DLF Ltd. and Macrotech Developers are the most valued real estate family businesses in India, according to the 2024 Barclays Private Clients and Hurun India's most valuable family businesses research.
Real EstateFamily BusinessesDlf LtdMacrotech DevelopersWealth ManagementReal Estate MumbaiAug 08, 2024
DLF Ltd. and Macrotech Developers are the most valued real estate family businesses in India, according to the 2024 Barclays Private Clients and Hurun India's most valuable family businesses research.
DLF Ltd. is valued at Rs 2,04,500 crore, the most among the real estate family businesses.
Sobha's Ravi PNC Menon (42) and Macrotech's Abhishek Lodha (44) are the youngest leaders in the most valuable real estate family businesses.
The real estate industry is represented by 10 companies in the 2024 Barclays Private Clients Hurun India's most valuable real estate family businesses.
The overall real estate industry is eighth among the top 10 industries represented in the 2024 Barclays Private Clients Hurun India most valuable family businesses.
Mahindra Lifespace Developers Ltd (MLDL), the real estate arm of Mahindra Group, has been awarded the redevelopment rights for two societies in Mumbai’s prestigious Lokhandwala Complex. The project is estimated to be worth around Rs 1,200 crore and is expected to transform the area with modern infrastructure and amenities.
China aims to create a more stable and regulated real estate market by accelerating its efforts in restructuring the industry, eliminating high debt levels, rapid turnover, and excessive leverage.
The stock of a leading residential real estate developer surged 5% following the acquisition of a 5-acre plot in Yelahanka, Bengaluru, earmarked for a premium residential project.
Uttar Pradesh has emerged as a leading state for new company registrations, trailing only Maharashtra. The state's proximity to Noida, a major industrial hub, and relatively lower real estate costs have made it an attractive destination for investors.
The Maharashtra Housing and Area Development Authority (MHADA) is set to unveil a new policy aimed at providing affordable housing options for the state's residents. This move is expected to address the growing demand for affordable homes in urban areas.
Vibe Realty (VRPL), a prominent player in the real estate sector, has made a significant move by entering Pune's market with the acquisition of a joint development project. Led by industry veteran Gopal Sarda, this strategic move underscores Vibe Realty's commitment to growth and expansion in India's key urban centers.