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.
Related News Articles
JLL India and Indian School of Hospitality Partner to Shape Future Real Estate Professionals
This strategic collaboration addresses the growing need for skilled professionals in India's dynamic real estate market. The partnership with the Indian School of Hospitality (ISH) is set to enhance the educational and professional development of future real estate leaders.
Delhi-NCR Property Prices See a 13% Increase in 2024
The property market in the Delhi-NCR area has seen a significant boost, with prices rising by 13% in the first three quarters of 2024. This surge is attributed to the enhanced infrastructure, particularly the completion of the six-lane Gurugram-Sohna Elev
Pune Police Seize 2070 Fake Rs 500 Notes Worth Rs 10.35 Lakh, Five Arrested
Pune - In a significant operation, Pune Police have successfully seized 2070 fake Rs 500 notes, amounting to Rs 10.35 lakh, and arrested five individuals involved in the counterfeit currency racket.
Maharashtra to Launch Its First ₹4,500 Crore Greenfield Expressway from JNPT to Navi Mumbai
Maharashtra is set to receive its first major greenfield expressway, connecting Jawaharlal Nehru Port Trust (JNPT) to Navi Mumbai. This ambitious project, estimated at ₹4,500 crore, aims to drastically improve transportation infrastructure and support eco
Crackdown on Illegal Hoardings: Maharashtra Housing Authority Takes Action
MHADA finds 60 out of 62 hoardings in Mumbai lack approval, takes action following a tragic incident
Hyderabad's Real Estate Market Witnesses Strong Growth in 2024 Despite Year-End Dip
Hyderabad: Property sales in Hyderabad have seen a 7% rise, with a 23% increase in transaction value. However, December registrations showed a 20% decrease.