Top 15 Real Estate Developers in India Double Market Share in Five Years
Godrej Properties CEO Gaurav Pandey highlights the market share growth of top developers and predicts further consolidation in the real estate sector.
Real EstateMarket ShareDevelopersFicciGodrej PropertiesReal Estate PuneFeb 11, 2025
Speaking at a FICCI real estate conference in New Delhi, Pandey revealed that these developers have doubled their market share over the last five years, bringing it to nearly 20 percent.
Pandey emphasized that the Indian real estate sector, particularly the housing market, is not an easy sector to navigate.
He noted a growing trend where corporate developers and the top 15 developers are increasing their market share.
He stated, \
Frequently Asked Questions
What is the current market share of the top 15 real estate developers in India?
The market share of the top 15 real estate developers in India has doubled over the last five years and currently stands at about 19 percent.
How much demand was recorded in the Indian residential real estate sector in 2024?
The demand for residential properties in India in 2024 reached about 1 billion square feet, the highest ever recorded.
What is the value of the sales in the Indian residential real estate sector in 2024?
The value of sales in the Indian residential real estate sector in 2024 was approximately Rs 8.5 lakh crore.
Which cities in India account for the majority of the residential real estate demand?
About 75 percent of the residential real estate demand in India is concentrated in the top five cities: Mumbai Metropolitan Region (MMR), Delhi-NCR, Bengaluru, Hyderabad, and Pune.
What is the projected growth in the Indian office market for 2025?
The Indian office market is expected to see robust growth in 2025, with gross leasing projected at 65-70 million sq.Ft.
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