India's Wealth Creation Hubs: Mumbai, Delhi NCR, and Bengaluru Lead the Way
India is emerging as the real estate capital of Asia, with Mumbai, Delhi NCR, and Bengaluru topping the list of wealth-creating cities, according to the Grohe-Hurun India report.
Real EstateIndiaWealth CreationMumbaiDelhi NcrBengaluruReal Estate NewsJul 12, 2024
The report, which lists the most valuable non-state-run Indian real estate companies, reveals that the combined value of the top real estate companies in India has reached ₹14.2 lakh crore, with a 70% increase in the overall value of companies on the list. The threshold to enter the top 100 has also increased by 30%. DLF tops the list as the most valuable real estate company, valued at ₹2 lakh crore, followed by Macrotech Developers and Indian Hotels.
Adani Realty has entered the top 10 with a 62% growth, valued at ₹56,500 crore. The report also highlights that 86% of companies on the list saw their value increase, adding ₹6.2 lakh crore. Furthermore, 18 of the top 100 companies are led by professional CEOs who are not from the founding family. The threshold to qualify for the 2024 Grohe-Hurun India Real Estate 100 was ₹1,200 crore.
Frequently Asked Questions
What is the Grohe-Hurun India report?
The Grohe-Hurun India report is a list of the most valuable non-state-run Indian real estate companies.
Which cities are the top wealth-creating cities in India?
According to the Grohe-Hurun India report, the top three wealth-creating cities in India are Mumbai, Delhi National Capital Region (NCR), and Bengaluru.
What is the combined value of the top real estate companies in India?
The combined value of the top real estate companies in India is around ₹14.2 lakh crore.
Which company tops the list as the most valuable real estate company?
DLF tops the list as the most valuable real estate company, valued at ₹2 lakh crore.
What is the threshold to qualify for the 2024 Grohe-Hurun India Real Estate 100?
The threshold to qualify for the 2024 Grohe-Hurun India Real Estate 100 was ₹1,200 crore.
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