The
Indian real estate sector has traditionally been an unorganised sector but it
is slowly evolving into a more organised one. The sector is embracing
professional standards and transparency with open arms. The major established
domestic players in the sector are DLF, Unitech, Hiranandani Constructions,
Tata Housing, Godrej Properties, Omaxe, Parsvanath, Raheja Developers, Ansal
Properties and Infrastructure and Mahindra Lifespace Developers Ltd to name a
few. International players who have made a name for themselves in India include
Hines, Tishman Speyer, Emaar Properties, Ascendas, Capitaland, Portman Holdings
and Homex
DLF Limited
Headed by – Dr. Kushal Pal Singh, Chairman. DLF group is a leading real estate developer in India since 1946. DLF has been instrumental in putting Gurgaon on the urban landscape of India. With a track record of 64 years, DLF is India’s largest real estate company in terms of revenues, earnings, market capitalization and developable area.
DLF
currently has pan India presence across 30 cities with approximately 238
million sq ft of completed development and 413 million sq ft of planned
projects, of which 56 million sq ft of projects are under construction during
FY10. It is the Largest real estate company with revenues of USD866.4 million
(FY11) and has a Market capitalisation of USD7.2 billion.
DLF
has over 220 million sq. ft. of existing development projects and 574 million
sq. ft. of planned projects. DLF has so far developed 22 urban colonies, and an
entire integrated 3,000-acre township - DLF City. DLF's development projects
across India span over 30 cities: Gurgaon, Ambala, Shimla, Amritsar, Jalandhar,
Ludhiana, Sonepat, Panipat, Chandigarh, Panchkula, Noida, New Delhi, Jaipur,
Indore,Ahemdabad, Baroda, Lucknow, Faridabad, Mumbai, Pune, Nagpur, Goa, Kochi,
Kokkanad, Chennai, Bangalore, Vytilla, Coimbatore , Hyderabad, Bhubhaneshwar
and Kolkata.
UNITECH
Headed by - Mr. Ramesh Chandra is the Executive Chairman of Unitech Established in 1972, Unitech is India’s leading real estate developer in India. It is the first developer to have been certified ISO 9001:2000 in North India. Project Spectrum: Unitech offers diversified projects across residential, commercial/IT parks, retail, hotels, amusement parks and SEZs segments. Unitech was the first real estate company to be part of the National Stock Exchange’s NI FTY 50 Index. The company has over 600,000 shareholders. Unitech and Norway based Telenor Group came together to build Uninor – a telecommunication services company providing GSM services across India
Ansal API
Headed
by - Mr. Sushil Ansal is the ChairmanEstablished in 1967 as a family business;
Ansal API today is clearly amongst the real estate leaders of India. Having
established itself very strongly in the NCR region, Ansal API is now focusing
on ventures in cities like Bhatinda, Mohali, Amritsar, Ludhiana, Jalandhar,
Jaipur, Jodhpur, Ajmer, Sonepat, Panipat, Karnal, Kuru kshetra, Faridabad,
Gurgaon, Greater Noida, and Ghaziabad, Meerut, Agra, Lucknow, to name a few. Ansal
API has till date, developed and delivered more than 190 million sq ft. The
company currently has a land reserve of about 9,335 acres.
Sobha Developers Ltd
Headed
by - Mr. P.N.C. Menon is the founder of Sobha Developers. The Company was
founded in 1995 by PNC Menon. Today, this Rs10 billion plus company is one of
the largest and only backward integrated company in the construction arena. Its
IPO in 2006 was oversubscribed by 126 times that created history, being the
first event of its kind in Indian capital markets. Till date, Sobha has
completed 47 residential projects, 13 commercial projects and 166 contractual
projects covering about 36 million sqft area in 18 cities across India (as of
31 March 2010). The company currently has 21 on-going residential projects
aggregating to 8.5 million sqft, while 4.24 million sqft of contractual
projects are under various stages of construction.
Parsvnath Developer Ltd
Headed
by - Mr. Jain. Incorporated in July 1990 by Mr. Jain in New Delhi, Parsvnath
today has a substantial pan India presence in over 45 cities across 16 states.
The company has emerged as one of the most progressive and multi-faceted real
estate and construction entities in India.
Godrej
Properties
Headed By - Mr. Adi Godrej
Chairman, Godrej Group. It started its first project in Mumbai in 1991. It has
National real estate developer with presence across 11 cities, It
Differentiated joint development business model resulted in a debt-equity ratio
of less than one. Its Current area under development stands at 83.5 million
square feet. It is ranked one of India’s top 10 builders by Construction World
Architect & Builder Awards, 2011 with consolidated total income of USD 116
million. It has land bank is widely diversified across India, giving it enough
scope to address the demands of multiple micro markets and has already launched
projects in Ahmedabad and Kolkata
Omaxe
Group
Headed by – Mr. Rohtas Goel, CMD. Over
the past 22 years, Omaxe has established itself through diverse range of residential
and commercial projects. The company at present has 53 projects under execution
and planning. Omaxe Ltd was the first Construction Company of northern India to
receive an ISO 9001:2000 Certification.
Omaxe has entered into
infrastructure sector through Omaxe Infrastructure & Construction Ltd
(OICL), a wholly owned subsidiary. OICL has bagged the first contract to
construct Highway and three high level bridges in Punjab. The contract is
awarded by Greater Mohali Area Development Authority and its value is pegged at
Rs704 million
Lodha
Developers
Headed by - Abhisheck Lodha, MD. Founded
in 1980, Lodha Developers are primarily Mumbai based with some presence in Pune
and Hyderabad. Lodha Developers provides comprehensive residential and office
space solutions across real estate categories and diverse consumer segments -
from luxury garden residences in South Mumbai to large integrated townships in
the suburbs, from thoughtfully designed office environments to private villa
retreats. The group has extended this philosophy to office spaces as well,
where it was one of the first in India to introduce the concept of branded
office spaces.
Lodha has announced the World One,
a landmark development on a 17 acre site, slated to be the tallest residential
development in the world.
Other
prominent Property developers are listed below :
Ø Oberoi
Realty Limited
Ø Kalpataru
Group
Ø Sobha
Developers Limited (South)
Ø Puravankara
Group (South)
Ø Ambuja
Realty (East)
Ø Merlin
Group (East)