In India, Real Estate is considered as the 2nd highest employment generator in the country after the agriculture sector. It includes housing retail, hospitality, and commercial. It is a well-recognized sector. This sector witnessed high growth in recent times.
In this article, we will cover the top 10 Real Estate companies In India contributing to the Real Estate sector.
Top 10 Real Estate Companies In India
Delhi Land and Finance is a commercial developer that deals in Real Estate in India. It was established in 1946. It is basically Delhi based company. It has developed various places of Delhi before the establishment of the Delhi Development Authority (DDA), which includes Shivaji Park Model Ton, Rajouri Garden, Hauz Khas, and many more such places in Delhi.
As DDA was established in Delhi so it prohibited the other infrastructure company to work in Delhi. As a result, DLF shifted to the region of Gurgaon. DLF ltd deals in residential, offices, and many more infrastructure works.
2.Godrej Properties Ltd.
Godrej Properties Ltd. Was established in 1990 by Adi Godrej, which is headquartered in Mumbai, Maharashtra, basically deals in Real estate. It is a subsidiary of Godrej Industries Ltd. Right now, it is operating in almost 13 major cities of India.
3.Oberoi Reality Ltd.
It was founded in 1980 and listed on the BSE and NSE in 2010. It is headquartered in Mumbai. ORL basically deals in offices, apartments, shopping malls, and hotels. Oberoi Garden is one of the best noticeable projects of this company, which was also awarded as the flagship company. This project was basically on a theme namely “City within a City”.
4.Phoenix Mills Ltd.
It was established in the year 1905. It was started as a textile manufacturing company.
After observing the infrastructure growth and potential of this sector in the country they entered the world of real estate. They entered this sector by a landmark project called High Street Phoenix. They basically deal in hospitality, entertainment, commercial projects.
5. Prestige Estate Projects Ltd.
It was established in 1986 by Razack Sattar. It is south-India based company that provides services in the southern region of the country. It has various subsidiaries which include Prestige Builders Pvt Ltd, Prestige Office Ventures, Pandora Projects Pvt Ltd. They basically deal in constructing and managing commercial and residential colonies. This company has marked approximately 192 projects to date.
6. NBCC(India) Ltd.
It was established in 1960, owned by the Indian Government, and run and managed by the Ministry of Housing and Urban Affairs. It is headquartered in Delhi.
They deal in Project Management Consultancy (PMC), Engineering Procurement and Construction (EPC), AND Real estate development. It holds 100 percent stakes in Hospital Services Consultancy Corporation Ltd (HSCC) which is itself a Mini Ratna.
7.Brigade Enterprises Ltd
It is headquartered in Banglore founded by M.R. Jaishekhar in 1980. It is a part of the Brigade Group. Brigade Enterprises already had named various national and international awards. It is one of the top 10 Real Estate companies in India.
They provide Property development, Property Management Services, Hospitality, and education services in the country.
8. Sunteck Realty Ltd
It is one of the fastest developing real estate companies in India. It is headquartered in Mumbai.
They basically deal management of commercial and residential properties. It has been also listed in Fortune next 500 companies for 4 consecutive years including 2017,2018,2019 2020.
9. Indiabulls Real Estate Ltd.
It was founded in the year 2006.It conglomerate company in India headquartered in Gurgaon. It is one of the leading real estate companies in the country. It has various subsidiaries such as Indiabulls Infrastructure, Indiabulls Infrastructure Ltd, Diana Buildwell Ltd, and many more. Recently in the year 2013 Indiabulls Real Estate Ltd. Purchased total stakes of FIM ltd. It mainly deals in the region of Mumbai.
10. Nirlon Limited
It was established in 1958. It is headquartered in Mumbai, Maharashtra. It was initially indulged in the textile industries. It was the leading manufacturer of the textile industry.
In 1999 they jumped into the Infrastructure sector by the name of a Real Estate company.