India Takes the Lead: 36 Realty Firms Valued over $1 Billion, Overtaking China

India's real estate sector is booming, with 36 companies valued at over $1 billion each, surpassing China's numbers. DLF, Macrotech Developers, and The Indian Hotels Company top the list.

Real EstateIndiaChinaBillion Dollar CompaniesHurun Research InstituteReal EstateJul 12, 2024

India Takes the Lead: 36 Realty Firms Valued over $1 Billion, Overtaking China
Real Estate:In a significant milestone, India has surpassed China in the number of billion-dollar real estate companies. According to the latest data from the Hurun Research Institute, India is now home to 36 realty companies valued at more than one billion dollars each, a remarkable jump from just seven companies six years ago.

Leading the pack is DLF, India's most valuable real estate company, with a staggering valuation of ₹2 lakh crore. Macrotech Developers follows closely, holding the second spot with a valuation of ₹1.4 lakh crore. The Indian Hotels Company, popularly known as the Taj Group, ranks third with a valuation of ₹79,150 crore.

Godrej Properties has doubled its worth with a remarkable 100% increase since last year, securing the fourth position with a valuation of ₹77,280 crore. Oberoi Realty takes the fifth spot with a valuation of ₹66,200 crore. Prestige Estates Projects has showcased an incredible 230% growth over the past year, ranking sixth with a valuation of ₹63,980 crore.

Adani Realty has made a notable entry into the top 10, growing 62% year-on-year with a valuation of ₹56,500 crore, making it the most valuable unlisted real estate company on the list. The Phoenix Mills ranks eighth with a valuation of ₹55,740 crore, experiencing an impressive 112% growth over the past year.

Chandu Raheja's K Raheja Group holds the ninth position, valued at ₹55,300 crore. Finally, Embassy Office Parks rounds out the top 10 with a valuation of ₹33,150 crore, reflecting a 14% growth over the past year.

Information
Hurun Research Institute is a leading research firm that tracks and ranks the most valuable companies globally. The 2024 GROHE-Hurun India Real Estate 100 is a comprehensive list of India's top real estate companies.

DLF is a leading Indian real estate company that has been a pioneer in the sector for over 70 years. Macrotech Developers is a prominent real estate developer with a focus on residential and commercial projects. The Indian Hotels Company, popularly known as the Taj Group, is a leading hospitality company with a portfolio of luxury hotels. Godrej Properties is a leading real estate developer with a focus on residential and commercial projects. Oberoi Realty is a prominent real estate developer with a focus on luxury residential projects. Prestige Estates Projects is a leading real estate developer with a focus on residential and commercial projects. Adani Realty is a leading real estate developer with a focus on residential and commercial projects. The Phoenix Mills is a leading real estate company with a focus on retail and commercial projects. K Raheja Group is a leading real estate developer with a focus on residential and commercial projects. Embassy Office Parks is a leading real estate company with a focus on commercial projects.

Frequently Asked Questions

How many billion-dollar real estate companies does India have?

India has 36 billion-dollar real estate companies, surpassing China's numbers.

Which is the most valuable real estate company in India?

DLF is the most valuable real estate company in India, with a valuation of ₹2 lakh crore.

What is the growth rate of Prestige Estates Projects over the past year?

Prestige Estates Projects has showcased an incredible 230% growth over the past year.

Which company has made a notable entry into the top 10 with a 62% year-on-year growth?

Adani Realty has made a notable entry into the top 10 with a 62% year-on-year growth.

Which company has experienced an impressive 112% growth over the past year?

The Phoenix Mills has experienced an impressive 112% growth over the past year.

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