DLF's Rajiv Singh Leads 2025 GROHE-Hurun India Real Estate Rich List
Rajiv Singh from DLF tops the 2025 GROHE-Hurun India Real Estate Rich list with a wealth of ₹1.27 lakh crore, followed by Mangal Prabhat Lodha and the family of Lodha Developers.
Real EstateWealthDevelopersDlfLodha DevelopersReal Estate NewsJul 31, 2025
Of the top 10 on the real estate rich list, four developers are from Bengaluru, three from Mumbai, two each from Hyderabad and Delhi-NCR, and one from Ahmedabad. This geographical diversity highlights the robust growth of the real estate sector across different regions of India.
The fourth in the rich list is Vikas Oberoi of Oberoi Realty with a wealth of ₹46,950 crore, and fifth is Basant Bansal and family of M3M India with a wealth of ₹37,390 crore. Atul Ashokkumar Ruia and family of The Phoenix Mills have ranked sixth with a wealth of ₹26,140 crore, while Raja Bagmane and family of Bagmane Developers have ranked seventh with a wealth of ₹25,270 crore.
The eighth and ninth spots went to S Subramanyam Reddy and C Venkateswara Reddy of Aparna Constructions and Estates, who have a wealth of ₹18,690 crore and ₹18,490 crore, respectively. Irfan Razack and family, Noaman Razack and family, and Rezwan Razack and family, all three of Prestige Estates Projects, are in the 10th spot with a wealth of ₹14,510 crore each.
Among the top gainers in 2025, Raja Bagmane of Bagmane Developers emerged with the highest percentage growth, followed by Atul Ashokkumar Ruia of The Phoenix Mills and Vikas Oberoi of Oberoi Realty, both of whom posted healthy gains of 10% and 5% that helped solidify their positions among the upper ranks.
According to the report, DLF leads with 349 million sq ft developed, followed by Godrej Properties, which ranks second with 223 million sq ft. Prestige Estates Projects is third with 180 million sq ft developed, SOBHA is fourth with 136 million sq ft, BL Kashyap & Sons ranks fifth with 125 million sq ft, and Lodha Developers is sixth with 100 million sq ft.
The report also highlighted the significant reduction in debt by some of the top real estate companies. Oberoi Realty reduced its debt by ₹1,449 crore, bringing its total debt down to ₹2,495 crore. Lodha Developers followed with a reduction of ₹1,363 crore, bringing its total debt to ₹7,698 crore. Juniper Hotels, Omkar Realtors, and Bagmane Developers ranked third, fourth, and fifth, respectively, in terms of debt reduction.
DLF, one of the largest real estate developers in India, has a rich history dating back to 1956. The company has been a pioneer in the development of integrated townships, commercial, and residential projects. DLF's commitment to innovation and quality has earned it a reputation as a leader in the industry. The company's success is a testament to its strategic vision and strong market presence.
Frequently Asked Questions
Who leads the 2025 GROHE-Hurun India Real Estate Rich list?
Rajiv Singh from DLF leads the 2025 GROHE-Hurun India Real Estate Rich list with a wealth of ₹1.27 lakh crore.
What is the wealth of Mangal Prabhat Lodha and the family of Lodha Developers?
Mangal Prabhat Lodha and the family of Lodha Developers have a wealth of ₹92,340 crore.
Which cities are represented by the top 10 real estate developers on the list?
The top 10 real estate developers on the list are from Bengaluru, Mumbai, Hyderabad, Delhi-NCR, and Ahmedabad.
How much real estate wealth does Vikas Oberoi of Oberoi Realty have?
Vikas Oberoi of Oberoi Realty has a real estate wealth of ₹46,950 crore.
Which company reduced its debt by the highest amount?
Oberoi Realty reduced its debt by ₹1,449 crore, bringing its total debt down to ₹2,495 crore.
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