Real estate is one of the top businesses of the country. The housing sector occupies about 5-6% of the country’s GDP. This business has a been increasing rapidly over the decades and also plays a major role in the country’s economy. Given below are the top 10 best real estate companies in India 2018.
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10. BRIGADE ENTERPRISES.
This company was founded in the year 1986 by M. R. Jaishankar. It is one of the major real estate groups in South India. It is a subsidiary of the Brigade Group. With its head office located in Bangalore, the company has its holdings in places like Mysore, Mangalore, Coimbatore, Chennai, Hyderabad, Kochi and even Dubai. It has its ties with Housing.com an online portal. It has completed more than 100 projects which include areas like integrated enclaves, state of the art software and retail facilities, luxury apartments, SEZs, resorts, clubs, serviced residencies, schools and 5-star hotels. The company has also been awarded with residential, commercial and retail projects in Bangalore awards at CNBC AWAAZ Real estate Awards 2012. The market value is about INR 1676.62 cores.
9. PNC Infratech
PNC Infratech was founded in the year 1999 and is known for its various developmental projects like construction of bridges, airport runways, highways, flyovers, bridges, power transmission lines. The company has established itself in Rajasthan, Haryana, Uttar Pradesh, Delhi, Bihar, Madhya Pradesh, Karnataka and Tamil Nadu.The company aims at being one among the top five real estate companies of the country and are currently focusing on fields like Highways & Bridges, Airport Pavements, Rail Freight Corridors, Power Transmission..The company’s market value is INR 1936.25 crores and is considered to be one of the most reliable and popular real estate companies in the world 2018.
With its head office located in New Delhi this company has established itself across 27 cities of the country. Their projects include I Group Housing, Shopping malls, Integrated Townships, Hotel projects. Omaxe has a land bank of nearly 4000 acres and with an income of over 1400 crore rupees on their balance sheet. The company was founded on March 8 in 1989. The company is located in Uttar Pradesh, Madhya Pradesh, Punjab, Haryana, Uttarakhand, and Rajasthan. Featuring at the 8th position in this list of the Best and richest real estate companies in India, their market value is INR 2438.98 crores.
7. Indiabulls Real
Indiabulls was founded in 1999 by Sameer Gehlaut. The company’s head office is located Gurgaon and corporate office in Mumbai. Indiabulls Housing Limited, Indiabulls Ventures Limited and Indiabulls Real Estate Limited are few of its companies. The Indiabulls Real was started in the year 2005 to work on projects related to residential and commercial development across major cities in India and London. The company is situated in Mumbai, Delhi and Chennai. It has two built 2 iconic towers in Mumbai. The company is listed on the Bombay Stock Exchange and Singapore Stock Exchange and has a market value of INR 2613.10 crores and is widely recognized as one of the best real estate companies in India 2018.
This company was previously known as Sobha Developers, has its headquarters in Bangalore. The company is known its construction, development and sale of several real estate projects. It undertakes residential areas and housing projects and also related to commercial premises. The company is located in Bangalore, Chennai, Thissur, Coimbatore,Cochin and Calicut also in Dubai and Oman. It is known for its CSR activities and runs the Sri Kurumba Educational and Charitable Trust. The market value is INR 2977.71 crores.
HDIL is known for its Slum Rehabilitation and Development and Land Development projects. It’s a Mumbai based office and was founded in the year 1996. Their residential projects include apartments and towers. And also undertake township projects, office spaces, multiplex cinemas, shopping malls. The company’s model is build and sell. Their current areas of concentration is Mumbai Metropolitan region and cities like Kochi and Hyderabad .Their market value is INR 3033.59 crores It is one amongst the top 10 best real estate companies in India 2018.
4. Godrej Properties
The Godrej Properties was founded as Sea Breezw Constructions and Investments Private Limited in the year 1985. Its headquarters is located Mumbai. The company is listed in BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) and also has the ISO certification in India. The company is located across Bangalore, Chandigarh, Ahmadabad, Nagpur, Pune, Kochi, Chennai, Hyderabad, Gurgaon, Kolkata, Mangalore and Mumbai. The Chairman is Adi B. Godrej and the market value is INR 6164.96 crores
3. Prestige Estates
This company is a subsidiary of Prestige Group and is the leading developers in South India in areas Commercial, Hospitality, Residential and Retail sectors. It is based in Bangalore and its corporate office is in The Falcon House. The main projects undertaken by this company are UB City, Prestige Acropolis, The Forum, The Forum Value, Prestige Golfshire etc. It is the only company in India to receive a Crisal DA1 Developer Rating .The market value of the company is INR 7421.25 crores and thus features at the 3rd position in the list.
2. Oberoi Realty
This Mumbai based company has completed over 38 projects across Mumbai. The company is led by Vikas Oberoi and has been listed on the Bombay Stock Exchange in 2010.The Oberoi Garden City and the Oasis tower is the major show-pieces of the developed by Oberoi Realty. It was started in 2006 and also promotes education and medical facilities. It has founded the Oberoi International School and the company’s market value is estimated to be about INR 8000.12 crores.
Delhi Land and Finance Limited (DLF) is the largest real estate company of the country. It was founded by Chaudhary Raghvendra Singh in 1946. It has established itself in 24 cities in India. Kushal Pal Singh is the key person of this company. The company is well known for IT and ITES which are the preferable destinations for like IBM, Bank of America, Microsoft, GE and others for setting up their offices. Its market capital is INR 20334.15 crores and is one of the most recognised Real Estate companies across the continent.
These were the top real estate companies of India 2018 and this piece of information will surely help us to know about these companies and the insight renders subtle ideas about their operations in the country.