Top 10 Real Estate Developers In Mumbai 2023

Discover the leading names in the industry and explore their exceptional projects, innovative designs, and commitment to quality. This article provides insights into the most reputable developers shaping the skyline of Mumbai. Find your dream property with the help of these real estate developers in Mumbai who excel in delivering excellence and creating spaces that redefine modern living.

Mumbai’s Growing Real Estate Market 

Mumbai, known as the financial capital of India, has been experiencing a significant boom in its real estate market. 

As of today, the market continues to evolve, presenting both opportunities and challenges for investors, developers, and homebuyers.

In recent years, several factors have contributed to the growth of Mumbai’s real estate market. Firstly, the city’s robust infrastructure development, including the expansion of metro lines and the improvement of connectivity, has made certain locations more accessible and desirable for real estate investment. 

This improved connectivity has opened up new corridors for development and enhanced the overall livability quotient of the city.

Secondly, Mumbai’s status as a major business and financial hub has attracted corporate entities, leading to an increased demand for commercial spaces.

The emergence of coworking spaces and flexible office solutions has further fueled the demand for commercial real estate.

Moreover, the evolving lifestyle preferences of buyers have influenced the market. 

Developers are focusing on creating integrated townships and mixed-use developments that offer a holistic living experience.

Despite some challenges like market fluctuation and the rising cost of land, Mumbai’s real estate market continues to attract investors and homebuyers due to its potential for long-term capital appreciation and rental yields up to 10-15%.

Top Real Estate Developers In Mumbai

Real estate top builders in Mumbai are shaping the cityscape with their innovative ideas and expertise. 

They are converting people’s dream homes into reality and ensuring high-quality parameters with on-time delivery.

Here is a list of top real estate developers in Mumbai. 

Lodha Group

Lodha Group is one of the prominent real estate developers in Mumbai. With a legacy spanning over four decades, the group has established itself as a trusted name in the industry. 

Lodha Group is known for its commitment to creating landmarks that meet global standards and epitomize the values of its family.

• Under-Construction Project: 55
• Ready Possession Project: 62
• Total Projects: 117

Unique Features and Qualities of Lodha Group

Legacy of Trust: Lodha Group has built a strong foundation of trust over the years. With a track record of delivering quality projects, they have gained the trust of customers and stakeholders alike. The group has a solid reputation for their ethical business practices and transparent dealings.

Design and Craftsmanship: Lodha Group is committed to delivering the highest level of design and craftsmanship in their projects. They pay meticulous attention to detail and strive for architectural excellence. Their developments showcase innovative designs, modern amenities, and thoughtfully planned spaces that enhance the living experience.

Uncompromising Quality: Quality is a hallmark of Lodha Group’s projects. They adhere to stringent quality standards in every aspect of construction, from materials used to finishing touches. By maintaining high-quality parameters, they ensure that customers receive homes that are built to last and provide a superior living experience.

Landmark Projects: Lodha Group has delivered several landmark projects that have become iconic symbols of luxury and architectural brilliance. Projects such as Lodha Altamount, The World Towers, Lodha Bellissimo, Trump Tower Mumbai, and Lodha Park have set new benchmarks in luxury living and have garnered accolades for their design and grandeur.

Key Projects By Lodha Group

• Lodha Casa Greenwood– Ghodbunder Road
• Lodha Allura– Worli
• Lodha Bella Vista– Pokhran Road 2
• Lodha Bellevue– Mahalakmi
• Lodha Evergreen– Vikhroli

Godrej Properties

Godrej Properties is a renowned one of the top builders in Mumbai. 

As a subsidiary of Godrej Industries Ltd, the company has established itself as a prominent player in the real estate industry. 

With a legacy of 123 years, Godrej Properties brings together a perfect blend of innovation, sustainability, and excellence in its projects.

• Under Construction Projects: 66
• Ready Possession Projects: 38
• Total Projects: 104

Unique Features and Qualities of Godrej Properties

Innovation and Sustainability: Godrej Properties is committed to driving innovation in the real estate sector. They incorporate cutting-edge design, advanced construction techniques, and sustainable practices in their projects. From green buildings to energy-efficient solutions, they strive to minimize the environmental impact and create sustainable communities.

Trust and Legacy: With a rich legacy of over a century, Godrej Properties is built on a strong foundation of trust and reliability. The company has a reputation for delivering projects of exceptional quality and adhering to ethical business practices. They have successfully earned the trust of customers and stakeholders alike.

Thoughtful Designs: Godrej Properties focuses on creating spaces that cater to the evolving needs of modern living. Their projects are known for their thoughtful designs, intelligent space utilization, and functional layouts. They pay attention to every detail, ensuring that the homes they deliver are not only aesthetically pleasing but also practical and comfortable.

Customer-Centric Approach: Godrej Properties places great emphasis on customer satisfaction. They prioritize the needs and preferences of their customers and strive to exceed their expectations. From personalized services to after-sales support, they ensure a seamless and enjoyable home-buying experience.

Key Projects By Godrej Properties

• Godrej Bliss– Kandivali
• Godrej Evoke– Ghodbunder Road
• Godrej Horizon– Wadala
• Godrej Riviera– Kalyan
• Godrej Bayview– Vashi

Kalpataru Group

Kalpataru Group is one of India’s leading real estate companies, known for its exceptional projects and commitment to quality. 

With a legacy dating back to 1969, Kalpataru Limited has been designing skylines and setting new standards in real estate development for over five decades. 

This top builders in Mumbai has received several global awards for its innovative designs and high-quality construction.

• Under Construction Project: 27
• Ready Possession Project:17
• Total Projects: 44

Unique Features and Qualities of Kalpataru Group

Customer-centric Approach: The company values strong customer relationships and strives to meet the needs of its customers. Kalpataru believes in transparency, sustainability, and value-driven homes and offices, ensuring customer satisfaction at every step.

Business Ethics: The business ethics of Kalpataru Group are built on principles such as humility, quality, prudence, respect, and pride. These values guide the company in its day-to-day operations and contribute to its success.

Legacy and Trust: With a legacy spanning over five decades, Kalpataru Group aims to be the benchmark brand in quality real estate development. The group’s continuous focus on innovation, customer satisfaction, and ethical practices sets it apart in the industry.

Key Projects By Kalpataru Group

• Kalpataru Starlight-Ghodbunder Road
• Kalpataru Srishti– Mira Road
• Kalpataru Imperia-Santacruz
• Kalpataru Park Riviera– Panvel 
• Kalpataru Avana– Parel

Hiranandani Group

The Hiranandani Group is a renowned real estate development company that has made significant contributions to the Indian real estate landscape. 

With a rich legacy spanning several decades, the Hiranandani Group has established itself as a trusted name in the industry.

The Hiranandani Group was founded by Dr Niranjan Hiranandani and Mr Surendra Hiranandani in the late 1970s. 

It has grown into a leading real estate conglomerate known for its commitment to quality, innovation, and sustainability, making Hiranandani the top real estate developers in Mumbai.

• Under Construction Projects: 9
• Ready Possession Projects: 58
• Total Projects: 67

Unique Features and Qualities of Hiranandani Group

Integrated Townships: The Hiranandani Group is renowned for its development of integrated townships that offer a harmonious blend of residential, commercial, and recreational spaces. These townships are self-sustaining ecosystems designed to provide a high-quality living experience to residents.

Architectural Excellence: Hiranandani Group’s projects showcase architectural brilliance, combining contemporary designs with functional spaces. The Group collaborates with renowned architects and designers to create visually stunning and aesthetically pleasing structures that stand the test of time.

Strong Track Record: With a successful track record spanning over four decades, the Hiranandani Group has delivered numerous landmark projects across India. Their expertise and experience in real estate development have garnered accolades and recognition from industry experts and customers alike.

Key Projects By Hiranandani Group 

• Highland Hiranandani Gardens– Powai
• Hiranandani Golden Willows– Panvel
• Hiranandani Delanna– Ghodbunder Road
• Hiranandani Castalia– Kandivali

Runwal Group

The Runwal Group, founded by Mr Subhash Runwal, has been in operation for over four decades. 

Since its inception, the group has been dedicated to delivering exceptional real estate projects across various segments, including residential, commercial, retail, and township developments.

With a strong presence in Mumbai, Thane, and Pune, the Runwal Group has earned a reputation for its integrity, transparency, and excellence in construction and is one of the top builders and real estate developers in Mumbai.

• Under Construction Projects: 34
• Ready Possession Projects: 8
• Total Projects: 42

Uniques Features and Qualities Of Runwal Group

Amenities and Lifestyle Offerings: Runwal Group projects are equipped with a wide range of amenities and lifestyle offerings. These include landscaped gardens, swimming pools, fitness centres, jogging tracks, clubhouses, multipurpose halls, children’s play areas, and recreational facilities. The group aims to provide residents with a holistic living experience by offering a host of amenities and services within the premises.

Strong Track Record: With a successful track record spanning several decades, the Runwal Group has delivered numerous landmark projects. Their expertise and experience in the real estate industry have earned them recognition and trust from homebuyers and industry peers alike. The group’s consistent delivery of quality projects has established them as reliable and reputable developer.

Social Initiatives: The Runwal Group actively participates in social initiatives and corporate social responsibility (CSR) activities. They contribute to community development by supporting education, healthcare, skill development, and other social welfare programs. The group endeavours to make a positive impact on society and uplift the communities in which they operate.

Key Projects By Runwal Group

• Runwal Forest– Kanjurmarg
• Runwal Manpada – Ghodbunder Road
• Runwal Gardens– Dombivali
• Runwal Pinnacle Crown– Mulund
• Runwal Upper Crest– Wadala

Shapoorji Pallonji

Founded in 1865, Shapoorji Pallonji is a globally recognized business conglomerate headquartered in Mumbai, India. 

The company was established by Shapoorji Pallonji Mistry and has since grown into a conglomerate with a strong presence in India and across the globe. 

Shapoorji Pallonji has consistently displayed a commitment to excellence, innovation, and ethical business practices.

• Under Construction Projects: 21
• Ready Possession Projects: 6
• Total Projects: 27

Unique Features and Qualities of Shapoorji Pallonji

Legacy and Expertise: With a history spanning over 150 years, Shapoorji Pallonji brings a wealth of experience and expertise to its diverse range of businesses. The company has successfully executed numerous iconic projects across different sectors, establishing itself as a trusted and reliable brand.

Engineering Excellence: Shapoorji Pallonji is widely recognized for its engineering prowess. The company has a dedicated team of highly skilled professionals who excel in complex engineering challenges. They leverage their expertise to deliver innovative and sustainable solutions, ensuring the highest standards of quality and safety in all their projects.

Iconic Projects: Shapoorji Pallonji has been associated with the construction of several iconic landmarks and structures worldwide. From high-rise buildings and residential complexes to airports, stadiums, and infrastructure projects, the company’s portfolio showcases its ability to undertake and deliver large-scale, challenging projects of exceptional quality and craftsmanship.

Key Projects By Shapoorji Pallonji

• Shapoorji Minerva– Worli
• Shapoorji Pallonji Skyraa– Pokhran Road 2
• Shapoorji Palm Springs– Virar
• Shapoorji Pallonji BKC 28– Bandra
• Shapoorji Pallonji Alpine– Kandivali

Wadhwa Group

The Wadhwa Group, established by Mr Vijay Wadhwa in 1969, is one of the prominent real estate developers in Mumbai. 

Renowned for its commitment to customer satisfaction and cutting-edge solutions, the company has gained a strong foothold in the industry by delivering exceptional residential, commercial, and retail projects that cater to the changing demands of clients. 

With their emphasis on quality and innovation, the Wadhwa Group has emerged as a renowned and trusted name in the real estate sector.

• Under Construction Projects: 18
• Ready Possession Projects: 18
• Total Projects: 36

Unique Features And Qualities of Wadhwa Group

Commitment to Quality: The Wadhwa Group is synonymous with superior quality and attention to detail. The company places a strong emphasis on using the best materials, innovative construction techniques, and meticulous planning to ensure the delivery of high-quality projects. Their focus on quality extends to every aspect of their developments, from design and construction to amenities and customer service.

Timely Project Delivery: The Wadhwa Group has a proven track record of delivering projects on time. They employ robust project management practices, stringent quality control measures, and efficient construction techniques to ensure the timely completion of their developments. This reliability in meeting project timelines has earned them the trust and confidence of their customers.

Focus on Safety and Security: The Wadhwa Group places paramount importance on the safety and security of its residents and occupants. They incorporate advanced security features, implement robust safety protocols, and adhere to relevant building codes and regulations. The group’s commitment to providing a safe and secure environment ensures peace of mind for its customers.

Key Project By Wadhwa Group

• Wadhwa Mega Living– Panvel
• Wadhwa Azure– Mulund
• Wadhwa Atmosphere O2– Mulund
• Wadhwa Elite– Ghodbunder Road

Marathon Realty

Marathon Realty, a prominent real estate development company based in Mumbai, is committed to revolutionizing the urban landscape and establishing sustainable communities. With its inception in 1994, Marathon Realty has established itself as a frontrunner in the real estate industry in Mumbai. 

As a trusted and reliable name, the company excels in crafting exceptional residential and commercial spaces that symbolize excellence and instil a sense of trust.

By focusing on building dreams and creating vibrant communities, Marathon Realty aims to leave a lasting legacy for future generations as one of the leading real estate developers in Mumbai.

• Under Construction Projects: 11
• Ready Possession Projects: 11
• Total Projects: 22

Unique Features and Qualities of Marathon Realty

Commitment to Quality and Innovation: Marathon Realty is driven by a passion for excellence, evident in its commitment to delivering superior quality construction and innovative design. From meticulously planned layouts to energy-efficient features, Marathon Realty strives to create living spaces that surpass expectations and stand the test of time.

Customer-Centric Approach: At Marathon Realty, customer satisfaction is at the forefront of every endeavour. The company places great emphasis on understanding the evolving needs and preferences of its customers. By carefully listening to their requirements, Marathon Realty designs homes and commercial spaces that align with their aspirations and lifestyles. 

Strong Ethical Values: Integrity, transparency, and ethical business practices form the foundation of Marathon Realty’s operations. The company adheres to the highest standards of corporate governance, ensuring fair and transparent dealings with all stakeholders. Marathon Realty maintains long-term relationships with its customers, partners, and employees, based on trust, mutual respect, and shared success.

Key Projects By Marathon Realty

• Marathon Nextown– Dombivali
• Marathon Nexzone– Panvel
• Marathon NeoHomes– Bhandup
• Marathon Millennia– Mulund

Rustomjee Group

Rustomjee Group is a renowned real estate development company that has been instrumental in transforming the skyline of cities across India. 

With a rich legacy of over two decades, the Rustomjee Group has become synonymous with innovation, quality, and trust. 

With a strong emphasis on innovation, quality craftsmanship, and unwavering trust, the Rustomjee Group continues to leave an indelible mark on the real estate landscape becoming one of the top real estate developers in Mumbai. 

• Under Construction Project: 13
• Ready Possession Projects: 4
• Total Projects: 17

Unique Features and Qualities of Rustomjee Group

Architectural Excellence: Rustomjee Group takes pride in its innovative approach to real estate development. The company collaborates with leading architects, designers, and industry experts to create iconic structures that blend functionality, aesthetics, and sustainability. 

Customer-Centric Approach: At Rustomjee Group, customer satisfaction is paramount. The company strives to understand the diverse needs and aspirations of its customers, ensuring that its projects align with their lifestyles and preferences. Rustomjee Group goes the extra mile to provide personalized experiences, transparent communication, and reliable after-sales service, building long-term relationships based on trust and integrity.

Landmark Projects: Rustomjee Group’s portfolio boasts an impressive collection of landmark projects that have transformed the urban landscape. From residential townships and luxury apartments to commercial complexes and integrated developments, each project exemplifies Rustomjee Group’s commitment to quality and innovation. These projects not only redefine the skyline but also provide residents and businesses with world-class amenities, convenience, and a vibrant living experience.

Key Projects By Rustomjee Group

• Rustomjee La Vie– Majiwada
• Rustomjee Crown– Prabhadevi
• Rustomjee Seasons– Bandra
• Rustomjee Garden 6– Dadar

Piramal Realty

Founded in 2012, Piramal Realty is a premier real estate development company that has carved a niche for itself in the luxury segment of the industry. 

With a strong commitment to quality, design excellence, and customer satisfaction, Piramal Realty has become synonymous with opulent living and world-class amenities. 

• Under Construction Projects: 10
• Ready Possession Projects: 1
• Total Projects: 11

Unique Features and Qualities of Piramal Realty

Unparalleled Design and Craftsmanship: Piramal Realty sets the benchmark for luxury living through its exceptional design and craftsmanship. The company collaborates with renowned architects, interior designers, and consultants to create architectural masterpieces that exude elegance, sophistication, and timeless appeal. Every detail, from the grand facades to the exquisite interiors, reflects Piramal Realty’s unwavering pursuit of perfection.

Exquisite Locations: Piramal Realty carefully selects prime locations for its projects, ensuring that residents enjoy the best of both worlds – serene surroundings and easy access to essential amenities. Whether it’s luxurious residential towers or mixed-use developments, Piramal Realty’s properties are strategically situated in prestigious neighbourhoods, offering panoramic views, proximity to commercial hubs, and excellent connectivity.

World-Class Amenities and Experiences:

Piramal Realty believes in creating a lifestyle that goes beyond the ordinary. Its projects are designed to offer residents an array of world-class amenities and experiences. From state-of-the-art fitness centres, spa and wellness facilities, and landscaped gardens to exclusive clubhouses, swimming pools, and recreational spaces, Piramal Realty ensures that every aspect of luxury living is meticulously catered to.

Key Projects By Piramal Realty

• Piramal Vaikunth– Balkum
• Piramal Revanta– Mulund
• Piramal Aranya– Byculla
• Piramal Mahalaxmi– Mahalaxmi

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