Varun Manian's Radiance Realty bags a place in top 5

1. TOP 5 REAL ESTATE COMPANIES IN INDIA 1)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. 2)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. 3)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.

2. 4)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. 5)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.