The Indian real estate market has huge potential to grow. There are many places that are yet to be fully developed and there are many real estate companies involved in the development work.
Here’re the top 10 real estate development firms credited for developing malls, shopping centers, upscale residential areas and the Smart Cities in India.
With presence in over 24 major cities including Delhi NCR, DLF tops the list of real estate companies in India. It has been in the construction business for over 70 years.But it is known for bringing a positive shift in the Indian retail sector – developing malls and retail space.
Unitech is associated with making luxurious projects across the length and breadth of the country. This company has diversified operation in the real estate industry but recently it got strict reprimand from the Supreme Court for failing deliver a high-end residential project Burgandy in the NCR.
Supertech has been ruling the real estate sector from 25 years with designer homes like “Supernova” designed by Armani/Casa. With a strong presence in the North India, this company has some big plans for expansion. But recently it drew flak from the Supreme Court that asked the National Building Construction Corporation to check whether the company has flouted rules to construction “Emerald Towers” in Noida and encroached upon green belt.
Omaxe surprised the real estate players with its striking presence in over 30 cities in a very short span of time. And its projects have been highly appreciated by industry experts. Now the company is aiming to build affordable homes in North India.
5. Oberoi Realty
Billionaire Vikas Oberoi led Oberoi Realty has a strong foothold in the entire Maharashtra. Like others, it is also focusing on making malls and retail space.
6. Ansal API
Ansal API started its operations in 1967 and it has been involved many commercial and retail projects in major states including UP, Haryana, Punjab, Rajasthan and Delhi NCR. Its next step is developing Smart Cities.
7. Jaypee Infratech
Jaypee Infratech is the real estate arm of Jaypee Group. This company is involved in making big ticket projects including townships in Noida and Greater Noida. But it recently reported huge losses due to delayed projects.
8. Godrej Properties
The company has been in business for 12 years and has been associated involved in development of residential as well as commercial township projects across the length and breadth of the country.
Founded in 1975, Puravankara was quick to make its presence felt in a short time. Starting its operations from Bangalore, it spread to the major cities of the country and then to international arena – UAE and Sri Lanka. It is an award winning developer – it earned awards under six categories in 10th Franchise Awards 2018.
10. Brigade Group
Founded in 1986, Brigade Group is one of the youngest real estate companies in India. Based in Bangalore, the company is associated with several high-profile projects in South India.