India’s Real Estate Boom: 36 Companies Valued Over $1 Billion

Summary:

1. India has achieved a major milestone in global real estate, surpassing China with 36 billion dollar companies.

2. This marks a significant increase from only 7 companies six years ago, showcasing India's growing real estate market and appeal to investors, detailed in the 2024 GROHE-Hurun India Real Estate 100 report.

In India's top 100 real estate companies:

1. Mumbai leads with 33 companies, followed by Bengaluru (15), New Delhi (14), and Gurugram (10).

2. The minimum valuation for inclusion is $143.7 million (Rs. 1,200 crore), up 30% from the previous year.

3. DLF is valued at US$ 23.95 billion (Rs. 2 lakh crore), followed by Macrotech Developers at US$16.76 billion (Rs. 1.4 lakh crore), and Indian Hotels Company at US$ 9.48 billion (Rs. 79,150 crore), which leads in hospitality.

Source: IBEF

Disclaimer:The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the material supplied, including its accuracy, completeness, and usefulness.