Mumbai Tops List of India’s Most Valuable Real Estate Companies with ₹6.96 Lakh Crore in Assets: 2025.

India’s booming luxury real estate sector is entering a transformative phase, and Mumbai is leading the charge.
According to the recently released 2025 Grohe-Hurun India Real Estate Rich List, Mumbai has emerged as the undisputed real estate capital of India, home to 42 of the country’s 150 most valuable real estate companies. These companies alone account for a staggering cumulative valuation of ₹6,96,800 crore, far ahead of any other Indian city.

Following Mumbai, Bengaluru ranks second with 23 companies valued collectively at ₹1,97,400 crore, while New Delhi secures the third spot with 16 real estate firms worth ₹89,700 crore. Hyderabad and Pune round out the top five, each contributing 13 firms to the list, with valuations of ₹93,700 crore and ₹44,800 crore respectively.

Together, these five cities account for 71% of the total companies in the list — a powerful testament to the concentration of real estate wealth in India’s top-tier urban centers.

India’s Real Estate Boom: Key Highlights from the Hurun Report

• Total valuation of India’s top 150 real estate firms: ₹16 lakh crore (USD 188 billion)
• 60% of companies now operate beyond their home state, reflecting national expansion
• 17 companies have gone global, signaling international ambitions
• 33 companies are run by professional CEOs — not from founding families
• 4 companies are led by women CEOs, marking a shift toward inclusivity
• Average age of leadership: 67, but the youngest leader is just 31

“This report reaffirms Mumbai's legacy as India's real estate powerhouse, with ₹6.9 lakh crore in assets. Yet, the rise of cities like Bengaluru, Hyderabad, and Pune underscores the sector’s growing geographic diversity,” said Anas Rahman Junaid, Founder and Chief Researcher at Hurun India. “What’s more exciting is the shift toward professional leadership and global expansion, showcasing India’s real estate brands as not just dominant locally, but increasingly ambitious globally.”

India’s Wealthiest Real Estate Titans

The Hurun report also spotlighted the top real estate entrepreneurs in the country:

1. Rajiv Singh – DLF Group
2. Mangal Prabhat Lodha & Family – Lodha Developers (Macrotech Developers)
3. Gautam Adani – Adani Realty

These industry leaders have not only shaped skylines but also redefined luxury living in India, playing pivotal roles in transforming the nation’s urban infrastructure.

A Shift Toward Professionalism and Inclusivity

The most notable trend emerging from the report is the increasing professionalization of the real estate industry. With a third of top-performing companies being led by non-family professionals, and a noticeable presence of women in leadership roles, India’s property sector is moving beyond its traditional roots to embrace a more inclusive and corporate-led growth model.

This shift is vital in attracting global investors, high-net-worth individuals (HNIs), and luxury homebuyers, all of whom demand transparency, scale, and innovation from developers.

Why This Matters for Luxury Homebuyers and Investors

As India’s luxury property market matures, the emergence of powerful real estate brands across cities is creating a buyer’s market with premium choices, especially in metropolitan hubs. Whether it’s a sky villa in South Mumbai, a high-tech penthouse in Bengaluru, or a gated estate in Hyderabad, buyers now seek more than just a home — they seek a lifestyle investment.

That’s where platforms like HomeSharp step in. As India’s premier destination for ultra-luxury properties, HomeSharp offers access to the country’s most exclusive residences, backed by trusted developers from this very list. With curated experiences, personalized service, and market intelligence, HomeSharp is empowering a new generation of discerning buyers to navigate India’s top-tier real estate with confidence and class.

Final Takeaway

The 2025 Hurun report paints a bold and optimistic picture of India's real estate future. Mumbai leads the pack, but the rest of the country is catching up fast — and doing it with vision, professionalism, and global ambition. For investors and luxury property seekers, there has never been a better time to explore what India’s real estate elite has to offer.

Explore India’s most exclusive homes today — only on HomeSharp.
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