Over the last decade, India has become the hub for the real estate business and it is one of the top businesses in the country. Around 5-6% of the country’s GDP is occupied by the real estate. A great range of superior and wonderful construction projects has been generated at a faster pace in the country because of the top real estate companies in India.
All these projects are attracting lots of industries and a large population of people towards the real estate market. There are many real estate companies who construct buildings across India, but only a handful of them have the capability to make top-class office structures and residential properties. Below is the list of 10 best real estate companies in India in 2018.
10. Ansal Housing
Ansal Housing is one of the premier real estate developers in India who have developed construction projects of around 76 million square feet over the last three decades. They are running projects in more than 22 cities like Meerut, Alwar, Jammu, Karnal and much more. Presently, they are executing projects that cost more than RS. 6,400 Crore in the market. The company is owned by Deepak Ansal who is also Chairman of the company.
Some of the best projects developed by Ansal Housing are Aashiana (Lucknow), Ansal Heights (Mumbai), Neel Padm & Neel Padm I (Ghaziabad), Chiranjiv Vihar (Ghaziabad) and Golf Links I & II (Greater Noida). They have also won many prestigious awards such as The Brand Icon 2017, Indian Realty Award 2015, Jewels of India Award 2013, Best Residential Developer Award 2012 and much more.
Omaxe is one of the leading real estate companies in India that deserves to be a part of this list. The company is owned by Rohtas Goel, who is on the list of top 50 richest Indians with an amazing net worth of $1.20 billion. The company’s network has reached eight states of the country where they have constructed integrated townships, group housing, office spaces, hotels and shopping malls. However, the company undertakes major portion of their operations in Uttar Pradesh, Punjab and Haryana. Presently, the company is undertaking around 39 constructing projects that consists 10 commercial spaces, 13 group housing and 16 townships.
The company’s consolidated income in the financial year of 2014-15 was RS. 1431 Crore. Omaxe is headquartered in Gurgaon, Haryana, India. The company has won many awards such as 2015 Special Jury Award for Excellent Contribution to Real Estate, The Best Upcoming Mall in India award and much more.
8. Brigade Enterprises
Brigade Enterprises is one of the best property developers in India who primarily has business operations in the South India. Headquartered in Bangalore, the company’s major operations in cities like Chennai, Hyderabad, Coimbatore, Kochi, and Mysore. As of 2016, the market value of Brigade Enterprises is INR 1676.62 Crore and they have a premier partnership with Housing.com who offer online sale services for their projects.
Since its establishment, the company has completed more than 100 projects that span over an area of nearly 18,58,045 sqm. They have been awarded many prestigious certifications such as ISO 14001: 2004, ISO 9001: 200 Quality Assurance, CRISIL Rating PA2, 1995 and OHSAS 18001: 2007.
7. Indiabulls Real Estate
Indiabulls Real Estate was started by Sameer Gehlaut in 2005 when they started working on the projects of residential and commercial development in cities, such as Delhi, Bangalore, London and much more. Since then, they have entered the list of top 10 real estate companies in India with a net worth of INR 4,819 Crores and total gross development value of INR 33,668.
Presently, the company is working on 15 projects in India, whose total saleable area is more than 350 Lakhs sq. feet. One of the iconic landmarks constructed by the company is One Indiabulls Centre & Indiabulls Financial Centre in India that has commercial space of more than 3 million sq. ft. The company has an active listing on Mumbai Stock Exchange and Singapore Stock Exchange.
6. PNC Infratech Ltd.
PNC Infratech is one of the best Indian infrastructure and development companies, which was started in 1999. The company has a priceless experience in the execution of several main infrastructure projects including airport runways, highways, bridges, power transmission lines, bridges and other related infrastructure construction projects. Presently, they are running projects in 13 Indian states, such as Haryana, Delhi, Assam, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttarakhand, and Uttar Pradesh among others.
The company’s market value is INR 1936.25 Crores and they are certified with ISO 9001: 2008 for quality assurance from DNV. PNC Infratech’s major clients consist of RITES Ltd., Military Engineering Services, and National Highway Authority of India. The company completed the four-lane road project of between Agra and Gwailior on National Highway 3 in Uttar Pradesh before the completion time and they even got a bonus for this achievement from the NHAI.
5. Godrej Properties
Godrej Properties is one of the best real estate companies in India with its headquarters in Mumbai, Maharashtra. The company was started on 1 January 1990 by Adi Godrej and now its network reached to some top cities of India including Mumbai, Kolkata, Gurgaon, Ahmedabad, Chandigarh, Hyderabad, Chennai, Bengaluru, and Pune. In the last five years, the company has won more than 150 awards such as Most Reliable Builder for 2014 (CNBC AWAAZ Real Estate Awards 2014), Popular Choice-Developer of the Year Award (ET NOW 2013), Innovation Leader in Real Estate Award (NDTV Property Awards 2014) and Real Estate Company of the Year (Construction Week India Awards 2015).
The company’s total assets in 2016 were INR 1,701 Crore and they are presently working on residential, commercial and township projects that spread over an area of 11.89 million square meters.
HDIL is a Mumbai based real estate company which is primarily engaged in the construction of the residential projects. Since its foundation in 2017, the company has completed projects of more than 100 million sq. feet in the real estate section. The company’s total market value is INR 3033.59 Crores and they are one of the best real estate companies India ever had.
The majority of the company’s residential projects consist of apartments and towers. Along with that, they have also built office spaces and multiplex cinemas as a part of their commercial services.
3. Prestige Group
Started their operation with a single project in 1986, the company has now completed more than 200 projects covering an area of 77.22 million square feet. As of the financial year 2015-16, the company’s total turnover was around INR 3518 Crore. Some of the well-known projects completed by the company are Prestige Ozone, Forum Value Mall, Prestige Golfshire, Prestige Lakeside Habitat, and The Collection, UB City.
In 2016, the company won numerous awards that consist of Premium Villa Project of the Year for building Prestige Summer Fields and Certificate of Excellence Award for the Prestige Estates Projects Ltd.
2. Oberoi Realty
Oberoi Realty is owned by the Vikas Oberoi who is one of the richest billionaires in India. The company was started in the early part of 1980 and get listed on Bombay Stock Exchange in 2010. Since its establishment, the company has completed around 39 projects that span over the area of 9.16 million square feet of spaces across the Mumbai city. The market value of the Oberoi Realty is INR 8000.12 Crores. The company is currently constructing Three Sixty West, which is the second tallest tower in India.
Some of the popular projects of the company are Oberoi Crest, Khar West; Oberoi Woods, JVLR Oberoi Sky City, Borivali East; Oberoi Parkview, Kandivali West, and Beachwood House, Juhu. In 2017, the company won following awards:
• Excellence in Township Development Award for Oberoi Garden City
• Entrepreneur of the Year India- Vikas Oberoi
• Customer Excellence Felicatation Award
1. DLF Limited
Over the last decade, the DLF Limited has dominated the Indian real estate market with a network in 15 states across the country. The company has developed around 22 major colonies in Delhi such as Krishna Nagar, South Extension, Kailash Colony, Hauz Khas, Rajouri Garden and Shivaji Park. As of 2016, the net income of DLF Limited was INR 5.13 billion, whereas the company’s market capital is INR 20334. 15 Crores and known as one of the recognized real estate companies across the Indian continent.
The majority of IT and International corporate companies including Citibank, Bank of America, Infosys, Symantec, Microsoft, GE, IBM, and Hewitt preferred DLF. Following awards are won by the company in 2017 are:
• Best Food & Nightlife Development Award (DLF CyberHub) by Times Food Awards
• Luxury Project of the Year (Queen’s Court) and Residential Property of the Year Award (DLF Promenade) by ABP News
• Mall of the Year (DLF Mall of India) by Franchise India Group
Above is the list of top 10 real estate companies in 2018 that have changed the landscape of India. They have changed the image of country by building incredible residential and commercial properties all over the country.