Types of Real Estate – Real Estate Developers in Indiaby Sanju Kmr Digital Marketing Specialist
Private property in the form of buildings and land is known as "real estate". It is often a person's most valuable property, and its value is a vital indicator of an economy's health. And, investment in real estate refers to the purchase of property to generate income rather than use it as a primary residence.
If you want to invest in real estate, it's crucial to understand the different types of real estate so you can determine which type of real estate investment is right for you.
In this article, I’m going to give you a sneak peek into the different types of real estate and top real estate developers in India. Have a look!
Residential Real Estate
Residential real estate includes apartments, farmhouses, duplexes, triplexes, villas, bungalows, etc., and these are the most common types of estate that people are familiar with.
Industrial Real Estate
Industrial real estate is a large-scale property used to construct factories, warehouses, manufacturing units, logistics centres, etc.
Commercial Real Estate
It is the type of real estate that is solely used for business purposes. Commercial real estate includes office spaces, malls, parking lots, restaurants, hotels, resorts, hospitals, etc.
Retail space consists of retail stores, showrooms, strip malls, shopping malls, etc. and these are mostly located at prime locations of the city.
It includes farmland, ranches, or vacant land that doesn't have any developed commercial or residential property.
Here are some top real estate developers in India:
TARC (The Anant Raj Group)
Amar Sarin is managing director of TARC. TARC is one of the prominent real estate development enterprises in the Delhi NCR. This well-known construction firm builds logistics hubs, hotels, malls, residential complexes, commercial properties, resorts, and other infrastructure projects as part of its Industrial Parks, Lifestyle Hubs, and Experimental Living projects. TARC's corporate headquarters is located in the Qutub Institutional Area, New Delhi.
L&T Realty Ltd
This real estate development company was founded in the year 2011. It is a subsidiary of Larsen & Toubro Ltd. The company has its headquarters in Mumbai, Maharashtra. It is regarded as one of the top construction firms in India. The company is currently present in NCR, Mumbai, Navi Mumbai, Hyderabad, Bengaluru, and Chennai, with a portfolio spanning 70 million square feet across residential, commercial, and retail developments.
Indiabulls Real Estate Ltd
Founded in the year 2006, it is one of the leading real estate firms in India. The company is in the business of real estate development and other allied activities. It has a diverse portfolio of an array of commercial and residential projects. It also offers real estate project advisory, project marketing, investment advisory, maintenance of completed projects, engineering, and other related operations.
DLF Ltd. is a well-known real estate company in the Delhi NCR region, with a diverse portfolio of residential and commercial projects throughout the city. Founded in 1946, DLF has commercial, residential, and retail properties in 15 states and 24 cities. It has become one of the largest publicly listed real estate companies in India. DLF’s headquarters is in New Delhi.
Thank you for reading!
Created on Mar 8th 2022 01:43. Viewed 128 times.