The Indian real estate sector has witnessed remarkable growth and transformation over the years in real estate builders in India, with numerous builders and developers contributing to its evolution. The Indian residential real estate sector made impressive strides in 2022, seeing a startling 68% increase in sales from the previous year. This highlights the industry’s status as one of India’s fastest-growing sectors.
A substantial portion of the anticipated Rs 2 lakh crore in revenue that the real estate sector provided to the states and union territories in FY 23 came from stamp duties. By the end of 2023, it is anticipated that the coworking market in India would have grown by 15% annually, surpassing 50 million square feet. In addition, managed office space is anticipated to continue growing steadily at a 10% rate until 2023.
The residential real estate market in India made amazing achievements in 2022, recording a stunning 68% year-over-year increase in sales, establishing its place as one of India’s fastest-growing industries, according to Robin Chhabra, who made a comment about the development. The real estate industry gave states and union territories an estimated Rs 2 lakh crore in revenue in FY 23, mostly in the form of stamp duties.
Looking ahead to 2023, managed office spaces are forecast to continue growing at a steady 10% rate, while the co-working market is anticipated to reach 50 million square feet by year’s end, representing a 15% year-over-year gain. In 2022, Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Kolkata, and Pune will absorb 38.25 million square feet of net office space, according to a recent JLL report, according to Robin Chhabra. Here we will talk about the Top 50 Real Estate Builders in India.
List of Top 50 Real Estate Builders in India
In this dynamic landscape, the pursuit of excellence in construction and innovation has led to the emergence of top-tier real estate builders who have left an indelible mark on the industry. This article delves into the realm of real estate in India, shedding light on the top 50 real estate builders who have redefined the way we perceive urban living and have played a pivotal role in shaping the country’s architectural and infrastructural future.
1. DLF Limited
Market capitalization: $6.8 billion
Last year revenue: 54 billion Indian rupees
Among the top 50 real estate builders in India, DLF Limited stands tall as a pioneer and leader in the industry. DLF’s journey has been marked by iconic developments across residential, commercial, and retail segments. One of the top real estate builders in India.
Their commitment to innovation, sustainability, and quality has earned them the trust of millions of customers. With a diverse portfolio that includes the ambitious Cyber City in Gurugram, DLF Limited continues to be a driving force in the Indian real estate market.
2. Godrej Properties Limited
Market capitalization: $4.5 billion
Last year revenue: $1.2 billion
Godrej Properties Limited is another prominent name in the Indian real estate sector. Known for its strong ethical values and commitment to sustainability, Godrej Properties has carved a niche for itself in the industry.
The company’s projects are characterized by meticulous planning, attention to detail, and a focus on green and eco-friendly construction. Their commitment to excellence and customer satisfaction has made them a preferred choice for homebuyers across the country.
3. NBCC India
Market capitalization: $0.4 billion
Last year revenue: $0.5 billion
NBCC India, a government-owned entity, has been instrumental in the development of infrastructure and real estate projects in India. With a strong track record in executing complex projects, NBCC plays a crucial role in shaping the nation’s urban landscape.
The company’s emphasis on quality, transparency, and sustainability has earned it a place among the top real estate builders in India. One of the top real estate builders in India.
4. Ansal Properties
Ansal Properties, with its decades-long presence in the real estate sector, is known for delivering high-quality residential and commercial projects. One of the top real estate builders in India.
Their commitment to customer satisfaction and innovation has made them a trusted name in the industry. Ansal Properties’ portfolio includes iconic developments that have redefined urban living and workspaces.
5. Indiabulls Real Estate
Market capitalization: $0.6 billion
Last year revenue: $0.2 billion
Indiabulls Real Estate is a name synonymous with luxury and innovation in the Indian real estate market. With a focus on creating world-class residential and commercial spaces, the company has garnered a reputation for delivering projects that exceed customer expectations.
Indiabulls Real Estate’s commitment to quality and design has made it a prominent player in the industry. One of the top real estate builders in India.
6. Oberoi Realty Limited
Market capitalization: over $2.5 billion
Last year revenue: over $0.2 billion
Oberoi Realty Limited is a Mumbai-based developer known for its luxurious residential and commercial projects. One of the top real estate builders in India.
The company’s commitment to quality, design, and customer satisfaction has set it apart in the competitive real estate market. Oberoi Realty’s developments reflect a blend of modern aesthetics and functionality, making them highly sought-after properties.
7. Phoenix Mills
Market capitalization: over $2.5 billion
Last year revenue: over $0.2 billion
Phoenix Mills is a prominent player in the retail and commercial real estate segment. Known for its iconic shopping malls and entertainment complexes, Phoenix Mills has redefined the concept of leisure and retail spaces in India.
The company’s commitment to creating vibrant and dynamic environments has made it a leading name in the industry. One of the top real estate builders in India.
8. L&T Realty
L&T Realty, a subsidiary of Larsen & Toubro, is known for its excellence in construction and engineering. The company’s real estate arm carries forward the legacy of L&T’s commitment to quality and innovation.
Their residential and commercial projects are characterized by world-class construction standards and attention to detail. One of the top real estate builders in India.
9. Brigade Enterprises Limited
Market capitalization: over $1.5 billion
Last year revenue: over $0.2 billion
Brigade Enterprises Limited is a Bangalore-based real estate developer with a strong presence in South India. Known for its commitment to quality, innovation, and customer satisfaction.
Brigade Enterprises has created a niche for itself in the competitive real estate market. The company’s diverse portfolio includes residential, commercial, and hospitality projects.
10. SOBHA Homes
SOBHA Homes, founded by PNC Menon, is renowned for its premium residential developments. The company’s commitment to quality craftsmanship, architectural excellence, and customer-centric approach has made it a preferred choice for luxury homebuyers.
SOBHA’s projects stand as a testament to their unwavering dedication to delivering homes that are not just luxurious but also functional and sustainable.
11. Prestige Estates
Market capitalization: $2.6 billion
Last year revenue: over $0.5 billion
Total completion project: over 80 million square feet
The Indian real estate sector continues to thrive, and within the list of the top 50 real estate builders in India, Prestige Estates stands as a prominent player. Based in Bangalore, Prestige Estates has earned a stellar reputation for developing high-quality residential, commercial, and retail spaces.
Their commitment to architectural excellence, innovation, and sustainable practices has made them a preferred choice for discerning homebuyers and businesses. One of the top real estate builders in India.
12. Dilip Buildcon
Market capitalization: $0.4 billion
Last year revenue: over $1.5 billion
Total completion project: over 15,000 lane km
Dilip Buildcon is a name synonymous with infrastructure development and construction excellence in India. While their primary focus is on infrastructure projects like highways and bridges, their presence extends to real estate development as well.
Dilip Buildcon’s commitment to quality construction and timely project delivery has earned them recognition in the real estate sector. Their residential and commercial developments reflect the same dedication to excellence that characterizes their infrastructure projects.
13. Omaxe Limited
Market capitalization: $0.3 billion
Last year revenue: over $0.2 billion
Total completion project: over 120 million square feet
Omaxe Limited is a prominent real estate developer with a strong presence across North India. The company’s diverse portfolio includes residential, commercial, and integrated township projects.
Omaxe is known for its commitment to delivering value for money, quality construction, and customer satisfaction. Their developments have contributed significantly to the growth and development of cities in the northern region of India.
14. Sunteck Realty
Market capitalization: over $1.5 billion
Last year revenue: over $0.1 billion
Total completion project: over 30 million square feet
Sunteck Realty is a Mumbai-based real estate developer known for its luxurious residential and commercial projects. Their properties epitomize luxury and comfort, catering to the upscale segment of homebuyers and businesses.
Sunteck Realty’s commitment to creating aesthetically pleasing and functional spaces has made them a name to reckon with in the Indian real estate market. One of the top real estate builders in India.
15. Mahindra Lifespaces
Market capitalization: over $1.5 billion
Last year revenue: over $0.1 billion
Total completion project: over 25 million square feet
Mahindra Lifespaces, a subsidiary of the Mahindra Group, is committed to creating sustainable urban communities. Their focus on green and eco-friendly development has set them apart in the real estate industry.
Mahindra Lifespaces’ projects are characterized by thoughtful planning, innovative design, and a commitment to environmental sustainability. They have been at the forefront of promoting sustainable living practices in urban India.
16. Tata Housing Development Company Limited
Market capitalization: over $1.5 billion
Last year revenue: over $0.2 billion
Total completion project: over 30 million square feet
Tata Housing Development Company Limited, a subsidiary of the Tata Group, is known for its commitment to quality and customer-centric approach. With a diverse portfolio of residential and commercial projects.
Tata Housing has consistently delivered on its promise of providing world-class living and working spaces. Their developments are marked by innovative design, sustainable practices, and a focus on enhancing the quality of life for residents and occupants.
17. Lodha Group
Market capitalization: over $3.5 billion
Last year revenue: over $1 billion
Total completion project: over 60 million square feet
The Lodha Group is one of India’s largest real estate developers, with a strong presence in Mumbai and other key cities. Their portfolio includes some of the most iconic residential and commercial projects in the country.
Lodha Group’s commitment to architectural excellence, international standards of construction, and a customer-centric approach has made them a market leader in the luxury real estate segment.
18. Shapoorji Pallonji Real Estate
Shapoorji Pallonji Real Estate, a part of the Shapoorji Pallonji Group, has a legacy of over 150 years in the construction industry. Their real estate developments are known for their quality, craftsmanship.
And attention to detail. Shapoorji Pallonji’s projects span residential, commercial, and mixed-use developments, contributing significantly to India’s urban landscape.
19. Hiranandani Developers
Hiranandani Developers, founded by the visionary Niranjan Hiranandani, has played a pivotal role in reshaping the skyline of Mumbai and other cities. The company is renowned for its integrated townships.
Which offer a holistic living experience. Hiranandani Developers’ commitment to creating self-sustained communities with modern amenities and green spaces has garnered them a loyal customer base.
20. Piramal Realty
Piramal Realty is known for its commitment to quality, design, and transparency in the real estate sector. Their residential and commercial projects are characterized by innovative architecture and attention to detail.
Piramal Realty’s developments aim to enhance the overall quality of life for residents and occupants, making them a notable player in the Indian real estate market.
21. Kalpataru Group
The Indian real estate sector is teeming with a diverse array of developers, and within the list of the top 50 real estate builders in India, the Kalpataru Group has established itself as a formidable player. Based in Mumbai, the Kalpataru Group has a rich history spanning over five decades.
They are renowned for their residential, commercial, and retail projects that exemplify innovation and sustainability. Kalpataru Group’s commitment to quality, ethical practices, and customer-centric approach has garnered them a loyal customer base.
22. Puravankara Limited
Puravankara Limited is a well-established name in the Indian real estate industry, known for its commitment to delivering quality homes and commercial spaces. One of the top real estate builders in India.
With a presence across multiple cities, including Bangalore, Chennai, and Kochi, Puravankara Limited has a diverse portfolio of residential, commercial, and mixed-use developments. Their projects are characterized by thoughtful design, modern amenities, and an emphasis on creating vibrant communities.
23. Embassy Group
Embassy Group is synonymous with high-quality commercial real estate developments in India. With a focus on creating world-class office spaces and IT parks, Embassy Group has contributed significantly to the growth of the country’s IT and business sectors.
Their commitment to sustainability, technology-driven solutions, and creating conducive work environments has made them a preferred choice for global corporations. One of the top real estate builders in India.
24. K Raheja Corp
K Raheja Corp is a Mumbai-based real estate developer with a legacy of over six decades. The company has been instrumental in transforming Mumbai’s urban landscape with iconic residential and commercial projects.
K Raheja Corp’s commitment to quality construction, innovative design, and customer satisfaction has earned them a distinguished reputation in the industry.
25. Salarpuria Sattva Group
The Salarpuria Sattva Group is a prominent real estate developer known for its diverse portfolio that includes residential, commercial, and hospitality projects. With a presence in multiple cities, the company has earned a reputation for delivering quality construction and innovative design.
Salarpuria Sattva’s commitment to sustainable practices and customer-centric approach has solidified its position as a trusted builder in India. One of the top real estate builders in India.
26. Kalyani Developers
Kalyani Developers, based in Kerala, is known for its commitment to quality and customer satisfaction. One of the top real estate builders in India.
The company’s residential projects are characterized by attention to detail, modern amenities, and a focus on creating comfortable living spaces. Kalyani Developers has played a significant role in meeting the housing needs of the state.
27. Emaar India
Emaar India, a subsidiary of Emaar Properties, is renowned for its luxurious residential and commercial developments. With a commitment to architectural excellence and modern living.
Emaar India has delivered iconic projects that cater to the upscale segment of homebuyers and businesses. Their developments reflect international standards of construction and design.
28. ATS Infrastructure Limited
ATS Infrastructure Limited is a real estate developer known for its commitment to delivering quality residential and commercial projects. With a strong presence in North India, the company has a diverse portfolio that includes luxury homes, affordable housing, and commercial spaces.
ATS Infrastructure Limited’s focus on innovation, timely delivery, and customer satisfaction has earned them a loyal customer base. One of the top real estate builders in India.
29. Raheja Developers Limited
Raheja Developers Limited is a prominent player in the Indian real estate market, known for its residential and commercial projects that embody quality and innovation. One of the top real estate builders in India.
The company’s commitment to timely project delivery, transparency, and customer-centric approach has made them a trusted name in the industry. Raheja Developers Limited has contributed significantly to the growth of cities like Gurgaon with their iconic developments.
30. Ajmera Realty and Infra India Limited
Ajmera Realty and Infra India Limited is a real estate developer known for its commitment to creating affordable housing solutions. With a strong presence in Mumbai and other cities.
The company has played a crucial role in meeting the housing needs of urban India. Their projects emphasize affordability, quality, and modern amenities, making them a preferred choice for middle-income homebuyers.
31. Rohan Builders
As we delve deeper into the list of the top 50 real estate builders in India, Rohan Builders stands out as a prominent name in the industry. Based in Pune, Rohan Builders has earned a reputation for delivering innovative and sustainable residential and commercial projects.
Their commitment to quality construction, attention to detail, and customer-centric approach have made them a trusted choice for homebuyers and businesses alike. Rohan Builders’ projects are characterized by modern design, functional spaces, and an emphasis on creating communities rather than just buildings.
32. Shriram Properties Limited
Shriram Properties Limited is a well-established player in the Indian real estate market. With a strong presence in South India, the company has consistently delivered high-quality residential and commercial projects.
Shriram Properties is known for its customer-centric approach, affordability, and innovative design. Their developments cater to a wide range of homebuyers, making them a preferred choice in the region.
33. SNN Builders
SNN Builders is a Bangalore-based real estate developer known for its commitment to quality construction and innovative design. The company’s residential projects reflect modern living with a touch of elegance.
SNN Builders’ dedication to delivering timely projects and customer satisfaction has made them a respected name in the competitive Bangalore real estate market. One of the top real estate builders in India.
34. Sheth Creators Private Limited
Sheth Creators Private Limited is a Mumbai-based real estate developer renowned for its luxurious residential and commercial projects. The company’s developments are characterized by premium amenities, modern design, and attention to detail.
Sheth Creators’ commitment to excellence and customer-centric approach has garnered them a loyal customer base in the upscale real estate segment. One of the top real estate builders in India.
35. Rustomjee Group
The Rustomjee Group, with a presence in Mumbai and other key cities, is known for its iconic residential and commercial developments. The company’s projects epitomize luxury and modern living, with a focus on creating vibrant communities.
Rustomjee Group’s commitment to innovation, sustainability, and customer satisfaction has solidified its position as a leader in the luxury real estate segment. One of the top real estate builders in India.
36. Adani Realty
Adani Realty, a subsidiary of the Adani Group, is known for its integrated township projects and luxurious residential developments. The company’s commitment to quality, modern design, and sustainable practices has made them a prominent player in the Indian real estate market.
Adani Realty’s projects aim to provide a holistic living experience for residents, with world-class amenities and green spaces. One of the top real estate builders in India.
37. Krishna Enterprises (Housing & Infrastructures) India Private Limited
Krishna Enterprises (Housing & Infrastructures) India Private Limited is a real estate developer with a strong presence in the National Capital Region (NCR). One of the top real estate builders in India.
The company is known for delivering quality residential and commercial projects. Their commitment to timely project delivery and customer satisfaction has earned them recognition in a competitive market.
38. Birla Estates Private Limited
Birla Estates Private Limited, a part of the Aditya Birla Group, is known for its commitment to creating sustainable and modern living spaces. The developments reflect the group’s values of integrity, commitment, and excellence.
The company’s residential projects are characterized by innovative design, quality construction, and a focus on enhancing the overall quality of life for residents. One of the top real estate builders in India.
39. Casagrand Builders Private Limited
Casagrand Builders Private Limited is a Chennai-based real estate developer known for its affordable yet high-quality residential projects. The developments focus on providing a comfortable and convenient living experience.
The company’s commitment to delivering value for money, modern amenities, and timely project delivery has made them a preferred choice for middle-income homebuyers in South India.
40. Provident Housing Limited
Provident Housing Limited, a subsidiary of Puravankara Limited, specializes in creating affordable housing solutions. With a presence in multiple cities, the company has played a crucial role in addressing the housing needs of urban India.
Provident Housing’s projects emphasize affordability, quality, and modern amenities, making them a trusted name in the affordable housing segment.
41. Mahaveer Group
In the dynamic landscape of India’s real estate sector, the Mahaveer Group has established itself as a prominent name. Based in Bangalore, the Mahaveer Group is renowned for its residential and commercial developments characterized by innovation and affordability.
Their commitment to quality construction, attention to detail, and customer-centric approach have earned them a solid reputation in the industry. The Mahaveer Group’s projects cater to a wide range of homebuyers, making them a trusted choice in the competitive Bangalore real estate market.
42. Assetz Property Group
Assetz Property Group is another significant player in the Indian real estate market, known for its commitment to quality and innovative design. The Group’s focus on creating vibrant and environmentally responsible communities has earned them recognition as a forward-thinking developer.
The company’s projects span residential, commercial, and mixed-use developments, and they characterized by modern architecture and sustainability.
43. Mantri Developers
Mantri Developers, with its base in Bangalore, has made a mark in the real estate industry through its innovative and customer-centric approach. The company’s residential and commercial projects reflect a perfect blend of modernity and functionality.
Mantri Developers’ commitment to timely project delivery and sustainable practices has earned them a dedicated customer base in the South Indian market.
44. Goyal & Co.
Goyal & Co. is a renowned real estate developer with a strong presence in western India, especially in Gujarat. The company known for its residential and commercial projects that emphasize quality construction and design.
Goyal & Co.’s commitment to delivering value for money and creating comfortable living spaces has made them a trusted name in the region’s real estate market.
45. Panchshil Realty
Panchshil Realty is a Pune-based real estate developer known for its luxurious residential and commercial projects. Their properties epitomize luxury and modern living, catering to the upscale segment of homebuyers and businesses.
Panchshil Realty’s commitment to architectural excellence, international standards of construction, and a focus on creating world-class environments has made them a preferred choice for global corporations seeking office spaces.
46. The Wadhwa Group
The Wadhwa Group, based in Mumbai, is synonymous with high-quality residential and commercial developments. The company’s projects known for their premium amenities, modern design, and attention to detail.
The Wadhwa Group’s commitment to excellence and customer-centric approach has earned them a loyal customer base in the upscale real estate segment in Mumbai and beyond.
47. Nitesh Estates
Nitesh Estates, with its presence in multiple cities, known for its residential, commercial, and hospitality projects. The company’s commitment to innovation, quality construction, and timely project delivery has made them a respected name in the Indian real estate market.
Nitesh Estates’ developments reflect a blend of modern aesthetics and functionality, making them highly sought-after properties. One of the top real estate builders in India.
48. Raffles Residency Private Limited
Raffles Residency Private Limited is a real estate developer that focuses on creating exclusive and luxurious residential projects. With a commitment to quality craftsmanship, architectural excellence, and customer satisfaction.
Raffles Residency has carved a niche for itself in the upscale real estate segment. Their projects characterized by elegance and opulence. One of the top real estate builders in India.
49. Fort Group.
Fort Group, with its diverse portfolio of residential and commercial developments, known for its commitment to quality and innovative design. One of the top real estate builders in India.
The company has played a pivotal role in shaping the urban landscape of cities in Gujarat. Fort Group’s projects emphasize sustainability, modern amenities, and a focus on enhancing the overall quality of life for residents and occupants.
50. Brigade Group
Brigade Group, a prominent name in the Indian real estate sector, has a diverse portfolio that includes residential, commercial, and hospitality projects. With a presence in multiple cities, the company known for its commitment to quality, innovation, and customer satisfaction.
Brigade Group’s developments have contributed significantly to the growth and development of cities across India, reflecting their dedication to excellence. One of the top real estate builders in India.
Conclusion
In the ever-evolving world of Indian real estate, the top 50 real estate builders mentioned in this article stand as pillars of innovation, quality, and sustainability. Their unwavering commitment to delivering exceptional projects has not only transformed skylines but has also improved the quality of life for millions of Indians. As India continues to urbanize and modernize, these builders will undoubtedly play a crucial role in shaping the nation’s future.
Their dedication to excellence ensures that the Indian real estate sector remains vibrant, competitive, and poised for growth in the years to come, offering not just homes but dreams and aspirations to a burgeoning population.
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