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.
Related News Articles
Unlocking Opportunities in the Real Estate Insurance Market: Trends, Insights, and Projections
Discover the latest trends, challenges, and opportunities in the real estate insurance market, featuring key players, regional analysis, and market segmentation.
Pune Real Estate Market Sees 50% Jump in Registered Transactions, Average Home Price Reaches Record High
The number of real estate transactions in Pune has increased significantly, with registered transactions surging by 50% in the April-June 2024 quarter.
Haryana and Jammu & Kashmir Assembly Election Dates Announced by EC; Results to be Declared on October 4
The Election Commission of India has announced the dates for the Haryana and Jammu & Kashmir assembly elections. The polls will be held in a single phase on October 21, and the results will be declared on October 4.
Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue
Century Textiles plans to develop the land through its real estate subsidiary Birla Estates, expecting ₹14,000 crore in revenue from the project.
Virgo Daily Horoscope for September 14, 2024: A Temporary Setback in Assets and Real Estate Deals
Be cautious with real estate deals today, as a temporary decline in assets may occur. However, this setback will be short-lived.
DLF Q2 Earnings Skyrocket: Net Profit Surges to ₹1381 Crore
DLF, India's leading real estate firm in terms of market capitalization, has reported a remarkable surge in its Q2 net profit, jumping over twofold to ₹1381 crore. The company, primarily engaged in the development and sale of residential and commercial pr