The Indian real estate sector is experiencing a boom, with established players reaping the benefits. A recently released report, the 2024 GROHE-Hurun India Real Estate 100 list, showcases this growth by highlighting the significant rise in valuations of leading companies.
DLF, a household name in Indian real estate, continues its reign at the top spot. The company’s valuation skyrocketed to over Rs 2 lakh crore, a remarkable 72% increase compared to the previous year. This impressive growth demonstrates DLF’s enduring strength and strategic vision.
Following closely behind is Macrotech Developers, which secured the second position with a valuation of Rs 1.4 lakh crore. This represents a staggering 160% increase, reflecting the company’s rapid expansion and market success. The Indian Hotels Company (IHCL), famed for its iconic Taj Group hotels, also witnessed impressive growth, climbing to the third position with a valuation of Rs 79,150 crore, a significant 43% rise.
This report by GROHE-Hurun paints a positive picture of India’s real estate sector, highlighting its potential for continued growth. The substantial valuation gains achieved by DLF, Macrotech Developers, and IHCL not only solidify their positions as leading players but also serve as a testament to the overall strength and vibrancy of the Indian real estate market.
