Residential upcycle continues with consolidated balance sheets and record pre-sales across top developers.
| Company | M.Cap | Price | P/E | P/B | ROE | ROCE | D/E | Div Yield | 1Y Return |
|---|---|---|---|---|---|---|---|---|---|
| DLF Ltd | ₹1,65,054 Cr | ₹666.8 | 37.1 | 3.6 | 10.0% | 6.1% | 0.0 | 1.2% | +2.22% |
| Lodha Developers Ltd | — | ₹1,165.85 | — | — | 15.8% | 15.9% | 0.4 | — | +8.49% |
| The Phoenix Mills Ltd | ₹67,601 Cr | ₹1,887.65 | 52.1 | 6.2 | 11.0% | 12.4% | 0.5 | 0.1% | +0.14% |
| Prestige Estates Projects Ltd | — | ₹1,531.1 | — | — | 7.5% | 10.4% | 1.1 | — | +0.88% |
| Oberoi Realty Ltd | — | ₹1,786.9 | — | — | 14.6% | 17.3% | 0.2 | — | +7.71% |
| Godrej Properties Ltd | ₹55,486 Cr | ₹1,840.35 | 34.3 | 2.9 | 8.8% | 7.6% | 0.8 | 0.5% | -2.05% |
| Knowledge Realty Trust | ₹50,126 Cr | — | 79.9 | 1.2 | 1.7% | 5.2% | 0.3 | 1.5% | 0.00% |
| Embassy Office Parks REIT | ₹41,611 Cr | — | 170.0 | 2.0 | 1.3% | 5.6% | 1.1 | 0.1% | +13.9% |
| Mindspace Business Parks REIT | ₹32,873 Cr | — | 41.6 | 2.1 | 4.8% | 4.4% | 0.9 | 5.4% | +25.93% |
| Nexus Select Trust | ₹25,297 Cr | — | 57.4 | 1.9 | 2.7% | 5.8% | 0.5 | 1.4% | +24.91% |
| Anant Raj Ltd-$ | — | ₹619 | — | — | 11.2% | 10.2% | 0.1 | — | +9.35% |
| Brigade Enterprises Ltd | — | ₹665.2 | — | — | 11.6% | 6.8% | 0.8 | — | -22.34% |
| Sobha Ltd | — | ₹1,232.1 | — | — | 4.2% | 5.0% | 0.2 | — | -20.48% |
| Signatureglobal (India) Ltd | — | ₹790.8 | — | — | 85.0% | 34.7% | 1.6 | — | -17.25% |
| WeWork India Management Ltd | ₹9,375 Cr | ₹675.1 | 110.9 | 30.4 | 30.1% | 1.0% | 18.6 | — | +11.76% |
| Max Estates Ltd | — | ₹543 | — | — | 0.7% | 0.3% | 0.8 | — | +32.29% |
| Embassy Developments Ltd | — | — | — | — | -9.1% | -5.8% | 0.5 | — | -5.47% |
| Mahindra Lifespace Developers Ltd | — | ₹366.7 | — | — | 12.0% | 8.4% | 0.2 | — | -3.35% |
| Ganesh Housing Ltd | — | ₹760.3 | — | — | 16.0% | 18.8% | 0.3 | — | +0.65% |
| Smartworks Coworking Spaces Ltd | — | ₹544.4 | — | — | 3.3% | 8.3% | 9.0 | — | +15.12% |
| Nirlon Ltd | — | ₹620.95 | — | — | 83.8% | 18.1% | 2.5 | — | +21.18% |
| Kalpataru Ltd | — | — | — | — | 2.4% | 1.3% | 2.3 | — | -20.49% |
| Valor Estate Ltd | — | — | — | — | 0.6% | 1.2% | 0.2 | — | -7.75% |
| Puravankara Ltd | ₹5,030 Cr | — | 31.4 | 2.8 | 3.5% | 11.2% | 3.1 | 0.0% | -6.61% |
| Keystone Realtors Ltd | — | ₹354.2 | — | — | 2.8% | 4.7% | 0.5 | — | -25.63% |
| Sunteck Realty Ltd | — | — | — | — | 5.9% | 5.4% | 0.2 | — | -29.38% |
| Indiqube Spaces Ltd | — | — | — | — | -20.7% | -2.5% | 10.1 | — | +4.13% |
| Kolte-Patil Developers Ltd | ₹3,886 Cr | ₹438.25 | 74.8 | 3.2 | -3.7% | -0.3% | 1.0 | — | +17.23% |
| Kesar India Ltd | — | — | — | — | 20.0% | 15.2% | 0.2 | — | +96.25% |
| Raymond Realty Ltd | — | ₹574.25 | — | — | 37.8% | 16.3% | 0.7 | — | +4.23% |
| Tarc Ltd | ₹3,761 Cr | — | — | 3.5 | 1.8% | 2.3% | 1.8 | 0.0% | -23.81% |
| Hemisphere Properties India Ltd | ₹3,541 Cr | — | — | 8.2 | -2.7% | -2.6% | 0.2 | — | -9.05% |
| Ashiana Housing Ltd-$ | — | ₹348.35 | — | — | 14.5% | 13.1% | 0.4 | — | +19.77% |
| AGI Infra Ltd | — | — | — | — | 25.0% | 15.7% | 0.4 | — | -5.78% |
| Marathon Nextgen Realty Ltd | — | ₹439.55 | — | — | 11.9% | 10.2% | 0.0 | — | -13.15% |
| Elpro International Ltd | ₹2,932 Cr | — | 22.7 | 1.5 | 4.3% | 6.6% | 0.6 | 0.4% | +100.72% |
| EFC (I) Ltd | — | — | — | — | 34.8% | 15.1% | 1.7 | — | -34.28% |
| Alembic Ltd | — | — | — | — | 13.3% | 6.0% | 0.0 | — | +9.41% |
| Arvind SmartSpaces Ltd | ₹2,749 Cr | ₹611.65 | 14.9 | 4.2 | 14.2% | 12.4% | 0.9 | 0.4% | +6.76% |
| Omaxe Ltd | — | — | — | — | —% | -105.0% | — | — | +76.91% |
| Sumit Woods Limited | — | — | — | — | 3.5% | 3.2% | 0.6 | — | +434.25% |
| Ajmera Realty & Infra India Ltd | ₹2,303 Cr | — | 14.9 | 1.7 | 11.5% | 14.3% | 0.5 | 0.9% | -35.84% |
| Arkade Developers Ltd | — | — | — | — | 0.6% | 0.8% | 0.1 | — | -3.05% |
| Shipping Corporation of India Land and Assets Ltd | — | — | — | — | 1.0% | 1.2% | 0.0 | — | -14.89% |
| Aurum PropTech Ltd | ₹1,579 Cr | — | 1,680.0 | 3.1 | -3.8% | 1.3% | 0.4 | 0.0% | +26.66% |
| Meghna Infracon Infrastructure Ltd | ₹1,475 Cr | ₹679.25 | 325.2 | 53.9 | 21.9% | 31.3% | 0.8 | 0.0% | +31.06% |
| Texmaco Infrastructure & Holdings Ltd | ₹1,461 Cr | — | 161.0 | 1.4 | 0.9% | 1.4% | 0.0 | 0.1% | +18.05% |
| Shriram Properties Ltd | — | — | — | — | 7.2% | 4.8% | 0.4 | — | -5.67% |
| TCC Concept Ltd | ₹1,268 Cr | — | 19.3 | 0.8 | 5.4% | 5.7% | 0.2 | 0.0% | -90.42% |
| Unitech Ltd | — | — | — | — | —% | —% | — | — | -28.68% |
| Arihant Foundations & Housing Ltd-$ | — | ₹892.6 | — | — | 17.3% | 11.4% | 1.1 | — | -7.17% |
| Arihant Superstructures Ltd | ₹950 Cr | — | 23.8 | 2.6 | 13.7% | 10.6% | 2.4 | 0.1% | -27.3% |
| Suraj Estate Developers Ltd | ₹835 Cr | — | 9.1 | 0.9 | 9.5% | 14.5% | 0.7 | 0.0% | -25.8% |
| Eldeco Housing & Industries Ltd | — | ₹790 | — | — | 6.1% | 7.3% | 0.4 | — | -12.24% |
| GeeCee Ventures Ltd | — | ₹361.45 | — | — | 5.2% | 5.7% | 0.0 | — | +12.94% |
| Prozone Realty Ltd | — | — | — | — | 3.9% | 2.4% | 1.4 | — | -16.1% |
| Modis Navnirman Ltd | — | ₹373.85 | — | — | 20.4% | 22.3% | 0.0 | — | +14.36% |
| YOGI Ltd | ₹702 Cr | — | 53.8 | 5.0 | 16.7% | 12.8% | 1.8 | 0.2% | -2.97% |
| Transindia Real Estate Ltd | — | — | — | — | 2.9% | 3.5% | 0.0 | — | -11.21% |
| Shraddha Prime Projects Ltd | — | — | — | — | 51.2% | 23.6% | 2.0 | — | +7.51% |
| Hazoor Multi Projects Ltd-$ | — | — | — | — | 8.0% | 5.8% | 0.7 | — | -52.2% |
| Peninsula Land Ltd | — | — | — | — | -102.3% | -44.1% | 4.3 | — | -33.42% |
| Pansari Developers Limited | ₹507 Cr | — | 25.5 | 3.3 | 13.9% | 16.5% | 0.7 | — | +7.07% |
| Oswal Agro Mills Ltd | — | — | — | — | -2.0% | 2.0% | 0.0 | — | -30.62% |
| Nila Spaces Ltd | ₹483 Cr | — | 15.5 | 2.8 | 18.2% | 31.3% | 0.5 | 0.0% | -16.04% |
| Emrock Corporation Ltd | — | — | — | — | 7.8% | 5.3% | 0.4 | — | +3,973.33% |
| Suratwwala Business Group Ltd | ₹416 Cr | — | 9.9 | 4.0 | 43.8% | 30.8% | 0.8 | 0.5% | -30.94% |
| Majestic Auto Ltd-$ | ₹379 Cr | ₹365 | 3.9 | 0.6 | 14.6% | 18.4% | 0.0 | 13.6% | +5.80% |
| RDB Infrastructure And Power Ltd | — | — | — | — | 6.1% | 5.7% | 0.2 | — | -66.43% |
| Emami Realty Ltd | — | — | — | — | —% | -39.0% | — | — | -12.88% |
| RDB Real Estate Constructions Ltd | ₹347 Cr | — | — | 1.3 | -4.6% | -0.6% | 2.3 | — | -10.17% |
| Dev Accelerator Ltd | ₹317 Cr | — | 27.5 | 1.6 | 7.4% | 12.0% | 2.0 | 0.0% | -13.02% |
| Modi Rubber Ltd | ₹314 Cr | — | 31,383.0 | 0.5 | 0.1% | 0.6% | 0.0 | 0.0% | +5.38% |
| Mercantile Ventures Ltd | — | — | — | — | 0.6% | 0.9% | 0.0 | — | -12.47% |
| Nimbus Projects Ltd | ₹300 Cr | — | — | 0.4 | -31.7% | -13.5% | 1.0 | — | -47.58% |
| S V Global Mill Ltd | — | — | — | — | -14.9% | -8.3% | 0.0 | — | -12.92% |
| Lancor Holdings Ltd | ₹266 Cr | — | 4.6 | 1.1 | 18.7% | 20.5% | 0.5 | 0.5% | +64.02% |
| Nila Infrastructures Ltd | — | — | — | — | 13.1% | 18.4% | 0.1 | — | -26.73% |
| Shradha Realty Limited | — | — | — | — | 11.9% | 10.7% | 0.3 | — | -53.91% |
| Ravinder Heights Ltd | — | — | — | — | 16.3% | 19.5% | 0.0 | — | -18.77% |
| Veer Global Infraconstruction Ltd | ₹237 Cr | — | 148.4 | 6.3 | 4.6% | 4.7% | 0.1 | — | -12.81% |
| Shree Salasar Investments Ltd | — | — | — | — | 30.7% | 16.2% | 1.3 | — | +2,198.01% |
| Alpine Housing Development Corporation Ltd | — | — | — | — | 6.9% | 7.9% | 0.2 | — | +3.14% |
| Umiya Buildcon Ltd | ₹185 Cr | — | 20.6 | 1.6 | -3.6% | 12.8% | 1.1 | 0.0% | +27.7% |
| Prajay Engineers Syndicate Ltd | — | — | — | — | -3.9% | -2.9% | 0.3 | — | +5.16% |
| AMJ Land Holdings Ltd | — | ₹39.44 | — | — | 6.8% | 9.8% | 0.0 | — | -19.03% |
| Rainbow Foundations Ltd | — | ₹31.78 | — | — | 8.5% | 4.5% | 5.6 | — | -34.92% |
| Supreme Holdings & Hospitality (India) Ltd | ₹142 Cr | — | 215.8 | 0.4 | 0.1% | 0.1% | 0.0 | — | -42.24% |
| Thakkers Developers Ltd | — | — | — | — | 3.3% | 3.5% | 0.1 | — | -20.23% |
| Raja Bahadur International Ltd | ₹125 Cr | — | 909.1 | 9.1 | 10.0% | 1.4% | 23.9 | — | -12.0% |
| Elnet Technologies Ltd-$ | — | — | — | — | 12.1% | 13.9% | 0.0 | — | -11.8% |
| Motor & General Finance Ltd | — | — | — | — | 99.0% | 70.6% | 0.0 | — | +30.43% |
| Dynavision Ltd | ₹93 Cr | — | 10.8 | 3.0 | 29.8% | 10.8% | 0.6 | — | -10.2% |
| Prime Industries Ltd | ₹88 Cr | — | 5.3 | 1.4 | 31.4% | 17.9% | 1.0 | — | -39.91% |
| Prerna Infrabuild Ltd | ₹87 Cr | ₹24 | 24.0 | 0.8 | 3.0% | 2.7% | 0.5 | — | -1.80% |
| Shri Krishna Devcon Ltd | — | ₹29.5 | — | — | 5.1% | 6.7% | 0.5 | — | +2.77% |
| Shervani Industrial Syndicate Ltd | ₹81 Cr | ₹330 | 311.0 | 0.6 | -0.5% | 1.4% | 0.5 | 0.8% | -21.58% |
| Trescon Ltd | — | — | — | — | -0.5% | 0.3% | 0.3 | — | -20.99% |
| Future Market Networks Ltd | — | ₹9.21 | — | — | 7.2% | 3.0% | 1.3 | — | +13.55% |
| Ansal Buildwell Ltd-$ | — | — | — | — | 0.6% | 1.7% | 0.4 | — | -37.73% |
| 3P Land Holdings Ltd | ₹58 Cr | — | 25.6 | 0.6 | 1.8% | 2.4% | 0.0 | 0.0% | -13.12% |
| Rodium Realty Ltd | — | — | — | — | 38.9% | 16.3% | 4.3 | — | -12.73% |
| Sam Industries Ltd | — | — | — | — | 6.7% | 5.4% | 0.4 | — | -42.86% |
| Ansal Housing Ltd-$ | — | — | — | — | -31.0% | -17.3% | 2.9 | — | 0.00% |
| Gothi Plascon India Ltd | ₹41 Cr | ₹40.4 | 19.2 | 3.7 | 16.4% | 16.4% | 0.1 | 5.0% | -4.83% |
| Sugal & Damani Share Brokers Ltd | — | — | — | — | 19.3% | 18.5% | 0.0 | — | -8.33% |
| Medi Caps Ltd-$ | ₹40 Cr | ₹31.95 | — | 0.4 | -2.6% | -2.7% | 0.0 | — | -40.07% |
| Simplex Realty Ltd | ₹40 Cr | — | — | 0.4 | -3.3% | -0.6% | 0.0 | — | -27.68% |
| Chordia Food Products Ltd | ₹30 Cr | — | 44.9 | 1.9 | 5.0% | 6.2% | 0.0 | — | +3.47% |
| Swasti Vinayaka Art And Heritage Corporation Ltd | — | — | — | — | 20.0% | 16.2% | 0.3 | — | -23.15% |
| Parshwanath Corporation Ltd | — | — | — | — | -0.3% | 0.3% | 0.0 | — | -16.42% |
| Tirupati Sarjan Ltd | — | ₹8.51 | — | — | 5.2% | 5.2% | 0.4 | — | -42.15% |
| MPDL Ltd | ₹24 Cr | — | — | 0.3 | -8.5% | -6.1% | 0.7 | 0.0% | -18.62% |
| Neo Infracon Ltd | ₹23 Cr | — | 46.2 | 3.0 | 12.5% | 6.4% | 2.1 | — | +81.76% |
| Kamanwala Housing Construction Ltd | — | — | — | — | -2.5% | -3.0% | 0.2 | — | -28.89% |
| Steel Strips Infrastructures Ltd | ₹17 Cr | — | — | 0.3 | -4.3% | -4.5% | 0.0 | — | -26.17% |
| Zodiac Ventures Ltd | ₹13 Cr | — | 8.8 | 0.3 | 5.3% | 4.4% | 0.4 | 7.0% | -85.42% |
| East Buildtech Ltd | — | — | — | — | -7.5% | -3.0% | 1.6 | — | -56.34% |
| Crane Infrastructure Ltd | — | ₹10.64 | — | — | 1.5% | 2.1% | 0.0 | — | -44.42% |
| Patidar Buildcon Ltd | — | — | — | — | -3.6% | -2.9% | 0.3 | — | -44.07% |
Indian real estate is experiencing its strongest upcycle since 2012-13, driven by post-COVID demand for homeownership, low interest rates (relative to history), and RERA-led transparency improvements. Residential launches are at record highs, with premium and luxury segments leading growth. Listed developers have deleveraged significantly — net debt to equity for top names is below 0.5x vs 2x+ in 2018.
Pre-sales velocity is strong across NCR, Mumbai, Bangalore, and Hyderabad. Commercial real estate benefits from GCC (Global Capability Center) expansion and office demand. REITs (Embassy, Mindspace, Brookfield) offer 6-7% distribution yields.
Key metrics: pre-sales value, collections, net debt to equity, and launch pipeline. Valuations use NAV-based approaches rather than traditional PE.
rupiya.io is for research and education only. Metrics shown are not investment advice. Validate with SEBI-regulated disclosures before acting.