# Real Estate Sector
> Residential upcycle continues with consolidated balance sheets and record pre-sales across top developers.

## Overview
Market Cap: ₹7,58,941 Cr
Avg P/E: 234.2
Companies: 52

## Data Freshness
Sector Updated: 2026-09-03T10:49:42.039Z
Updated By: daily market-close sector sync and derived refresh jobs

## Companies
- DLF Ltd (DLF): ₹659.8 | PE 35.8 | MCap ₹1,63,321 Cr
- Lodha Developers Ltd (LODHA): ₹977 | PE 23.7 | MCap ₹97,627 Cr
- The Phoenix Mills Ltd (PHOENIXLTD): — | PE — | MCap —
- Prestige Estates Projects Ltd (PRESTIGE): — | PE 54.3 | MCap ₹61,810 Cr
- Oberoi Realty Ltd (OBEROIRLTY): — | PE 21.7 | MCap ₹57,522 Cr
- Altius Telecom Infrastructure Trust (ALTIUSINVIT): — | PE 42.2 | MCap ₹53,025 Cr
- Knowledge Realty Trust (KRT): — | PE 79.3 | MCap ₹49,918 Cr
- Godrej Properties Ltd (GODREJPROP): — | PE 35.3 | MCap ₹47,573 Cr
- Embassy Office Parks REIT (EMBASSY): — | PE 161.0 | MCap ₹39,593 Cr
- Bagmane Prime Office REIT (BAGMANE): — | PE — | MCap —
- Mindspace Business Parks REIT (MINDSPACE): — | PE — | MCap —
- Brookfield India Real Estate Trust REIT (BIRET): — | PE — | MCap —
- Nexus Select Trust (NXST): — | PE — | MCap —
- Brigade Enterprises Ltd (BRIGADE): ₹548.75 | PE 25.8 | MCap ₹17,898 Cr
- Anant Raj Ltd-$ (ANANTRAJ): ₹462 | PE 28.0 | MCap ₹16,626 Cr
- Horizon Industrial Parks Limited (HORIZONIND): — | PE — | MCap ₹13,126 Cr
- Sobha Ltd (SOBHA): ₹1145 | PE 64.1 | MCap ₹12,246 Cr
- Aditya Birla Real Estate Ltd (ABREL): ₹1084.6 | PE — | MCap ₹12,032 Cr
- Signatureglobal (India) Ltd (SIGNATURE): ₹704.3 | PE 9.5 | MCap ₹9,909 Cr
- Embassy Developments Ltd (EMBDL): — | PE — | MCap —
- WeWork India Management Ltd (WEWORK): ₹623.05 | PE 101.5 | MCap ₹8,652 Cr
- Max Estates Ltd (MAXESTATES): ₹491.7 | PE 673.6 | MCap ₹8,043 Cr
- Indiabulls Ltd (IBULLSLTD): — | PE 17.4 | MCap ₹7,412 Cr
- Mahindra Lifespace Developers Ltd (MAHLIFE): ₹328.65 | PE 24.9 | MCap ₹6,957 Cr
- Nirlon Ltd (NIRLON): ₹631 | PE 15.9 | MCap ₹5,686 Cr
- Ganesh Housing Ltd (GANESHHOU): ₹667.05 | PE 21.0 | MCap ₹5,562 Cr
- Smartworks Coworking Spaces Ltd (SMARTWORKS): ₹450.05 | PE 61.9 | MCap ₹5,148 Cr
- Kalpataru Ltd (KALPATARU): ₹249.1 | PE 40.8 | MCap ₹5,130 Cr
- Puravankara Ltd (PURVA): — | PE 28.8 | MCap ₹4,616 Cr
- Valor Estate Ltd (DBREALTY): — | PE 350.0 | MCap ₹4,366 Cr
- Keystone Realtors Ltd (RUSTOMJEE): ₹331.65 | PE 35.9 | MCap ₹4,190 Cr
- Kolte-Patil Developers Ltd (KOLTEPATIL): ₹454.95 | PE 32.4 | MCap ₹4,035 Cr
- Sunteck Realty Ltd (SUNTECK): ₹262.3 | PE 18.1 | MCap ₹3,852 Cr
- Raymond Realty Ltd (RAYMONDREL): ₹576.55 | PE 12.8 | MCap ₹3,837 Cr
- Indiqube Spaces Ltd (INDIQUBE): — | PE — | MCap —
- Ashiana Housing Ltd-$ (ASHIANA): ₹343.35 | PE 28.5 | MCap ₹3,452 Cr
- Kesar India Ltd (KESAR): — | PE — | MCap —
- Tarc Ltd (TARC): — | PE — | MCap ₹3,386 Cr
- Hemisphere Properties India Ltd (HEMIPROP): — | PE — | MCap ₹3,014 Cr
- Elpro International Ltd (ELPROINTL): — | PE — | MCap —
- AGI Infra Ltd (AGIIL): ₹220.4 | PE 26.7 | MCap ₹2,755 Cr
- Arvind SmartSpaces Ltd (ARVSMART): ₹575 | PE 14.2 | MCap ₹2,641 Cr
- EFC (I) Ltd (EFCIL): — | PE — | MCap —
- Ajmera Realty & Infra India Ltd (AJMERA): — | PE — | MCap —
- Marathon Nextgen Realty Ltd (MARATHON): ₹369.85 | PE 14.2 | MCap ₹2,494 Cr
- Alembic Ltd (ALEMBICLTD): — | PE — | MCap —
- Hubtown Ltd (HUBTOWN): — | PE — | MCap —
- Aurum PropTech Ltd (AURUM): — | PE — | MCap —
- Arkade Developers Ltd (ARKADE): — | PE — | MCap —
- Omaxe Ltd (OMAXE): — | PE — | MCap —
- Shipping Corporation of India Land and Assets Ltd (SCILAL): — | PE — | MCap —
- Texmaco Infrastructure & Holdings Ltd (TEXINFRA): — | PE — | MCap —
- Meghna Infracon Infrastructure Ltd (MIIL): ₹652 | PE 312.0 | MCap ₹1,416 Cr
- Avishkar Infra Realty Ltd (AIRLTD): — | PE — | MCap —
- TCC Concept Ltd (TCC): — | PE — | MCap —
- Shriram Properties Ltd (SHRIRAMPPS): — | PE — | MCap —
- Unitech Ltd (UNITECH): — | PE — | MCap —
- Pranav Constructions Ltd (PRANAV): — | PE — | MCap —
- Arihant Foundations & Housing Ltd-$ (ARIHANT): — | PE — | MCap —
- B-Right Realestate Ltd (BRRL): — | PE — | MCap —
- Arihant Superstructures Ltd (ARIHANTSUP): — | PE — | MCap —
- Suraj Estate Developers Ltd (SURAJEST): — | PE 9.4 | MCap ₹882 Cr
- Prozone Realty Ltd (PROZONER): — | PE — | MCap —
- GeeCee Ventures Ltd (GEECEE): ₹365.85 | PE 11.0 | MCap ₹765 Cr
- Eldeco Housing & Industries Ltd (ELDEHSG): ₹772.1 | PE 20.4 | MCap ₹759 Cr
- Modis Navnirman Ltd (MODIS): ₹387.65 | PE 24.0 | MCap ₹759 Cr
- YOGI Ltd (YOGI): — | PE — | MCap —
- Shraddha Prime Projects Ltd (SHRADDHA): — | PE — | MCap —
- Transindia Real Estate Ltd (TREL): — | PE 14.4 | MCap ₹588 Cr
- Axentra Corp Ltd (AXENTRA): — | PE — | MCap —
- PTL Enterprises Ltd-$ (PTL): — | PE — | MCap —
- Oswal Agro Mills Ltd (OSWALAGRO): — | PE — | MCap —
- Propshare Titania SM REIT - IPO (Second scheme of the Property Share Investment Trust) (PSTITANIA): — | PE — | MCap —
- Peninsula Land Ltd (PENINLAND): — | PE — | MCap ₹460 Cr
- Pansari Developers Limited (PANSARI): ₹241.75 | PE 21.4 | MCap ₹422 Cr
- Hazoor Multi Projects Ltd-$ (HAZOOR): — | PE 13.1 | MCap ₹418 Cr
- Nila Spaces Ltd (NILASPACES): — | PE 12.7 | MCap ₹395 Cr
- Dev Accelerator Ltd (DEVX): — | PE — | MCap —
- RDB Real Estate Constructions Ltd (RRECL): — | PE — | MCap ₹381 Cr
- Property Share Investment Trust - Propshare Platina (PSPLATINA): — | PE — | MCap —
- Prime Industries Ltd (PRIMIND): — | PE 31.0 | MCap ₹375 Cr
- RDB Infrastructure And Power Ltd (RDBIPL): — | PE 22.7 | MCap ₹371 Cr
- Majestic Auto Ltd-$ (MAJESAUT): ₹353.5 | PE 3.8 | MCap ₹368 Cr
- Emrock Corporation Ltd (EMROCK): — | PE — | MCap —
- Nimbus Projects Ltd (NIMBSPROJ): — | PE — | MCap —
- Suratwwala Business Group Ltd (SBGLP): — | PE — | MCap —
- Emami Realty Ltd (EMAMIREAL): — | PE — | MCap —
- Samor Reality Ltd (SAMOR): — | PE — | MCap ₹301 Cr
- Modi Rubber Ltd (MODIRUBBER): — | PE 11,350.0 | MCap ₹284 Cr
- Baroda Rayon Corporation Ltd (BARODARY): — | PE — | MCap —
- Ashima Ltd (ASHIMASYN): — | PE — | MCap —
- Nila Infrastructures Ltd (NILAINFRA): — | PE 10.0 | MCap ₹248 Cr
- Veer Global Infraconstruction Ltd (VGIL): — | PE 137.1 | MCap ₹245 Cr
- Tulive Developers Ltd (TULIVE): — | PE — | MCap —
- Mercantile Ventures Ltd (MERCANTILE): — | PE — | MCap —
- Shree Salasar Investments Ltd (SALSAIN): — | PE — | MCap —
- S V Global Mill Ltd (SVGLOBAL): — | PE — | MCap —
- PropShare Celestia (PSCELESTIA): — | PE — | MCap —
- Ratnabhumi Developers Ltd (RATNABHUMI): — | PE — | MCap —
- Ravinder Heights Ltd (RVHL): — | PE 4.9 | MCap ₹233 Cr
- Lancor Holdings Ltd (LANCORHOL): — | PE — | MCap —
- Shradha Realty Limited (SHRADHA): — | PE — | MCap —
- Sumit Woods Limited (SUMIT): — | PE — | MCap —
- National Standard (India) Ltd (NATIONSTD): — | PE — | MCap —
- Genus Prime Infra Ltd (GENUSPRIME): — | PE — | MCap —
- Alpine Housing Development Corporation Ltd (ALPINEHOU): — | PE 24.3 | MCap ₹180 Cr
- Umiya Buildcon Ltd (UMIYA-MRO): — | PE — | MCap —
- Rainbow Foundations Ltd (RAINBOWF): — | PE — | MCap —
- AMJ Land Holdings Ltd (AMJLAND): — | PE — | MCap —
- Justo Realfintech Ltd (JUSTO): — | PE 6.8 | MCap ₹150 Cr
- Vipul Ltd (VIPULLTD): — | PE — | MCap —
- Thakkers Developers Ltd (THAKDEV): — | PE — | MCap —
- Swadeshi Polytex Ltd (SWADPOL): — | PE 29.1 | MCap ₹125 Cr
- Raja Bahadur International Ltd (RAJABAH): — | PE 872.8 | MCap ₹124 Cr
- Prajay Engineers Syndicate Ltd (PRAENG): — | PE — | MCap ₹123 Cr
- Coral India Finance & Housing Ltd (CORALFINAC): — | PE — | MCap —
- Elnet Technologies Ltd-$ (ELNET): — | PE — | MCap —
- Rollatainers Ltd (ROLLT): — | PE — | MCap —
- Parsvnath Developers Ltd (PARSVNATH): — | PE — | MCap —
- Supreme Holdings & Hospitality (India) Ltd (SUPREME): — | PE 145.1 | MCap ₹107 Cr
- Anirit Ventures Ltd (ANIRIT): — | PE — | MCap —
- Shri Krishna Devcon Ltd (SHRIKRISH): — | PE — | MCap —
- TCI Industries Ltd (TCIIND): — | PE — | MCap —
- Dharan Infra-EPC Ltd (DHARAN): — | PE — | MCap —
- Newtime Infrastructure Ltd (NEWINFRA): — | PE — | MCap —
- Art Nirman Limited (ARTNIRMAN): — | PE 76.9 | MCap ₹98 Cr
- Motor & General Finance Ltd (MOTOGENFIN): — | PE — | MCap —
- Shervani Industrial Syndicate Ltd (SHERVANI): ₹350 | PE 343.1 | MCap ₹90 Cr
- Dynavision Ltd (DYNAVSN): — | PE 10.2 | MCap ₹88 Cr
- Prerna Infrabuild Ltd (PRERINFRA): — | PE 23.3 | MCap ₹84 Cr
- Landmark Property Development Company Ltd (LPDC): — | PE — | MCap —
- Victoria Mills Ltd (VICTMILL): — | PE 11.6 | MCap ₹77 Cr
- Radhe Developers India Ltd (RADHEDE): — | PE — | MCap —
- Yash Innoventures Ltd (YASHINNO): — | PE — | MCap —
- Garnet Construction Ltd (GARNET): — | PE — | MCap —
- Housing Development and Infrastructure Ltd (HDIL): — | PE — | MCap —
- Krishna Ventures Ltd (KRISHNA): — | PE — | MCap —
- ICDS Ltd (ICDSLTD): — | PE — | MCap —
- Ansal Buildwell Ltd-$ (ANSALBU): — | PE — | MCap —
- 3P Land Holdings Ltd (3PLAND): — | PE 25.3 | MCap ₹57 Cr
- Future Market Networks Ltd (FMNL): — | PE — | MCap —
- Ansal Properties & Infrastructure Ltd (ANSALAPI): — | PE — | MCap —
- Trescon Ltd (TRESCON): — | PE 74.5 | MCap ₹53 Cr
- Jamshri Realty Ltd (JAMSHRI): — | PE — | MCap —
- Modipon Ltd (MODIPON): — | PE — | MCap —
- Country Condos Ltd (COUNCODOS): — | PE — | MCap —
- SVC INDUSTRIES Ltd (SVCIND): — | PE — | MCap —
- Real Eco-Energy Ltd (REALECO): — | PE — | MCap —
- Manjeera Constructions Ltd (MANJEERA): — | PE — | MCap —
- Prime Property Development Corporation Ltd-$ (PRIMEPRO): — | PE — | MCap —
- Rodium Realty Ltd (RODIUM): — | PE — | MCap —
- Simplex Realty Ltd (SIMPLXREA): — | PE — | MCap ₹44 Cr
- Bhudevi Infra Projects Ltd (BHUDEVI): — | PE — | MCap —
- Gothi Plascon India Ltd (GOTHIPL): — | PE 19.6 | MCap ₹42 Cr
- Sam Industries Ltd (SAMINDUS): — | PE 10.9 | MCap ₹41 Cr
- Sugal & Damani Share Brokers Ltd (SUGALDAM): — | PE — | MCap —
- Poddar Housing and Development Ltd (PODDARHOUS): — | PE — | MCap —
- Chordia Food Products Ltd (CHORDIA): — | PE 54.0 | MCap ₹36 Cr
- Skyline Millars Ltd (SKYLMILAR): — | PE — | MCap ₹36 Cr
- Ansal Housing Ltd-$ (ANSALHSG): — | PE — | MCap —
- Bhanderi Infracon Ltd (BHANDERI): — | PE — | MCap —
- ANIRIT VENTURES Ltd (ANIRITPP): — | PE — | MCap ₹31 Cr
- Medi Caps Ltd-$ (MEDICAPQ): — | PE — | MCap —
- Swasti Vinayaka Art And Heritage Corporation Ltd (SVARTCORP): — | PE — | MCap —
- G. G. Dandekar Properties Ltd (GGDPROP): — | PE — | MCap —
- Citadel Realty and Developers Ltd (CITADEL): — | PE 17.4 | MCap ₹28 Cr
- Parshwanath Corporation Ltd (PARSHWANA): — | PE — | MCap —
- Parle Industries Ltd (PARLEIND): — | PE — | MCap —
- Tirupati Sarjan Ltd (TIRSARJ): — | PE — | MCap —
- ACI Infocom Ltd (ACIIN): — | PE — | MCap —
- IITL Projects Ltd (IITLPROJ): — | PE — | MCap —
- Narendra Properties Ltd (NARPROP): — | PE — | MCap —
- Neo Infracon Ltd (NEOINFRA): — | PE 47.8 | MCap ₹23 Cr
- Kamanwala Housing Construction Ltd (KAMANWALA): — | PE — | MCap ₹23 Cr
- Martin Burn Ltd (MARBU): — | PE — | MCap —
- Techindia Nirman Ltd (TECHIN): — | PE — | MCap —
- Popular Estate Management Ltd (POPULARES): — | PE — | MCap —
- Prime Urban Development India Ltd (PRIMEURB): — | PE — | MCap —
- MPDL Ltd (MPDL): — | PE — | MCap —
- Madhusudan Industries Ltd (MADHUDIN): — | PE — | MCap —
- Gallops Enterprise Ltd (GALLOPENT): — | PE — | MCap —
- Rap Corp Ltd (RAP): — | PE 0.5 | MCap ₹20 Cr
- Steel Strips Infrastructures Ltd (STLSTRINF): — | PE — | MCap —
- Roselabs Finance Ltd (ROSELABS): — | PE — | MCap —
- SSPDL Ltd-$ (SSPDL): — | PE 2.0 | MCap ₹18 Cr
- Shricon Industries Ltd (SHRICON): — | PE — | MCap —
- Raghunath Tobacco Company Ltd (RAGHUTOB): — | PE — | MCap —
- OTCO International Ltd (OTCO): — | PE — | MCap ₹17 Cr
- Manraj Housing Finance Ltd (MANRAJH): — | PE — | MCap —
- Square Four Projects India Ltd (SFPIL): — | PE — | MCap ₹16 Cr
- Darjeeling Industriies Ltd (DARJEELING): — | PE 3.8 | MCap ₹16 Cr
- Eurotex Industries and Exports Ltd (EUROTEXIND): — | PE — | MCap —
- Cityman Ltd (CITYMAN): — | PE — | MCap —
- Khandelwal Extractions Ltd (ZKHANDEN): — | PE — | MCap —
- Max heights Infrastucture Ltd (MAXHEIGHTS): — | PE — | MCap —
- Cemantic Infra-Tech Ltd (CEMAINFRA): — | PE — | MCap —
- Gyan Developers & Builders Ltd (GYANDEV): — | PE — | MCap ₹15 Cr
- Adhbhut Infrastructure Ltd (ADHBHUTIN): — | PE — | MCap —
- Zodiac Ventures Ltd (ZODIACVEN): — | PE 9.2 | MCap ₹14 Cr
- Asia Pack Ltd (ASIAPAK): — | PE — | MCap —
- FGP Ltd (FGP): — | PE — | MCap —
- S & T Corporation Ltd (STCORP): — | PE — | MCap ₹13 Cr
- Anna Infrastructures Ltd (ANNAINFRA): — | PE 21.2 | MCap ₹13 Cr
- Ladam Affordable Housing Ltd (LAHL): — | PE — | MCap —
- SVS Ventures Ltd (SVS): — | PE — | MCap —
- East Buildtech Ltd (EASTBUILD): — | PE — | MCap —
- Sanathnagar Enterprises Ltd (SEL): — | PE — | MCap —
- Diggi Multitrade Ltd (DML): — | PE — | MCap —
- Suvidha Infraestate Corporation Ltd (SICL): — | PE — | MCap —
- Crane Infrastructure Ltd (CRANEINFRA): — | PE — | MCap —
- Mid India Industries Ltd (MIDINDIA): — | PE — | MCap —
- Shree Krishna Infrastructure Ltd (SKIFL): — | PE — | MCap —
- Vas Infrastructure Ltd (VASINFRA): — | PE — | MCap —
- Sashwat Technocrats Ltd (SASHWAT): — | PE — | MCap ₹9 Cr
- DS Kulkarni Developers Ltd (DSKULKARNI): — | PE — | MCap —
- Swagtam Trading & Services Ltd (SWAGTAM): — | PE — | MCap —
- KMF Builders & Developers Ltd (KMFBLDR): — | PE — | MCap —
- Jet Solar Ltd (JETSOLAR): — | PE — | MCap —
- Sterling Green Woods Ltd (STRGRENWO): — | PE — | MCap —
- Croissance Ltd (CROISSANCE): — | PE — | MCap —
- Aarcon Facilities Ltd (AARCON): — | PE — | MCap —
- Gujarat Credit Corporation Ltd (GUJCRED): — | PE — | MCap —
- Mahesh Developers Ltd (MAHESH): — | PE — | MCap —
- Purohit Construction Ltd (PUROHITCON): — | PE — | MCap —
- Laddu Gopal Online Services Ltd (LADDU): — | PE — | MCap ₹6 Cr
- Thakkers Group Ltd (THAKKERS): — | PE — | MCap —
- Raghunath International Ltd (RAGHUNAT): — | PE — | MCap —
- Shree Precoated Steels Ltd (SPSL): — | PE — | MCap —
- SBL Infratech Ltd (SBLI): — | PE — | MCap —
- Patidar Buildcon Ltd (PATIDAR): — | PE — | MCap —
- Rajeswari Infrastructure Ltd (RAJINFRA): — | PE — | MCap —
- Sikozy Realtors Ltd (SIKOZY): — | PE — | MCap —
- India Radiators Ltd (INRADIA): — | PE — | MCap —

## Analysis
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.

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Source: rupiya.io/sectors/real-estate
Disclaimer: For research and education only. Not investment advice.