DLF, Lodha, and Indian Hotels Company Top the Hurun India Real Estate List
DLF Ltd has retained its position as India's most valuable real estate company, followed by Lodha Developers and Indian Hotels Company (The Taj Group of Hotels). The Grohe-Hurun India Top 150 Real Estate Companies list saw a modest 14% growth in cumulative value, reflecting the industry's resilience amidst global challenges.
Real EstateDlfLodhaIndian Hotels CompanyHurun IndiaReal Estate NewsJul 31, 2025
Released on Thursday, the cumulative value of the 150 companies on the list grew by just 14%, compared to 70% last year, marking the lowest growth in the history of the list. Despite this, the combined value of these companies stood at ₹16 lakh crore, an increase of ₹1.9 lakh crore from last year. This total is higher than the GDP of Kuwait and the combined GDP of Jordan and Bulgaria.
Despite early-year turbulence due to global conflicts and input cost pressures, the industry added ₹1.4 lakh crore in value, led by a sharp post-April recovery. DLF, Prestige Estates Projects Ltd, and Anant Raj posted over 20% rebounds in just two months, according to Anas Rahman Junaid, Founder and Chief Researcher of Hurun India.
Of the 63 new entrants this year, Ritesh Agarwal-led Oyo found its way into the list for the first time, and it even made it into the top 15. Meanwhile, Adani Realty reclaimed the top spot as the most valuable unlisted real estate company. Over 51% of these 150 companies saw their value increase, compared to 86% last year.
Mumbai topped the list with 42 companies, followed by Bengaluru with 23 and New Delhi with 16. The youngest company to debut on the list was Deepak Parekh-led Schloss Bangalore, valued at ₹13,600 crore. The company was founded just six years ago.
The list includes only four women-led companies. These include Pavitra Shankar of Brigade Enterprises Ltd (₹27,200 crore), Priya Paul of Apeejay Surrendra Park Hotels (₹3,600 crore), Jyotsna Suri of The Lalit (₹3,000 crore), and Meenakshi Ramji of Sowparnika (₹2,800 crore).
Despite the challenges, the real estate sector continues to show resilience and adaptability, with key players like DLF, Lodha, and Indian Hotels Company leading the way. The inclusion of new entrants and the strong performance of established companies highlight the sector's potential for growth and innovation.
Frequently Asked Questions
What is the Grohe-Hurun India Top 150 Real Estate Companies list?
The Grohe-Hurun India Top 150 Real Estate Companies list ranks the most valuable real estate companies in India based on their market value. It is compiled annually by Hurun India and provides insights into the performance and valuation of leading real estate firms.
Who are the top three companies on the list?
The top three companies on the Grohe-Hurun India Top 150 Real Estate Companies list are DLF Ltd, Lodha Developers, and Indian Hotels Company (The Taj Group of Hotels).
What was the growth in the cumulative value of the companies on the list?
The cumulative value of the 150 companies on the list grew by 14%, which is the lowest growth in the history of the list. However, the combined value of these companies stood at ₹16 lakh crore, an increase of ₹1.9 lakh crore from the previous year.
Which city has the most companies on the list?
Mumbai has the most companies on the list with 42, followed by Bengaluru with 23 and New Delhi with 16.
How many women-led companies are on the list?
There are four women-led companies on the list. These include Pavitra Shankar of Brigade Enterprises Ltd, Priya Paul of Apeejay Surrendra Park Hotels, Jyotsna Suri of The Lalit, and Meenakshi Ramji of Sowparnika.
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