One of the most common questions we get is this:

Can you please share your review of this Real Estate Developer or Real Estate Agent?

So we decided to share our review a few big players in the Indian Real Estate Industry. We begin this series with the biggest player in the Industry – the DLF Group.

Founded in 1946 by Chaudhury Raghuvendra Singh, DLF today has over 224 million sq. ft. of land. Their existing projects would take this figure to 738 million sq. ft. of land. It was the only real estate player to be recognized under “Superbrands of India”. They now operate in 6 different segments, namely – Homes, Offices, Shopping Malls, Hotels, Infrastructure and SEZs. Of these, the last 3 are still in planning phase, and having forged partnerships with global giants Laing O’ourke, WSP, Fraport AG, Nakheel LLC and The Hilton Hotels, DLF is ready to become an international name to reckon with. Let’s discuss the areas they currently operate in:

Homes – DLF has almost 20 residential projects within Gurgaon itself, and now it is shifting focus to tier II cities like Kochi as well. With a projected area of around 375 million sq. ft. to be under residential complexes, township development is all set to find its way in Gurgaon, Amritsar, Goa, Mumbai, Pune and Chennai. It has also entered into a Public Private Partnership (PPP) with the Delhi Development Authority for developing residential projects.

Offices – Some of the commercial buildings that DLF has in Gurgaon, are a sight to behold, be it their own DLF Gateway Tower, The Ericsson Tower or The Nestle Tower. They’ve already worked on IT parks in most cities where an IT base is present – Chandigarh, Kolkata, Bangalore, Pune, Hyderabad, Chennai and Noida. With the total demand for office space set to go up to about 500 million sq. ft. in the next 10 years, DLF can only move upwards.

Shopping Malls – DLF pioneered the craze of the shopping mall concept in Indian Retail when it started the Gurgaon City Center in 2000. Today its offset itself into multiplexes as well with DT Cinemas. The retail presence of DLF is currently in 13 cities across the country. About 30 malls are in the planning, construction or soon to be released stage of DLF.

DLF recently was named the second most valued private company in India. It is truly on its way to achieving its vision of contributing significantly to building the new India and becoming the world’s most valuable real estate company. It is also one of the few public companies, so its stock is available for investors wanting to make an India Real Estate Fund.

About the Author: Ishan Sethi is a Sales & Marketing professional with keen interest in emerging sectors and India business opportunities. He is an alumnus of Indraprastha University and IIM Lucknow. He can be reached via the Contact page.