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DLF
Delhi Land and Finance Limited (DLF) is the
largest real estate player in India with more than 20,000 crores of Market
Capitalization. It builds retail, office and residential properties. It is now
present in 24 cities in India across 15 different states. The company presently
has 45msf of projects under construction along with 290 msf of planned
projects. DLF is a Delhi based company founded by Chaudhary Raghvendra Singh in
1946. Its first venture was Krishna Nagar in Delhi which was successfully
completed in 1949. With that success, it took long leaps in real estate
construction in the subsequent years developing 21 colonies in Delhi which
included colonies in some well-known areas like Kailash Colony, South Extension
and Greater Kailash. Its growth in other cities came as a consequence of the
passage of Delhi Development Act in 1957, which stated that government will
assume control in all the real estate activities in Delhi.
Oberoi Realty
Oberoi realty is one of the leading real
estate builder in India and is based out in Mumbai. Its interests lie in
developing residential, hospitality, retail, office and infrastructure
properties in Mumbai. It has completed over 38 projects that aggregate to
around 9.16 million sq. feet of spaces across Mumbai. It also has aggressive
plans for its growth in future with another 20.61 million sq. feet in the
construction and planning phase across Mumbai and other regions.
The company is led by Vikas Oberoi, one of
the richest billionaires in India. It was incorporated as Oberoi constructions
in early 1980s by his father. He took over the company in 1997 and led the
company in growth route by developing several residential and commercial
projects. He presently has 75% stake in the Oberoi Realty. Morgan Stanley’s
real estate arm invested $152 million for a 10% stake in the company recently.
Oberoi Realty Limited has been listed on the Bombay Stock Exchange in 2010.
Radiance
Realty
Radiance Realty is an Indian real estate
development company that develops residential real estate projects in the
Chennai area. Under the leadership of MD Varun Manian,
Radiance Realty has raised from good to best in the field of construction. The
company, 60 per cent of whose upcoming residential projects are on the rapidly
developing IT corridor of Rajiv Gandhi Salai (OMR), Chennai, is staking its
claim to be the fastest growing real estate firm in the city. Radiance traces
its roots to NAPC, an engineering, procurement and construction company, which
was acquired in January 2012 by French infrastructure and contracting
multinational Vinci. Radiance has delivered projects totalling over 3.82 lakh
sq. ft of built-up space. The under-construction projects are a little over
27.80 lakh sq. ft. The sale of the road and infrastructure construction
business of NAPC turned Radiance cash rich. NAPC was in the business for over
six decades and at the time of the sale its revenue was about Rs.600 crore.
Prestige Estates
Prestige estate is part of Prestige group
of companies. t is one of the leading developers in South India featuring into
Commercial, Hospitality, Residential and Retail sectors. It is a Bangalore
based company with its corporate office in The Falcon House. The company has
finished over 180 projects till now spanning the developed are to an extent of
61 million square feet. It currently has 57 ongoing projects spanning about 60
million sq.ft. It also has 43 more projects coming up in the future covering
several asset classes like Shopping malls, Apartment conclaves and Corporate
Offices.
Sobha
Sobha limited was earlier known as Sobha
developers, is one of the top most companies in the real estate projects. It is
headquartered in Bangalore. It projects include residential areas and housing
projects, commercial premises, townships and others. It also carries
manufacturing related activities related to interiors. The idea behind this is
to provide backward integration to its turnkey projects. Though it involves in
other manufacturing related activities its prime focus always remains to be on
residential and contractual projects.
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