Looking for real estate companies? Then this post is ONLY for you. Here we have curated the list of best real estate companies in India with over decades of experience in the realty sector with innovative and excellent projects for residential and commercial purposes.
In India, the real estate sector is estimated to reach a whopping US$ 1 Trillion by 2030 and will contribute to 13% of the country’s GDP by 2025. India stands in 34th place in Global Real Estate Transparency Index 2020. This ranking is published by Jones Lang LaSalle (JLL) in which 99 countries and territories and 163 cities are included.
The Indian Finance Minister Nirmala Sitharaman has allocated Rs. 76,432 crores to the Ministry of Housing and Urban Affairs in Budget 2023-24. This sector is the second-largest creator of jobs in India, right after Agriculture. Here are the best agriculture companies for your ease.
The real estate sector consists of four broad sub-divisions – housing, hospitality, commercial, and retail. But if you’re wondering which is the best real estate company. Luckily, we got you covered for all potential queries you might have.
Related: 20 Best Cement Companies in India
Contents
20 Best Real Estate Companies in India
The real estate companies mentioned have the best experience and projects for residential, commercial, retail, hospitality, and SEZ projects with a major share in the Indian real estate market.
So, without further ado, let’s take a closer look at all these top real estate companies in India.
1. DLF
DLF is one of the top real estate companies in India founded in 1946 with a registered office in Gurgaon, India, and is led by Chairman Rajiv Singh. The company recorded net revenue of INR 6,137.84 Crore for the year ended March 2022.
DLF has been changing Indian landscapes for 75 years by constructing world-class buildings and adhering to best practices in construction, environment, compliance, and corporate governance.
The company owns rental assets of more than 32 million square feet. It maintains rigorous safety standards and hence has been awarded 13 ‘Sword of Honor’ awards in a year by the British Safety Council.
2. Godrej Properties
With more than 250 rewards and recognitions including “Most Trusted Real Estate Brand -2019” and “Builder of the Year by CNBC – 2018”, Godrej has been rising exponentially.
The company was founded in 1897 and is one of the oldest real estate companies in India with a registered office in Mumbai and led by Chairman Pirojsha Godrej and Chairman Emeritus Adi B Godrej and had net revenue of INR 2,585.69 Crore in FY22.
GPL has been awarded the 7th position in Asia & 17th globally by Global Real Estate Sustainability Benchmark. The focus of the organization on sustainable development encompasses several environmental criteria, including sourcing of content, site selection and design, and water and energy conservation.
3. NBCC India
- Registered Office: New Delhi, India
- Chairman & Managing Director: Pawan Kumar Gupta
- Director – Commercial: Rajendra Chaudhari
- Founded: 1960
NBCC is a Government of India Enterprise which achieved the status of a ‘Navratna’ Company in 2014. NBCC has signed an MoU with the Government of Mauritius for the construction of 3 projects in Mauritius viz. the National Archives & National Library, Police Academy, and Forensic Science Laboratory.
4. Ansal Properties
Ansal API is one of the leading real estate companies in India and is building lifestyles since 1967. Ansal API currently operates in a range of business verticals such as Integrated Townships, Condominiums, Group Housing, Malls, Shopping complexes, Hotels, SEZs, IT Parks, and Infrastructure and Utility Services.
Starting from a humble beginning, Mr. Sushil Ansal, Chairman, Ansal API, with his imagination and application has led this real estate company to boom in all sectors ranging from realty development & construction to hotels, infrastructure projects, and educational institutions.
In today’s times, Ansal API is one of the best real estate companies in India which has set its footprint predominantly in North India in markets such as Delhi NCR, Punjab, Haryana, Rajasthan, and Uttar Pradesh, which includes 19 townships. The company has a prime focus on residential real estate projects, commercial real estate projects, and hospitality projects.
5. Indiabulls Real Estate
Indiabulls real estate is known for its luxury in residential and commercial properties. The company was incorporated in 2006 and is one of the best real estate companies in India. The company has focused on the development and construction of residential, commercial, and SEZ properties across major tier-1 metro cities of India.
The company has delivered great commercial developments of 3.3+ million sqft in Mumbai which is One Indiabulls Centre & Indiabulls Finance Centre and in the residential segment – Indiabulls Sky, Mumbai, and Greens Panvel, apart from delivering projects in Gurugram, Chennai, Madurai, Ahmedabad, and Thane.
The company has a gross development value of INR 32,189 crores, and a net worth of INR 7,090 crores as of March 31 and with 15 ongoing projects with a total saleable area of 33.91 million sq. ft. under its wing. It also has an IBREL credit rating of AA- for long-term debt, one of the highest in the industry.
6. Oberoi Realty
With over three decades of experience, Oberoi Realty Ltd has completed 42 projects to date and deals in Commercial, Residential, Retail, Social, and Hospitality infrastructure.
The Oberoi Realty was founded in 1998 with a registered office in Mumbai and led by Chairman and Managing Director Vikas Oberoi and is one of the top real estate companies in India. The company recorded net revenue of INR 2,752.42 in FY March 22.
The company is enhancing execution capabilities through technological interventions across the value chain with total assets worth a whopping INR 11,121 crore.
7. PhoenixMills
- Registered Office: Mumbai, India
- Chairman & Non-Ex. Director: Atul Ruia
- Managing Director: Shishir Shrivastava
- Founded: 1905
Phoenix Mills Ltd develops Retail, Residential, Commercial, and Hospitality properties. Owning 9 large-scale retail assets across 6 cities in India, they aspire to be the nation’s leading and most trusted estate company.
With projects like Phoenix Palladium (Mumbai) and Phoenix Marketcity (Pune), they create services rooted in deep customer focus and insight.
8. L&T Realty
L&T Realty is one of the reputed and most trusted real estate companies in India which got established in the year 2011. It is the realty arm of Larsen and Toubro and a trendsetter among real estate developers in India.
The company has an extensive portfolio of 70 mn sqft across residential, commercial, and retail developments in major tier-1 cities such as Mumbai, Navi Mumbai, NCR, Bengaluru, Hyderabad, and Chennai.
L&T Realty has devoted itself to developing landmarks of excellence and providing customer satisfaction to its core with its creative and innovative operations. Led by Mr. Shrikant Joshi, CEO & MD, this real estate company has built a reputation for standing by its promises and embracing the power of digitization and new technologies into its core strategy for growth.
9. Brigade Enterprises
- Registered Office: Bengaluru, India
- Chairman & Managing Director: M R Jaishankar
- Executive Director: Nirupa Shankar
- Founded: 1986
Brigade Enterprises Ltd deals in Real Estate, Lease Rental, and Hospitality. Its projects are located in Bengaluru, Chennai, Kochi, Thiruvananthapuram, Hyderabad, Mysuru, Ahmedabad, etc.
Having over 3,000 employees, its core values are Fairness, Innovation, and Trust to be Responsible and Social. In 2007, the public listing of the company’s shares was done due to an IPO of Rs. 650 crores.
10. SOBHA Homes
- Registered Office: Bengaluru, India
- Chairman: Ravi PNC Menon
- Vice-Chairman & Mng.Director: J C Sharma
- Founded: 1995
SOBHA constructs world-class real estate developments which include presidential apartments, villas, row houses, luxury, and super luxury apartments, plotted development, and aspirational homes.
The BrandXReport 2018-19 identified SOBHA as the Top Brand in Affordable Homes for its compact luxury sub-brand SOBHA Dream Collection.Right from ideation to completion, the company believes in doing everything in-house.
11. Prestige Estates
- Registered Office: Bengaluru, India
- Chairman & Managing Director: Irfan Razack
- Joint Managing Director: Rezwan Razack
- Founded: 1986
Prestige Estates Projects creates structural marvels, it is building one of India’s largest hotels and convention centers in New Delhi. Having a legacy of over 30 years, they own an overall portfolio of 330 projects to date.
Present in 12 major Indian cities and bagging 300+ awards, they aim to continuously exceed the expectations of the customers and employees. As a part of the CSR initiative, the company supported 2.2 million meals during the pandemic.
12. Dilip Buildcon
- Registered Office: Madhya Pradesh, India
- Chairman & Managing Director: Dilip Suryavanshi
- Whole Time Director: Seema Suryavanshi
- Founded: 1987
Dilip Buildcon has a presence across India in 17 states accounting for more than 80% of the landmass of the country. They are the largest employer in the construction industry segment with 38,569 employees.
Building approximately 16% of all the National Highways in the country, it is India’s largest Road construction Company. DBL has been awarded the National Highway Excellence Award for two consecutive years 2018 and 2019 for Excellence in Project (PPP) Management.
13. Omaxe
- Registered Office: Gurgaon, India
- Chairman & Managing Director: Rohtas Goel
- WholeTime Director & CEO: Mohit Goel
- Founded: 1989
Present across 27 cities in 8 states in India, Omaxe Limited is building projects like NRI City, Integrated Township, and The Forest in Noida. In 2019, with the launch of its Omaxe Chowk project in Delhi, the company set yet another trend in commercial redevelopment projects where a new age & modern, healthy, and clean organized retail space will be built in an existing marketplace of Chandni Chowk, the largest wholesale and retail destination in Asia.
Their product portfolio includes Integrated and hi-tech townships, Group Housing, and Commercial spaces.
14. Sunteck Realty
- Registered Office: Mumbai, India
- Chairman & Managing Director: Kamal Khetan
- Executive Director: Atul Poopal
- Founded: 1981
Sunteck Realty Ltd operates under 5 sub-brands which are as follows:
- Signature: Ultra-luxury residences aimed at high-net-worth individuals
- Signia: Premium and mid-level residences in select suburban micro-markets
- SunteckCity: Large formats and mixed-use developments
- Sunteck: Commercial developments
- Sunteck World: Aspirational luxury residences in select suburban markets.
15. Mahindra Lifespaces
- Registered Office: Mumbai, India
- Chairman: Arun Nanda
- Director: Bharat Shah
- Founded: 1994
Mahindra Lifespaces has a solid foundation focused on the Mahindra Group’s core values of professionalism, good corporate governance, customer focus, quality, and accountability.
Their Credo of ‘Sell genuinely, build responsibly, deliver on time’ is rooted in the way they do things and mirrored in their acts. Their residential projects include Luminaire, Roots, Vivante, Happinest Boisar, Bloomdale, Centralis, etc.
16. Kolte-Patil
- Registered Office: Pune, India
- Chairman & Managing Director: Rajesh Patil
- Vice-Chairman: Naresh Patil
- Founded: 1991
Kolte-Patil is driven by a culture of excellence: construction efficiency, sales, and customer relationship management and an overarching commitment to governance.
It has been awarded the Most Trusted Real Estate Brand by Times Network Marketing Excellence Awards in 2018. In 2015-16, the Company entered into an Rs. 120 crore agreement with a J.P. Morgan Asset Management affiliate for the Jay-Vijay Society redevelopment project in Vile Parle (E), Mumbai.
17. Ahluwalia Contracts
- Registered Office: New Delhi, India
- Chairman & Managing Director: Bikramjit Ahluwalia
- Deputy Managing Director: Shobhit Uppal
With specialized experience in the Construction Industry for more than 40 years, Ahluwalia Contracts are impacting thousands of lives every day – at construction sites, offices, and retail spaces. Some iconic Hospital Projects made by the company are OPD Block at AIIMS Campus, New Delhi, and BPS Govt.
Medical College & Hospital for Women, Sonipat. Similarly, they have built hotels like Leela Palace, New Delhi ITC Grand Central, Mumbai, and Grand Hyatt, New Delhi.
FAQs on Real Estate Companies in India
Q1) Which are the top real estate companies in India?
Mangal Prabhat Lodha, founder of Lodha Group (Macrotech Developers) ranked 1st on GROHE Hurun India Real Estate Rich List. He has a net worth of Rs. 31,960 Crores.
Rajiv Singh from DLF stood 2nd with a Net Worth of Rs. 25,080 crores.
Q2) Which is the biggest real estate company in India?
Among the list, DLF is the best builder in India. With the number of projects in Gurugram, Delhi, Noida, Faridabad Corridor, and Mumbai, they developed major projects in India.
Final Thoughts on Biggest Real Estate Companies in India
So, I hope you find this list of top real estate companies helpful. The list above-mentioned is not in the order of best to worse or vice versa. All the realty companies listed here are industry thought leaders in their sector where some companies were formed in the 19th century whereas some have the largest amount of land.
All in all, all these companies are the best in their profession, and you can trust all these companies as they have devoted themselves to bringing customers delight.
FAQs
Who is the No 1 real estate company in India? ›
The mentioned real estate firms in India are DLF. With holdings across 15 states and 24 cities, DLF is now the largest publicly traded real estate business in India.
What are the top real estate trends in 2023? ›The current real estate trends going into 2023 are all about the market slowing down and approaching something normal. Year-over-year home values are still rising, and 2023 will be a year of pretty slow growth. Home inventory is still low, but the data indicates that it'll continue to grow throughout 2023.
What is the real estate issue for 2023? ›Most experts do not expect a housing market crash in 2023 since many homeowners have built up significant equity in their homes. The issue is primarily an affordability crisis. High interest rates and inflated home values have made purchasing a home challenging for first-time homebuyers.
What is the most successful real estate company? ›| Rank | Profile | Type |
|---|---|---|
| 1. | China Evergrande Group | Real Estate Company |
| 2. | Sunac China | Real Estate Company |
| 3. | Tishman Speyer | Real Estate Company |
| 4. | Hines Group | Real Estate Company |
2023 is a balanced year for housing supply and demand. This is ideal for retail purchasers and rental property investors. No longer a “seller's” market. Rising interest rates raise the monthly mortgage payment, which reduces homebuyers and lowers property values.
What will happen to property prices in 2023? ›Zoopla said it expects house price falls of up to 5% in 2023. Property consultancy company JLL has forecast house prices in the UK will drop by 6% in 2023. While housing expert and buying agent Henry Pryor says he expects house prices to slip slowly through the year ending 2023 down by around 10%.
Will 2023 be a good year to buy a house? ›Redfin deputy chief economist Taylor Marr expects about 16% fewer existing home sales in 2023 vs 2022. Marr believes potential buyers are still grappling with affordability, high mortgage rates, high home prices, inflation, and a potential recession. “People will only move if they need to,” Marr says.
Will home prices drop in 2023 in India? ›While in Mumbai the average affordability may remain the same in 2023 as in 2022, in Delhi-NCR it may drop another 3.2 per cent. In Bengaluru, affordability has fallen by over 9 per cent in 2022 and is estimated to slide further in 2023, says JLL.
Will home prices drop in 2023 in usa? ›Some regional markets are projected to see home price declines. In their latest forecast released in February 2023, they now predict that home values will fall in 326 of the nation's 895 regional housing markets between January 2023 and January 2024.
What will happen to the property market in 2024? ›What is the prediction for London house prices? We expect prices in the UK to fall by 5% next year and in 2024. This represents a total decline of almost 10% and takes house prices back to the same level as last summer. Prices in the capital will be under more pressure next year due to higher loan-to-income ratios.
What is the best place to buy property in India? ›
Which are the best places to buy a house in India? Panvel - Mumbai, Mahadevpura - Bangalore, Hebbal - Bangalore, Mira Road East - Mumbai, Andheri - Mumbai, Sector 60 - Noida, Saket - Delhi are a few best places to buy a house.
Which city has highest real estate in India? ›According to Mercer's 2022 Cost of Living survey, Mumbai is the most expensive city to live in India.
Who is the biggest property developer in India? ›| Rank | Name | Net Worth INR Crore |
|---|---|---|
| 1- | Mangal Prabhat Lodha & family | 44,270 |
| 2- | Rajiv Singh | 36,430 |
| 3↑ | Chandru Raheja & family | 26,260 |
| 4↓ | Jitendra Virwani | 23,220 |
eXp Realty is the fastest-growing real estate company in the world with more than 85,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece, New ...
Who is the richest realtor? ›1. Donald Bren. Donald Bren began his career as a typical real estate agent, making his first investment in a real estate company that purchased over 90,000 acres of land.
What type of real estate is the most profitable? ›Commercial real estate is known to yield higher returns than residential real estate. If you can afford to manage a commercial space, it can prove lucrative over time, depending on your area.
Which is safest broker in India? ›Zerodha is the top most stock broker among all the brokers in India since 2019. Zerodha is followed by Upstox, Angel One, ICICIdirect and Groww.
Who is real estate king in India? ›Real Estate Tycoon #1: Rajiv Singh
The richest real estate tycoon in India, entrepreneur and DLF chairman, Rajiv Singh has a net worth of INR 61,220 crore.
1. Antilia. Owned by Mukesh Ambani, the owner of Reliance Industries, Antilia is not just India's costliest house but also tops the list of the world's costliest houses.
Why buy real estate in 2023? ›Low-interest rates – Interest rates are at an all-time low, making it a great time to buy a real estate investment. Home prices are predicted to rise – According to experts, home prices are expected to rise in the next few years. This is due to the low-interest rates and the high demand for housing.
How to make money in real estate 2023? ›
The most popular way is to buy an investment property and slowly build up your portfolio. Generally, there are two primary ways to make money from real estate assets — appreciation, which is an increase in property value over a period of time, and rental income collected by renting out the property to tenants.
What is the best age to invest in property? ›The Ideal Age To Invest In A Real Estate
The ideal time to invest in real estate is when a person is between the ages of 30 and 35. As soon as you have saved 30-40% of your household budget and can afford to make regular EMI payments on the remaining balance, either on your own or with your spouse.
On the home stretch. House prices in Australia will have fallen by up to 20% by the end of 2024, and NSW Transport Minister David Elliott's spear-throwing days are over: he'll leave politics at the March election.
Will housing prices drop in 2024 USA? ›"We expect house prices to decline modestly, but the downside risks are elevated," write Freddie Mac economists. Mortgage Bankers Association: The trade group's latest forecast has U.S. home prices, as measured by the FHFA US House Price Index, falling 0.6% in 2023 and another 1.2% dip in 2024.
Will property prices fall in 2026? ›Knight Frank forecasted four per cent rental value growth in the UK in 2023, and again in 2024. This then falls to three per cent in 2025 and 2026. In Greater London, rental value growth is pegged at five per cent in 2023 and then three per cent every year between 2024 and 2026.
Will 2024 be a good time to buy a house? ›Given the current trend of a steady rise in housing prices and limited housing supply, the housing market in 2024 is likely to see modest growth, rather than any substantial increase or decrease.
What will mortgage be in 2023? ›Freddie Mac: Forecasts the average 30-year mortgage to start at 6.6% in Q1 2023 and end at 6.2% in Q4 2023. Realtor.com economist, Jiayi Xu: “Mortgage rates are likely to move in the 6% to 7% range over the next few weeks, which continues to pose a significant challenge to affordability.”
Will mortgages go down in 2023? ›Are mortgage rates expected to rise or fall during 2023? The consensus is that mortgage rates will gradually decline throughout the year, even if interest rates go up. Some predict that fixed rates could fall below 4 per cent by early 2024.
Is 2023 a good time to buy a house in India? ›Prediction On The Housing Market 2023
In addition, the market will expand in FY 23 thanks to a strong foundation, rising demand, and decreased home loan rates. According to several rating organisations, the yearly growth rate of Indian real estate is between 8 and 9%.
So, should you still buy a property in 2023? "In India, home prices stayed flat between 2015 and 2020," says Amit Goyal, CEO, India, Sotheby's International Realty. "In the last two years, the sector has clocked robust sales due to pent-up demand, stable prices, benign interest rates and government incentives...
What is the future of real estate in India 2023? ›
Hari Movva, Senior Vice President, SILA said “We are bullish on the scope of real estate in 2023 - we expect the momentum on the residential side to be steady in most markets, office providers to have a similar year, while Retail, Hospitality and Industrial Real Estate will continue having strong momentum.
Will the housing market crash in 2023 or 2024? ›What are experts and data saying about a crash in 2023. It doesn't look like a housing market crash is anticipated in 2023 in California. So far, market conditions for real estate in the state are good. According to the California Association of Realtors (CAR), home sales have declined 45.7% year to date in January.
Is it better to sell in 2023 or 2024? ›For most homeowners, now will be a better time to sell than later in 2023. That's especially true if you live in a market that saw rapid appreciation in recent years. Your real estate agent can help you understand pricing trends in your area, along with available inventory and demand.
Will costs go down in 2023? ›The stark divide is visible: The highest forecast in a Bloomberg survey of economists expects consumer price increases to remain at or above 5 percent by the end of 2023, while the lowest show them dropping to 1.5 percent. The Fed will receive more data on inflation this week.
How much will my property be worth in 5 years? ›How much will property prices rise in 5 years? Based on historical averages of 3.5% of home value growth per year, property prices will rise a total of about 18 to 20% in 5 years. The math is simple: 3.5% a year for 5 years, compounding annually.
Will house prices recover in 2024? ›House prices will fall by around 9% between the end of 2022 and September 2024, followed by a bounce back of 2.1% growth between 2025-26, according to analysis from the Office of Budget Responsibility (OBR) following last week's Autumn Statement.
What months are best to sell a house? ›Sellers can net thousands of dollars more if they sell during the peak months of May, June and July versus the two slowest months of the year, October and December, according to a 2022 report by ATTOM Data Solutions.
Which is the largest estate in India? ›Istana Nurul Imam Palace, Brunei
It is the world's largest private residence with a 2.15 million square feet area. It has 1788 rooms, 257 bathrooms, a banquet hall with a capacity of 5000 guests, and a mosque accommodating 1500 people.
With a net worth of over INR 52,000 crore, Mangal Prabhat Lodha is one of the richest real estate tycoons in India. He is second on GROHE Hurun India Real Estate Rich List 2021. He laid the foundation of the Lodha group and has since been supported by his family, now being known as Mangal Prabhat Lodha and family.
Who owns highest land in India? ›Who is the largest landowner in India after the government? the Catholic Church of India is the biggest landowner in India. It owns roughly around 20,000 crore to 50,000 crore rupees of land.
Where do billionaire live in India? ›
Mumbai is the financial capital of India and is also home to the maximum number of wealth creators of the country with over 280 of the richest Indians residing in the city that is also known as the 'City of Dreams'.
Which city in India has highest property prices? ›According to Mercer's 2022 Cost of Living survey, Mumbai is the most expensive city to live in India.
Which is the most richest area in India? ›Mumbai. Number of rich individuals: 283 | Being the financial hub of India, Mumbai is home to the maximum number of affluent people, as per IIFL Wealth Hurun India Rich List 2022. India's second-richest person — Mukesh Ambani and family are the richest in the city.