string(48) ‘ for the entire year ended 03 31, 2010 and Rs 1658\. ‘
India’s real estate market is usually on a large growth shape. The industry is expected to develop to US$50 billion at the conclusion of FY2010 at an normal rate of 20%. Looking at the bigger picture, the economic depression seems like a hiccup.
Irrespective of talks of price correction, the a whole lot worse is definitely in back of us. With this feature, all of us present the list of market leaders. The job was dauntingand complicated. Rather than list that says India’s Top 20, we divided “” regionally based on their headquarters. Many are countrywide players however, many are simply regional players and hence it might be unfair to compare them.
The idea was to identify national as well as community leaders. Naturally , all these kinds of lists happen to be subject to marketplace dynamics. TOP RATED REAL ESTATE CORPORATIONS FROM NORTH DLF Ltd Headed by simply: Dr Kushal Pal Singh, Chairman Regarding: With a track record of 64 years, DLF is India’s largest real estate property company regarding revenues, profits, market capitalization and developable area. It currently provides pan India presence around 30 metropolitan areas with about 238 mil sq ft of accomplished development and 413 mil sq ft of prepared projects, which 56 , 000, 000 sq feet of assignments are below construction during FY10.
Project Spectrum: Non commercial, townships, industrial complexes, THIS Parks, resorts, multiplexes, and so forth Quick reality: Only shown real estate Business included in the BSE Sensex, NSE Nifty, MSCI India Index and MSCI Emerging Marketplaces Asia Index. Latest: Will need its luxury mall DLF Emporio (already operational in New Delhi) to different big cities such as Hyderabad and Chennai. OMAXE LIMITED Headed by: Rohtas Goel, CMD About: Over earlier times 22 years, Omaxe has established itself through various range of non commercial and commercial projects. The company at present offers 53 tasks under delivery and organizing.
Omaxe Ltd was the first Construction Company of northern India to receive a great ISO 9001: 2000 Certification. Project Spectrum: Integrated townships, Group enclosure, SEZs, Departmental stores & industrial complexes and hotels. Latest: Has entered into infrastructure sector through Omaxe Infrastructure & Construction Limited (OICL), a wholly owned supplementary. OICL features bagged the first agreement to construct Highway and 3 high level bridges in Punjab. The agreement is honored by Better Mohali Place Development Specialist and its value is pegged at Rs704 million. UNITECH Headed simply by: Ramesh Chandra, Executive Leader
About: Established in 1972, Unitech is today India’s leading real estate developer in India. It is the first developer to obtain been accredited ISO 9001: 2000 in North India. Project Variety: Unitech offers diversified jobs across household, commercial/IT recreational areas, retail, resorts, amusement parks and SEZs sectors. Unitech was the first real estate property company to be part of the National Stock Exchange’s NIFTY 50 Index. The company has above 600, 500 shareholders. Unitech and Norway based Telenor Group gathered to build Uninor , a telecommunication solutions company featuring GSM services across India.
Latest: Features ventured in to the infrastructure organization by releasing Unitech Infra. ANSAL API Headed simply by: Sushil Ansal, Chairman Regarding: Established in 1967 as being a family business, Ansal API today is definitely clearly amongst the real estate leaders of India. Having established itself very strongly inside the NCR location, Ansal API is now focusing on ventures in cities just like Bhatinda, Mohali, Amritsar, Ludhiana, Jalandhar, Jaipur, Jodhpur, Ajmer, Sonepat, Panipat, Karnal, Kurukshetra, Faridabad, Gurgaon, Greater Noida, and Ghaziabad, Meerut, Agra, Lucknow, to name a few.
Ansal API has right up until date, developed and shipped more than 190 million sq ft. The corporation currently includes a land reserve of about on the lookout for, 335 massive areas. Project Variety: Integrated Townships, Condominiums, Group Housing, Department stores, Shopping Complex, Hotels, SEZs, IT Theme parks and Facilities and Utility Services Most current: Raised Rs231. 4 crore through exclusive placement of stocks and shares with institutional investors pertaining to reducing its debt and execute ongoing projects. PARSVNATH DEVELOPERS LIMITED Headed by: Pradeep Jain, Chairman
About: Incorporated in July 1990 by Mr Jain in New Delhi, Parsvnath today has a substantive pan India presence in over forty-five cities across 16 states. The company provides emerged among the most intensifying and multi-faceted real estate and construction agencies in India. Project variety: Housing (premium, mid-market and affordable), office complexes, departmental stores & hypermarkets, hotels, multiplexes, IT Leisure areas and SEZs. Quick truth: First real estate company to have integrated with ISO 9001, 14001 and OHSAS 18001.
Latest revise: Has partnered with Crimson Fort Capital to execute a Concession Arrangement with DMRC for progress a prime Class A office project in New Delhi’s Connaught Place. TOP REAL-ESTATE COMPANIES BY WEST GODREJ PROPERTIES LTD Headed simply by: Milind Korde, MD Regarding: Established in 1990, Godrej Properties Ltd (GPL) delivers the Godrej Group philosophy of innovation and superiority to the real-estate industry. GPL aspires being among India’s top 3 real estate businesses while continuous to be the the majority of trusted identity in the industry.
GPL has accomplished several milestone projects and is currently expanding significant assignments in 14 cities throughout India. Godrej Properties Limited is listed within the Bombay Stock market (BSE) plus the National Stock market (NSE). Latest: Sold above 200 apartments rentals within a couple of days of launch of their project Godrej Frontier in Gurgaon. This can be a company’s initial residential task in northern India. K RAHEJA CORP Headed simply by: Chandru L Raheja, Chief About: Incorporated in 1956, this Mumbai based property giant has become engaged in real estate development for more than four decades.
K Raheja Corp has built residences, industrial buildings and hotels during India. The Group likewise diversified inside the hospitality sector in 1981and in the retail sector 20 years ago. The company provides several milestone projects to its credit across cities. Quick reality: K Raheja Corp features given a good commitment to have all of future projects undertaken anywhere in India to be Leed Certified Green Building Tasks. OBEROI REALTY LTD Advancing by: Vikas Oberoi, CMD About: Founded in 1998, the organization was lately in limelight for its GOING PUBLIC.
The Company’s consolidated total cash flow and consolidated net income after duty and prior period items as restated were Rs8, 054. 95 million and Rs4, 576. 20 million for the year ended March 31, 2010 and Rs 1658.
About: Established in 1969, Kalpataru is among the leading real-estate development groups in India. The Group has been active primarily in the Mumbai City Region (MMR) & Pune. It is also starting projects consist of key cities such as Hyderabad, Surat, Nagpur, Jaipur and Udaipur. The Kalpataru Group has passions in real estate property development, house and project management, executive, procurement and construction (EPC) contracting to get power transmitting and infrastructure projects which include road jobs, warehousing and logistics.
Task Spectrum: Primary has been around the development of superior residential, commercial, retail, included townships, life-style gated communities and redevelopment projects. DIE BAHN REALTY Advancing by: Vinod Goenka and Shahid Balwa About: It is certainly one of India’s most effective growing real estate companies based in Mumbai. The Company presently has more than 30 extremely premium jobs under several stages of planning and in addition completion in both Mumbai and Pune. It has 20. 5 million sq foot of saleable area of constant projects which has a projected area of 40. your five million sq ft in forthcoming and upcoming assignments.
DB Realty is widely listed company both on BSE and NSE with a industry capitalisation of more than Rs10000 crore. Latest: Several months ago, that bagged the justification to redevelop a sizable chunk of the 100-acre PWD government colony in Mumbai’s Bandra suburb. This will always be one of the biggest redevelopment projects in the city. BEST REAL ESTATE FIRMS FROM SOUTHERN REGION SOBHA BUILDERS LTD Advancing by: PNC Menon, Chief About: The Company was founded in 95 by PNC Menon after he delivered home from your Middle East where he was acclaimed intended for quality decorations and structure since 1977.
Today, this Rs10 billion plus company is one of the largest and only backward integrated company in the construction arena. Its BÖRSEGANG (ÖSTERR.) in 2006 was oversubscribed by simply 126 times that created history, getting the first event available in Of india capital market segments. Till time, Sobha features completed forty seven residential jobs, 13 commercial projects and 166 contractual projects covering up about 36 million sq ft area in 18 cities throughout India (as of 23 March 2010). The company currently has twenty-one ongoing non commercial projects aggregating to 8. 5 million sq ft, while 4. four million sq ft of contractual projects are below various stages of structure. BRIGADE GROUP Headed by: MR Jaishankar, CMD About: Established in year 1986, Brigade is definitely one of Southern region India’s leading property builders. It is headquartered in Bangalore with jobs extending around several main cities in South India like Chennai, Chikmagalur, Hyderabad, Kochi, Mangalore and Mysore. Project Spectrum: Brigade has a multi-domain portfolio that covers property advancement, property administration services, hospitality and education.
Latest: Groupe recently acquired the certificate from the Universe Trade Centers Association to classify and take care of its one million sq feet office tower system in its combined use project Brigade Gateway as ‘World Trade Centre Bangalore. PURAVANKARA GROUP Advancing by: Ravi Puravankara, Founder and CMD About: Established in 1975, the Group has grown being one of the leading real-estate developers in the country, mainly in the high quality housing segment. It has tasks across towns like Bangalore, Chennai, Kochi, Coimbatore, Hyderabad, Mysore, Kolkata and Colombo. The Group also has a presence in Dubai, UAE.
With a land bank of over 125 million sq ft, the Group features above 20 million sq ft of residential and commercial space currently below construction. Most recent: Recently launched Purva Venezia that recreates the beauty of Venice at Yelhanka in Bangalore. NITESH PROPERTIES Headed by: Nitesh Shetty, MD Regarding: Founded in 2004, Nitesh Estates is usually an integrated property development business headquartered in Bangalore. Job Spectrum: In only six years, the Company has taken more than nine million sq ft of space underneath development around housing, accommodations, office properties and departmental stores.
The company keeps growing even faster with strategies to expand its procedures in other metropolitan areas like Goa, Chennai, Hyderabad and Kochi. Nitesh Locations has to it is credit a series of firsts: the first in line to win India’s largest company housing task (ITC Limited), one among the first few to attract FDI in real estate (Och Ziff and Citigroup) and provides the distinction of bringing to India it is rather first Ritz Carlton. It has 27 ongoing and forth-coming projects in and around Bangalore and Goa. It has land financial institution of 19 million sq ft, which is developed in the next 4-5 years.
PRESTIGE ESTATES PROJECTS LIMITED Headed simply by: Irfan Razack, CMD About: Founded in 1986, Prestige provides completed a lot more than 142 jobs and provides 59 recurring projects. The corporation has existence in Bangalore, Chennai, Hyderabad, Kochi, Mysore as well as Goa. Project Spectrum: Develops tasks across sectors like residential, commercial, included township, selling, leisure & hospitality and mixed-use. Latest: Prestige brought up Rs12 billion rupees through its BÖRSEGANG (ÖSTERR.) recently. TOP RATED REAL ESTATE BUSINESSES FROM EAST AMBUJA REAL ESTATE Headed by: Harshavardhan Neotia, CMD
Regarding: Ambuja Real estate has been rendering housing in West Bengal, in a groundbreaking joint venture with West Bengal Housing Table for the past 12-15 years as Bengal Ambuja. The first real estate company in East India to get INTERNATIONALE ORGANISATION FÜR STANDARDISIERUNG: 9002 Certification, in 1999, Bengal Ambuja has additionally earned all of them the highest programmer rating in India , DRI coming from ICRA, in 2003. Project Spectrum: The Group includes a diversified existence across sections like non commercial, retail, business and food. The company is likewise planning an aggressive pan-India growth strategy to deliver a great unprecedented quantity of high-quality assignments.
Currently, it can be building more malls, hospitals, IT Recreational areas, luxury places, business accommodations and are actually aspiring to build a University or college. Latest: To get around Rs500 crore in developing 3 shopping malls underneath the ‘City Centre’ brand in Raipur, Haldia and Patna. MERLIN GROUP Headed by: Sushil Mohta, MD Regarding: Merlin Group is a known name inside the realty business of India’s eastern parts. The Group has grown above past 30 years with above 50 residential and business complexes as well as several stand alone projects.
Job Spectrum: Marteau Group provides innovated with assorted formats and core tasks including premium housing, important housing, nation homes and bungalows, niche malls, business office towers, IT buildings, resorts new technology clubs, and resorts, serviced apartment’s arena and townships. It also features presence in other parts of India with its different residential and commercial projects at Chennai, Chhattisgarh and Ahmedabad. PS GROUP Founded by: Pradip Kumar Chopra & Surendra Kumar Dugar About: Today, the original pair of founders is growing into a selection of seven players, with the second generation becoming a member of the business in right earnest.
Project Range: PS Group is active in the development of high grade residential things, integrated townships, commercial buildings, hotels, IT parks and a wide range of shopping malls. The company previously has accomplished 100 jobs with Trinity Plush and intends to complete one other 50 tasks in the next couple of years. HILAND GROUP Headed simply by: Nayan Basu, CEO Awarded with more than 50 multi-storeyed milestone developments adorning the views of Kolkata, the Hiland Group has today come about as one of the most crucial developers in Kolkata.
Latest: The Group has also created a 40: 50 partnership with Western Bengal Enclosure Board to create Bengal United Credit Belani Housing Ltd. Hiland Timber is the key project of this joint venture. It is a household development catering to a blend demographic profiles across IK, MIG and HIG. BELANI GROUP Went by: Nandu Belani Regarding: The Firm commenced businesses in Kolkata in 1967 and offers pioneered the business of building, promoting and developing high-rise apartments and business buildings inside the city during the last four many years. Some of the important rojects created by this Group are Local area Towers, IDBI Building, United kingdom Deputy Large Commission, Belmont Apartments, East End Gardens, Neelkamal, William shakespeare Court, Greenwoods and Palacio. The Group has occurrence across portions like included townships, household, commercial, full and hospitality. TOP REAL ESTATE PROPERTY COMPANIES TO WATCH OUT FOR We wind up our feature with five names to watch out for. TATA REAL ESTATE DEVELOPMENT BUSINESS Headed simply by: Brotin Banerjee, MD & CEO Regarding: Tata Real estate is a carefully held Public Limited Company and a subsidiary of Acara susunan acara Sons Limited.
Since is actually revival 5 years ago, Tata Casing has been focused on developing and transforming real estate development in India. With all the primary organization being the development of properties in residential, commercial and retail sectors, the company’s operations duration across numerous aspects of property development. With existing existence in Mumbai, Goa, Chandigarh, Bengaluru, Gurgaon, Pune, Lonavala, Talegaon and Kolkatta, the organization is in the process of expanding its projects to other parts of India around tier I and II cities.
Most current: Has released aggressive development plans to invest over Rs2500 crore inside the affordable and value homes segment by 2011. SUNIL MANTRI REALTY LTD Going by: Sunil Mantri Regarding: With considerable presence around residential, price tag, commercial, workplace, IT leisure areas and SEZ development, this provider is poised on the cusp of fast growth and expansion in to newer areas. The company has become poised to diversify in to hospitality and financial services sector in a significant way. With 300% expansion recorded in past times three years, the organization is one of the fastest-growing real estate businesses in India.
From a presence in 2 towns, it has cultivated miraculously to 14 towns in India and is venturing into Malaysia to build an ICT center in Johor. LODHA DESIGNERS Headed by simply: Abhisheck Lodha, MD About: Founded in 1980, Lodha Developers happen to be primarily Mumbai based with a few presence in Pune and Hyderabad. Lodha Developers provides comprehensive non commercial and work place solutions around real estate types and diverse consumer sections , coming from luxury backyard residences in South Mumbai to huge integrated townships in the and surrounding suburbs, from considerately designed business office environments to private villa retreats.
The group has prolonged this idea to office spaces too, where it was one of the first in India to introduce the idea of branded office spaces. Latest: Announcement of World 1, a landmark development over a 17 acre site, slated to be the highest residential advancement in the world. AKSHAYA PRIVATE LIMITED Headed by simply: T Chitty Babu, Chairman & CEO About: Headquartered in Chennai, Akshaya features successfully finished over 148 landmark jobs in a short time of 12-15 years.
Akshaya is one of the couple of CRISIL graded organizations in Chennai’s property space. Akshaya’s excellence in the endeavours has also resulted in the Integrated ISO 9001: 2008, ISO 14001: 2004, OHSAS 18001: 3 years ago Management System. The Integrated Management Certification, in addition, has been conferred on only 11 companies in India. Akshaya also achieved the feat of being one of the two companies in our country to win the SA eight thousand: 2008 Certification (the global social accountability standard for producing employee-friendly workplace).
Akshaya is actually foraying in commercial and IT space while conceptualizing state-of-the-art shopping malls and diversified operations in other parts of South India. Most recent: Recently launched its extravagance project, 36-Carat, which started to be the only project in Chennai to get the sought after ‘Chennai-5 Star’ rating. THE 3C FIRM Headed simply by: Three administrators including well known architect Vidur Bharadwaj About: Founded in: 2007, The 3C Organization has existence in the Delhi NCR. The corporation stands apart as a result of focus on creating and producing green jobs with on schedule delivery.
Their USP of developing environment friendly designs offers helped that carve a niche in the real-estate segment. The Company is currently developing projects really worth over Rs15000 crore. Task Spectrum: The 3C Firm has occurrence across segments such as household, commercial, THAT Parks and SEZs. Most recent: After the accomplishment of three green projects, it announced the launch of another green home project referred to as Lotus Zing. It has tied up with Kotak Property Fund with this project, with a total capital outlay of Rs850 crore.
