DLF, at position 30, is India’s leading real estate developer, followed by Macrotech Developers, at position 58. In third place, at position 105, is Godrej Properties.

Axis Bank’s private banking divisions Burgundy Private and Hurun India have released a list of fifteen real estate firms in India. These companies include DLF, Macrotech, and Godrej Properties. 

With a market capitalization of Rs 15.65 lakh crore, Reliance Industries holds the third year’s top position. In second place, valued at Rs 12.4 lakh core, is Tata Consultancy Services; at  Rs 11.3 lakh crore, is HDFC Bank.  

The qualifying amount for the 2023 Burgundy Private Hurun India 500 is Rs 6,700 crore threshold from the year prior. 

On the list of real estate developers, DLF is at number 30, and Macrotech Developers is 58. According to the list, Godrej Properties comes in third place with a score of 105. 

Oberoi Realty is at position 115, The Phoenix Mills is at position 138, and Prestige Estates Projects is at position 151. The list places Bagman Developers at number 230, Mindspace Business Parks REIT at number 228, and Embassy Office Parks REIT at number 154. 

The list places Brigade Enterprises at number 275, DB Realty at 428, Signature Global at 451, NoBroker at 455, AnantRaj at 462, and Sobha at 500. 

This year has seen some notable changes in the real estate industry. Three new entrants have joined the market, demonstrating the industry. Anas Rahman Junaid, Founder and Chief Researcher of Hurun India, stated, “It is impressive that nine major companies have seen significant wealth growth. With an outstanding 70% lead, DLF closely follows Prestige Estate Projects at 44% and Microtech Developers at 54%. 

“Mumbai and Bengaluru each have six real estate firms, indicating the strength of these markets. Beyond the individual achievements, the sector’s overall growth contributes significantly to India’s GDP, demonstrating the industry’s critical role in the country’s economic structure. The current trend points to bright futures and an exciting time for the real estate industry,” he stated.