Profiling Top 5 Real Estate Builders in Mumbai with a Legacy

There are several leading real estate builders in Mumbai, including several well-known and reputed conglomerates who have built a massive legacy of their own in the city and beyond. Here’s taking a look at some of the best real estate brands operating in the region.

Lodha Group

The Lodha Group was established in 1980 and is synonymous with cutting-edge aesthetics and amenities. The Group offers projects with great features right from sports zones and gymnasiums to manicured greenery and a lot more.

The Group is one of the top players in the Indian realty market, having already developed 85 million sq. ft. in land area and possessing more than 40 ongoing projects in its portfolio. It also has 30 upcoming projects, while notching up Rs. 50,000 crore and more in pre-sales revenues from FY2016-22. The Group already has 95 million sq. ft. in the planning and development stage, while having delivered more than 50,000 homes between FY2016-22.

Rustomjee

Rustomjee is another leading name in the arena of reputed real estate builders in the city. The company was established in 1996 and is known for offering projects with aesthetically appealing designs and elevated lifestyles in addition to environment-friendly construction techniques.

It has also developed several premier gated communities, townships, commercial hubs and other landmarks in Mumbai. It has already delivered more than 20 million sq. ft. over the years along with more than 280 buildings. It has completed more than 14,000 homes and two township projects.

Runwal

The Runwal Group was founded in 1978 and is one of the leading realty developers in the country with a portfolio of 65+ projects. It already has more than 30,000 happy families as its customers throughout the city. The Group is famous for its projects like the R Mall and R City along with developing iconic gated communities such as Runwal Bliss and Runwal Forests. It has also developed the city’s very first Kidzania in the city at the R City Mall.

Kalpataru

Kalpataru Limited was founded in 1969 and offers more than five decades of experience in developing cutting-edge real estate including gated communities, towers, commercial properties and more. The company has already delivered 22.39 million sq. ft. along with having more than 19,500 happy families as its customers. It has delivered 110 projects with a presence across more than 9 cities.

Godrej Properties

Godrej Properties is a part of the well-known Godrej Group, one of India’s most trusted and iconic business houses, with a presence across real estate, FMCG, home appliances, security, furniture, engineering, agri-care and more. It has annual revenues of approximately USD$5 billion along with a customer base of more than 1.1 billion customers throughout the world. It was founded in 1897 and is synonymous with excellence. It has received more than 250 recognitions and awards, while having developed the country’s tallest occupied building called Planet Godrej in 2008.

The Godrej BKC project is the sole LEED Platinum-rated structure in the BKC. Godrej Properties also set a new sales record for the highest-ever sales transaction for commercial properties for INR 1,479 crore in 2015 at the project. Godrej Properties took steps to become a publicly-listed entity via a successful IPO in 2010 where it raised around USD$100 million. It also created a fund management subsidiary entity in 2016, raising USD$275 million in the biggest residential real estate-centric fund raising for the year in the country. It was the first publicly-listed realty developer in 2016 by sales values, selling more than INR 5,000 crore in properties for the year. It also delivered 0.56 million square metres throughout seven Indian cities in 2016.