India Emerges as a Real Estate Powerhouse in Asia
India's real estate sector is witnessing unprecedented growth, with the total valuation of top 100 realty companies reaching Rs 14.2 trillion, a report reveals.
Real EstateIndiaAsiaProperty MarketInvestmentReal Estate NewsJul 11, 2024
Gurugram-based DLF has emerged as the most valued real estate company in India, with a valuation of Rs 2,02,140 crore. The company witnessed a significant growth of 72% in the 12 months preceding May 31. This growth is comparable to the strong performance of the BSE Realty Index, which grew by 110% during the same period.
Other real estate companies that have witnessed substantial growth include Unitech, Tata Realty, and Puravankara. Unitech topped the list with a staggering 622% gain, currently valued at Rs 2,590 crore. Tata Realty followed with a 554% gain, valued at Rs 8,670 crore, while Puravankara witnessed a 382% growth, valued at Rs 9,520 crore.
Information
GROHE is a leading global brand for complete bathroom solutions and kitchen fittings, while Hurun is a research organization that publishes annual lists of the wealthiest individuals and companies in India.
DLF is a real estate developer based in Gurugram, India, with a presence in 15 states and 24 cities across the country. The company has developed over 400 million sq ft of real estate, with a focus on residential, commercial, and retail projects.
Frequently Asked Questions
What is the total valuation of the top 100 realty companies in India?
The total valuation of the top 100 realty companies in India currently stands at Rs 14.2 trillion.
Which is the most valued real estate company in India?
Gurugram-based DLF is the most valued real estate company in India, with a valuation of Rs 2,02,140 crore.
What is the growth rate of the BSE Realty Index?
The BSE Realty Index grew by 110% during the period under consideration.
Which real estate company witnessed the highest growth in valuation?
Unitech witnessed the highest growth in valuation, with a staggering 622% gain, currently valued at Rs 2,590 crore.
What is the total worth of real estate transactions in India?
The total worth of real estate transactions in India is $36 billion.
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