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Real estate developers have been at the forefront of the real estate boom
sweeping across the length and breadth of India. Armed with efficient units of
architects, engineers and managers, builders like DLF have managed to change the
skyline of many Indian cities. World-class residential and commercial structures
have come up in a big way courtesy the pioneering efforts of Indian real estate
developers. In line with the phenomenal growth witnessed by the industry, the
builders’ community too has been expanding at a rapid pace. The top echelons are
occupied by giants like DLF, Unitech and Raheja's who boast of a pan-Indian
presence and are harbingers of cutting-edge technologies. Second-rung builders
such as Omaxe, Parsvnath and Eldeco too are vying for a share of the growing
Indian real estate pie.
With the Government of India opening the construction and development sector for
100 per cent foreign direct investment, Indian real estate developers are
bracing up for an intensifying realty war. More and more builders are coming out
of their regional strongholds to seek greener pastures in different locations of
the country. The rapid construction of the suburbs of the metropolitan city’s
can be credited to these builders in the country. In last two decades, this
business has flourished at an extreme fast pace and the results are visibly
evident. In this article we have come up with the list of the major players of
the building sector in the country. |