That is a milestone. For that matter, every year is a milestone. Much has happened in a year around the world, and in our own tiny little world. But we are glad to be alive and kicking. Somewhere deep down, there’s a sense of satisfaction of being associated with Construction Week India. Ranking the Top 50 real estate and infrastructure companies is no small feat. Consider ing the gigantic and complex projects these companies do, we do feel insignificant, and to a certain extent, timorous.
As usual, we sought out compelling parameters that could withstand the test of time, and disagreements, if any. For that reason, we took help from renowned consultants who could corroborate the criteria and segregate the submitted data. There were numerous criteria to rank companies. Right from number of projects launched to projects completed to technology, innovation, number of cities present, and several others.
We adopted an unbiased approach to tally the scores and arrived at the final list. The more points you score on the parameters, the faster is the climb up the ranking sheet. There are plenty of surprises this year.
We hope you will appreciate our efforts and understand that we mean well.
RANK 1: PRESTIGE GROUP - Irfan Razack, CMD
Prestige Group has shown by example what real estate developers need to do. Chic and smart projects, a customer-friendly approach, and in turn fewer or no complaints. The company has also ensured regular announcements of new projects. For instance, it has tied up with Mumbai-based DB Group for a mixed development project comprising a large hotel and convention centre in Delhi at a total investment of around Rs 2,000 crore. The 3.5 million mixed-used project would be built over 7.70 acre at Aerocity in Delhi.
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ASK PROPERTY FUND, KREEVA, AND SPRE COME TOGETHER For a residential project
ASK Property Fund, Kreeva (the real estate arm of Kanodia Group) and Shapoorji Pallonji Real Estate have announced joint development of a residential project in Sector 46, Gurugram, with a joint initial investment of Rs 270+ cr. Spread across 1.74 acres, the project shall generate top-line revenues exceeding Rs 1,200+ crore over the next five years.
SWREL BAGS GUJARAT SOLAR PV PROJECT Will include O&M
Sterling and Wilson Renewable Energy (SWREL) has received LoI for a new order totaling approx. Rs 1,200 crore in Gujarat.
HOW RICH PEOPLE ARE MAKING THEIR MONEY
Dr Prashant Thakur, regional director & head, research, Anarock Group, highlights some USPs
THE SURGE OF PLOTTED DEVELOPMENT IN REAL ESTATE
Rohit Cariappa, director, sales & CRM, Assetz Property Group, on some trends
BRIGADE CITRINE WILL BE INDIA'S FIRST NET-ZERO RESIDENTIAL DEVELOPMENT
Brigade Group has launched Brigade Citrine, a residential project that sets new benchmarks in sustainable living.
FAR-SIGHTED?
Industry veterans look into the crystal ball and voice their thoughts
TREADING CAREFULLY
Off-the-road tyres are not being taken lightly anymore
IN A LEAGUE OF ITS OWN
bauma ConExpo India 2024 held its own with cutting-edge technologies and innovations
INFRA COMPANIES
In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.
Global standards
Glass Wall Systems has been revolutionising the facade industry