15 Best Real Estate Companies in India (2023)

Looking for real estate companies? Then this post is ONLY for you. Here we have curated the list of best real estate companies in India with over decades of experience in the realty sector with innovative and excellent projects for residential and commercial purposes.

In India, the real estate sector is estimated to reach a whopping US$ 1 Trillion by 2030 and will contribute to 13% of the country’s GDP by 2025. India stands in 34^th place in Global Real Estate Transparency Index 2020. This ranking is published by Jones Lang LaSalle (JLL) in which 99 countries and territories and 163 cities are included.

The Indian Finance Minister Nirmala Sitharaman has allocated Rs. 76,432 crores to the Ministry of Housing and Urban Affairs in Budget 2023-24. This sector is the second-largest creator of jobs in India, right after Agriculture. Here are the best agriculture companies for your ease.

The real estate sector consists of four broad sub-divisions – housing, hospitality, commercial, and retail. But if you’re wondering which is the best real estate company. Luckily, we got you covered for all potential queries you might have.

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15 Best Real Estate Companies in India

The real estate companies mentioned have the best experience and projects for residential, commercial, retail, hospitality, and SEZ projects with a major share in the Indian real estate market.

So, without further ado, let’s take a closer look at all these top real estate companies in India.

1. DLF

DLF is one of the top real estate companies in India founded in 1946 with a registered office in Gurgaon, India, and is led by Chairman Rajiv Singh. The company recorded net revenue of INR 6,137.84 Crore for the year ended March 2022.

DLF has been changing Indian landscapes for 75 years by constructing world-class buildings and adhering to best practices in construction, environment, compliance, and corporate governance.

The company owns rental assets of more than 32 million square feet. It maintains rigorous safety standards and hence has been awarded 13 ‘Sword of Honor’ awards in a year by the British Safety Council.

2. Godrej Properties

With more than 250 rewards and recognitions including “Most Trusted Real Estate Brand -2019” and “Builder of the Year by CNBC – 2018”, Godrej has been rising exponentially.

The company was founded in 1897 and is one of the oldest real estate companies in India with a registered office in Mumbai and led by Chairman Pirojsha Godrej and Chairman Emeritus Adi B Godrej and had net revenue of INR 2,585.69 Crore in FY22.

GPL has been awarded the 7th position in Asia & 17th globally by Global Real Estate Sustainability Benchmark. The focus of the organization on sustainable development encompasses several environmental criteria, including sourcing of content, site selection and design, and water and energy conservation.

3. NBCC India

• Registered Office: New Delhi, India
• Chairman & Managing Director: Pawan Kumar Gupta
• Director – Commercial: Rajendra Chaudhari
• Founded: 1960

NBCC is a Government of India Enterprise which achieved the status of a ‘Navratna’ Company in 2014. NBCC has signed an MoU with the Government of Mauritius for the construction of 3 projects in Mauritius viz. the National Archives & National Library, Police Academy, and Forensic Science Laboratory.

4. Ansal Properties

Ansal API is one of the leading real estate companies in India and is building lifestyles since 1967. Ansal API currently operates in a range of business verticals such as Integrated Townships, Condominiums, Group Housing, Malls, Shopping complexes, Hotels, SEZs, IT Parks, and Infrastructure and Utility Services.

Starting from a humble beginning, Mr. Sushil Ansal, Chairman, Ansal API, with his imagination and application has led this real estate company to boom in all sectors ranging from realty development & construction to hotels, infrastructure projects, and educational institutions.

In today’s times, Ansal API is one of the best real estate companies in India which has set its footprint predominantly in North India in markets such as Delhi NCR, Punjab, Haryana, Rajasthan, and Uttar Pradesh, which includes 19 townships. The company has a prime focus on residential real estate projects, commercial real estate projects, and hospitality projects.

5. Indiabulls Real Estate

Indiabulls real estate is known for its luxury in residential and commercial properties. The company was incorporated in 2006 and is one of the best real estate companies in India. The company has focused on the development and construction of residential, commercial, and SEZ properties across major tier-1 metro cities of India.

The company has delivered great commercial developments of 3.3+ million sqft in Mumbai which is One Indiabulls Centre & Indiabulls Finance Centre and in the residential segment – Indiabulls Sky, Mumbai, and Greens Panvel, apart from delivering projects in Gurugram, Chennai, Madurai, Ahmedabad, and Thane.

The company has a gross development value of INR 32,189 crores, and a net worth of INR 7,090 crores as of March 31 and with 15 ongoing projects with a total saleable area of 33.91 million sq. ft. under its wing. It also has an IBREL credit rating of AA- for long-term debt, one of the highest in the industry.

6. Oberoi Realty

With over three decades of experience, Oberoi Realty Ltd has completed 42 projects to date and deals in Commercial, Residential, Retail, Social, and Hospitality infrastructure.

The Oberoi Realty was founded in 1998 with a registered office in Mumbai and led by Chairman and Managing Director Vikas Oberoi and is one of the top real estate companies in India. The company recorded net revenue of INR 2,752.42 in FY March 22.

The company is enhancing execution capabilities through technological interventions across the value chain with total assets worth a whopping INR 11,121 crore.

7. Phoenix Mills

• Registered Office: Mumbai, India
• Chairman & Non-Ex. Director: Atul Ruia
• Managing Director: Shishir Shrivastava
• Founded: 1905

Phoenix Mills Ltd develops Retail, Residential, Commercial, and Hospitality properties. Owning 9 large-scale retail assets across 6 cities in India, they aspire to be the nation’s leading and most trusted estate company.

With projects like Phoenix Palladium (Mumbai) and Phoenix Marketcity (Pune), they create services rooted in deep customer focus and insight.

8. L&T Realty

L&T Realty is one of the reputed and most trusted real estate companies in India which got established in the year 2011. It is the realty arm of Larsen and Toubro and a trendsetter among real estate developers in India.

The company has an extensive portfolio of 70 mn sqft across residential, commercial, and retail developments in major tier-1 cities such as Mumbai, Navi Mumbai, NCR, Bengaluru, Hyderabad, and Chennai.

L&T Realty has devoted itself to developing landmarks of excellence and providing customer satisfaction to its core with its creative and innovative operations. Led by Mr. Shrikant Joshi, CEO & MD, this real estate company has built a reputation for standing by its promises and embracing the power of digitization and new technologies into its core strategy for growth.

9. Brigade Enterprises

• Registered Office: Bengaluru, India
• Chairman & Managing Director: M R Jaishankar
• Executive Director: Nirupa Shankar
• Founded: 1986

Brigade Enterprises Ltd deals in Real Estate, Lease Rental, and Hospitality. Its projects are located in Bengaluru, Chennai, Kochi, Thiruvananthapuram, Hyderabad, Mysuru, Ahmedabad, etc.

Having over 3,000 employees, its core values are Fairness, Innovation, and Trust to be Responsible and Social. In 2007, the public listing of the company’s shares was done due to an IPO of Rs. 650 crores.

10. SOBHA Homes 

• Registered Office: Bengaluru, India
• Chairman: Ravi PNC Menon
• Vice-Chairman & Mng.Director: J C Sharma
• Founded: 1995

SOBHA constructs world-class real estate developments which include presidential apartments, villas, row houses, luxury, and super luxury apartments, plotted development, and aspirational homes.

The BrandXReport 2018-19 identified SOBHA as the Top Brand in Affordable Homes for its compact luxury sub-brand SOBHA Dream Collection. Right from ideation to completion, the company believes in doing everything in-house.

11. Prestige Estates

• Registered Office: Bengaluru, India
• Chairman & Managing Director:  Irfan Razack
• Joint Managing Director: Rezwan Razack
• Founded: 1986

Prestige Estates Projects creates structural marvels, it is building one of India’s largest hotels and convention centers in New Delhi. Having a legacy of over 30 years, they own an overall portfolio of 330 projects to date.

Present in 12 major Indian cities and bagging 300+ awards, they aim to continuously exceed the expectations of the customers and employees.  As a part of the CSR initiative, the company supported 2.2 million meals during the pandemic.

12. Dilip Buildcon

• Registered Office: Madhya Pradesh, India
• Chairman & Managing Director: Dilip Suryavanshi
• Whole Time Director: Seema Suryavanshi
• Founded: 1987

Dilip Buildcon has a presence across India in 17 states accounting for more than 80% of the landmass of the country. They are the largest employer in the construction industry segment with 38,569 employees.

Building approximately 16% of all the National Highways in the country, it is India’s largest Road construction Company. DBL has been awarded the National Highway Excellence Award for two consecutive years 2018 and 2019 for Excellence in Project (PPP) Management.

13. Omaxe

• Registered Office: Gurgaon, India
• Chairman & Managing Director: Rohtas Goel
• WholeTime Director & CEO: Mohit Goel
• Founded: 1989

Present across 27 cities in 8 states in India, Omaxe Limited is building projects like NRI City, Integrated Township, and The Forest in Noida. In 2019, with the launch of its Omaxe Chowk project in Delhi, the company set yet another trend in commercial redevelopment projects where a new age & modern, healthy, and clean organized retail space will be built in an existing marketplace of Chandni Chowk, the largest wholesale and retail destination in Asia.

Their product portfolio includes Integrated and hi-tech townships, Group Housing, and Commercial spaces.

14. Sunteck Realty

• Registered Office: Mumbai, India
• Chairman & Managing Director: Kamal Khetan
• Executive Director: Atul Poopal
• Founded: 1981

Sunteck Realty Ltd operates under 5 sub-brands which are as follows:

1. Signature: Ultra-luxury residences aimed at high-net-worth individuals
2. Signia: Premium and mid-level residences in select suburban micro-markets
3. SunteckCity: Large formats and mixed-use developments
4. Sunteck: Commercial developments
5. Sunteck World: Aspirational luxury residences in select suburban markets.

15. Mahindra Lifespaces

• Registered Office: Mumbai, India
• Chairman: Arun Nanda
• Director: Bharat Shah
• Founded: 1994

Mahindra Lifespaces has a solid foundation focused on the Mahindra Group’s core values of professionalism, good corporate governance, customer focus, quality, and accountability.

Their Credo of ‘Sell genuinely, build responsibly, deliver on time’ is rooted in the way they do things and mirrored in their acts. Their residential projects include Luminaire, Roots, Vivante, Happinest Boisar, Bloomdale, Centralis, etc.

Bonus Content

Kolte-Patil

• Registered Office: Pune, India
• Chairman & Managing Director: Rajesh Patil
• Vice-Chairman: Naresh Patil
• Founded: 1991

Kolte-Patil is driven by a culture of excellence: construction efficiency, sales, and customer relationship management and an overarching commitment to governance.

It has been awarded the Most Trusted Real Estate Brand by Times Network Marketing Excellence Awards in 2018. In 2015-16, the Company entered into an Rs. 120 crore agreement with a J.P. Morgan Asset Management affiliate for the Jay-Vijay Society redevelopment project in Vile Parle (E), Mumbai.

Ahluwalia Contracts

• Registered Office: New Delhi, India
• Chairman & Managing Director: Bikramjit Ahluwalia
• Deputy Managing Director: Shobhit Uppal

With specialized experience in the Construction Industry for more than 40 years, Ahluwalia Contracts are impacting thousands of lives every day – at construction sites, offices, and retail spaces. Some iconic Hospital Projects made by the company are OPD Block at AIIMS Campus, New Delhi, and BPS Govt.

Medical College & Hospital for Women, Sonipat.  Similarly, they have built hotels like Leela Palace, New Delhi ITC Grand Central, Mumbai, and Grand Hyatt, New Delhi.

FAQs on Real Estate Companies in India

Final Thoughts on Biggest Real Estate Companies in India

So, I hope you find this list of top real estate companies helpful. The list above-mentioned is not in the order of best to worse or vice versa. All the realty companies listed here are industry thought leaders in their sector where some companies were formed in the 19th century whereas some have the largest amount of land.

All in all, all these companies are the best in their profession, and you can trust all these companies as they have devoted themselves to bringing customers delight.