Minister included $54,581 million in the 2021 budget for the Ministry of Housing and Urban Affairs.

The real estate sector is India’s second-largest employer after the agricultural sector. Commercial, housing, retail, and hospitality are the four primary divisions that make up the real estate industry. The top real estate companies in India, with decades of expertise, exceptional projects for both commercial and residential use, and a wealth of creative ideas are highlighted in this article. In India’s real estate market, these businesses dominate.

Top 10 Real Estate Companies in India

Indiabulls Real Estate Ltd                                     

Indiabulls, which is well-known for its upscale residential and commercial complexes, is the second-best real estate company in India on the list. Sameer Gehlaut established the company known as Indiabulls Group in January 2000. It is a multi-industry business that operates in home financing, consumer finance, medicines, and rental of construction equipment, among other sectors in addition to the real estate industry. Undoubtedly one of the best businesses in India is Indiabulls Real Estate. The company’s primary focus is on building and developing commercial, residential, and SEZ properties in significant tier-one metro areas across our nation.

Indiabulls Finance Centre and One Indiabulls Center are only two of the large commercial complexes this business has completed in Mumbai over the years totaling more than 3.3 million square feet. In the neighborhood of Greens, Panvel, and Indiabulls Sky, Mumbai. Major Indian cities like Chennai, Ahmedabad, Gurugram, and Thane have also received its project delivery. The company’s net worth is 7,090 crores, while its gross development value is 32,189 crores. Additionally, it is overseeing 15 active projects totaling 33.91 million square feet. In the real estate sector, it has the highest IBREL credit rating of AA- for long-term debt. It was established in 2006 with a focus on the development of major Indian metropolises’ SEZ, commercial, and residential developments. Indiabulls expanded to London a few years ago with some of the biggest projects in the heart of affluent central London in order to expand its footprint worldwide and give wings to its global ambitions.

DLF Ltd.

One of India’s biggest real estate businesses is DLF Limited, often known as Delhi Land and Finance. It was established by Chaudhary Raghvendra Singh in July 1946. The company’s main office is in Gurugram, Haryana, and Rajiv Singh is the chairman at the moment. It is a commercial real estate developer that creates properties for homes, businesses, and residences. Many of you might be unaware that this corporation is responsible for the development of several residential colonies in Delhi, including Rajouri Garden, Model Town, South Extension, Greater Kailash, and Hauz Khass. In Gurgaon, the business started building the DLF City project, which consists of hotels, special economic zones, and other infrastructure.

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The company’s net income for the fiscal year 2021 was US$510 million. By establishing top-notch structures and following best practices in construction, corporate governance, and compliance, it is transforming the landscape of India. The company’s overall assets are 57,229.78 crores, and its rental assets number more than 32 million square feet. DLF received a year 13 “Sword of Honor” from the British Safety Council for upholding strict safety requirements.

The Godrej Properties Ltd.

The 1897-founded Godrej Industries Ltd. subsidiary is called Godrej Properties Limited. It is a real estate business that Adi Godrej launched in January 1990. Pirojsha Godrej serves as its managing director, and the company headquarters are in Mumbai. Numerous important Indian cities, including Gurugram, Chandigarh, Kolkata, Ahmedabad, Nagpur, Pune, Mumbai, Mangalore, Hyderabad, Chennai, Bangalore, Noida, and Kochi, are served by this business. This corporation primarily produces townships, residential communities, and commercial complexes. The company’s total assets are 11,449 crores, or 13.33 billion Indian rupees, and its total revenue for 2021 is that amount.

It has won numerous accolades, including one for the 2020 fiscal year. Its growth has been exponential. Godrej Properties’ primary goals are to deliver high-caliber service and to be a client-focused organization. Their primary goal is to create something that is open, technically advanced, effective, and intelligently designed from an architectural standpoint. The business also emphasizes sustainable development by taking into account many environmental factors, such as site selection and design, content sourcing, energy and water conservation, etc. It is now working on projects that will encompass more than 89.7 million square feet, and it has already finished 48 residential and 2 commercial buildings. Global Real Estate Sustainability has ranked Godrej Properties Ltd. as 17th overall and 7th in

Brigade Enterprises Limited        

It is a real estate and property development firm that was founded in Bangalore, Karnataka, in 1986 by M.R. Jaishankar. The organization’s executive director is Nirupa Shankar. Additionally, it has representative offices in Dubai and operates in Chennai, Mysore, Mangalore, Hyderabad, Kochi, Ahmedabad, and Chikmagalur. It offers real estate, leasing, hospitality, and property management services in South Indian cities. Innovation, Fairness, Trust, and Social Responsibility are the company’s key values.

In the construction sector, it has received numerous national and international accolades. It has constructed World Trade Centers in Kochi, Bangalore, Chennai, and the Gujarat International Finance Tec-City International Finance Center. The company’s Net Revenue totals $2,632 crores, while its Net Profit comes to $112 crores. 12,260 crores are the company’s total assets.

Oberoi Realty Ltd.

It is a real estate development firm with more than three decades of experience that creates infrastructure projects for the retail, social, and commercial sectors. It was founded in 1998, and Mumbai, Maharashtra, serves as its corporate headquarters. Vikas Oberoi, the company’s chairman and managing director, is in charge. It has a 38 million square foot area under construction as of March 31, 2020. In the 2020 fiscal year, the company reported net revenue of INR 2,237 crore.

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With total assets of a staggering 11,121 crores, the corporation has improved its execution skills through technology interventions across the value chain. This business, which ranks among the best in the real estate industry, is rapidly developing and expanding.

L&T Realty Ltd.

L & T Realty Ltd., a member of the Indian multinational conglomerate Larsen & Toubro Group, is among the most reputable and trustworthy real estate firms. Its corporate headquarters are in Mumbai, Maharashtra, where it was established in 2007. It sets the bar high for Indian real estate developers. Mr. Shrikant Joshi, the company’s MD and CEO, is in charge. The company’s broad portfolio includes developments totaling 70 million square feet in Navi Mumbai, Bangalore, Mumbai, Chennai, and Hyderabad, among other key tier-one Indian cities.

In addition to its own projects, it also works on development projects for a number of well-known builders. This business has committed itself to excellence, forward-thinking business practices, and client pleasure. Additionally, it is known for keeping its word. Its primary expansion strategy has embraced the potential of modern technology and digitization.

Phoenix Mills Limited

The registered office of this real estate firm, which was established in 1905, was located in Mumbai, Maharashtra. Atul Ruia serves as the organization’s non-executive director, and Shishir Srivastava serves as its managing director. It creates residential, business, retail, and hotel properties. It has nine substantial retail properties in six important Indian cities. The goal of this business is to become the most reputable and successful real estate firm in the country. They produce services that are grounded in client focus and intelligence with initiatives like Phoenix Marketcity in Pune and Phoenix Palladium in Mumbai. The company’s net profit is 355 crores and its net revenue is 1,941 crores. 10,547 Crores are the company’s total assets.

Dilip Builcon, Ltd.           

Mr. Dilip Suryavanshi established it as an infrastructure development and construction firm in Bhopal, Madhya Pradesh, in 1987. The firm was officially established by the Ministry of Corporate Affairs later in 2006, and it was also listed on the NSE and BSE stock exchanges. It is present throughout 17 Indian states, which together make up to over 80% of the nation’s land area. With 38,569 people, they rank among the biggest employers in the construction sector.

It carries out EPC (Engineering, Procurement, and Construction) projects in addition to building houses. This real estate firm and its joint venture have agreed to pay NHAI (National Highways Authority of India) 1,000 crores for a highway project in Rajasthan. 16% of India’s total national highways have so far been constructed by it. In 2018, Silver Awards for Excellence in Construction Management were presented to this business by Nitin Gadkari. The company’s Net Revenue for 2019–20 is 9,724 crores, while its Net Profit for 2020 is 404 crores. 16,732 Crores are the company’s total assets.

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Projects by Puravankara

The business started its incredible journey 47 years ago in 1975 with a clear vision and objective to provide high-quality homes to satisfy the aspirations of countless millions of people.

With offices in Bengaluru, Hyderabad, Chennai, Kochi, Coimbatore, Mangaluru, Kolkata, Mumbai, Pune, and Goa in addition to the GCC and Sri Lanka, Puravankara is currently present throughout all of India. sWith inspiration from the greatest in the world, Puravankara specializes in projects with a high level of elegance and theme. The Puravankara Group’s keen foresight allowed it to incorporate cutting-edge technology and the most recent advancements in building science well in advance of time, which sped up the construction process and produced high-quality goods.

Ansal Properties and Infrastructure Ltd.

Since its founding in 1967, Ansal Properties and Infrastructure Ltd. have grown to become one of India’s top real estate company in India. A variety of business verticals, including condominiums, integrated townships, group housing, hotels, shopping centers, SEZs malls, IT parks, and utility and infrastructure services are all served by this real estate corporation. Sushil Ansal and Surendra Kumar Saigal, two brilliant founders of API, established the company. Ansal & Saigal Properties Private Limited was the original name of this business; in 1975, it changed its name to Ansal Properties & Industries Private Limited. Due to its phenomenal expansion, Ansal API changed its status from a presumed private limited company in 1988 to a public limited company in 1990.

With its established presence in North Indian markets including Punjab, Delhi NCR, Haryana, Uttar Pradesh, and Rajasthan, which also comprises 19 townships, it is currently one of India’s greatest top real estate company of India. The company’s main areas of interest are commercial, residential, and hospitality projects. Ansal API has received numerous honors throughout the years, including two for the First-Ever Smart Living Award from Amity Leadership honors and 360 Degrees (a division of The Times of India). It received the 2017 Realty India Awards in Dubai for its remarkable contributions to the real estate companies in India, and the same year, The Brand Icon 2017 by Times of India was given to it.

How come they are the best?

These businesses are the real estate companies in India. They have a good reputation to start with. They have a solid reputation among buyers and sellers due to their lengthy business history. Second, they have a sizable agent and broker network. They may now reach more prospective buyers and sellers thanks to this. Third, they have a solid history.

These real estate companies of India have a strong track record of pleased clients and have successfully closed numerous deals. Fourth, they have affordable prices. They always search for the greatest offers and make their customers competitive offers. And lastly, they provide excellent customer service. They are always accessible to assist you with purchasing or selling a home and to answer any questions you may have.

Conclusion

We have examined the top 10 Indian real estate companies for 2023 in this article. These businesses, in our opinion, are setting the bar for innovation, customer satisfaction, and general success. We hope this list has provided you with some useful information on the state of the Indian real estate market at the moment and the businesses you should be paying attention to in the coming years.