India's Real Estate Tycoons: Top Wealthiest Entrepreneurs in 2024
DLF chairman Rajiv Singh tops the list of wealthiest real estate entrepreneurs in India, according to the 2024 GROHE-Hurun report.
Real EstateIndiaWealth RankingsGrohe Hurun ReportEntrepreneurshipReal Estate NewsJul 11, 2024
At the top of the list is Rajiv Singh, Chairman of DLF, with a staggering wealth of Rs 1,24,420 crore. Singh's leadership has been instrumental in cementing DLF's position as a dominant player in the industry. Following closely is Mangal Prabhat Lodha, founder of Macrotech Developers, with a significant wealth of Rs 91,700 crore. Gautam Adani of Adani Realty claims the third spot with Rs 56,500 crore, marking a notable 62 percent increase since 2023.
Other notable entrepreneurs on the list include Vikas Oberoi of Oberoi Realty, Chandru Raheja & family of K Raheja Group, Atul Ruia of The Phoenix Mills, Raja Bagmane of Bagmane Developers, and Jitendra Virwani of Embassy Office Parks. Irfan Razack, Rezwan Razack, and Noaman Razack of Prestige Estates Projects have also made a significant jump, with a remarkable 230 percent increase in their wealth.
On the corporate valuation front, DLF leads the charts with a robust Rs 2 lakh crore, reflecting a substantial 72 percent growth. Macrotech Developers follows closely with a valuation of Rs 1.4 lakh crore, showcasing an impressive 160 percent surge. The Indian Hotels Company (IHCL), known as the Taj Group, secures the third position with a valuation of Rs 79,150 crore, indicating a 43 percent growth. Godrej Properties ranks fourth with a valuation of Rs 77,280 crore, highlighting its strong market presence.
The 2024 GROHE-Hurun report not only celebrates individual wealth but also highlights the resilience and growth of India's leading real estate companies amidst economic shifts. These rankings underscore the evolving dynamics and strategic moves within the real estate sector, positioning these entrepreneurs and companies as pivotal players in India's economic landscape.
Information
DLF is a leading real estate company in India, known for its iconic projects such as the DLF Mall of India and the DLF Cyber Hub.
Macrotech Developers is a prominent real estate company in India, known for its luxury residential projects.
Adani Realty is a subsidiary of the Adani Group, a multinational conglomerate involved in various sectors such as energy, resources, and infrastructure.
The Indian Hotels Company (IHCL) is a leading hospitality company in India, known for its luxury hotels such as the Taj Mahal Palace, Mumbai.
Godrej Properties is a real estate company focused on developing residential and commercial projects across India.
Frequently Asked Questions
Who tops the list of wealthiest real estate entrepreneurs in India?
Rajiv Singh, Chairman of DLF, tops the list with a wealth of Rs 1,24,420 crore.
Which company leads the corporate valuation charts in the real estate sector?
DLF leads the corporate valuation charts with a robust Rs 2 lakh crore, reflecting a substantial 72 percent growth.
What is the percentage increase in Gautam Adani's wealth since 2023?
Gautam Adani's wealth has increased by 62 percent since 2023.
Which company has marked a remarkable 230 percent increase in wealth?
Prestige Estates Projects has marked a remarkable 230 percent increase in wealth.
What is the purpose of the 2024 GROHE-Hurun report?
The 2024 GROHE-Hurun report provides a comprehensive view of India's real estate landscape, detailing the individuals and companies leading in wealth and valuation.
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