The real estate agents sector in India has undergone a remarkable transformation in recent years, emerging as a key driver of economic growth and development in the country. With a rapidly expanding population and a growing demand for housing and commercial spaces, the Indian real estate market is poised for tremendous growth in the years to come.
From cutting-edge technology and innovative design solutions to sustainable building practices and smart city initiatives, the Indian real estate sector is at the forefront of global innovation, paving the way for a brighter, more prosperous future for India and its people. Whether you’re an investor, developer, or simply someone looking for a new home, the Indian real estate sector offers a wealth of exciting opportunities, just waiting to be explored.
The real estate sector in India has four sub-sectors –
- Residential
- Retail
- Hospitality, and
- Commercial
The growth of this sector is well complemented by the growth in the corporate environment and the demand for office space as well as urban and semi-urban accommodations. With that, let’s get to the top real estate developers in India.
Top 10 Builders In India
India is home to almost 245,000 capitalists, according to the latest report, and the number is assumed to touch 372,000 by 2023. With respect to the city, Mumbai is the most favored city of residence for real estate capitalists with the city being home to 35 of them. Next on the list is Delhi (22), followed by Bengaluru (21) and Pune which is home to 5 of the richest 100 realtors.
Here’s a list of the top 10 builders in India- 2023
1. Lodha Group, Mumbai
With a staggering 41 years of experience, we’ve completed an impressive 279 projects, boasting a net worth of a whopping 27,150 crore. Our portfolio is as diverse as it is extensive, encompassing everything from residential and commercial to retail and industrial park projects.
2. Sobha Limited, Bangalore
With over 27 years of experience, Sobha Limited has successfully completed 164 exceptional projects with a net worth of USD 27 billion. The Group’s portfolio boasts a stunning array of contractual and residential projects, including luxurious villas, elegant row houses, and opulent presidential apartments. The Group’s passion for creating exquisite living spaces is evident in every project we undertake, from plotted development to luxury and super luxury apartments.
3. Godrej Properties, Mumbai
With a legacy of 31 years of excellence, Godrej Properties has successfully delivered 143 exceptional projects that have stood the test of time. Our dedication to quality is reflected in our impressive net current asset value of Rs. 7831.60 crores. The group brings its passion and expertise to every project we undertake, delivering unparalleled results that exceed all expectations.
4. Mahindra Lifespace
With a wealth of experience spanning 27 years, Mahindra Lifespace has created a stunning portfolio of 106 residential development projects, with a total net worth of USD 20.7 billion. The groups passion for crafting exceptional living spaces is reflected in every detail, from exquisite design to unparalleled comfort and luxury.
5. Kalpataru Group
With an incredible 52 years of experience, Kalpataru Group has successfully delivered 142 exceptional projects, with a net worth of USD 1.24 billion. The Group’s portfolio features an impressive array of premium residential towers, gated communities, townships, and cutting-edge office spaces. Kalpataru Group’s passion for creating exceptional living and working spaces is evident in every project they undertake, delivering unparalleled comfort, luxury, and functionality.
6. Oberoi Realty, Mumbai
With a rich legacy of 41 years, Oberoi Realty has successfully completed 5 exceptional projects with a total net worth of Rs 10,980 crore. The Group’s diverse portfolio spans a wide range of project types, including luxurious residential spaces, cutting-edge commercial buildings, and stunning retail spaces. Oberoi Realty is also proud to have delivered social infrastructure and hospitality projects that have positively impacted communities.
7. Hiranandani, Mumbai
With an awe-inspiring 43 years of experience, Hiranandani Group has delivered exceptional projects with a net worth of Rs 7880 crore each. The Group’s portfolio is as diverse as it is impressive, encompassing everything from luxurious residential spaces to cutting-edge commercial buildings. Hiranandani Group is also proud to have created healthcare facilities, educational institutions, and hospitality projects that have transformed communitie
8. DLF Limited, New Delhi
With an incredible 75 years of experience, DLF Limited has an unrivaled reputation for excellence in delivering exceptional projects, with a net worth of Rs 17,690 crore. The Group’s portfolio features an impressive array of residential, commercial, and retail projects, each one carefully crafted to exceed the expectations of our clients. DLF Limited’s passion for creating exceptional living and working spaces is evident in every detail, from innovative design to unparalleled comfort and luxury.
9. Embassy Group, Bengaluru
With nearly three decades of experience, Embassy Group has a proven track record of delivering exceptional projects with a net worth of USD 2.2 billion. The Group’s diverse portfolio features a range of project types, including luxurious residential spaces, innovative retail concepts, and cutting-edge hospitality offerings. Embassy Group is also proud to have delivered educational institutions, industrial warehouse spaces, and a variety of services that have transformed communities.
10. Brigade Enterprises Ltd.
With over three decades of experience, Brigade Enterprises Ltd. is dedicated to delivering exceptional projects that are tailored to meet the unique needs of their clients. The Group’s net worth of INR 4,268 crore speaks to the success of their approach, which prioritizes innovation, creativity, and excellence in all that we do. Brigade’s portfolio features a diverse range of project types, including property development, property management services, hospitality, and education.
Top Builders In India: Top 10
| Builders’ Group | Experience (yrs) | Net Worth | Projects |
| Lodha Group, Mumbai | 41 | INR 27,150 crore | 279 projects, including, residential, commercial, retail, and industrial park |
| Sobha Limited, Bangalore | 27 | USD 27 billion | 164, including contractual and residential projects encompassing villas, row houses, plotted development, presidential apartments, luxury, and super luxury apartments |
| Godrej Properties, Mumbai | 31 | INR 7831 crores | 143 |
| Mahindra Lifespace | 27 | USD 20.7 billion | 106 residential development |
| Kalpataru Group | 52 | USD 1.24 billion | 142, including premium residential towers, gated communities, townships, and office spaces. |
| Oberoi Realty, Mumbai | 41 | INR 10,980 crore | Residential, commercial, retail, social infrastructure, and hospitality. |
| Hiranandani, Mumbai | 43 | INR 7,880 crore | Residential, commercial, health care, educational institution, and hospitality. |
| DLF Limited, New Delhi | 75 | INR 17,690 crore | Residential, commercial, and retail. |
| Embassy Group, Bengaluru | 28 | USD 2.2 billion | Residential projects, Retail, Hospitality, Services, Educational and Industrial Warehouse spaces |
| Brigade Enterprises Ltd. | 35 | INR 4,268 crore | Property development, property management services, hospitality, and education. |
Attractive Opportunities For Top Builders In India
The Indian real estate sector is poised for explosive growth, with a forecasted value of US $ 650 billion by 2025, representing a staggering 13% of the country’s GDP, according to a report by KPMG India titled “Indian Real Estate – Towards a Mature Ecosystem,” published in 2020.
This expansion is being driven by an increasing need for space in key sectors like education, healthcare, e-commerce, and logistics, as well as a surge in private investment. As transparency and returns improve, more and more investors are recognizing the tremendous potential of the Indian real estate market, and are eager to capitalize on the many opportunities available.
The Road Ahead
The growing flow of FDI in Indian real estate is encouraging increased transparency. Builders, to attract funding, have revamped their accounting and management systems to meet due diligence standards. Indian real estate is expected to attract a substantial amount of FDI in the next two years with a USD 8 billion capital infusion by FY22.
