Discover leading commercial and residential real estate developers, REITs, and construction compounders benefiting from Indian residential housing upcycles.
The Real Estate Sector in India: Comprises 97 publicly listed companies on the National Stock Exchange of India (NSE) with an aggregate market capitalization of ₹7,57,108 Crores. The sector trades at a median Price-to-Earnings (P/E) multiple of 20.2x. Generates a median Return on Capital Employed (ROCE) of 13.9%. Demonstrates an average 3-year sales growth rate of 10.9%.
| # | Company | Price | Market Cap (Cr) ▼ | P/E | ROCE | 3Y Sales Gr | Div Yield |
|---|---|---|---|---|---|---|---|
| 1 | DLF LIMITED DLF•Real Estate - Development | ₹644.5 | ₹1,59,534 | 37.5x | 16.9% | -27.7% | 123.00% |
| 2 | LODHA DEVELOPERS LIMITED LODHA•Real Estate - Development | ₹1,116.9 | ₹1,11,603 | 27.6x | 26.8% | 26.0% | 38.00% |
| 3 | THE PHOENIX MILLS LTD PHOENIXLTD•Real Estate - Diversified | ₹1,890 | ₹67,601 | 54.8x | 18.8% | 17.7% | 13.00% |
| 4 | PRESTIGE ESTATE LTD PRESTIGE•Real Estate - Diversified | ₹1,498 | ₹64,523 | 51.0x | 12.9% | 67.5% | 14.00% |
| 5 | OBEROI REALTY LIMITED OBEROIRLTY•Real Estate - Development | ₹1,741.1 | ₹63,307 | 24.4x | 21.5% | 29.9% | 45.00% |
| 6 | GODREJ PROPERTIES LTD GODREJPROP•Real Estate - Development | ₹1,748 | ₹52,654 | 30.7x | 11.4% | 12.6% | 61.00% |
| 7 | ANANT RAJ LIMITED ANANTRAJ•Real Estate - Development | ₹598.35 | ₹21,533 | 37.1x | 22.2% | 2.6% | 17.00% |
| 8 | BRIGADE ENTER. LTD BRIGADE•Real Estate - Development | ₹638.65 | ₹20,830 | 29.1x | 13.9% | 4.8% | 36.00% |
| 9 | HORIZON INDUSTRIAL PRKS L HORIZONIND•Real Estate - Development | ₹55.67 | ₹16,049 | 152.8x | - | - | - |
| 10 | ADITYA BIRLA REAL EST LTD ABREL•Real Estate Services | ₹1,281.6 | ₹14,172 | - | 3.5% | 4.6% | 23.00% |
| 11 | SOBHA LIMITED SOBHA•Real Estate - Development | ₹1,216.8 | ₹13,014 | 56.7x | 19.6% | 32.1% | 49.00% |
| 12 | SIGNATUREGLOBAL INDIA LTD SIGNATURE•Real Estate - Development | ₹760.85 | ₹10,704 | 10.3x | 35.7% | -23.0% | - |
| 13 | MAX ESTATES LIMITED MAXESTATES•Real Estate - Development | ₹560.45 | ₹9,168 | 793.4x | 2.7% | 16.6% | - |
| 14 | EMBASSY DEVELOPMENTS LTD EMBDL•Real Estate - Diversified | ₹55.28 | ₹7,684 | - | -2.1% | -37.8% | - |
| 15 | MAHINDRA LIFESPACE DEVLTD MAHLIFE•Real Estate - Development | ₹353.05 | ₹7,541 | 23.0x | 23.9% | 876.4% | 97.00% |
| 16 | GANESH HOUSING LIMITED GANESHHOU•Real Estate - Development | ₹763.4 | ₹6,366 | 22.6x | 23.6% | -28.6% | 21.00% |
| 17 | SMARTWORKS COWORKING SP L SMARTWORKS•Real Estate Services | ₹530.75 | ₹6,071 | 216.8x | 9.5% | 36.4% | - |
| 18 | INDIABULLS LIMITED IBULLSLTD•Real Estate - Development | ₹26.14 | ₹5,859 | 12.0x | - | 1145.4% | - |
| 19 | KALPATARU LIMITED KALPATARU•Real Estate - Development | ₹266.25 | ₹5,483 | 53.2x | 1.8% | 62.4% | - |
| 20 | NIRLON LTD NIRLON•Real Estate Services | ₹607.5 | ₹5,475 | 15.3x | 34.2% | - | 495.00% |
| 21 | VALOR ESTATE LIMITED DBREALTY•Real Estate - Development | ₹97.79 | ₹5,304 | 443.1x | 18.8% | -14.0% | - |
| 22 | PURAVANKARA LIMITED PURVA•Real Estate - Development | ₹212.06 | ₹5,029 | 33.5x | 14.5% | 116.2% | - |
| 23 | KEYSTONE REALTORS LIMITED RUSTOMJEE•Real Estate - Development | ₹344.95 | ₹4,355 | 33.2x | 11.4% | 52.6% | 38.00% |
| 24 | INDIQUBE SPACES LIMITED INDIQUBE•Real Estate Services | ₹202.87 | ₹4,301 | - | 8.3% | - | - |
| 25 | SUNTECK REALTY LIMITED SUNTECK•Real Estate - Development | ₹288 | ₹4,229 | 19.1x | 14.7% | 55.4% | 54.00% |
| 26 | RAYMOND REALTY LIMITED RAYMONDREL•Real Estate - Development | ₹583.55 | ₹3,884 | 14.9x | 21.6% | 285.0% | 30.00% |
| 27 | TARC LIMITED TARC•Real Estate - Development | ₹131.39 | ₹3,877 | - | 0.5% | -10.7% | - |
| 28 | KOLTE PATIL DEV. LTD. KOLTEPATIL•Real Estate - Development | ₹436.85 | ₹3,874 | 72.6x | 20.3% | 7.8% | - |
| 29 | ASHIANA HOUSING LTD ASHIANA•Real Estate - Development | ₹346.75 | ₹3,486 | 29.3x | 1.7% | -1.2% | 64.00% |
| 30 | HEMISPHERE PROP IND LTD HEMIPROP•Real Estate - Diversified | ₹120.62 | ₹3,439 | - | -0.7% | 76.3% | - |
| 31 | AGI INFRA LIMITED AGIIL•Real Estate - Development | ₹272.95 | ₹3,412 | 33.1x | 21.8% | 3.8% | 8.00% |
| 32 | MARATHON NXTGEN REALT LTD MARATHON•Real Estate - Development | ₹435.45 | ₹2,937 | 14.8x | 20.5% | -29.4% | 26.00% |
| 33 | ARVIND SMARTSPACES LTD ARVSMART•Real Estate - Development | ₹598.05 | ₹2,743 | 14.6x | 32.3% | 9.3% | 37.00% |
| 34 | EFC (I) LIMITED EFCIL•Real Estate Services | ₹185.18 | ₹2,740 | 10.6x | 21.5% | 42.2% | - |
| 35 | ALEMBIC LIMITED ALEMBICLTD•Real Estate - Development | ₹104.33 | ₹2,679 | 8.4x | 7.9% | -8.7% | 221.00% |
| 36 | HUBTOWN LIMITED HUBTOWN•Real Estate - Development | ₹181.21 | ₹2,575 | 23.8x | 22.0% | -4.9% | - |
| 37 | AJMERA REALTY & INF I LTD AJMERA•Real Estate - Development | ₹116.75 | ₹2,298 | 14.1x | 19.6% | 1.4% | 83.00% |
| 38 | OMAXE LIMITED OMAXE•Real Estate - Development | ₹123.98 | ₹2,277 | - | - | -3.2% | - |
| 39 | ARKADE DEVELOPERS LIMITED ARKADE•Real Estate - Development | ₹122.03 | ₹2,266 | - | 23.8% | -14.4% | 142.00% |
| 40 | SHIPPING CORP OF ILA LTD SCILAL•Real Estate Services | ₹38.14 | ₹1,777 | 62.3x | 1.7% | -4.3% | 150.00% |
| 41 | AURUM PROPTECH LIMITED AURUM•Real Estate Services | ₹224.02 | ₹1,719 | 39.4x | -1.6% | -3.9% | - |
| 42 | TEXMACO INFRA & HOLDG LTD TEXINFRA•Real Estate Services | - | ₹1,472 | 156.8x | 6.5% | 5.5% | 13.00% |
| 43 | MEGHNA INFRACON INFRA L MIIL•Real Estate - Development | ₹676.45 | ₹1,470 | 316.7x | 28.4% | 23.2% | 4.00% |
| 44 | SHRIRAM PROPERTIES LTD SHRIRAMPPS•Real Estate - Development | ₹71.83 | ₹1,226 | 13.3x | - | 37.0% | - |
| 45 | ARIHANT FOUN & HOU LTD ARIHANT•Real Estate - Development | ₹887.75 | ₹964 | 14.2x | 16.3% | 92.1% | - |
| 46 | ARIHANT SUPERSTRUCT LTD ARIHANTSUP•Real Estate - Development | ₹218.45 | ₹945 | 23.7x | 13.2% | -14.1% | 11.00% |
| 47 | SURAJ ESTATE DEVELOPERS L SURAJEST•Real Estate - Development | ₹174.59 | ₹837 | 10.5x | 22.9% | 4.0% | - |
| 48 | PROZONE REALTY LIMITED PROZONER•Real Estate - Diversified | ₹52.88 | ₹807 | 52.3x | 6.0% | -9.9% | - |
| 49 | ELDECO HSG & IND LTD. ELDEHSG•Real Estate Services | ₹783.5 | ₹770 | 20.8x | 10.4% | -6.0% | 120.00% |
| 50 | GEECEE VENTURES LIMITED GEECEE•Real Estate - Development | - | ₹762 | 16.2x | 11.5% | -10.0% | 53.00% |
| 51 | MODIS NAVNIRMAN LTD MODIS•Real Estate - Development | ₹365.5 | ₹716 | 23.1x | 47.4% | - | - |
| 52 | HAZOOR MULTI PROJECTS LTD HAZOOR•Real Estate - Development | ₹19.22 | ₹554 | 19.0x | 13.7% | -30.5% | - |
| 53 | PENINSULA LAND LIMITED PENINLAND•Real Estate - Development | ₹15.59 | ₹517 | - | - | -50.7% | - |
| 54 | PTL ENTERPRISES LTD PTL•Real Estate Services | ₹38.43 | ₹509 | 11.1x | 23.6% | 33.3% | 1113.00% |
| 55 | PANSARI DEVELOPERS LTD PANSARI•Real Estate - Development | ₹281.5 | ₹491 | 24.2x | 1.7% | -35.0% | - |
| 56 | NILA SPACES LIMITED NILASPACES•Real Estate - Development | ₹12.28 | ₹484 | 15.3x | 44.4% | 297.9% | - |
| 57 | OSWAL AGRO MILLS LTD OSWALAGRO•Real Estate - Development | ₹35.6 | ₹479 | - | -1.3% | -100.0% | - |
| 58 | MAJESTIC AUTO LTD. MAJESAUT•Real Estate Services | ₹366.7 | ₹381 | 4.0x | 21.5% | -69.8% | 1371.00% |
| 59 | SURATWWALA BUS GROUP LTD SBGLP•Real Estate - Development | ₹21.56 | ₹374 | 8.9x | 31.3% | 292.2% | 52.00% |
| 60 | EMAMI REALTY LIMITED EMAMIREAL•Real Estate - Development | ₹69.8 | ₹363 | - | -5.4% | -26.7% | - |
| 61 | RDB REAL ESTATE CONS L RRECL•Real Estate Services | ₹133.8 | ₹352 | - | 1.4% | 201.2% | - |
| 62 | DEV ACCELERATOR LIMITED DEVX•Real Estate Services | ₹34.05 | ₹322 | 31.6x | 17.0% | 9.2% | - |
| 63 | ASHIMA LTD ASHIMASYN•Real Estate - Development | ₹16.61 | ₹318 | - | -2.9% | -66.7% | - |
| 64 | MODI RUBBER LTD MODIRUBBER•Real Estate Services | ₹123.91 | ₹310 | 31027.7x | 1.4% | 13.0% | - |
| 65 | LANCOR HOLDINGS LIMITED LANCORHOL•Real Estate - Development | ₹36.95 | ₹272 | 4.8x | 36.0% | -31.1% | 60.00% |
| 66 | NILA INFRASTRUCTURES LTD NILAINFRA•Real Estate - Development | ₹6.64 | ₹262 | 10.5x | 21.5% | 6.1% | - |
| 67 | SHRADHA REALTY LIMITED SHRADHA•Real Estate - Development | ₹30.84 | ₹250 | 8.7x | 20.2% | 8.2% | 203.00% |
| 68 | RAVINDER HEIGHTS LIMITED RVHL•Real Estate - Development | ₹39.46 | ₹242 | 5.1x | 140.7% | 81.2% | - |
| 69 | SUMIT WOODS LIMITED SUMIT•Real Estate - Development | ₹49.4 | ₹236 | 35.8x | 10.9% | -24.2% | 40.00% |
| 70 | NATIONAL STAND (INDIA) L NATIONSTD•Real Estate - Development | ₹110.11 | ₹220 | 19.6x | 4.1% | 250.6% | - |
| 71 | AMJ LAND HOLDINGS LIMITED AMJLAND•Real Estate - Development | ₹38.56 | ₹158 | 10.5x | 17.3% | -14.6% | 53.00% |
| 72 | PRAJAY ENG. SYN. LTD. PRAENG•Real Estate - Development | ₹21.93 | ₹153 | - | -14.2% | -25.1% | - |
| 73 | SUPREME HOLDIN N HOSP I L SUPREME•Real Estate - Development | ₹34.74 | ₹135 | 198.2x | 1.6% | -86.4% | - |
| 74 | CORAL INDIA FIN & HOUS LT CORALFINAC•Real Estate Services | ₹32.16 | ₹130 | 9.0x | 9.3% | -39.4% | 62.00% |
| 75 | ROLLATAINERS LIMITED ROLLT•Real Estate Services | ₹4.75 | ₹119 | 7.0x | - | - | - |
| 76 | THAKKERS DEVELOPERS LTD. THAKDEV•Real Estate - Development | ₹128.15 | ₹115 | 8.2x | 100.5% | 19.4% | - |
| 77 | MOTOR & GENERAL FINANCE L MOTOGENFIN•Real Estate Services | ₹25.59 | ₹100 | 0.7x | 131.9% | -20.4% | - |
| 78 | ART NIRMAN LIMITED ARTNIRMAN•Real Estate - Development | ₹39.92 | ₹100 | 78.9x | 13.9% | -66.2% | - |
| 79 | SHERVANI INDUSTRIAL SYN L SHERVANI•Real Estate - Development | ₹348.85 | ₹90 | 345.2x | 2.9% | -65.6% | 77.00% |
| 80 | LANDMARK PR.DEV.CO.LTD LPDC•Real Estate Services | ₹6.16 | ₹83 | 9.8x | 152.3% | 356.4% | - |
| 81 | ICDS LTD ICDSLTD•Real Estate Services | ₹62.52 | ₹81 | 125.3x | 70.6% | -21.4% | - |
| 82 | PARSVNATH DEVELOPER LTD PARSVNATH•Real Estate - Development | ₹1.72 | ₹75 | - | 0.5% | -57.2% | - |
| 83 | HOUSING DEV & INFRA LTD HDIL•Real Estate - Diversified | ₹1.47 | ₹70 | - | - | 119.7% | - |
| 84 | DHARAN INFRA-EPC LIMITED DHARAN•Real Estate - Development | ₹0.13 | ₹68 | 14.0x | -5.5% | -85.1% | - |
| 85 | ANSAL PROP & INFRA LTD ANSALAPI•Real Estate - Development | - | ₹66 | - | - | 4.3% | - |
| 86 | FUTURE MKT NETWORKS LTD FMNL•Real Estate Services | ₹9.43 | ₹63 | 7.9x | - | -23.1% | - |
| 87 | ANSAL BUILDWELL LTD. ANSALBU•Real Estate - Development | ₹82 | ₹61 | 13.2x | 10.7% | 21.8% | - |
| 88 | COUNTRY CONDO S LIMITED COUNCODOS•Real Estate - Development | ₹6.4 | ₹50 | 80.9x | 11.6% | -30.3% | - |
| 89 | MEDI CAPS LTD. MEDICAPQ•Real Estate - Diversified | ₹31.7 | ₹40 | - | -3.0% | -42.8% | - |
| 90 | MPDL LTD. MPDL•Real Estate - Development | ₹32.11 | ₹24 | - | -12.5% | 122.6% | - |
| 91 | DS KULKARNI DEVELOPERS L DSKULKARNI•Real Estate - Development | ₹21 | ₹21 | - | 78.1% | - | - |
| 92 | STEEL STRIPS INFRA L STLSTRINF•Real Estate Services | ₹21.2 | ₹18 | - | -28.0% | 658.1% | - |
| 93 | EUROTEX IND & EXPORTS LTD EUROTEXIND•Real Estate - Development | ₹13.2 | ₹16 | - | - | 11.0% | - |
| 94 | SHRADDHA PRIME PROJECTS L SHRADDHA•Real Estate - Development | ₹152.67 | - | 9.7x | 27.5% | 208.5% | - |
| 95 | MERCANTILE VENTURES LTD. MERCANTILE•Real Estate Services | ₹23.86 | - | 34.8x | 10.8% | 87.5% | - |
| 96 | SIMPLEX REALTY LTD. SIMPLXREA•Real Estate - Development | ₹137 | - | - | -3.8% | 222.5% | - |
| 97 | S V GLOBAL MILL LTD. SVGLOBAL•Real Estate Services | ₹133.35 | - | - | 6.6% | -58.2% | - |