India’s Top 10 Real Estate Players in 2025

With a rising population, the demand for real estate in India is steadily increasing. The Indian real estate market, valued at around $477 billion in 2022, is expected to reach $1 trillion by 2030. This clearly shows that the real estate sector is unlikely to face a slowdown anytime soon, at least in India.

With growing demand for both commercial and residential properties, the real estate industry today is nothing short of a gold mine. In this blog, we will tell you about the top real estate companies in India in 2025. We will also reveal the key growth formulas behind their success, including the building project management software they use.

We have listed the top 10 publicly listed private real estate companies based on their market capitalisation:

Founded by Chaudhary Raghvendra Singh in 1946, DLF Limited is one of India’s leading real estate companies.

Here’s a breakdown of its key financial metrics (as on Dec. 15, 2025)

• Market Capitalisation: Approx. ₹1.7 Trillion
• Net assets: ₹451.65 Billion (as of March 2025)

DLF has properties across India, with its strongest presence in the Delhi-NCR region, including Gurugram, Delhi, Noida, and Faridabad. Its flagship developments include The Camellias and The Magnolias in Gurugram for luxury residences, DLF Cyber City and Cyber Hub for premium workspaces, and DLF The Crest, a well-known luxury residential project in Gurugram.

Founded by Mangal Prabhat in 1980, Lodha Group is a major Indian real estate firm, focused on premium, luxury, and affordable housing in Mumbai, Pune & beyond.

Here’s a breakdown of its key financial metrics (as on Dec. 15, 2025)

• Market Capitalization: Approximately ₹1.089 Trillion
• Net assets: ₹214.89 Billion (as of March 2025)

Lodha Group has a strong presence across prime locations in the Mumbai Metropolitan Region, including Thane and Palava. Iconic developments such as Lodha World Towers, Trump Tower Mumbai, Lodha Park, and large-scale townships like Palava are among its flagship properties.

Prestige Group was founded in 1986 by Irfan Razack and his brothers (Rezwan & Noaman Razack). It is based in Bangalore and has a strong South Indian presence, known for integrated developments.

• Market Capitalization: ₹713.03 Billion
• Net assets: ₹165.94 Billion (as of March 2025)

Prestige Group has a strong presence in South India and is steadily expanding into other key markets such as Mumbai, Hyderabad, and Delhi NCR. Renowned projects like Prestige Falcon City and The Prestige Skytech highlight the brand’s growing footprint and credibility.

Phoenix Mills Ltd. is India’s leading developer of large-scale, retail-led mixed-use properties, creating integrated urban destinations with shopping malls, commercial spaces, hotels, and residences across major Indian cities

Here’s a breakdown of its key financial metrics (as on Dec. 15, 2025)

• Market Capitalization: Approximately ₹639.88 Billion
• Net assets: ₹147.04 Billion (as of March 2025)

Phoenix Mills Ltd. has captured the market in southern India, including Mumbai, Bangalore, and Pune. Projects like Kessaku, One Bangalore West & Phoenix Marketcity are built by them.

Founded by Ardeshir Godrej in 1990, Godrej Properties is a leading Indian real estate developer known for quality and sustainable developments.

Here’s a breakdown of its key financial metrics (as on Dec. 15, 2025)

• Market Capitalization: Approximately ₹623 Billion
• Net assets: ₹186.53 Billion (as of March 2025)

Mumbai Metropolitan Region (MMR) is the major hub of Godrej Group properties. Godrej Prime, Godrej RKS, and Godrej Vistas are among their prime properties.

Founded by Vikas Oberoi & Bindu Oberoi in 1998, Oberoi Realty is synonymous with luxury projects, particularly in Mumbai.

Here’s a breakdown of its key financial metrics (as on Dec. 15, 2025)

• Market Capitalization: Around ₹602.41 Billion
• Net assets: ₹166.70 Billion (as of March 2025)

Oberoi Realty has its residential and commercial spaces in Mumbai’s urban landscape. The Oberoi and Oberoi International School are among their remarkable projects.

Anant Raj Limited (ARL) is a prominent Indian real estate developer. Established by Lala Anant & Ram Sarin in 1969, the company is known for large-scale projects in Delhi-NCR across residential, commercial, IT parks, hospitality, and affordable housing, now diversifying significantly into data centres and cloud services.

Here’s a breakdown of its key financial metrics (as on Dec. 15, 2025)

• Market Capitalization: ₹198.13 Billion
• Net assets: ₹45.21 Billion (as of March 2025)

Anant Raj Group has properties in Gurugram and Delhi NCR. The Estate Residencies, Anant Raj Estate, are among their few flagship developments.

It (ABREL) is the holding company of Birla Estates Private Limited, a premium player in the residential and commercial real estate segment. The Aditya Birla Group’s prime real estate is handled by Birla Estates.

Here’s a breakdown of its key financial metrics (as on Dec. 15, 2025)

• Market Capitalization: ₹190.30 Billion
• Net assets: ₹41.27 Billion (as of March 2025)

Aditya Birla Group has major properties in Mumbai, Bengaluru, NCR, and Pune. Their notable projects include Birla Ojasvi, Birla Evara, Birla Trimaya, etc.

Mahindra Lifespaces was established in 1994, and it’s part of the larger Mahindra Group. Mahindra Lifespaces combines innovative real estate technology and sustainability to craft urban lives and integrated cities across India.

Here’s a breakdown of its key financial metrics (as on Dec. 15, 2025)

• Market Capitalization: ₹85.45 Billion
• Net assets: ₹20.12 Billion (as of March 2025)

Mahindra Lifespaces has its prime properties located in rapidly growing urban centres such as Mumbai, Pune, Bengaluru, and Chennai. Notable projects include Mahindra World City and Mahindra Blossom in Whitefield, among its flagship developments.

Founded by Mr Kamal Khetan in 2000, Sunteck Realty Limited is a Mumbai-based real estate developer known for luxury properties in Mumbai, especially in Bandra Kurla Complex (BKC).

Here’s a breakdown of its key financial metrics (as on Dec. 15, 2025)

• Market Capitalization: ₹59.18 B
• Net assets: ₹34.60 Billion (as of March 2025)

Sunteck Realty Ltd. has major projects in the Mumbai Metropolitan region (MMR). Their key projects include Sunteck City in Goregaon and Sunteck Centre in Vile Parle.
Source: https://companiesmarketcap.com/inr/real-estate/largest-real-estate-companies-by-market-cap/?page=1

You’ve seen the best real estate companies in India in 2025. Now, let’s come to the secret behind how they are scaling so fast. With their operations spread across multiple cities, it’s neither practical to visit every site physically nor cost-effective to build and manage large teams across India.

Their real advantage lies in a defined system. A real estate software solution that allows them to track project progress, monitor team performance, and manage material consumption in real time, all from their phone.

If you also want to grow your company like them and automate your real estate business, Build Formula real estate software can help. Here’s how it solves most of your day-to-day challenges:

• Complete CRM + ERP solution
•  Leads from all sources in a single dashboard
• Real-time material tracking
• One-click report generation
• Complete customer details in one place
• Digital PO/PR generation
• Cloud-based document storage

With Build Formula, you gain better control, higher efficiency, and the freedom to scale your business with confidence.