Top Companies in the India Real Estate Industry

The India real estate market size reached US$ 280.4 Billion in 2023. Real estate refers to the property consisting of land, buildings, natural resources, and other permanent fixtures on that land. It can be both commercial and residential and can include a variety of different types of properties, such as houses, apartments, office buildings, retail spaces, industrial facilities, and more. On the other hand, real estate transactions involve buying, selling, leasing, and renting properties, and they can be complex and involve legal and financial considerations. In India, investments in the real estate sector are increasing as they offer a high return on investment (ROI) and tax benefits.

As per the analysis by IMARC Group, the top India real estate companies are investing in developing residential and commercial properties. They acquire land, obtain necessary approvals, and construct buildings across various industries. For instance, realty major DLF Limited has announced new projects worth INR 3,500 crore (USD 4.23 billion) in Gurugram and Panchkula to meet the rising consumer demand. Besides this, they are also engaging in property marketing activities. They are adopting marketing channels such as social media, print media, and online platforms to reach potential buyers or tenants. In addition, several market players are engaging in collaborations and partnerships, and are providing consulting services to strengthen their foothold in the market. By 2032, the market value is expected to reach US$ 562.0 Billion, exhibiting a growth rate (CAGR) of 8.03% during 2024-2032.

Learn about opportunities, challenges, and trends in the India Real Estate industry with IMARC’s market research report. Try a free sample today!

Top Companies Operating in the India Real Estate Market

1. Brigade Enterprises Limited

Establishment: 1986
Headquarters: Karnataka, India
Website: https://www.brigadegroup.com/

Brigade Enterprises Limited is one of the leading real estate development companies in India. The company has a diversified portfolio that includes residential, commercial, and hospitality projects including apartments, villas, townships, office spaces, retail spaces, hotels, resorts, and serviced apartments. Apart from real estate development, Brigade Enterprises is also involved in property management and services, facility management, and education. Moreover, it has won several awards for its projects. Presently, the company is committed to sustainable development and has received several certifications for its green building initiatives.

2. DLF Limited

Establishment: 1946
Headquarters: Haryana, India
Website: https://www.dlf.in/ 

DLF Limited is one of the largest real estate developers in India. It has a diversified portfolio that includes residential, commercial, and retail properties. The company has developed over 30 million square feet of commercial and retail properties across India, including shopping malls, office buildings, and hotels. DLF Limited is also involved in the development of infrastructure projects, such as highways, airports, and metro rail systems. In addition, it has undertaken several projects in partnership with the Indian government to develop world-class infrastructure in the country. Apart from real estate development, DLF Limited is also involved in property management and services, including facility management, hospitality, and education. 

3. Experion Developers Private Limited

Establishment: 2006
Headquarters: Haryana, India
Website: https://www.experion.co/

Experion Developers Private Limited is a real estate development company. It was established as a subsidiary of the real estate arm of the Escorts Group, and later became an independent company in 2013. It is primarily engaged in the development of residential projects, including apartments, villas, and townships. The company focuses on developing projects in strategic locations across India, with a strong emphasis on customer-centric design and sustainable development practices. Besides this, Experion has a diversified portfolio that includes affordable housing, mid-segment housing, and luxury projects. Apart from residential development, it is also involved in the development of commercial projects, including office spaces, retail spaces, and mixed-use developments. They have developed several commercial projects across India, including the Experion Business Park in Gurgaon.

4. Godrej Properties Limited (Godrej Industries Limited)

Establishment: 1990
Headquarters: Maharashtra, India
Website: https://www.godrejproperties.com/

Godrej Properties Limited was founded as a real estate development division of Godrej Industries Limited, one of India's oldest and most respected conglomerates. The company is known for its high-quality construction, innovative design, and customer-centric approach. Its portfolio includes projects in major cities like Mumbai, Bangalore, Pune, Kolkata, Chennai, Hyderabad, and Delhi-NCR. Besides this, Godrej Properties is also expanding its presence internationally, with projects in the United Kingdom, Singapore, and Dubai. In addition to real estate development, the company also provides property management services and has a strong presence in the commercial leasing segment. 
 

5. Jaypee Infratech Ltd. (Jaiprakash Associates Limited) 

Establishment: 2007
Headquarters: Uttar Pradesh, India 
Website: http://jaypeeinfratech.com/

Jaypee Infratech Ltd is a real estate and infrastructure development company, founded as a subsidiary of Jaypee Group, a well-established infrastructure and industrial conglomerate. Its portfolio includes projects in major cities like Noida, Agra, and Greater Noida. The company's flagship project is the Yamuna Expressway, a 165 km long six-lane expressway that connects Noida with Agra. 

6. Lodha Group

Establishment: 1980
Headquarters: Maharashtra, India 
Website: https://www.lodhagroup.in/ 
 
Lodha Group is one of the largest real estate developers in India, with a presence in Mumbai, Pune, Hyderabad, and London. It has developed several high-end residential and commercial projects, including luxury apartments, villas, townships, and office complexes. The company is known for its focus on design, quality, and customer satisfaction and is well known for building World One Tower, which is one of the tallest residential buildings in the world, and the Lodha Bellissimo, a luxury residential tower in Mumbai. In addition to real estate development, Lodha Group also has a strong presence in the property management and hospitality sectors.

7. Merlin Group 

Establishment: 1984
Headquarters: West Bengal, India
Website: https://www.merlinprojects.com/

Merlin Group is a real estate development company with a presence in Kolkata, Chennai, Ahmedabad, and Bhubaneswar. In addition to real estate development, the company also has a strong presence in the hospitality sector. It also operates several luxury hotels, including the Floatel Hotel, which is a unique floating hotel on the Hooghly River in Kolkata. Besides this, Merlin Group has a strong focus on sustainability and has adopted green building practices in all its projects. The company has received several certifications for its sustainable practices, including the Indian Green Building Council's (IGBC) Gold Certification for its Merlin Elements project in Kolkata.

8. Oberoi Realty Limited

Establishment: 1998
Headquarters: Maharashtra, India
Website: https://www.oberoirealty.com/
 
Oberoi Realty Limited one of the leading real estate developers in India. It is primarily engaged in the development of residential, commercial, retail, hospitality, and social infrastructure projects. The company has a diverse portfolio of projects, including luxury residential properties, office spaces, hotels, and shopping malls. Some of the notable projects developed by Oberoi Realty Limited include the Oberoi Mall in Mumbai, the Oberoi International School in Mumbai, and the Oberoi Sky City in Mumbai. While the company's operations are currently concentrated in India, Oberoi Realty Limited has expressed interest in expanding its global presence in the future.

9. PNC Infratech Limited

Establishment: 1999
Headquarters: Uttar Pradesh, India
Website: https://www.pncinfratech.com/

PNC Infratech Limited is an infrastructure construction, development, and management company. It is primarily engaged in the construction of highways, bridges, airport runways, and power transmission projects. The company has a diverse portfolio of projects, including the construction of national highways and state highways, airport runways, and power transmission projects. As of March 2021, PNC Infratech Limited had a total of 5,121 employees, including employees working in various functions such as engineering, procurement, construction, finance, human resources, and administration.

10. Prestige Estates Projects Limited

Establishment: 1986
Headquarters: Karnataka, India 
Website: https://www.prestigeconstructions.com/

Prestige Estates Projects Limited is a real estate development company primarily engaged in the development of residential, commercial, retail, and hospitality properties. The company has a diverse portfolio of projects, including luxury residential properties, office spaces, hotels, and shopping malls. As of September 2021, Prestige Estates Projects Limited had a presence in several key markets in India, including Bangalore, Chennai, Hyderabad, and Kochi. The company has also recently announced plans to expand its operations into international markets, including the United Kingdom, Australia, and the Middle East.

11. SOBHA Limited

Establishment: 1995
Headquarters: Karnataka, India 
Website: https://www.sobha.com/

SOBHA Limited is primarily engaged in the development of residential, commercial, retail, and hospitality properties, including luxury residential properties, office spaces, hotels, and shopping malls. The company's commitment to quality is reflected in its approach to construction. SOBHA Limited is the only real estate developer in India to receive the prestigious OHSAS 18001:2007 and ISO 14001:2004 certifications for its occupational health and safety management systems and environmental management systems. Some of the notable projects developed by SOBHA Limited include SOBHA City in Gurugram, SOBHA Hartland in Dubai, SOBHA Silicon Oasis in Bangalore, and SOBHA Dream Acres in Bangalore. As of September 2021, SOBHA Limited had a presence in several key markets in India, including Bangalore, Chennai, Coimbatore, Delhi NCR, Pune, Thrissur, and Kochi. The company has also recently announced plans to expand its operations into international markets, including the Middle East, Europe, and Africa.

12. Sunteck Realty Limited

Establishment: 1981
Headquarters: Maharashtra, India 
Website: https://www.sunteckindia.com/

Sunteck Realty Limited deals with the development of high-end residential and commercial properties in Mumbai and other key markets in India. The company's portfolio includes premium residential properties, office spaces, retail spaces, and hotels. Sunteck Realty Limited has a strong track record of delivering high-quality projects on time and within budget. In addition to its focus on quality, Sunteck Realty Limited is committed to sustainability and has implemented several green initiatives to reduce its environmental impact. The company has a strong pipeline of projects and is well-positioned to continue to be a leader in the Indian real estate market.

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