Introduction
With rising cities and a boom in residential and commercial property demands, the Indian real estate market has been on the rise. But how do you know which companies are suited to meet your needs so you may approach the right companies? Finding the top 10 real estate companies in india may assist you in making well-informed choices, regardless of whether you want to invest, buy, or just keep up with the market.
List of top 10 Real Estate companies in India
Rankawat Group
Overview: Rankawat Group is based in Jaipur as top real estate company. Established in 2020 with a vision to become the most trusted company. The company focuses on premium developments and diversifies into residential, commercial, bringing innovation and sustainability.
Founder: Mr. Mukesh Rankawat
Key Projects: The key projects include Shanti Farms, Park Nimeda, Siwar City, Nirwana villas, SHAYAM VATIKA PHASE 3.
Market Position: Rankawat Group is known for its remarkable designs and extraordinary construction quality. Consistently ranked amongst top real estate developers. Rankawat Group offers ultraluxurious and premium amenities.
DLF Limited
Overview: DLF Limited is one of the biggest Indian real estate developers with over 70 years of experience. DLF was founded in 1946 and has been involved in developing residential, commercial, and retail properties across India.
Founder: Chaudhary Raghvendra Singh
Key Projects: Some of the key projects of DLF include DLF Cyber City in Gurgaon, DLF Emporio, and DLF Mall of India. Their residential projects like DLF Crest and DLF Camellias come under the Cherry-picked category.
Market Position: DLF remains a market leader, known for its quality construction, innovative designs, and timely delivery of projects.
Godrej Properties
Overview: Godrej Group is rebranded as Godrej Properties. This firm was incorporated in the year 1990 and it believes in designing innovation, sustainable environmental ideas, and excellence in real estate.
Founder: Adi Burjorji Godrej
Key Projects: Godrej Garden City in Ahmedabad, Godrej BKC in Mumbai, and Godrej Golf Links in Greater Noida are the key projects of Godrej Properties.
Market Position: Godrej Properties has made a mark with its promise of new design and technology; it is one of the top real estate companies in India.
Oberoi Realty
Overview: Oberoi Realty is a leading real estate developer in Mumbai. The company was founded in the year 1998, and its core business is premium development in the residential, office space, retail, hospitality, and social infrastructure.
Founder: Rai Bahadur Mohan Singh Oberoi
Key Projects: Oberoi Garden City, Oberoi Mall, and Oberoi Sky City are some of their key projects.
Market Position: Oberoi Realty is leading developers of luxury housing properties that are part of premium living spaces with luxurious amenities.
Prestige Group
Overview: Prestige Group was established in the year 1986. It become one of the most successful real estate development companies in South India over time, particularly Bangalore. They deliver services in retail, commercial, residential, leisure, and hospitality sectors.
Founder: Razack Sattar
Key Projects: Some of Prestige Group’s key projects include Prestige Shantiniketan, Prestige Lakeside Habitat, and Prestige Golfshire.
Market Position: Prestige Group acquired a very solid reputation in the southern real estate market due to their quality of construction and delivered within the timeline.
Sobha Limited
Overview: Sobha Limited established in 1995. Company-based at Bangalore, Sobha Limited is engaged in real estate development and focuses on high range residential as well as commercial projects.
Founder: Puthan Naduvakkatt Chenthamaraksha Menon
Key Projects: Sobha Limited has some of the key projects like Sobha City, Sobha Dream Acres, and Sobha Indraprastha.
Market Position: Sobha Limited has a positive market positioning due to practicing backward integration that ensures uncompromising quality and timely delivery of projects.
Brigade Enterprises
Overview: Brigade Enterprises a major player in the South Indian real estate market, was founded in 1986. The company has completed several residential, commercial, as well as hospitality projects.
Founder: M.R. Jaishankar
Key Projects: Some of Brigade Enterprises’ key developments are Brigade Gateway, Brigade Exotica and Brigade Orchards.
Market Position: Brigade Enterprises is known for its innovative and sustainable in their designs, making it a preferred choice among homebuyers.
Lodha Group
Overview: Lodha Group founded in the year 1980, is one of the top Indian real estate developers and have a dominating project presence in Mumbai and Pune.
Founder: Mangal Prabhat Lodha
Key Projects: Some of the key projects of Lodha Group are The World Towers, Palava City, Lodha Altamount.
Market Position: Lodha Group is synonymous with luxury and premium real estate, with a strong reputation for delivering high-quality projects.
Indiabulls Real Estate
Overview: Indiabulls Real Estate is a part of the Indiabulls Group. Since its founding in 2005, it has grown quickly to rank among India’s top real estate companies.
Founder: Sameer Gehlaut
Key Projects: Some of the significant projects are Indiabulls Sky, Indiabulls Greens, and One Indiabulls Centre.
Market Position: Indiabulls Real Estate is one of the largest and prominent high-rise residential and commercial developers in the country, placing its footing in the market.
Piramal Realty
Overview: Piramal Realty is established in 2012, is a relatively new player in the Indian real estate scene but has quickly gained recognition for its top-notch construction and design.
Founder: Ajay Piramal
Key Projects: Some of the key projects by Piramal Realty include Piramal Aranya, Piramal Mahalaxmi, and Piramal Vaikunth.
Market Position: Piramal Realty focuses on creating iconic structures with a strong emphasis on quality and customer satisfaction.
Mahindra Lifespace Developers
Overview: Mahindra Lifespace Developers was established in the year 1994 and is part of the Mahindra Group. The company is involved in offering eco-friendly and sustainable projects.
CEO: Amit Kumar Sinha
Key Projects: Some of their notable projects include Mahindra World City, Mahindra Happinest, and Mahindra Ashvita.
Market Position: The company’s commitment to sustainability and green building practices has earned a well position in the Indian real estate sector.
Factors Contributing to Success
Quality of Construction: The top real estate companies in India are mainly focused on quality construction with superior class of materials and strict building standards..
Innovative Designs: Successful real estate companies are known for their innovative and functional designs that cater to modern lifestyles.
Strategic Locations: Identifying and developing properties in prime locations is a key strength of these companies.
Customer Satisfaction: Ensuring customer satisfaction through transparency, timely delivery, and excellent after-sales service are the crucial contributors to the success of these companies.
Conclusion
Whether you are investing in real estate or purchasing a home, selecting the best real estate business is essential. The top companies on the above list have a track record of satisfying clients’ needs and expectations by completing projects of the highest quality. These businesses have revolutionized the market by prioritizing innovative design, strategic locations, high-quality construction, and satisfied customers.
FAQ’s
When choosing a real estate company in India, it is necessary to consider their track record, quality of construction, transparency, customer reviews, and the location of their projects.
Risks related with investing in real estate in India includes market fluctuations, delays in project completion, legal issues, and potential liquidity challenges. It is crucial to conduct thorough research and due diligence.
Yes, non-resident Indians (NRIs) and persons of Indian origin (PIOs) can invest in Indian real estate, subject to certain regulations and guidelines by the Reserve Bank of India (RBI).