6 Most Powerful People in Indian Real Estate Sector




Share On Facebook

img img img img

1. KP Singh, DLF Group

DLF is instrumental in making suburbs of Delhi, like Gurgaon, into a glitzy metropole. It is credited with having developed residential colonies such as Shivaji Park (their first development), Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash, Kailash Colony and Hauz Khas. 

Headed by KP Singh, DLF is the biggest land holder of the country with holding in excess of 11500 acres. It's currently developing 41 million sq.ft. of projects, and has a mind boggling 280 million sq.ft of projects under planning.

2. Deepak Parekh, HDFC

The big daddy of housing finance in India, HDFC was founded in 1977 and today accounts for almost 25% of the home loan sector, a massive achievement for a private sector bank.  It has a home loan book of Rs. 1.5 lakh crore, quite clearly showing they are the steam running the real estate sector. 

3. Mangal Prabhat Lodha, Lodha Group

Based in Mumbai, the Lodha group is currently developing more than 40 million sq.ft. of real estate. It has almost 30 ongoing projects in India and abroad, including the 117 storey World One Tower. It has land reserves of 5800 acres, which makes it a powerful force in the real estate sector.

4. Kapil Wadhawan, DHFL

Wadhawan family promoted DHFL group is making huge strides in the home loan category. It was founded in 1984 by Rajesh Kumar Wadhawan with the aim that every Indian should own a home. It has come a long way since then with more than 250 offices across the country and a loan book in excess of Rs. 50,000 crore, making it the second largest private sector home loan financier of the country.

And they are painting the town red with their new Ghar Jaisa Loan campaign featuring Shah Rukh Khan.

5. Adi Godrej, Godrej Industries

Godrej Industries has holdings of almost 3500 acres in suburbs of Mumbai. The company is the largest private single land holder in Mumbai, and also one of the fastest growing real estate developers. Just that kind of land holding makes it a giant.

6. Sameer Gehlaut, Indiabulls Group

Developer/ Financier: Real estate is basically two sectors. Developers and financiers, and IndiaBulls has both. It develops real estate under the Company IndiaBulls Real Estate Limited and provides home loans under Indiabulls Housing Finance Limited.

With more than 1000 acres of land, 95% of which is in super metros like Mumbai and Delhi, plus SEZ land of about 2500 acres in Nashik, Indiabulls is very land rich. This is over and above the 30 million sq ft saleable area which is under development. 

While the real estate arm is busy acquiring and developing land, the financing arm has disbursements in excess of Rs. 1 lakh crore.  

Subscribe to Litizen. And allow us to brighten your day with fabulous stories.

Facebook Conversation

Leave a Comment

Your email address will not be published. Required fields are marked *

Create an Account

Send Me updates

Connect With Us