.RoofandFloor. Industry Trends
Development of property – whether commercial or residential – has become a significant part of any urban development process. With the rising trend in construction of property, and the constant jostling for space, there is a growing trend to lean on the best in the business to address property requirements. Chennai is the capital city of the southern State of Tamil Nadu in India as well as the fourth most populous metropolitan city in India.
Chennai’s top builders have had a finger in every pie – be it residential or commercial properties. The range has tended towards lifestyle apartments with a couple of luxury living initiatives. Some of Chennai’s best builders are:
Top Builders in Chennai
- G Square Housing – South India’s No.1 real estate developer
- 10+ Years of experience.
- 1000+ Acres of land developed.
- 6000+ Happy customers.
- Commitment to plot perfection by finding you the perfect plot in the perfect location, size, and price.
- 100% clear documentation & transactions.
- Spread across Chennai, Bengaluru, Hyderabad, Coimbatore, Trichy, Hosur, Mysore & Ballari.
- The Marg Group: Marg is known for its range of residential properties that offer upscale living at reasonable prices. Established in 1994, it is promoted by Mr GRK Reddy. As an infrastructure and real estate development company, Marg’s operations in Chennai have been highly appreciated – they pioneered infrastructure construction and development along the IT Corridor in Chennai.
- Radiance Realty: The company traces its roots to a leading engineering, procurement, and construction company, NAPC, established in 1949. In 2012, NAPC Properties evolved into Radiance Realty. Radiance offers up property in both residential and the commercial sectors with most of its residential projects concentrated on the fast growing IT corridor of Rajiv Gandhi Salai.
- Unitech: Established in 1971, Unitech works in both the residential and commercial sector. As part of an investment worth $720 million, Unitech is developing 28 different hotels including a tie-up with Marriott International. Working across varied sectors through activities that include construction and expansion of real estate, Unitech is also involved in consultancy in associated sectors, hotels, electrical broadcast, and information technology.
- Sobha Developers Ltd: Sobha Developers was established by now chairman PNC Menon in 1995. The developer is famed for their massive range of constructions in the residential and commercial sector, although their housing range holds greater sway.
- True Value Homes: Formed in 1997, True Value Homes is one of Chennai’s most reputed real estate development companies. TVH can claim some of the tallest residential buildings in Chennai as well as one of Chennai’s first green homes. Their range of projects focus on residences, mostly comprising apartments that fit within the bandwidth of 1 BHK and 5 BHK.
- VGN Group: Founded in 1942 and headquartered in Chennai, VGN Group primarily covers residential properties. So far, the company has developed over 16 million sq. ft. of residential space to its credit, most of which are in the suburban parts of Chennai. VGN is also involved in developing roads, bridges and pipelines.
- Casa Grande: Established in 2004, Casa Grande Private Limited is an ISO certified Chennai-based real estate development company. The company is renowned for its expertise in developing quality spaces in residential segment, including apartments and luxury villas, in Chennai.
- Puravankara: Established in 1975, Puravankara is a leading real estate company involved in the development of residential and commercial properties. The company develops affordable homes and high-end luxury apartments and has, so far, completed 36 residential/commercial projects spread over 7.80 million sq. ft. Around 29 million sq. ft. of projects are under construction, which is followed by 88 million sq. ft. of space to be developed in the coming 7 to 10 years.
- Arihant Foundations: Started in 1995, Arihant is known to build both residential and commercial projects. A prominent builder in Chennai, Arihant has built over 10 million sq. ft of space till date. They work towards the vision of enhancing the environment and maximising customer satisfaction.
Top Builders in Bangalore
- Brigade: Brigade Developers is one of South India’s leading real estate companies, founded in 1986, with property development as key focus. Brigade has developed various residential establishments in and around Bangalore, as well as developing various commercial properties and hotels.
- Mantri Developers: Established in 1999, Mantri Developers is one of India’s leading real estate builders, offering state of the art property in residential and commercial sectors. Mantri has a line of properties, including residential, retail, office, hospitality, townships and educational institutions, in Bangalore and Chennai.
- Sobha Developers Ltd: One of the largest real estate development companies in India, Sobha Developers is a Rs 22 billion company headquartered in Bangalore. Sobha is primarily focused on development of residential and contractual projects. Their residential projects include villas, row houses, residential apartments, luxury and super luxury apartments equipped with amenities like shopping complexes, clubhouses and swimming pools.
- Prestige Group: Prestige Group ventured into real estate projects in 1986, and have since become one of South India’s leading property developers. Presently, Prestige has 65 ongoing projects comprising around 56.94 million sq. ft. and around 28 projects are under construction on 31.15 million sq. ft. space including corporate structures, apartment enclaves and shopping malls.
- HM Constructions: Set up in 1991, HM Constructions is focused on residential and commercial properties across Bangalore. The company has a 24-year track record of sustained growth, customer satisfaction and innovation.
- Nitesh Estates: Formed in 2004, the company primarily focuses on high-end luxury home segment in Bangalore as well as developing hotels, office buildings and shopping malls. Renowned for their work across these sectors in Bangalore, Nitesh Estates built the first Ritz-Carlton business hotel (Bangalore) in India and was the first to win India’s largest corporate housing project (ITC Ltd).
- Jain Housing & Constructions Ltd: One of South India’s leading builders, Jain Housing has earned a reputation in the residential market for offering a blend of quality, service and affordability in the housing market. The company primarily focuses on developing luxury and exclusive homes at reasonable prices.
- Adarsh Developers: Adarsh Developers was established in 1988 and is an ISO 9001-2000 certified real estate development company developing high value customer centric properties. This Bangalore-based developer has a construction portfolio that covers residential and commercial properties, spreading over 5 million sq. ft. of land.
- Godrej Properties: Formed in 1980, Godrej Properties is a leading real estate developer and part of the distinguished Godrej Group. Godrej Properties has expertise in developing residential and commercial infrastructure and is also the first real estate company to receive ISO certification. The group is currently developing landmark projects in 12 cities across India, spanning over 74 million sq. ft. of space.
There are various factors that helped RoofandFloor select the top builders in these two cities. We decided to focus on residential properties and developers who have a chequered history with developing residential projects in Chennai and Bangalore.