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India's property market has heated up since the pandemic, with 2023 being the best year for home sales in at least 15 years. With about 70 million Indian households turning eligible for home ownership over the next 10 years, there would be a requirement for as many as 100 million new houses.
Eighteen major listed real estate developers sold properties worth Rs 1.17 lakh crore during the last fiscal with Godrej Properties becoming the largest player posting Rs 22,527 crore of sales bookings. Except for a few realty players, all major developers have achieved higher sales bookings in
New Delhi, Jan 27 Realty firm Macrotech Developers Ltd on Saturday reported a 25 per cent increase in its consolidated net profit to Rs 505 crore for t..
Rajiv Singh is the sole heir of real estate king Kushal Pal Singh, who retired in 2020 at the age of 90 and gave the charge of DLF to Rajiv Singh.
Realty major DLF's chairman Rajiv Singh remains the wealthiest Indian real estate entrepreneur with a wealth of Rs 59,030 crore, according to GROHE-HURUN India. With a wealth of Rs 42,270 crore, Mangal Prabhat Lodha and his family of Mumbai-based Macrotech Developers (Lodha Group) is at the second position. Arjun Menda & family of Bengaluru-based RMZ Corp debuted at the third position on the list, with a wealth of Rs 37,000 crore.