India real estate companies

SUBMITTED BY: RASEENA A K

M Arch SECOND YEAR

India real estate companies have increased in number in recent times due to the boom in the real estate sector itself which again was a function of the information technology boom in India in the last few years, accompanied by the growth of the Indian economy at 8%.

The soaring prices of real estate in India have led to corporate attention to this sector, with a number of India real estate companies jumping onto the real estate bandwagon in recent years. The demand for property is constantly getting steeper in India and as a result, the growing numbers of real estate companies in India comes as no surprise.

The various India real estate companies are:

• DLF group
• Parsvnath developers limited
• Unitech group
• K. Raheja group

Among the real estate companies in India, DLF Group is one of the biggest real estate giants. It has built many state-of-the-art, high-quality buildings across the country, specifically in Gurgaon. The Group has also tied up with Hilton Hospitality in order to build a whopping 100 hotels in India over the next few years.

The DLF Group has bought a 25 acre land for Rs. 452 crore in Hyderabad where it is going to build an ultra-modern IT park. Parsvnath Developers Limited is another important real estate company in India which has decided to increase its land bank by investing Rs. 16,000 crore. The company has secured a 76 acre plot in Indore, where it also plans to build an IT park.

Unitech Group is a real estate company in India and has plans to invest US$ 720 million in building hotels in the country. Its partner for this venture is Marriott International. Among the companies for real estate in India, K.Raheja group deserves a special mention. This company has been in the real estate business over the last few decades and has completed over 2000 real estate projects.

India real estate companies have witnessed growth in business in the last few years. The government, however, needs to keep an eye on this sector to ensure that the infrastructure provided by these companies is of international standards, at least in the IT sector. The government also needs to ensure that India real estate companies are fair in their dealings with people.

Unitech group

Established in 1972, Unitech is today a leading real estate developer in India. Known for the quality of its products, it is the first developer to have been certified ISO 9001:2000 in North India and offers the most diversified product mix comprising residential, commercial/IT parks, retail, hotels, amusement parks and SEZs.

The well-recognised brand was yet again conferred with the title of "Superbrand" by Superbrands India in 2009. The Company is also the recipient of the CW Architect and Builders Award, 2008 for being one of India's Top Ten Builders.

Unitech has long partnered with internationally acclaimed architects and design consultants including SOM (USA), BDP (UK), Maunsell AECOM (HK), MEA Systra (France), Callison Inc. (USA), FORREC (Canada), SWA and HOK (USA) for various projects.

It has an enviable clientele for commercial projects including Fidelity, McKinsey, Bank of America, Ford Motors, Nike, EDS, Hewitt, Amdocs, Ernst & Young, Reebok, Keane, Seagrams, Perfetti, Exxon Mobil and AT Kearney.

Unitech Scrip is one of the most liquid stocks in the Indian stock markets and was the first real estate company to be part of the National Stock Exchange's NIFTY 50 Index. The company has over 600,000 shareholders.

Unitech and Norway based Telenor Group - the 6th largest mobile communication provider in the world, came together to build Uninor - a telecommunication services company providing GSM services across India.

Recently the Company has ventured into the infrastructure business by launching Unitech Infra, thus leveraging its decades of experience and expertise in real estate.

SERVICES

Assist sellers in marketing their property and selling it for the highest possible price under the best terms

Assist buyers by helping them purchase property for the lowest possible price under the best terms

SERVICE AS BROKER

§ Comparative Market Analysis (CMA)

§ Exposure — Marketing the real property to prospective buyers.

§ Facilitating a Purchase — guiding a buyer through the process.

§ Facilitating a Sale — guiding a seller through the selling process.

§ Preparing necessary paperwork for "Sale By Owner" sellers.

§ Home Selling Kits — guides to how to market and sell a property.

§ Hourly Consulting for a fee, based on the client's needs.

§ Leasing for a fee or percentage of the gross lease value.

§ Property Management.

§ Exchanging property.

§ Auctioning property.

§ Preparing contracts and leases.