As the second-largest employer after agriculture, the real estate sector in India is growing at a rapid pace. Over the past few decades, the number of real estate companies in India has been increasing significantly—courtesy of the increasing opportunities and immense growth potential the sector beholds.
Amid the number of investment options available today in the market, real estate is swiftly emerging as one of the best bets. However, as the prices in real estate are soaring, you must thoroughly know about the developer or the company before investing your hard-earned money. To help you out with this, we have enlisted the top 10 real estate companies in India that are distinguished in the market for their pristine services.
1. DLF
| Establishment Year: 1946 |
| Headquarters: New Delhi |
| Areas of Expertise: Malls, IT Parks, Gated Communities |
| Popular Projects: Kings Court, DLF Cyber City, DLF Emporio |
| Average Cost: INR 20-30 Crore (Approx.) |
Delhi Land & Finance (DLF) is a commercial real estate company founded by Chaudhary Raghvendra Singh. It is the first ISO-certified real estate company in India. The company is highly regarded for its work in the construction of malls, IT parks, and gated communities. Besides the real estate business, DLF gained popularity as the title sponsor for the first 5 years of the Indian Premier League (IPL)—one of the most popular cricket leagues in the world.
2. Godrej Properties
| Establishment Year: 1990 |
| Headquarters: Mumbai |
| Areas of Expertise: Commercial and residential properties |
| Popular Projects: Planet Godrej, Godrej BKC, CII-Sohrabji Godrej Green Business Centre |
| Average cost: INR 7-10 Crore (Approx.) |
A subsidiary of Godrej Industries ltd., Godrej Properties is one of the most trusted real estate companies in India. The company has successfully completed several commercial and residential projects in metro cities such as Mumbai, Delhi, etc. It is committed to bringing the Godrej philosophies of innovation, sustainability, and excellence to the real estate industry.
3. Hiranandani
| Establishment Year: 1978 |
| Headquarters: Mumbai |
| Areas of Expertise: Housing Projects, Business Constructions |
| Popular Projects: Hiranandani Gardens, Lake Enclave, Rodas Enclave |
| Average cost: INR 2-4 Crore (Approx.) |
Hiranandani is one of the top real estate companies in India. Established by Niranjan Hiranandani and Surendra Hiranandani in 1978, it is one of the first companies to inculcate concepts like rainwater harvesting and sewage water recycling in its construction projects. The company’s primary focus is housing projects, however, it is also venturing into hospitals, hotels, schools, and business constructions.
4. L&T Construction
| Establishment Year: 1938 |
| Headquarters: Chennai |
| Areas of Expertise: Commercial and Retail Projects, Business Parks, Transit-Oriented Developments |
| Popular Projects: Mumbai International Airport, Statue of Unity, Riyadh Metro |
| Average cost: INR 2-4 Crore (Approx.) |
L&T Construction is a subsidiary of the renowned L&T Group, a leading technology, financial, construction, and manufacturing company. It is a multi-national company with a widespread presence in over 30 countries around the world. The company has completed numerous successful projects and is recognized for its highest quality construction work.
5. India Bulls Real Estate
| Establishment Year: 1999 |
| Headquarters: Gurgaon |
| Areas of Expertise: Commercial and Retail Projects, Business Parks, Transit-Oriented Developments |
| Popular Projects: Centrum Park, Indiabulls Sky, Indiabulls Golf City |
| Average cost: INR 7-15 Crore (Approx.) |
Established by Sameer Gehlaut in 1999, India Bulls Real Estate is a leading real estate company in India. It was originally founded as wealth management, financial service, and real estate company; the real estate division was started in 2005. Over the years, the company has gained ground for its residential gated networks, modest costs, and impeccable development services.
6. Sobha Limited
| Establishment Year: 1995 |
| Headquarters: Bangalore |
| Areas of Expertise: Residential Properties, Contractual Properties |
| Popular Projects: SOBHA Wind, SOBHA Sapphire, Harishree Gardens. |
| Average cost: INR 2-4 Crore (Approx.) |
Sobha Limited is a Bangalore-based real estate company that primarily focuses on the construction and development of residential properties across India. The company has successfully completed many projects in cities like Bangalore and Pune. It has two divisions namely SOBHA Contracting and SOBHA Manufacturing which work in different niches.
7. Omaxe
| Establishment Year: 1989 |
| Headquarters: New Delhi |
| Areas of Expertise: Construction of Hotels, Villas, Apartments, etc. |
| Popular Projects: Omaxe City, The Forest Spa Noida, Grand Omaxe |
| Average cost: INR 30 Lakh- 2 Crore (Approx.) |
A brainchild of Rohtas Goel, Omaxe Ltd. is one of the top real estate companies in India with a robust presence throughout the country. The company prominently specializes in the construction of hotels, villas, apartments, offices, etc. The company has been bestowed with several awards and recognitions and was the first in North India to receive an ISO certification.
8. Oberoi Realty
| Establishment Year: 1980 |
| Headquarters: Mumbai |
| Areas of Expertise: Construction of Offices, Hotels, Golf Courses, Shopping Malls, etc. |
| Popular Projects: Prisma by Oberoi Realty, Oberoi Sky City |
| Average cost: INR 3-6 Crore (Approx.) |
Oberoi Realty is amongst the leading real estate companies in Mumbai and across India. With innovation in its offerings, alongside contemporary architecture, quality construction, and strong project execution, the company has established itself as a notable brand. It has developed over 42 projects at strategic locations across the Mumbai skylines and has expansive plans for the future.
9. Prestige Estate
| Establishment Year: 1986 |
| Headquarters: Bangalore |
| Areas of Expertise: Construction and Leasing of Commercial Properties |
| Popular Projects: Prestige Shantinikethan, Oakwood Premier Prestige, Forum Mall |
| Average cost: INR 1-4 Crore (Approx) |
Based in Bangalore, Prestige Estate has its footprint across many other metropolitan cities in the country. The company is known for its consistent market capitalization as well as for prioritizing customer satisfaction over profit margins. It has successfully completed over 200 projects since its inception and is currently working on around 53 ongoing projects.
10. Unitech Group
| Establishment Year: 1971 |
| Headquarters: Gurgaon |
| Areas of Expertise: Construction of Commercial Complexes, IT Parks, Hotels, Schools, Amusement Parks, etc. |
| Popular Projects: Nirvana Country 2, Karma Lakelands, The Great India Place |
| Average cost: INR 5-15 Crore (Approx.) |
Unitech Group is one of India’s largest real estate investment groups. Started as a consultancy firm for soil and foundation engineering, it has grown on to provide one of the most diversified product mix in real estate. The company specializes in the construction of the highest-quality commercial complexes, IT parks, SEZs, schools, hotels, amusement parks, golf courses, etc. Presently, Unitech Group has 4.5 million sq. ft. of retail space under construction in metropolitan cities across India. Some of its notable recent projects include Garden Galleria in Bangalore, Mohali, and Noida; Great India Place in Dehradun and Bhopal; and Downtown in Mohali.
Our verdict
This concludes our list of premier real estate companies in India. Although the pandemic has halted many aspects within the industry, there are still enough investment opportunities in the real estate sector if you choose diligently and proactively. We hope this blog gives you the necessary insights and guides you towards investing in the right company!
Be careful while investing in any property!
Note: Please note that the above-mentioned price may vary with time.
Writer: Utkarsh Deshpande
Also Read: Meet The Top 10 Business Tycoons of Asia
