India's Rise to Becoming Asia's Real Estate Powerhouse
India is accelerating to become the real estate capital of Asia, with a total valuation of Rs 14.2 trillion and 36 billion dollar real estate.
Real EstateIndiaAsiaProperty MarketInfrastructure DevelopmentReal Estate MumbaiJul 11, 2024
The report, titled 2024 GROHE-Hurun India Real Estate 100 list, highlights the remarkable growth of the Indian real estate sector. The BSE Realty Index has also seen a significant rise, growing by 110 per cent during the same period. Other notable performers include Unitech, which topped the list with a valuation gain of 622 per cent, followed by Tata Realty with a gain of 554 per cent, and Puravankara with a growth of 382 per cent.
The Indian real estate sector has been witnessing a surge in growth, driven by factors such as increasing demand, government initiatives, and investments in infrastructure. As the sector continues to evolve, it is likely that India will solidify its position as a real estate powerhouse in Asia.
Information
GROHE is a leading global brand for complete bathroom solutions and kitchen fittings. Hurun Report is a leading research firm that releases annual rankings of the richest individuals, companies, and philanthropists in India.
DLF Limited is an Indian real estate developer, founded in 1946. The company is known for its iconic projects, including the DLF Emporio and the DLF Mall of India.
Tata Realty and Infrastructure Limited is a 100% subsidiary of Tata Sons, founded in 2007. The company is engaged in the development of residential, commercial, and retail projects across India.
Puravankara Limited is an Indian real estate developer, founded in 1975. The company is known for its premium residential projects, including the Purva Windermere and the Purva Coronation Square.
Unitech Limited is an Indian real estate developer, founded in 1971. The company is engaged in the development of residential, commercial, and retail projects across India.
Frequently Asked Questions
What is the total valuation of the top 100 realty companies in India?
According to the 2024 GROHE-Hurun India Real Estate 100 list, the total valuation of the top 100 realty companies in India stands at Rs 14.2 trillion.
Which company is the most valued real estate company in India?
According to the report, 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 percentage of the BSE Realty Index?
The BSE Realty Index has grown by 110 per cent during the period under consideration.
Which company has witnessed the highest valuation gain in percentage terms?
According to the report, Unitech has topped the list with a valuation gain of 622 per cent.
What are the factors driving the growth of the Indian real estate sector?
The Indian real estate sector is driven by factors such as increasing demand, government initiatives, and investments in infrastructure.
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