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TOP 5 REAL ESTATE COMPANIES IN INDIA

DLF

 Delhi Land and Finance Limited (DLF) is the largest real estate player in India with more than 20,000 crores of Market Capitalization. It builds retail, office and residential properties. It is now present in 24 cities in India across 15 different states. The company presently has 45msf of projects under construction along with 290 msf of planned projects. DLF is a Delhi based company founded by Chaudhary Raghvendra Singh in 1946. Its first venture was Krishna Nagar in Delhi which was successfully completed in 1949. With that success, it took long leaps in real estate construction in the subsequent years developing 21 colonies in Delhi which included colonies in some well-known areas like Kailash Colony, South Extension and Greater Kailash. Its growth in other cities came as a consequence of the passage of Delhi Development Act in 1957, which stated that government will assume control in all the real estate activities in Delhi.

 Oberoi Realty

 Oberoi realty is one of the leading real estate builder in India and is based out in Mumbai. Its interests lie in developing residential, hospitality, retail, office and infrastructure properties in Mumbai. It has completed over 38 projects that aggregate to around 9.16 million sq. feet of spaces across Mumbai. It also has aggressive plans for its growth in future with another 20.61 million sq. feet in the construction and planning phase across Mumbai and other regions.

The company is led by Vikas Oberoi, one of the richest billionaires in India. It was incorporated as Oberoi constructions in early 1980s by his father. He took over the company in 1997 and led the company in growth route by developing several residential and commercial projects. He presently has 75% stake in the Oberoi Realty. Morgan Stanley’s real estate arm invested $152 million for a 10% stake in the company recently. Oberoi Realty Limited has been listed on the Bombay Stock Exchange in 2010.

 Radiance Realty

 Radiance Realty is an Indian real estate development company that develops residential real estate projects in the Chennai area. Under the leadership of MD Varun Manian, Radiance Realty has raised from good to best in the field of construction. The company, 60 per cent of whose upcoming residential projects are on the rapidly developing IT corridor of Rajiv Gandhi Salai (OMR), Chennai, is staking its claim to be the fastest growing real estate firm in the city. Radiance traces its roots to NAPC, an engineering, procurement and construction company, which was acquired in January 2012 by French infrastructure and contracting multinational Vinci. Radiance has delivered projects totalling over 3.82 lakh sq. ft of built-up space. The under-construction projects are a little over 27.80 lakh sq. ft. The sale of the road and infrastructure construction business of NAPC turned Radiance cash rich. NAPC was in the business for over six decades and at the time of the sale its revenue was about Rs.600 crore.

 Prestige Estates

 Prestige estate is part of Prestige group of companies. t is one of the leading developers in South India featuring into Commercial, Hospitality, Residential and Retail sectors. It is a Bangalore based company with its corporate office in The Falcon House. The company has finished over 180 projects till now spanning the developed are to an extent of 61 million square feet. It currently has 57 ongoing projects spanning about 60 million sq.ft. It also has 43 more projects coming up in the future covering several asset classes like Shopping malls, Apartment conclaves and Corporate Offices.

 Sobha

 Sobha limited was earlier known as Sobha developers, is one of the top most companies in the real estate projects. It is headquartered in Bangalore. It projects include residential areas and housing projects, commercial premises, townships and others. It also carries manufacturing related activities related to interiors. The idea behind this is to provide backward integration to its turnkey projects. Though it involves in other manufacturing related activities its prime focus always remains to be on residential and contractual projects.

Entrepreneur Section - Interview with one of leading Businessman Vaurn Manian

Varun Manian is an Indian entrepreneur who leads companies in the property development, media, interiors, facility management, total home care and sports industry. All these companies are a part of Radiance Group of Companies

This third generation entrepreneur who heads Radiance Realty Developers India Ltd, a real estate venture that is his brainchild, is passionate about his business.  His gracious home on a leafy avenue in a posh locality in Chennai reflects the elegance and charm of the man. Dressed casually in jeans and a tee that accentuate his boyish, clean-cut, handsome looks, Varun greets us warmly as we enter. While ace lensman Kunal Daswani gets ready for the exclusive cover photo shoot, we sit in the spacious living room, attractively furnished, with French windows looking out onto a pretty lawn fringed with plants.

Born into one of the well-known, old Chennai families, Varun has had a privileged childhood. Nevertheless, he is determined to strive and succeed on his own terms. He recollects, “I grew up with two working parents. My mother worked for a travel agency and my father inherited his construction business from his father.” Varun grew up in a joint family with his parents and grandparents; he lost his grandfather when he was very young.  His father and his uncle – his father’s younger brother who is no more – worked in the family business. Says Varun, “I grew up in a work-charged atmosphere. So it would have been illogical of me to think I would be doing anything else except this.”

Read full interview on http://www.ritzmagazine.in/2013/09/work-hard-play-harder/

Best Entrepreneur Quotes

One of the best entrepreneur quotes that I always remember is “Entrepreneurship is not only about making profits” by Varun Manian. He is one of the young guns of Real estate developers in Chennai. He is the MD of Radiance Realty which is one of the top Real estate brands in Southern India. 

The landscape of Indian business is evolving at the speed of light. The ideologies and principles of the younger generation are more specific and businesses are going on the far side than the usual mapping. One who deserves a worthy mention on broadening the horizon is Varun Manian. At a very young age, he managed to not only surge as a successful businessman but also played a vital role in giving back to the society.

Born and brought up in Chennai, post his graduation from New York University, he returned to India to be a part of his private corporation. After gaining hands on experience by operating from the bottom, he branched out on his own to start out the Radiance Group of companies.

As Varun says “Karl Marx was compulsory reading at school in NYU. I always remember the line – From each according to his ability. To each according to his need.  My take from the first sentence is that I have to work to my maximum ability. The second sentence has taught that it is my mission to look after my customers, my business associates, my colleagues and of course to help society in whatever small way I can.”

Read the complete article on http://varunmanian.tumblr.com/post/144245537850/entrepreneurship-is-not-only-about-making-profits

Radiance Realty- A Successful Venture by Varun Manian

Radiance Realty is a renowned and a successful realty venture that is managed by the young and dynamic entrepreneur, Varun Manian.  

Radiance Realty is based out of Chennai and is spreading its wings fast down south in India and abroad. The Manian family is at the heart of Radiance Realty. In 1949 they established NAPC, a leading construction company in Chennai, India and the Middle East. In 2012, NAPC Properties evolved to become Radiance Realty Developers India Ltd.

A ratio of learning and experimentation without compromising on quality has lead Radiance Realty to be the pioneers in the real estate space. 

Varun Manian’s focus and vision is the driving force and is consistently pushing the bar to evolve in to the best real estate developers in India. Built on the pillars of Quality and Integrity, Radiance Realty is the edifice that emphasises delivering the highest possible standards to its customers.

Radiance Realty has been building dream homes and conveying way of life to masses. The main impetus of the Manian family has been to figure out how to inspire Radiance Realty and make it the most reputed and trusted Real Estate Developers in Tamil Nadu.

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