Real Estate has escalated very quickly within two decades in our country. Real Estate is stated as the future of house selection because of the ever-growing population and land being constant. Real estate is defined as the stretch of land consisting of residential buildings on it, crops, mineral, and water.
Real estate sometimes can also be stated as the buying and selling or renting of land. It is actually a judiciary term derived from the English common law followed in countries like India, Canada, the United Kingdom, New Zealand, Pakistan, and Australia. Real Estate can be divided into many categories like apartments, flat, Terraced house, multi-family house and cooperative. Here are the top 10 best Real Estate companies In India in 2018.
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10. Brigade Enterprises
Brigade Enterprises Limited is a publicly owned company under the flagship of Brigade Group. The company was founded in the year 1986 by M.R. Jaishankar with its headquarters in Bangalore. The company also has its office in Mangalore, Kochi, Mysore, Chennai, Coimbatore, Hyderabad and an abroad representative office in Dubai. It is one of the biggest developers in South India. The company has also won many national and international awards for its contribution towards the development in India. Brigade Enterprises builds Apartments, Commercial Offices, Villas, Shopping Malls, Hotels, Hospital etc.
9. PNC Infratech
PNC is the acronym of Pritish Nandy Communications. PNC Infratech was established in 1999 with an aim to develop India. The company is known for its various projects like construction of bridges, runways, flyovers and power transmission lines. The company has several offices spread across India. Some of them are in Rajasthan, Bihar, Madhya Pradesh, Delhi, Haryana, Uttar Pradesh, Karnataka and Tamil Nadu. The company aspires to be one of the top five real estate companies in India. It is currently focusing on Highways, Rail Freight Corridors, Airport Pavements and more Power transmission lines. The current value of the company in the market is nearly 1954.24 crores. The company is believed to be one of the famous real estate companies in 2018.
8. Indiabulls Real estate
Indiabulls real estate is an India public company that is the flagship of Indiabulls Group. The company was established in January 2000 with its nerve center in Gurgaon. The corporate office is located in Mumbai. Its business stretches from Housing Finance and Securities to Infrastructure and Real Estate. The company is currently headed by Sameer Gehlaut who is the Chairman and Founder of the company. Indiabulls has a net worth of around 153.21 billion Indian rupees in the market. In the year 2013 Indiabulls financial services joined with its own counterpart Indiabulls Housing finance to form the group of the company.
The next in our list is Omaxe. This company is considered to be one of the fastest growing companies in India. With its headquarters in New Delhi, the company has its offices in 27 different cities of the nation. Omaxe undertakes several projects that include Integrated Townships, Shopping Malls, Group housing and Hotel Projects. The company also has a land acquisition of about 4000 acres with its income being 1400 crore rupees. The company was formed in 1989 and is located in several places like Uttar Pradesh, Punjab, Uttarakhand, Madhya Pradesh and Rajasthan. Featuring seventh in top 10 real estate companies in India, it has a net worth of 2435.25 crores in the market.
6. Sobha Developers
Sobha Limited, earlier known as Sobha Developers is an Indian multinational real estate company that was established in the year 1995. The company has its main building in Bangalore. P.N.C. Menon was the founder and is today controlled by Ravi Menon. The company takes several projects and undertakes the business of the township, housing projects, development, sale and other related jobs. The company has also undertaken projects for famous IT companies in India like Infosys, Wipro, Dell, Bosch and the ITC chain of Hotels. The annual revenue of the company is nearly INR 24.24 billion.
5. Godrej Properties Limited
Godrej Properties Limited is a real estate company that has its headquarters in Mumbai. A branch of the Godrej Industries limited the company was formed in 1990 by Adi Godrej. The company has its office in more than 10 cities in India and is currently developing more than 87 million sq ft. Earlier it was called Sea Breeze Constructions. In 1986 after the company was registered under the Companies Act 1986 and in 1990 with the admission of stakeholders the company changed its name to the present Godrej Properties Limited. The company today has an annual revenue of 1544 crore Indian rupees.
HDIL is a listed real estate development firm in Mumbai. The company was registered in 1996 with its headquarters in Mumbai. It has performed several developmental operations across the metropolitan of Mumbai. HDIL mainly aims at land developments involving construction and development of Industrial projects, commercial and retail objects. The company also tries to clear the slum land and provide a proper house to the slum dwellers. The company is headed by Rakesh Kumar Wadhawan who is the chairperson of the company. The company has an annual revenue of 8854 crore that is because of 1142 employees working for the company. The tagline of the company is Creating Value.
3. Prestige Estates
Prestige Estates is a subsidiary of the Prestige Group which is a property development group in South India. The company was established by Razzack Sattar in the year 1986 with its main building in Bangalore. Prestige Group has developed several colonies and commercial places like the ones in Chennai, Kochi, Mangalore, Mysore, and Hyderabad. The company undertakes several projects like those of Apartments, Commercial offices, Hotel, Villas, shopping malls, Golf courses and Retail. The company provides employment to more than 3000 people.
2. Oberoi Realty
The second best real estate company in India is Oberoi Realty. The company was established in 1980 with its main building in 1980. The company is led by Vikas Oberoi who is the chairman and the managing director of the company. Oberoi Realty has developed somewhat nearly 39 projects across Mumbai. The company is known to all because of its projects and the standards of apartments they develop. This public limited company was listed on Bombay Stock Exchange in the year 2010. Oberoi Realty develops projects like Offices, Apartments, Shopping Malls, Golf Courses, and Hotels.
Topping our list of top 10 real estate companies in India is DLF. DLF had become quite famous after it sponsored the first season of Indian Premier League (IPL). DLF stands Delhi Land& Finance. It is a public limited commercial real estate company that was founded by Ch. Raghavendra in the year 1946. It is one of the oldest real estate companies in India. Headquartered in New Delhi, the company today is headed by Kushal Pal Singh. DLF undertakes projects for Shopping Malls. Apartments, Golf Courses and much more. The company has an annual revenue of INR 92.25.
These are the top 10 real estate companies in India in 2018. All these companies are famous because the quality of work they display. The sense of experience can be judged through the perfection that is reflected in their work.