India's Rise to Real Estate Supremacy in Asia
India is poised to become the real estate capital of Asia, with the top 100 realty companies valued at Rs 14.2 trillion. Gurugram-based DLF leads the pack with a valuation of Rs 2,02,140 crore.
Real EstateIndiaAsiaPropertyInvestmentReal Estate MaharashtraJul 11, 2024
The growth of most of these real estate companies is comparable to the strong performance of the BSE Realty Index, which grew by 110 per cent during the same period. Unitech topped the list in terms of value gain by percentage, with a whopping 622 per cent increase, valuing it at Rs 2,590 crore. Tata Realty followed closely, with a 554 per cent gain to Rs 8,670 crore, and Puravankara recorded a 382 per cent growth to Rs 9,520 crore.
The Indian real estate market has been gaining momentum, driven by factors such as urbanization, economic growth, and government initiatives. The sector has attracted significant investments from both domestic and international players, leading to a surge in property prices and valuations.
The report highlights the resilience and potential of the Indian real estate market, which is expected to continue its upward trajectory in the coming years. With its massive population, growing economy, and increasing demand for housing and commercial spaces, India is well-positioned to become the real estate capital of Asia.
Information
GROHE-Hurun India Real Estate 100 list is an annual ranking of India's top real estate companies based on their market valuation.
Hurun Research is a leading research firm that provides insights and rankings on the wealth and lifestyle of high net worth individuals. GROHE is a German-based multinational company that specializes in sanitary fittings and bathroom solutions.
Frequently Asked Questions
What is the total valuation of the top 100 realty companies in India?
Rs 14.2 trillion
Which company is the most valued real estate company in India?
DLF, with a valuation of Rs 2,02,140 crore
What is the growth rate of the BSE Realty Index in the 12 months preceding May 31?
110 per cent
Which company recorded the highest value gain by percentage?
Unitech, with a gain of 622 per cent
What is driving the growth of the Indian real estate market?
Urbanization, economic growth, and government initiatives
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