India’s real estate and property management sector is a vibrant landscape where several key players have made their mark. From Mumbai to Bangalore and beyond, these companies have contributed significantly to the nation’s property development and management. In this comprehensive guide, we delve into the top 10 property management companies in India, each of which plays a pivotal role in shaping the real estate industry. From construction and development to comprehensive property services, these companies have earned their place among India’s property management elite.
1. Ajmera Realty & Infra India Ltd (Founded: 1985)
Established in 1985 in Mumbai, India, Ajmera Realty & Infra India Ltd boasts a diverse portfolio, including realty, construction, cement, steel rolls, and related businesses. With a strong presence in Mumbai, Pune, Ahmedabad, Surat, Rajkot, Bangalore, and even international projects in the United Kingdom, Ajmera Realty & Infra is a trailblazer among property management companies in India.
2. Assetz Property Services Pvt. Ltd. (Founded: 2006)
Founded in 2006 and headquartered in Bangalore, Karnataka, Assetz Property Services Pvt. Ltd. has expanded its reach globally with a base in Singapore. This versatile company spans four business verticals: commercial, residential, warehousing, and fund management. Their notable developments, including Embassy Tech Village and Global Technology Park in Bangalore, solidify their status among the top 10 property management companies in India.
3. Cushman & Wakefield
Cushman & Wakefield is a prominent global real estate services firm with headquarters in Chicago, Illinois. Operating from approximately 400 offices across 60 countries, they’ve established a foothold in Gurgaon, Haryana, for their Indian operations. Listed on the New York Stock Exchange since August 2, 2018, Cushman & Wakefield ranks among India’s top property management companies.
4. DLF Ltd (Founded: 1946)
Founded in 1946 by Mr. Chaudhary Raghvendra Singh, DLF Ltd has left an indelible mark on India’s real estate landscape. With a rich history of residential colonies in Delhi and engagements in residential, office, and retail properties, DLF Ltd holds a prominent place among India’s top 10 property management companies.
5. Elara Technologies Pte Ltd
Housing.com, established in 2012, is a Mumbai-based real estate search portal that revolutionizes property searches based on geography and other parameters. Offering listings for new homes, resale homes, rentals, plots, and co-living spaces in over 40 Indian cities, including Chennai, Mumbai, Bengaluru, Kolkata, and Delhi, Housing.com is a pivotal player in India’s property management landscape.
6. Godrej Industries Ltd (Founded: 1963)
Established in 1963 and headquartered in Mumbai, Maharashtra, Godrej Industries Ltd has diversified into the development of residential buildings, commercial complexes, and townships across various Indian cities. With a strong presence in Hyderabad, Mumbai, Bengaluru, Kolkata, Nagpur, Pune, Chandigarh, and more, they are firmly entrenched in India’s top 10 property management companies.
7. Hines India Real Estate Pvt Ltd (Founded: 1958)
Hines India Real Estate Pvt Ltd, founded in 1958, has an extensive global presence, spanning 285 cities in 28 countries. With a history of developing, redeveloping, or acquiring over 1,530 properties totaling 511 million square feet, Hines boasts 198 ongoing developments worldwide. Their remarkable property and asset management portfolio, comprising 669 properties totaling 230.6 million square feet, solidifies their position among India’s property management elite.
8. Knight Frank India Pvt Ltd (Founded: 1896)
With a legacy dating back to 1896 and headquartered in London, UK, Knight Frank India Pvt Ltd is a renowned real estate consultancy. Operating from Mumbai, Maharashtra, and with a global network of over 488 offices across 57 territories, they offer a wide spectrum of residential and commercial property services. Knight Frank is a prominent player among India’s top 10 property management companies.
9. L&T Realty Ltd. (Established: 2011)
L&T Realty Ltd., the real estate arm of Larsen and Toubro, was established in 2011. With an extensive portfolio covering 6.50 million square meters (approximately 70 million square feet) of residential, commercial, and retail developments, L&T Realty has a significant presence in Mumbai, Navi Mumbai, NCR, Bengaluru, Hyderabad, and Chennai. They are a key contributor to India’s top 10 property management companies.
10. Prestige Estates Projects Ltd (Founded: 1986)
Founded by Razack Sattar in 1986, Prestige Estates Projects Ltd is a prominent property development company based in Bangalore, Karnataka. They have crafted residential colonies and commercial spaces across various Indian cities, including Bangalore, Chennai, Kochi, Hyderabad, Mangalore, and more. Prestige’s impressive ratings, including CRISIL DA1 and an A rating by ICRA, firmly place them among India’s top 10 property management companies.
These top 10 property management companies in India have not only transformed skylines but also redefined the property landscape. With innovative projects and unwavering commitment, they continue to shape the future of real estate in India, making it a thriving and dynamic sector.
