Top 20 Commercial Real Estate Companies in India 2023

Commercial real estate is a thriving industry in India, with many companies vying for market share in this lucrative sector.

As we enter 2023, we can see that the industry is poised for continued growth and expansion, with numerous opportunities for those who are willing to invest time and resources in the sector.

In this article, we will take a look at the top 20 commercial real estate companies in India, and explore what makes each of them stand out in this competitive landscape.

From established giants to up-and-coming startups, these companies represent the best of what the Indian commercial real estate industry has to offer, and are poised to play a major role in shaping the future of this dynamic and ever-evolving sector.

Whether you are an investor looking for new opportunities, a business owner in search of office space, or simply curious about the latest trends and developments in Indian commercial real estate, this article is sure to provide valuable insights and information.

So, let’s dive in and explore the top 20 commercial real estate companies in India for 2023.here are some of the top commercial real estate companies in India based on their past performance and market reputation:

1. DLF Limited
2. Prestige Estates Projects Limited
3. Godrej Properties Limited
4. Brigade Enterprises Limited
5. Oberoi Realty Limited
6. Embassy Group
7. Hiranandani Group
8. RMZ Corp
9. K Raheja Corp
10. Phoenix Mills Limited
11. Bharti Realty Limited
12. Lodha Group
13. Raheja Developers Limited
14. ATS Infrastructure Limited
15. GMR Group
16. Tata Realty and Infrastructure Limited
17. Kalpataru Limited
18. Sobha Limited
19. Salarpuria Sattva Group
20. Shapoorji Pallonji Real Estate

DLF Limited

DLF Limited is one of the largest real estate companies in India, with a focus on commercial and residential projects. Founded in 1946, the company has a rich history and a strong reputation for quality and innovation.

DLF has developed some of the most iconic structures in India, including the Cyber City business park in Gurgaon, which is now a hub for technology companies. In addition to its real estate projects, DLF has diversified into areas such as hospitality, retail, and infrastructure.

The company is committed to sustainability and has taken a leadership role in promoting green buildings and sustainable practices in the real estate sector. With a strong track record and a focus on growth, DLF is poised to remain a major player in the Indian real estate industry.

Prestige Estates Projects Limited

Prestige Estates Projects Limited is a leading real estate developer based in Bangalore, India. Founded in 1986, the company has established a strong presence in the commercial, residential, and hospitality sectors.

Prestige Estates Projects Limited is known for its commitment to quality, innovation, and customer satisfaction, and has received numerous awards and recognitions for its work.

The company has completed over 247 projects, covering more than 134 million square feet of space, and has a strong presence in several key markets across India, including Bangalore, Chennai, Hyderabad, and Kochi.

With a focus on sustainable development, community engagement, and excellence in design and construction, Prestige Estates Projects Limited is well positioned to continue its growth and success in the Indian real estate industry.

Godrej Properties Limited

Godrej Properties Limited is a Mumbai-based real estate company that operates in the residential, commercial and hospitality sectors. Established in 1990, it has rapidly grown to become one of the leading players in the Indian real estate industry.

The company’s focus on sustainability, innovation and excellence has earned it a reputation for delivering high-quality properties that are not just aesthetically pleasing, but also environmentally friendly and technologically advanced.

Godrej Properties has a diverse portfolio of projects across multiple cities in India and has received numerous awards and accolades for its contributions to the real estate sector.

With a commitment to customer satisfaction and a dedication to excellence, Godrej Properties is well-positioned to continue its growth and success in the years ahead.

Brigade Enterprises Limited

Brigade Enterprises Limited is a leading real estate development company based in Bangalore, India.

With a rich legacy spanning over three decades, the company has established a strong presence in the residential, commercial, hospitality, and retail sectors. Brigade’s portfolio includes a diverse range of properties, from luxury apartments and villas to office buildings and shopping malls.

The company is known for its commitment to quality, innovation, and sustainability, and has won numerous awards for its projects over the years.

With a strong focus on customer satisfaction, Brigade has built a loyal customer base and is widely regarded as one of the most trustworthy and reliable players in the Indian real estate industry.

Oberoi Realty Limited

Oberoi Realty Limited is a leading real estate development company based in Mumbai, India. The company was founded in 1980 by Mr. Vikas Oberoi and has since become one of the most respected names in the Indian real estate industry.

Oberoi Realty Limited specializes in developing premium residential, commercial, and retail properties in Mumbai and other parts of India. The company is known for its commitment to quality, innovation, and customer satisfaction, and has received numerous awards and accolades for its projects.

With a focus on sustainability and environmental responsibility, Oberoi Realty Limited is also a leader in promoting green building practices in India.

Embassy Group

Embassy Group is one of the most prominent commercial real estate companies in India, with a track record of delivering world-class properties across the country. Founded in 1993, the company has grown to become a diversified business conglomerate with interests in real estate, hospitality, and education.

The group’s portfolio includes some of India’s most iconic commercial and residential properties, such as Embassy Golf Links, Embassy Manyata Business Park, and Embassy TechVillage.

With a focus on sustainability and innovation, Embassy Group is known for creating dynamic and vibrant workspaces that foster productivity and collaboration.

The company has also received numerous awards and accolades for its contributions to the real estate industry, and is widely regarded as a leading player in the commercial real estate space.

Hiranandani Group

The Hiranandani Group is a leading real estate developer in India with a strong presence in Mumbai, Pune, Chennai, and Bengaluru. Established in 1978 by Niranjan Hiranandani and his brother Surendra Hiranandani, the group has been responsible for transforming the skyline of the country with its innovative and sustainable projects.

The company’s focus on creating integrated townships with world-class infrastructure has earned it a reputation as a trailblazer in the real estate industry. The Hiranandani Group’s commitment to quality and timely delivery has made it a preferred choice for homebuyers and investors alike.

With a portfolio of residential, commercial, and mixed-use projects, the company is poised to continue its growth trajectory and make a significant impact on the Indian real estate landscape.

RMZ Corp

RMZ Corp is one of the leading commercial real estate companies in India, with a strong presence in major cities such as Bangalore, Chennai, Delhi, and Mumbai.

Founded in 2002 by Raj Menda and his family, RMZ has established itself as a trailblazer in the industry, known for its innovative designs, sustainable practices, and cutting-edge technology.

The company has a diverse portfolio that includes office spaces, co-working spaces, and retail spaces, catering to the needs of a wide range of clients.

With a focus on customer-centricity and a commitment to excellence, RMZ Corp has earned a reputation as one of the most reliable and forward-thinking players in the Indian commercial real estate market.

K Raheja Corp

K Raheja Corp is one of the leading real estate developers in India, with a reputation for excellence and innovation in the industry.

Founded in 1956, the company has been responsible for developing some of the most iconic buildings and complexes in the country, including the famous Inorbit Mall and Mindspace IT Park.

With a strong focus on sustainability, K Raheja Corp has earned numerous accolades and awards for its green building initiatives, and is committed to creating environmentally responsible developments that benefit both the community and the environment.

The company is also known for its strong corporate governance, and has consistently demonstrated a commitment to ethical business practices and social responsibility.

Phoenix Mills Limited

Phoenix Mills Limited is a leading player in the Indian real estate industry, with a strong focus on developing and managing retail-led mixed-use properties.

Founded in 1905, the company has a rich legacy of over a century, and has grown into a formidable force in the sector, with a presence in key cities across the country.

Phoenix Mills is known for its innovative and customer-centric approach to real estate development, and has won numerous awards and accolades for its projects.

With a diverse portfolio of properties, ranging from malls and commercial spaces to hotels and residential complexes, Phoenix Mills is well-positioned to capitalize on the growing demand for premium real estate in India, and is set to continue its growth trajectory in the years to come.

Bharti Realty Limited

Bharti Realty Limited is a subsidiary of Bharti Enterprises, one of India’s leading business conglomerates. Established in 2006, the company specializes in developing and managing premium commercial and residential properties across India.

Bharti Realty has quickly earned a reputation for excellence in the Indian real estate sector by concentrating on providing top-notch facilities and services.

Some of their most notable projects include the Worldmark Aerocity, a state-of-the-art commercial development in Delhi, and the Bharti Crescent, a LEED Gold certified commercial complex in Gurugram.

With a commitment to sustainability, innovation, and customer satisfaction, Bharti Realty Limited is poised for continued success and growth in the years ahead.

Lodha Group

Lodha Group is a leading real estate developer in India, known for its luxurious residential and commercial projects. Established in 1980, the company has a diverse portfolio of properties across Mumbai, Pune, and Hyderabad, with a focus on high-end developments that cater to the needs of the affluent and discerning buyer.

Lodha Group is renowned for its attention to detail, use of high-quality materials, and commitment to sustainability, making it a popular choice among those who value luxury, comfort, and convenience.

With a reputation for excellence and a track record of successful projects, Lodha Group continues to be a major player in the Indian real estate industry, setting new standards of quality and innovation with each new development.

Raheja Developers Limited

Raheja Developers Limited is a leading real estate company in India that has been active in the industry since 1990.

The company has an impressive portfolio of commercial and residential properties across multiple cities in the country, and has gained a reputation for delivering high-quality projects that are innovative, sustainable, and aesthetically appealing.

With a focus on customer satisfaction, Raheja Developers Limited strives to create properties that meet the needs and expectations of a diverse range of clients, from large corporations to individual homebuyers.

The company’s commitment to excellence and its ability to adapt to changing market trends and customer preferences make it a key player in the Indian real estate industry.

ATS Infrastructure Limited

ATS Infrastructure Limited is a leading real estate developer in India, with a focus on delivering high-quality residential and commercial properties to customers.

Established in 1998, the company has developed a strong reputation for excellence in the industry, with a portfolio of successful projects that span the country.

ATS Infrastructure Limited is committed to delivering projects that are not only aesthetically pleasing, but also built to the highest standards of quality and safety.

The company’s approach to customer service is also highly regarded, with a strong emphasis on building long-lasting relationships with its clients.

With a proven track record of success and a commitment to innovation, ATS Infrastructure Limited is well-positioned to continue driving the growth and evolution of the Indian real estate industry in the years to come.

GMR Group

GMR Group is one of the leading infrastructure companies in India, with a diverse portfolio of businesses that includes airports, energy, transportation, and urban infrastructure.

The company was founded in 1978 by G.M. Rao and has since grown into a major player in the Indian infrastructure sector, with a strong reputation for delivering high-quality projects on time and within budget.

GMR Group operates airports in Delhi, Hyderabad, Cebu (Philippines) and Mactan-Cebu (Philippines), and has a number of energy projects under its belt, including the 220 MW Emco Energy and 225 MW barge-mounted power plant in Nigeria.

With a commitment to innovation, sustainability, and social responsibility, GMR Group is poised to continue driving growth and development in India and beyond.

Tata Realty and Infrastructure Limited

Tata Realty and Infrastructure Limited (TRIL) is a subsidiary of the Tata Group, one of India’s largest and most respected business conglomerates.

Established in 2007, TRIL is focused on developing and managing real estate and infrastructure projects across India, with a strong emphasis on sustainability and innovation.

The company’s portfolio includes a wide range of projects, including commercial and residential properties, industrial parks, and infrastructure projects such as airports, highways, and power plants.

With a strong focus on customer satisfaction, TRIL is committed to delivering high-quality, sustainable projects that meet the evolving needs of businesses and individuals in India.

As a subsidiary of the Tata Group, TRIL benefits from the group’s deep expertise, resources, and network, which enable it to remain at the forefront of the Indian real estate and infrastructure sectors.

Kalpataru Limited

Kalpataru Limited is a leading real estate developer in India, with over five decades of experience in the industry.

The company has a diverse portfolio of projects, including residential, commercial, and retail properties, and is known for its focus on quality, innovation, and customer satisfaction.

Kalpataru Limited has a strong presence in Mumbai, Pune, and other key cities in India, and has received numerous awards and recognitions for its projects and contributions to the real estate industry.

The company is committed to sustainable development and social responsibility, and has undertaken various initiatives to promote environmental conservation and community welfare.

With its proven track record and strong reputation, Kalpataru Limited is a trusted name in the Indian real estate sector.

Sobha Limited

Sobha Limited is one of the leading real estate developers in India, with a strong reputation for quality and innovation.

Founded in 1995 by PNC Menon, the company has a track record of developing some of the most prestigious residential and commercial projects in India, and has won numerous awards for its design, construction, and sustainability practices.

Sobha Limited is committed to using the latest technology and techniques to deliver world-class properties that meet the highest standards of quality and excellence.

With a focus on customer satisfaction and value for money, the company is well positioned to continue its growth and success in the highly competitive Indian real estate market.

Salarpuria Sattva Group

Salarpuria Sattva Group is a leading real estate developer in India with a diverse portfolio of projects that includes residential, commercial, and hospitality properties.

With a strong presence in major cities across the country, the group has earned a reputation for delivering high-quality developments that meet the needs of its customers.

The company has a proven track record of innovation and has been recognized for its commitment to sustainability and excellence in design.

Some of its landmark projects include Salarpuria Sattva Knowledge City in Hyderabad, Salarpuria Sattva Park Cubix in Bangalore, and Salarpuria Sattva Signet in Kolkata.

With a focus on customer satisfaction and a commitment to quality, Salarpuria Sattva Group is poised to continue its growth and success in the Indian real estate market.

Shapoorji Pallonji Real Estate

Shapoorji Pallonji Real Estate is a subsidiary of the Shapoorji Pallonji Group, one of India’s oldest and most respected business conglomerates.

With a legacy spanning over 150 years, the company has a strong presence in the Indian real estate market, and is known for its high-quality construction, innovative design, and commitment to sustainability.

Shapoorji Pallonji Real Estate has a diverse portfolio of residential, commercial, and industrial properties, and has delivered numerous landmark projects across India, including the iconic Palace Gates in Bangalore and the Imperial Towers in Mumbai.

With a focus on customer satisfaction and long-term value creation, the company is poised to play a major role in shaping the future of Indian real estate for years to come.

commercial real estate companies play a significant role in the economy and are responsible for the development, leasing, and management of properties used for business purposes.

As with any industry, there may be fluctuations in the market and changes in demand for various types of commercial real estate. Companies that can adapt to changing market conditions and continue to provide high-quality services are likely to be successful in the long run.