Top 10 Real Estate Companies in India 2023

This is about the List of Top Real Estate Companies in India now take a look at the Real estate Industry. The Total size of the real estate industry is at USD 170 billion (Rs 12,24,000 Cr). Being India’s second-largest employer, the sector holds a prominent place in the country’s commercial system, and any shifts in it impact the economy as a whole.

The residential market in India has cumulative sales of residential apartments standing at 2,44,830 units and new apartment launches at 2,33,387 units (Source: JLL India).

List of top real estate companies in India

Here is the List of Top Indian Real Estate Companies which sorted out based on the Total Turnover.

10. Sunteck Realty Ltd

Sunteck Realty Limited (SRL) is a Mumbai-based real estate development company, catering to the ultra-luxury and luxury residential segment. It is the leading real estate companies in Mumbai.

• Sales₹ 290 Cr.
• Operating profit₹ 9.07 Cr.
• Net profit₹ -30.3 Cr.
• Sales last year₹ 362 Cr.
• EBIDT last year₹ 99.6 Cr.

SRL boasts of a city-centric development portfolio of about 30 million square feet spread across 25 projects at various stages of development. It is one of the top real estate companies in India

• Total Assets₹ 7,258 Cr.
• Reserves₹ 2,774 Cr.
• Debt₹ 685 Cr.
• Debt to equity0.25
• Dividend yield0.33 %
• Face value₹ 1.00
• ROE 5Yr2.70 %
• ROCE2.56 %
• ROCE 3Yr3.29 %
• Return on equity0.05 %

It one of the most trusted real estate companies in Mumbai with breathtaking luxury properties in Mumbai. The company within a span of 4 years has completed 6 projects with a developed area of about 2 million square feet comprising of residential and commercial developments.

Indiabulls Real Estate Ltd

Indiabulls Real Estate stands for excellence and luxury in residential and commercial properties. It was incorporated in 2006 with its focus on construction and development of residential, commercial and SEZ projects across major Indian metros. Indiabulls Real Estate is one of the largest real estate company in Chennai.

It has delivered iconic commercial developments of over 3.3 million sq. ft. in Mumbai namely – 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.

8. Omaxe Ltd

With 118.61 million sq. ft. of delivered space in real estate and construction contracting, Omaxe is today one of India’s leading and trusted real estate companies.

• Sales₹ 866 Cr.
• Operating profit₹ -372 Cr.
• Net profit₹ -407 Cr.
• Sales last year₹ 773 Cr.
• EBIDT last year₹ -280 Cr.

The brand ‘Omaxe’ was founded in 1987 by visionary first-generation entrepreneur & civil engineer Mr. Rohtas Goel to undertake construction and contracting business. Subsequently, the company diversified into the real estate sector in 2001 and got listed on both stock exchanges (BSE and NSE) in 2007.

• Total Assets₹ 13,560 Cr.
• Reserves₹ 715 Cr.
• Debt₹ 1,007 Cr.
• Debt to equity1.01
• Dividend yield0.00 %
• Face value₹ 10.0
• ROE 5Yr-10.2 %
• ROCE-15.7 %
• ROCE 3Yr-7.71 %
• Return on equity-30.0 %

Today, the company is present in 27 cities across 8 states namely Uttar Pradesh, Madhya Pradesh, Punjab, Haryana, Uttarakhand, Rajasthan, Delhi, Himachal Pradesh and possesses a diversified product portfolio that includes Hi-Tech Townships, Integrated Townships, Group Housing, Shopping Malls, Office Spaces, SCOs, and Hotel.

It is currently undertaking 21 real estate projects – 5 Group Housing, 9 Townships, 7 Commercial Malls/office spaces/Hotels/ SCOs.

7. Godrej Properties Ltd

Godrej Properties development combines a 122–year legacy of excellence and trust. In 2010, Godrej Properties became a publicly listed company through a successful IPO in which it raised USD 100 million. It is among top 10 real estate companies in Hyderabad.

• Sales₹ 13,640 Cr.
• Operating profit₹ 2,552 Cr.
• Net profit₹ 1,676 Cr.
• Sales last year₹ 13,316 Cr.
• EBIDT last year₹ 2,562 Cr.

The CII-Godrej Green Building Center in Hyderabad, when it was completed in 2004, was the first LEED Platinum building outside of the United States and was the single highest-rated LEED building in the world. 

• Total Assets₹ 17,437 Cr.
• Reserves₹ 13,692 Cr.
• Debt₹ 1,130 Cr.
• Debt to equity0.08
• Dividend yield0.00 %
• Face value₹ 1.00
• ROE 5Yr19.3 %
• ROCE16.5 %
• ROCE 3Yr18.3 %
• Return on equity13.5 %

Godrej Garden City, in Ahmedabad, was selected as one of only 2 projects in India and 16 worldwide by The Clinton Foundation to partner with them in the goal of achieving a climate positive development. In 2016, The company stood 2nd in Asia and 5th in the world in the GRESB (Global Real Estate Sustainability Benchmarking) study, which is an industry-led sustainability and governance benchmarking platform. 

6. Phoenix Mills Ltd

India’s largest retail-led mixed-use developer. The Phoenix Mills Ltd is poised to carve a niche for itself in the Indian real estate sector, be it mega retail malls, entertainment complexes, commercial spaces or hospitality units. Its operations span across most aspects of real estate development; planning, execution, marketing, management, maintenance & sales.

• Sales₹ 2,875 Cr.
• Operating profit₹ 1,688 Cr.
• Net profit₹ 1,016 Cr.
• Sales last year₹ 2,616 Cr.
• EBIDT last year₹ 1,635 Cr.

The group has real estate assets in Mumbai, Bengaluru, Chennai, Pune, Agra, Indore, Lucknow, Bareilly & Ahmedabad. The company is among the top real estate companies in Mumbai.

• Total Assets₹ 17,426 Cr.
• Reserves₹ 8,344 Cr.
• Debt₹ 4,259 Cr.
• Debt to equity0.51
• Dividend yield0.28 %
• Face value₹ 2.00
• ROE 5Yr7.57 %
• ROCE9.94 %
• ROCE 3Yr6.35 %
• Return on equity11.4 %

5. Oberoi Realty Ltd

Over the past three decades, Oberoi Realty built growth and high-stature through consistent high-design and quality parameters that have truly made a significant difference to ease, comfort and efficiency to lives that interact with or inhabit these spaces. It is one of the best top real estate companies in Mumbai.

• Sales₹ 4,189 Cr.
• Operating profit₹ 2,093 Cr.
• Net profit₹ 1,823 Cr.
• Sales last year₹ 4,193 Cr.
• EBIDT last year₹ 2,398 Cr.

The Company has developed over 42 projects at strategic locations across the Mumbai skyline aggregating about 11.89 million sq. ft. of spaces (group entity including promoter group). With another 27.43 million sq. ft in the making, The company has aggressive plans for upcoming projects in various parts of Mumbai and other regions.

• Total Assets₹ 18,626 Cr.
• Reserves₹ 11,847 Cr.
• Debt₹ 3,944 Cr.
• Debt to equity0.32
• Dividend yield0.36 %
• Face value₹ 10.0
• ROE 5Yr11.2 %
• ROCE16.0 %
• ROCE 3Yr12.4 %
• Return on equity16.6 %

4. Brigade Enterprises Ltd

India’s leading property developers with over three decades of expertise in building positive experiences for all our stakeholders and winning customer’s trust. It is one of the top 10 real estate companies in Chennai.

• Sales₹ 3,196 Cr.
• Operating profit₹ 801 Cr.
• Net profit₹ 179 Cr.
• Sales last year₹ 3,445 Cr.
• EBIDT last year₹ 969 Cr.

Founded in 1986, The company developed many landmark buildings and transformed the city skyline of cities across South India namely: – Bengaluru, Mysuru, Mangaluru, Hyderabad, Chennai and Kochi with developments across Residential, Offices, Retail, Hospitality, and Education Sectors.

• Total Assets₹ 16,365 Cr.
• Reserves₹ 3,014 Cr.
• Debt₹ 4,634 Cr.
• Debt to equity1.43
• Dividend yield0.34 %
• Face value₹ 10.0
• ROE 5Yr4.83 %
• ROCE8.41 %
• ROCE 3Yr6.21 %
• Return on equity6.34 %

Brigade’s residential portfolio includes villas, villaments, penthouses, premium residences, luxury apartments, value homes, urban studios, independent living for seniors and mixed-use lifestyle enclaves and townships.

Brigade’s retail projects include Orion Mall, Orion East, and Orion OMR. Brigade’s hospitality offerings include star hotels, recreational clubs and convention centers, Celebrations Catering & Events and The Baking Company.

Since its inception in 1986, Brigade has completed over 250 buildings amounting to 66 million sq. ft of developed space in residential, offices, retail and hospitality sectors across 7 cities.

3. NBCC India Ltd

Founded in 1960 as a Govt. of India Civil Engineering Enterprise, NBCC with its Headquarter in Delhi, today, holds the status of Navratna CPSE and has emerged as the undisputed leader in the Construction Sector on the back of its capabilities, innovative approach, adherence to the highest standard of quality, timely delivery and a dedicated workforce.

• Sales₹ 6,849 Cr.
• Operating profit₹ 300 Cr.
• Net profit₹ 307 Cr.
• Sales last year₹ 6,736 Cr.
• EBIDT last year₹ 489 Cr.

NBCC’s areas of operation encompass three (03) Primary Segments namely:

• Real Estate Development: Developing Residential and Commercial inventories for Governments and the Public at large
• Project Management Consultancy (PMC) : Executing landmark projects in diversified sectors as also Redevelopment Projects for Government.
• Engineering Procurement & Construction (EPC): Working in a niche market and constructing Chimneys, Cooling Towers for Power Sector.

2. DLF Ltd

Founded in 1946 by Chaudhary Raghvendra Singh, DLF started with the creation of 22 urban colonies in Delhi. In 1985, the company expanded into the then-unknown region of Gurugram, creating an exceptional living and working spaces for the new Indian global professionals.

• Sales₹ 5,676 Cr.
• Operating profit₹ 1,708 Cr.
• Net profit₹ 2,091 Cr.
• Sales last year₹ 5,695 Cr.
• EBIDT last year₹ 2,030 Cr.

Today, DLF is the largest publicly listed real estate company in India, with residential, commercial, and retail properties in 15 states and 24 cities.

The Company’s diverse verticals reflect a dedication to developing ecosystems for India’s changing needs. DLF Ltd is the Largest real estate company in India in terms of total sales.

• Total Assets₹ 52,572 Cr.
• Reserves₹ 37,192 Cr.
• Debt₹ 3,334 Cr.
• Debt to equity0.09
• Dividend yield0.73 %
• Face value₹ 2.00
• ROE 5Yr3.57 %
• ROCE4.61 %
• ROCE 3Yr4.58 %
• Return on equity5.47 %

1. Prestige Estates Projects Ltd

Over the last decade, the Prestige Group has firmly established itself as one of the leading and most successful developers of real estate in India by imprinting its indelible mark across all asset classes. It is one best top real estate companies in Chennai.

• Sales₹ 8,057 Cr.
• Operating profit₹ 2,143 Cr.
• Net profit₹ 1,134 Cr.
• Sales last year₹ 8,315 Cr.
• EBIDT last year₹ 2,536 Cr.

Founded in 1986, Having completed 210 projects covering over 80 million sq ft, currently, the company has 53 ongoing projects spanning 54 million sq ft and 35 upcoming projects aggregating to 48 million sq ft of world-class real estate space across asset classes.

• Total Assets₹ 36,271 Cr.
• Reserves₹ 9,574 Cr.
• Debt₹ 9,420 Cr.
• Debt to equity0.94
• Dividend yield0.22 %
• Face value₹ 10.0
• ROE 5Yr7.10 %
• ROCE10.3 %
• ROCE 3Yr9.84 %
• Return on equity7.50 %

In October 2010, the Prestige Group also successfully entered the Capital Market with an Initial Public Offering of Rs 1200 cr. Now with 205 landmark developments across the city, the company has extended its expertise to major cities across South India including Chennai, Hyderabad, Kochi, Mysore, Mangalore, and Goa. 

Which is the largest real estate company in India?

DLF Limited is the largest real estate company in India in terms of Total sales which has a turnover of Rs 7,766 Cr.