India's real estate sector is projected to touch the $180 billion mark by 2020 from $126 billion in 2015, according to a joint study by CREDAI and JLL. Market punters say Bangalore/Karnataka will have around 10 per cent share in it in terms of value. Below are the top builders of Bangalore. However, this is not to suggest any connection between them and political parties and their role in political funding. Over 70 per cent of their development activities are focused on the city while the rest of the projects are spread across the state and in other southern cities.
Top Leading Real Estate Developer
- Prestige Group : Prestige was founded by Razack Sattar during the 1960s, and in the mid 1980s his sons – Irfan Razack, Rezwan Razack and Noaman Razack – developed the business.
- Brigade Group: Brigade Group was established in 1986 by M R Jaishankar. It has a diverse multi-domain portfolio that covers property development, property management services, hospitality and education. In addition to Bangalore it also operates in Mysore, Chikmagalur, Chennai, Hyderabad and Kochi.
- Embassy Group: Jitu Virwani promoted Embassy Group is into all verticals of realty including commercial, residential, hospitality, industrial warehouse spaces, services, retail and education. The developer and builder commenced its operations in 1993.
- Sobha Limited: Sobha Ltd focuses on construction, development, sale, management and operation of townships, housing projects, commercial premises and hospitality ventures. Founded by NRI P N C Menon in 1995, the group completed 102 real estate projects and 262 contractual projects covering about 70.54 million square feet of area.
Source: http://www.mydigitalfc.com/deep-dive/top-builders-bangalore
