Adani Realty Claims Top Spot as Most Valuable Unlisted Real Estate Firm in India
Adani Realty tops Hurun’s 2025 list as India’s most valuable unlisted real estate company with ₹52,400 crore valuation. File Photo
Mumbai, July 31: Adani Realty has once again secured its position as the most valuable unlisted real estate company on the ‘2025 GROHE-Hurun India Real Estate 150 list’, it was announced on Thursday.
Adani Realty Leads Unlisted Segment with ₹52,400 Cr Valuation
Valued at Rs 52,400 crore, Adani Realty continues its focus on large-scale urban projects and redevelopment initiatives across Indian cities, as noted in the report by Hurun Research Institute. The company has been a frontrunner in the Indian real estate sector, consistently delivering high-quality projects that cater to both residential and commercial needs.
India’s Real Estate Market Valued at ₹16 Lakh Cr in 2025
The report said that India's top real estate firms are valued at Rs 16 lakh crore or $188 billion, up by Rs 1.9 lakh crore. Their total value grew by only 14 per cent, a sharp drop from last year's 70 per cent growth and the lowest on record for the list. This modest growth is attributed to the stable interest rates and strong housing demand, which have helped the sector recover post-April.
DLF Remains Most Valuable Overall at ₹2 Lakh Cr
DLF remains India's most valuable real estate company at Rs 2 lakh crore. Adani Realty is the top unlisted firm, valued at Rs 52,400 crore. DLF's strong performance is a testament to its robust business model and strategic investments across various segments of the real estate market.
Mumbai Leads with 42 Firms Valued at ₹6.96 Lakh Cr
Mumbai leads India's real estate sector, with 42 listed companies valued at Rs 6,96,800 crore. There is the emergence of 63 new entrants to the list, with 29 of these entrants debuting directly into the Top 100 in the list. This indicates a growing interest and investment in the real estate sector, particularly in major metropolitan areas like Mumbai.
The overall real estate landscape in financial year 2025 presented a more modest growth trajectory, with the combined value of India's most valuable real estate companies reaching Rs 16 lakh crore or $188 billion, an increase of Rs 1.9 lakh crore from the previous year. The real estate sector added Rs 1.4 lakh crore in value, driven by a sharp rebound post-April, as stable interest rates and strong housing demand aided recovery.
Of the top 10 on the real estate rich list, four are from Bengaluru, three from Mumbai, two each from Hyderabad and Delhi-NCR, and one from Ahmedabad. This geographical distribution highlights the diverse nature of the Indian real estate market and the key cities that drive its growth.
Rajiv Singh, DLF, Tops Individual Wealth List with ₹1.27 Lakh Cr
Rajiv Singh from DLF leads the list with a wealth of Rs 1.27 lakh crore, followed by Mangal Prabhat Lodha and the family of Lodha Developers with Rs 92,340 crore. Their success underscores the importance of leadership and strategic vision in the real estate sector, where market conditions can be highly dynamic and competitive.
The 2025 GROHE-Hurun India Real Estate 150 list provides a comprehensive overview of the Indian real estate market, highlighting the key players and trends that are shaping the sector. As the market continues to evolve, companies like Adani Realty and DLF are expected to play a significant role in driving growth and innovation in the years to come.
