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 10 in Chennai
The Marg Group Marg is known for its range of residential properties that offer upscale living at reasonable prices. Established in 1994, MARG 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.
Vijay Shanthi Builders One of the key players in the real estate market, Vijay Shanthi Builders has been known to create well-constructed homes that fit affordable budgets. Vijay Shanthialso offers apartments in the lifestyle and luxury range, as well as homes and villas, redefining the landscape 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 bothresidential and the commercial sectors with most of its residential projects concentrated on the fast growing IT corridor of Rajiv Gandhi Salai.
UnitechEstablished 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 includinga tie-up with Marriott International. Working across varied sectors through activities that includeconstruction and expansion of realestate, Unitechis 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 HomesFormed 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 Foundedin 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 forits 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 maximizing customer satisfaction.
Top 10 in Bangalore
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. Brigade hasbeen consistently ranked in India’s top 10 builders from 2007 to 2011.
Established in 1999, Mantri Developersisone 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.
One of the largest real estate development companies in India, SobhaDevelopers is aRs22 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 ventured into real estate projects in 1986, and have since become one of South India’s leading property developers. Presently, Prestige Group 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.
Established in 1946, DLFGroupis one of the most renowned construction companies in India. They are well-known for building malls and commercial and office spaces in various States in the country. DLF operates with the key goal of developing housing, marketable and retail properties.
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.
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 ofSouthIndia’s leading builders, JainHousing has earned a reputation in the residential market for offering a blend of quality, serviceand affordability in the housing market.Jains primarily focuses on developing luxury and exclusive homes at reasonable prices.
Adarsh Developers was established in 1988 and is an ISO 9001-2000 certified real estate developmentcompany developing high value customer centric properties. ThisBangalore-based developer has a construction portfolio that covers residential and commercial properties, spreading over 5 million sq. ft. of land.
Formed in 1980, Godrej Properties is aleading 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 determinators that helped RoofandFloor select the top 10 builders in the city. We decided to focus on residential properties and developers who have a chequered history with developing residential projects in Chennai and Bangalore.
Article written by: Anita Kurup
Anita is a content professional for the past 15 years and has worked in both traditional and digital media. She transitioned to digital media early on in its advent in India. She will never say no to toddler-proof keyboards and caffeine.