The size of the real estate industry is USD 170 billion (Rs 12,24,000 Cr). Being India’s second-largest employer, the sector holds a leading place in the country’s commercial system, and any shifts in it will impact the economy as a whole.
This article contains a list of Top Real Estate Companies in India.
What is a real estate company?
A real estate brokerage is known as a firm that hires a team of real estate agents who help promote a transaction between the buyers and sellers of the property. Their job is to represent each party and help them achieve a purchase or a sale with the best possible terms.
Top 5 Real Estate Companies in India
1. Godrej Properties Ltd.
Godrej Properties Ltd was established in 1990 by Adi Godrej. The headquarters are located in Mumbai, India. Its principal products are Residential Buildings, Commercial Complex and Township. The company is working across different cities in India, including Hyderabad, Mumbai, Bengaluru, Nagpur, Kolkata, Hyderabad, Pune, Chandigarh, and many more. This company is among the top real estate companies in India.
- Revenue: Rs 2,322 Cr
- Profit: 319 Cr
- Market Cap: 23,161 Cr.
- ROE: 11.64 %
- Sales Growth (3Yrs): 9.90 %
- Promoter holding: 64.45 %
- Debt to equity: 0.78
- Price to book value: 4.98
2. Omaxe Ltd.
Omaxe Ltd was established in the year 1989 by Rohtas Goel. The headquarter is located in New Delhi, India. It is included in the construction of offices, hotels, apartments, villas, shopping malls, penthouses. It is present across major Indian states. It is one of India’s top real estate companies with 118.61 million sq. ft. of space in real estate and construction contracting.
Some of its projects
- World Street Faridabad
- Omaxe Connaught Place
- Omaxe Heights
- Omaxe New Chandigarh etc.
- Revenue: Rs 1,146 Cr
- Profit: 50 Cr
- Market Cap: 2,809 Cr.
- ROE: 2.67 %
- Sales Growth (3Yrs): -5.58 %
- Promoter holding: 74.38 %
- Debt to equity: 0.70
- Price to book value: 1.60
3. Oberoi Realty Ltd.
Oberoi Realty Ltd was established in the year 1980. Headquarter is located in Mumbai, India. Deals with offices, hotels, apartments, golf courses , and shopping malls. It is dealing with a large number of projects across Mumbai. Over the past three decades, Oberoi Realty obtained growth and high development by constant high-design and quality parameters that have made a big difference to ease, comfort, and efficiency to lives that interact with or inhabit these spaces.
Some of its popular projects are
- Oberoi Gardens
- Beachwood House
- Oberoi Crest
- Oberoi Parkview
- Oberoi Splendor
- Revenue: Rs 2,582 Cr
- Profit: 817 Cr
- Market Cap: 19,044 Cr.
- ROE: 11.27 %
- Sales Growth (3Yrs): 22.18 %
- Promoter holding: 67.70 %
- Debt to equity: 0.20
- Price to book value: 2.37
4. DLF Ltd.
DLF Ltd was established in the year 1946 by Chaudhary Raghvendra Singh. It constructs offices, apartments, hotels, shopping malls, golf courses, infrastructure. DLF’s initial residential project was in Krishna Nagar, East Delhi, which was completed in 1949.
Today, DLF is the most comprehensive publicly listed real estate company with residential, commercial, and retail properties in fifteen states and twenty-four cities.
- Revenue: Rs 7,766 Cr
- Profit: 1,632 Cr
- Market Cap: 56,672 Cr.
- ROE: 3.70 %
- Sales Growth (3Yrs): -5.54 %
- Promoter holding: 74.95 %
- Debt to equity: 0.23
- Price to book value: 1.5
5. Indiabulls Real Estate Ltd.
It was established in the year 2006. The Company is involved in the growth of real estate projects and related activities. The Company’s operations comprise real estate project advisory, project marketing, maintenance of completed projects, investment advisory, engineering, industrial and technical consultancy, and other related and ancillary activities.
- Revenue: Rs 5,015 Cr
- Profit: 493 Cr
- Market Cap: 2,776 Cr.
- ROE: 12.44 %
- Sales Growth (3Yrs): 18.65 %
- Promoter holding: 23.36 %
- Debt to equity: 0.50
- Price to book value: 0.78
6. Embassy Office Parks REIT
The Embassy REIT was established on March 30, 2017 at Bengaluru, Karnataka, India as a trust following the provisions of the Indian Trusts Act following a trust deed dated March 30, 2017 and amended on September 11, 2018. Axis Trustee Services Limited is known to be the trustee on account of the Unitholders while Embassy Office Parks Management Services Private Limited is the Manager of the Embassy REIT. EOPMSPL is collectively owned by the Embassy Sponsor and some entities forming part of the Blackstone Sponsor Group.
- Profit: 540 Cr
- Market Cap: ₹ 31,396Cr.
- ROE: 3.26 %
- Sales Growth (3Yrs): 21.2%
- Debt to equity: 0.25
- Price to book value: 0.92
7. Prestige Estates Projects Ltd.
Prestige Estates Projects Ltd was established in the year 1986 by Razack Sattar. Headquarters located in Bangalore, India., Having created 210 projects covering more than 80 million sq ft, the company has 53 ongoing projects crossing 54 million sq ft as well as 35 upcoming projects aggregating to almost 48 million sq ft of world-class real estate space over asset classes. It is involved in the construction of
- Apartments
- Villas
- Hotels
- Retail
- Leisure & Hospitality
- Commercial Offices
- Shopping Malls etc
- Revenue: Rs 6,518 Cr
- Profit: 423 Cr
- Market Cap: 12,156 Cr.
- ROE: 7.63 %
- Sales Growth (3Yrs): -2.21 %
- Promoter holding: 70.00 %
- Debt to equity: 1.91
- Price to book value: 2.77
8. Sunteck Ltd.
It is one of the most patronized real estate companies in Mumbai, with luxury properties in Mumbai. The Company, in a span of 4 years, has finished six projects with a developed area of million square feet covering residential and industrial developments. Sunteck Realty Limited (SRL) is a Mumbai-based real estate development company providing to the ultra-luxury and luxury residential segment.
SRL boasts of a city-centric development portfolio of nearly 30 million square feet spread across 25 projects at multiple stages of development.
- Revenue: Rs 774 Cr
- Profit: 171 Cr
- Market Cap: 5,911 Cr.
- ROE: 8.33 %
- Sales Growth (3Yrs): 52.13 %
- Promoter holding: 67.15 %
- Debt to equity: 0.21
- Price to book value: 2.06
9. Phoenix Mills Ltd.
The Phoenix Mills Ltd is poised to create a niche for itself in the Indian real estate sector. It can be mega retail malls, entertainment complexes, commercial spaces, or hospitality units. Its operations span across most aspects of real estate development
- Revenue: Rs 2,194 Cr
- Profit: 504 Cr
- Market Cap: 11,732 Cr.
- ROE: 11.72 %
- Sales Growth (3Yrs): 3.78 %
- Promoter holding: 59.16 %
- Debt to equity: 1.13
- Price to book value: 3.26
10. Sobha Ltd.
Sobha Ltd was established in the year 1995. Headquarters located in Bangalore, India. The Company is involved in the construction and development of residential and industrial projects. The Company is involved in contractual projects as well.
- Revenue: 446.50 cr
- Profit: 16.2 crore
- Market Cap: ₹ 4,247 Cr.
- ROE: 12.1 %
- Sales Growth (3Yrs): 6.6%
- Promoter holding: 52%
- Debt to equity: 1.28
- Price to book value: 1.75