The Lodha group which had occupied the top slot three out of five times since 2017 slipped to second place in 2020 and continues to be in the same position in 2021.
The Oberoi group was in fifth place in 2019 and fourth place in 2020. This is the first time that it has occupied the number one position.
The Runwal group which took the top slot in 2020 is down to third place in 2021. The more well-known Godrej Properties has fallen far behind and failed to make it into the top 10; it was ranked in 12th place.
The rankings are based on data in a UBS report on Indian Real Estate which has been sourced from Prop-Equity.
Oberoi Realty made sales of ₹44 billion in 2021, ahead of Lodha with ₹36 billion and the Runwal group with ₹34 billion.
This story is from the March 16, 2022 edition of Business Standard.
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This story is from the March 16, 2022 edition of Business Standard.
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