Saturday 9 August 2014

Top Real Estate Developer in NCR

No doubt that Indian real estate market is on a high growth curve. During the span of last few years many developers completes their high rise residential project in NCR with world class infrastructure. Noida, Delhi, Gurgaon etc offers unmatched infrastructure to its residents. NCR is spread over 33, 578 comprises NCT Delhi, Haryana, Rajasthan, and Uttar Pradesh sub-regions. The Planning board of NCR has already prepared a Regional master Plan 2020 which aims to promote growth and balanced development of the whole NCR region.


Many developers allotted their land to construct their residential and commercial project with a world class infra structure. Now we present a list of real estate market developers. The task was daunting and complicated to differentiate the developers because many are national developers but some are purely regional players and hence it would be unfair to compare them.

Top Real Estate Companies:

DLF Ltd: Founded by Chaudhary Raghvendra Singh. Kushal Pal Singh is a CEO and Chairman of DLF Ltd. It is India’s largest real estate company and has an estimated land bank of 11,055 acres, with about 3,000 acres being in Gurgaon and 1,000 acres in Noida. It is a international construction based company and providing management and consultancy to the built and natural environment. The company has a turnover of Rs. 3,201.58 Crores and profits after of taxes of Rs. 1,500.56 crores. The company constructs all types of project such as residential, hotels, townships, commercial complexes, IT Parks, multiplexes, and government building such as airports, flyovers, etc.

OMAXE LTD: The Company is founded by Rohtas Goel, CEO. Over the past 23 years, the company itself through diverse range of residential townships and commercial complexes and has 50 plus projects under construction. It was the first developers of north India who receive an ISO 9001:2000 Certification. The company constructs group housing, integrated township, commercial complexes and shopping malls and hotels. The company has net worth of Rs. 2,179 crores in FY14. The company entered into infrastructure sector through Omaxe Infrastructure & Construction Ltd and the company bagged the first contract to construct Highway and three high level bridges in Punjab. The contract is awarded by Greater Mohali Area Development Authority and its value is pegged at Rs740 million.

UNITECH: The company is established in 1972 and Ramesh Chandra, Executive Chairman of Unitech. It is India’s growing real estate developer in India with a certification of ISO 9001:2009. The company offers diversified projects across residential, commercial complexes, IT parks, hotels. It was the first real estate company to be a part of the National Stock Exchange’s NIFTY 55 Index and it has 600,000 shareholders. Now the company emerged into infrastructure business by launching Unitech Infra.

ANSAL API: The Company is established in 1967 and chairman of the company is Sushil Ansal. The company developed and delivered more than 201 million sq ft and currently has a reserved land about 9,027 acres. The Company constructs integrated township, group housing, condominiums, malls, commercial complexes, hotels and utility services and the company has net worth of Rs. 2,543.

PARSVNATH DEVELOPERS LTD: The Company is established in 1990 in New Delhi by Pradeep Jain. The company emerged as one of the most progressive and multi-faceted real estate Construction Company over 50 cities and 20 states. The developers construct premium housing projects, commercial complex, shopping malls, hotels, multiplexes, IT parks. Now the company has partnered with Red Fort Capital to execute a Concession Agreement with DMRC for development of a prime Grade A office project in New Delhi’s Connaught Place.