DLF's Rajiv Singh Tops List of Richest Real Estate Promoters, Gautam Adani at Number Three
DLF’s Rajiv Singh remains the wealthiest real estate promoter in India, according to the 2025 Grohe-Hurun India Real Estate 150 report. Gautam Adani, despite a 7% drop in real estate wealth, ranks third.
Real EstateDlfRajiv SinghGautam AdaniAdani PropertiesReal EstateJul 31, 2025
Singh is followed by real estate magnate and politician Mangal Prabhat Lodha's family, which owns Lodha Developers (formerly Macrotech Developers). The promoters' stake is valued at Rs 92,340 crore, while the Mumbai-based developer is valued at around Rs 1.38 lakh crore.
The report also found that Adani Group chairman Gautam Adani's real estate wealth, valued at around Rs 52,320 crore, would make him the third wealthiest real estate promoter in India. This is despite a 7 percent drop in his real estate wealth from June 2024 to June 2025, compared to the previous period.
Gautam Adani's family owns Adani Properties, which is developing multiple large, township-like projects in cities like Mumbai, most notably the Dharavi redevelopment project, as well as similar projects at Bandra Reclamation, and most recently in Goregaon's Motilal Nagar. The company has also pursued group housing projects in areas such as Andheri, Ghatkopar, Kanjurmarg, and Bandra (East).
The company is planning other township projects near the under-construction Navi Mumbai International Airport as well, which is being built by the Adani Group and is scheduled to be operational later this year.
In the Grohe-Hurun India report, Adani Properties, which markets its projects under the Adani Realty brand, was reported to be the most valued unlisted real estate firm in India, valued at Rs 52,400 crore. Unlike other new businesses of the Adani Group that are incubated by group flagship Adani Enterprises, Adani Properties is held directly by the promoters. Gautam Adani has publicly expressed a desire to become one of the top pan-India real estate developers, including in Mumbai, India's largest residential real estate market.
In its home base of Ahmedabad, the company is also pursuing multiple group housing projects, and has also built the Shantigram development near its corporate headquarters in the city. The company has built up significant land parcels in major markets like Mumbai, either through direct ownership, or by gaining development rights as per regulations in the Slum Rehabilitation Authority and the Maharashtra Housing and Area Development Authority.
Frequently Asked Questions
Who is the richest real estate promoter in India according to the 2025 Grohe-Hurun India Real Estate 150 report?
DLF’s chairman Rajiv Singh is the richest real estate promoter in India, with a wealth of around Rs 1.28 lakh crore.
What is the value of DLF, the company chaired by Rajiv Singh?
DLF, the company chaired by Rajiv Singh, is valued at Rs 2.07 lakh crore.
Who is the second richest real estate promoter in India?
Mangal Prabhat Lodha's family, which owns Lodha Developers, is the second richest with a promoters' stake valued at Rs 92,340 crore.
What is the current real estate wealth of Gautam Adani?
Gautam Adani's real estate wealth is valued at around Rs 52,320 crore, making him the third wealthiest real estate promoter in India.
What major projects is Adani Properties developing in Mumbai?
Adani Properties is developing multiple large, township-like projects in Mumbai, including the Dharavi redevelopment project, Bandra Reclamation, and Goregaon's Motilal Nagar.
Related News Articles
Mhada Identifies 20 Dangerous Cessed Buildings in Mumbai
The Mumbai Buildings Repairs and Reconstruction Board (MBRRB) has released a list of 20 dangerous and inhabitable buildings in Mumbai.
Kolkata's Real Estate Giant Unveils Private Sports Facility Inspired by NCA
Sandeep Patil, former India cricketer, has been appointed as the head of a new private sports facility in Kolkata, inspired by the National Cricket Academy in Bengaluru.
Pune Luxury Car Accident: Court Grants Bail to Father and Grandfather of Accused Teen
A Pune court has granted bail to the father and grandfather of a 17-year-old accused of running over two people with a luxury car while intoxicated.
BJP Functionary Held for Coercing City-Based Realtor
A BJP functionary was arrested by the city police for allegedly threatening a realtor and demanding that he register a 15-acre plot in his name.
Suryakumar Yadav's ₹21.1 Crore Mumbai Property Purchase: A New Era for Cricket Stars in Real Estate
Explore how Suryakumar Yadav's major real estate investment in Mumbai is reshaping the financial strategies of Indian cricketers. Is real estate the new frontier for their wealth management?
How Technology is Reshaping India's Real Estate Market
The latest episode of the Mint special series, Life's True Value, delves into the transformative impact of technology on India's real estate sector, exploring how luxury homes and the broader market are adapting to the digital age.