This list consists of the latest top 20 Real Estate Companies in India based on the market cap as on 2020. Any property consisting of land and the buildings thereon is termed as real estate. It can also contain any natural resources within the periphery of this land, like ponds, crops, etc. we can categorize real estate into four types – commercial, residential, industrial, and land.
Commercial – these are properties intended for business usage. They include office buildings, shops, hotels and hospitality units, and other types of structures that are used to conduct income-generating activities.
Residential – these are structures where people stay alone or with families. They include standalone houses, apartments, housing complexes, condominiums, vacation rentals, mobile homes, etc.
Industrial – these are structures where any kind of production activity goes on for a business purpose. They include factories and other types of industrial setups, warehouses, research centers, etc. industrial properties are used for the manufacturing of goofs and commercial properties are meant for the distribution of these goods and providing services.
Land – these are mostly open land areas with little or no construction there. Examples are farmlands, vacant lands, reclaimed lands, ranches, etc.
What is meant by the real estate market?
By the real estate market, we mean all the available property that is up for sale in a given locality. It might be a neighborhood, a town, a big city, a region, or even an entire country. Like any other component of the economy, real estate also goes through crests and troughs (ups and downs) as the forces of demand and supply act on it.
Industry experts and economists keep a close watch on the real estate market behavior as it provides insights into how the economy is functioning. When people are on a property-buying spree, it indicates there is a boom time in the economy. On the contrary, if properties lie unsold or halfway complete, it means times are tough for the economy and people are not ready to invest in properties.
How does the real estate industry function?
In normal cases, the value of the real estate is on the upswing. So, one can buy real estate for Rs X and sell it for Rs Y (Y>X). That’s how one makes money. And this is the underlying policy of the functioning of real estate companies. The companies appoint agents and brokers who bring prospective customers to the property.
The agents assist the general public to buy and sell properties. They have in-depth knowledge of the properties that they handle and also the local real estate market dynamics. They get the transactions done while following all the related rules and regulations.
Real estate industry in India – an overview
In recent years, the industry has seen steady growth in India. There has been a rise in the demand for both residential and commercial real estate. More than Rs 43,000 crores were invested in this segment in 2019, with a Private Equity (PE) investment of close to $1 billion.
A large quantum of NRI investment is set to happen in Indian real estate, as foreseen by experts. Bengaluru tops the list for favorite real estate investment destinations for NRIs. Some other chosen locations are Ahmedabad, Pune, Chennai, Goa, Delhi, and Dehradun.
Some facts & figures:
- The market expected to reach USD1 trillion by 2030
- The sector is expected to contribute 13% to India’s GDP by 2025
- The CAGR is expected to be more than 19% from 2019 to 2028
- The office leasing space was more than 60 msf in 2019, across 8 major Indian cities. That’s a year-on-year growth of 27%.
- Across 7 major Indian cities, housing sales touched 2.6 lakh units in 2019
A large number of players operating in the Indian real estate market. They range from huge corporates and multinationals to small-level local players. Many more are jumping into the fray to grab a share of the pie. Here, we will take a look at the top 20 real estate companies in India.
DLF Ltd.
Founded in 1946, DLF Ltd is among the topmost real estate management firms of not just India, but the world. With the highest caliber staff and top-quality properties pan-India at its disposal, DLF Ltd sets new benchmarks for excellence and customer service regularly. The company was instrumental in putting Gurugram on the world’s real estate map, almost singlehandedly.
- Market Cap (Rs Cr.): 37,241.06
- Book Value (Rs): 108.29
- Face Value (RS): 2.00
- Turnover (Rs. In Lakhs): 38,894.45
Profit and loss (in Rs. Cr.):
- March 2020: -1,479.21
- March 2019: 368.27
- March 2018: 4,292.41
- March 2017: 800.26
Embassy Office Parks REIT Ltd.
Embassy Office Parks is India’s first listed Real Estate Investment Trust (REIT). Across the top cities of India, the company has seven Grade A office parks and four city-center office buildings in its portfolio. More than 160 blue-chip corporates are its clients, including hotels, solar parks, and more.
- Market Cap (Rs Cr.): 28,165.01
- Book Value (Rs): 288.62
- Face Value (RS): 300.00
Profit and loss (in Rs. Cr.):
- March 2020: 481.40
- March 2019: -9.45
Godrej Properties Ltd.
The renowned and trusted Godrej Group, with a rich legacy in India, has a very strong presence in the real estate sector through its property division, Godrej Properties Ltd. (GPL). GPL received “The Most Trusted Real Estate Brand” award in 2019 from the Brand Trust Report. Currently, it has projects worth many thousand crore rupees in progress across India.
- Market Cap (Rs Cr.): 21,759.61
- Book Value (Rs): 199.49
- Face Value (RS): 5.00
- Turnover (Rs. In Lakhs): 4,850.87
Profit and loss (in Rs. Cr.):
- March 2020: 355.75
- March 2019: 239.20
- March 2018: 228.94
- March 2017: 175.12
Oberoi Realty Ltd.
More than three decades ago, Oberoi Realty entered the real estate sector with zeal to provide the best in the class office and residential spaces to the new and upwardly-mobile citizens of Mumbai and its adjoining areas. It has developed more than 40 projects totaling almost 12 million sq ft in and around Mumbai. Close to 38 million sq ft is in the developmental stage, making the company a key player in the region.
- Market Cap (Rs Cr.): 14,993.14
- Book Value (Rs): 172.62
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: 683.42
- March 2019: 810.04
- March 2018: 455.18
- March 2017: 375.45
Prestige Estates Projects Ltd.
Having started operations in 1986, the Prestige Group is a well-established real estate firm with almost 250 completed projects totaling 134 million sq ft as in March 2020. It has ongoing and upcoming projects of more than 100 million sq ft. The company operates primarily in South India and parts of Mumbai & Goa. It operates in both the commercial and residential space.
- Market Cap (Rs Cr.): 9,867.21
- Book Value (Rs): 131.40
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: 544.20
- March 2019: 411.20
- March 2018: 411.00
- March 2017: 361.30
Phoenix Mills Ltd.
Phoenix Mills Ltd came into being in 1905 as a textile production company. It entered the real estate domain in 1987. Ever since then, it has carved a niche for itself in the ever-expanding Indian real estate market. The company is into all the spheres of real estate, with close to 7 msf retail and 1.76 msf commercial space under its belt. It also has more than 3.4 msf of residential projects.
- Market Cap (Rs Cr.): 9,755.05
- Book Value (Rs): 166.11
- Face Value (RS): 2.00
Profit and loss (in Rs. Cr.):
- March 2020: 355.88
- March 2019: 461.69
- March 2018: 211.60
- March 2017: 190.01
Housing and Urban Development Corporation Ltd.
HUDCO is the premier public sector unit in the field of infrastructure and housing development in India. With a nationwide network of branches, the mini Ratna HUDCO’s mission is to provide sustainable and affordable housing for one and all. HUDCO has nationwide housing projects in the areas of urban housing, cooperative housing, slum upgradation, rural housing, staff housing, building technology, and more. HUDCO also plays a large role in developing infrastructure like waste management, power, commercial infrastructure, road & transport, social infrastructure, etc.
- Market Cap (Rs Cr.): 6,336.01
- Book Value (Rs): 61.66
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: 1,708.42
- March 2019: 1,180.15
- March 2018: 1,010.18
- March 2017: 842.24
Sunteck Realty Ltd.
Founded in 2000, Sunteck Realty Ltd is a premier Mumbai-based property developer. It has over 30 million sq ft across 25 projects in its kitty. Almost 70% of the projects have been in the residential phase. The company has developed some uber-luxury residential projects in the heart of India’s commercial capital Mumbai. It is actively developing a host of projects in the suburbs of Mumbai.
- Market Cap (Rs Cr.): 3,789.57
- Book Value (Rs): 132.52
- Face Value (RS): 1.00
Profit and loss (in Rs. Cr.):
- March 2020: 100.69
- March 2019: 240.87
- March 2018: 67
- March 2017: 221.24
PNC Infratech Ltd.
Established in 1999, PNC Infratech is a leading name in the area of infrastructure development and management in the country. It has proven expertise in constructing large projects like highways, flyovers, airport runways, power transmission lines, and industrial projects. The company has been involved in a range of prestigious projects across the country.
- Market Cap (Rs Cr.): 4,082.82
- Book Value (Rs): 99.27
- Face Value (RS): 2.00
Profit and loss (in Rs. Cr.):
- March 2020: 543.40
- March 2019: 350.67
- March 2018: 248.98
- March 2017: 139.00
Sobha Ltd.
Since its inception in 1995, Sobha Ltd has consistently set benchmarks in building projects that are of global quality. Backed by robust engineering, constant research, ethics, and a mission for the best customer service, the company occupies pride of place in the industry. It has a number of luxury and super-luxury residential and high-utility corporate projects to its name.
- Market Cap (Rs Cr.): 2,237.41
- Book Value (Rs): 241.16
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: 281.67
- March 2019: 296.99
- March 2018: 216.87
- March 2017: 147.73
Delta Corp Ltd.
Delta Corp is a well-known name in the world of hospitality projects. It owns two premium hotels in Goa & Daman. It is also a renowned name in the world of gaming & casinos, being India’s only listed casino operator. It also runs luxury cruises.
- Market Cap (Rs Cr.): 2,799.68
- Book Value (Rs): 71.27
- Face Value (RS): 1.00
Profit and loss (in Rs. Cr.):
- March 2020: 78
- March 2019: 196.44
- March 2018: 155.48
- March 2017: 73.98
Indiabulls Real Estate Ltd.
Incorporated in 2006, Indiabulls Real Estate Ltd is almost synonymous with luxury residential and commercial properties across India. It has developed major projects across the Indian metros, as well as a number of Special Economic Zones (SEZ). It has also created international footprints, with several topnotch projects in the heart of London.
- Market Cap (Rs Cr.): 2,382.44
- Book Value (Rs): 141.85
- Face Value (RS): 2.00
Profit and loss (in Rs. Cr.):
- March 2020: 122.69
- March 2019: 500.32
- March 2018: 2,364.40
- March 2017: 354.47
Brigade Enterprises Ltd.
With over 3 decades of experience, Brigade has been instrumental in creating many landmark projects across Chennai, Bengaluru, Hyderabad, and Kochi, among others. It has completed more than 250 projects totaling 70 MSF.
- Market Cap (Rs Cr.): 3,480.60
- Book Value (Rs): 124.98
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: 112.40
- March 2019: 280.13
- March 2018: 131.35
- March 2017: 166.41
Omaxe Ltd.
Since its journey began in 1987, Omaxe has delivered more than 124 MSF of premium projects across 27 cities in 8 states. The company has a deep-rooted presence in North India where it has constructed townships, shopping malls, hotels, SCOs, and a host of luxury condo villas.
- Market Cap (Rs Cr.): 1,261.10
- Book Value (Rs): 81.54
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: -97.14
- March 2019: 48.65
- March 2018: 85.18
- March 2017: 105.26
Kolte-Patil Developers Ltd.
Kolte-Patil is a top of the line property developer of Pune. It has completed more than 50 high-quality projects, including residential & commercial complexes, and IT Parks. Across Mumbai, Pune, and Bengaluru, the company has developed more than 20 MSF.
- Market Cap (Rs Cr.): 1,220.63
- Book Value (Rs): 113.58
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: 99.70
- March 2019: 99.41
- March 2018: 153.57
- March 2017: 84.88
Ajmera Realty and Infra India Ltd.
Among the leading property developers of India, the company has a strong presence in the infrastructure development and commercial real estate development space of India. It has a sizeable presence in Bahrain as well.
- Market Cap (Rs Cr.): 301.09
- Book Value (Rs): 165.22
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: 32.94
- March 2019: 76.25
- March 2018: 84.45
- March 2017: 66.10
Shristi Infrastructure Development Corporation Ltd.
The company started its journey in 1999. Today, it’s a leading name in the construction & infrastructure development sector in India. Shristi has its presence in every sphere – residential, premium residential, malls, business parks, and hospitality. It has its presence across 12 cities and is set to make its presence felt pan-India.
- Market Cap (Rs Cr.): 111.00
- Book Value (Rs): 152.01
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: -87.71
- March 2019: -20.52
- March 2018: 2.51
- March 2017: 2.25
Rodium Realty Ltd.
Rodium is among the top-level property management firms in the country. With continuous adaptability and a search for perfection, the new-age company has completed a host of premium residential and commercial projects over Mumbai. It also has several prime projects coming up that will take the company higher.
- Market Cap (Rs Cr.): 23.38
- Book Value (Rs): 48.77
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: 0.14
- March 2019: 2.17
- March 2018: 0.26
- March 2017: 0.81
Dhruv Consultancy Services Ltd.
Dhruv Consultancy is among the premier infrastructure development consultants in India. It provides detailed and accurate feasibility studies, construction supervision, technical audits, highway designing, and more. It has its presence across 11 Indian states, spanning the entire country.
- Market Cap (Rs Cr.): 27.88
- Book Value (Rs): 31.89
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: N/A
- March 2019: N/A
- March 2018: N/A
- March 2017: N/A
Prerna Infrabuild Ltd.
The Ahmedabad-based Prerna Infrabuild is a BSE-listed top-class property developer. It has constructed some of the realty landmarks of Ahmedabad city, like Doctor House & Prerna Teerth. Presently, it is involved in the construction of several premium bungalows and multi-utility commercial spaces across Gujarat.
- Market Cap (Rs Cr.): 19.52
- Book Value (Rs): 27.10
- Face Value (RS): 10.00
Profit and loss (in Rs. Cr.):
- March 2020: 0.01
- March 2019: 0.48
- March 2018: 1.17
- March 2017: 1.11
List of Top 20 Real Estate Companies in India
| Sl. No | Company | Establishment | Headquarter | Website |
| 1 | DLF Ltd. | 1946 | Delhi | https://www.dlf.in/ |
| 2 | Embassy Office Parks REIT Ltd. | 1986 | Bangalore, Pune | https://www.embassyofficeparks.com |
| 3 | Godrej Properties Ltd. | 1990 | Mumbai | https://www.godrejproperties.com/ |
| 4 | Oberoi Realty Ltd. | 1998 | Mumbai | https://www.oberoirealty.com/ |
| 5 | Prestige Estates Projects Ltd. | 1986 | Bengaluru | https://www.prestigeconstructions.com/ |
| 6 | Phoenix Mills Ltd. | 1905 | Mumbai | https://www.thephoenixmills.com/ |
| 7 | Housing and Urban Development Corporation Ltd. | 1970 | New Delhi | https://www.hudco.org/ |
| 8 | Sunteck Realty Ltd. | 1981 | Mumbai | https://www.sunteckindia.com/ |
| 9 | PNC Infratech Ltd. | 1999 | Agra | https://www.pncinfratech.com/ |
| 10 | Sobha Ltd. | 1995 | Bengaluru | https://www.sobha.com/ |
| 11 | Delta Corp Ltd. | 1985 | Mumbai | http://www.deltacorp.in/ |
| 12 | Indiabulls Real Estate Ltd. | 2006 | London | https://www.indiabullsrealestate.com/ |
| 13 | Brigade Enterprises Ltd. | 1986 | Bengaluru | https://brigadegroup.com/ |
| 14 | Omaxe Ltd. | 1989 | New Delhi | https://www.omaxe.com/ |
| 15 | Kolte-Patil Developers Ltd. | 1991 | Pune | https://www.koltepatil.com/ |
| 16 | Ajmera Realty and Infra India Ltd. | 1985 | Mumbai | http://www.aril.co.in/ |
| 17 | Shristi Infrastructure Development Corporation Ltd. | 1990 | Kolkata | https://www.shristicorp.com/ |
| 18 | Rodium Realty Ltd. | 2005 | Mumbai | http://www.rodium.net/ |
| 19 | Dhruv Consultancy Services Ltd. | 2003 | Navi Mumbai | https://www.dhruvconsultancy.in/ |
| 20 | Prerna Infrabuild Ltd. | 1988 | Ahmedabad | https://prernagroup.com/
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