The growing urban middle class population in India has contributed to a huge boom in the Indian real estate market in the last decade. The Indian market is chock-a-bloc with many significant players who have been dominating the market since years. Some prominent ones are:
- DLF: The largest commercial player in the real estate sector, DLF has been into the business since the past 70 years. With its presence in 24 major cities of India, it has done well to bring a paradigm shift in the real estate sector with its huge projects including development of residential colonies in Delhi’s suburbs.
- Prestige Estates Projects Ltd.: One of the top real estate companies in Chennai, Prestige Estate Projects Ltd. was founded in the year 1986. It has completed 210 projects till now covering over 80 million Sq. Ft. And generated a revenue of over Rs. 6528 crore.
- Omaxe Limited: One of the leading and trusted real estate companies of India, Omaxe Limited was founded by Mr. Rohtas Goel in the year 1987. It is currently operating in 27 cities across 8 states. It boasts of a diversified product portfolio that includes Group housing, integrated townships, hi-tech townships, office spaces, hotels , shopping malls and SCOs.
- Supertech: Established 25 years back, Supertech is a well known player in the northern real estate market of India. It has started constructing “designer homes” for which it has joined hands with renowned designer Armani/Casa.
- Unitech: Another formidable player in the field, Unitech is one of the largest real estate companies of India. It was built by a group of technocrats in the year 1971. Its products include IT parks, SEZs, schools, hotels, golf courses, mall and the like. It has been building several luxury projects all over the country.
- Godrej Properties: Founded in the year 1990 by Adi Godrej and headquartered in Mumbai, Godrej Properties operates in all major cities of India like Bengaluru, Kolkatta, Pune, Hyderabad, Chandigarh etc. apart from Mumbai. Commercial complex, residential buildings and Townships are its major projects.
- Housing Development and Infrastructure Ltd. (HDIL): HDIL is conducts business in real estate industry with own or leased property. It undertakes projects ranging from residential, retail to slum rehabilitation.