Top Real Estate Stocks In India To Buy In 2024

Real estate sector is growing in very fast pace over the years. this sector consist of various segments such as commercial, industrial, infrastructure and more. Investing in real estate stocks can be a lucrative opportunity for investors seeking long-term growth and stability. In the dynamic Indian market, several real estate companies have demonstrated resilience and potential for substantial returns. This article delves into top real estate stocks in India, analyzing key players and their market performance.

 

By 2030 real estate sector will  reach US$ 1trillion from US$ 200 billion and it contribute 13% in India's GDP by 2025.

 

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Top Real Estate Stocks In India

Here is the list of the top real estate stocks in India to invest for the future: But one thing every investors need to know how to choose stocks for long term investment by analysing important ration in stock market.

 

S.No	Company Name	Last Price	52 wk High	52 wk Low	Market Cap (Rs. cr)
1	DLF	920	967	513	227864
2	Godrej Properties	3241	3402	1532	90346
3	Sobha	1995	2220	642	20134
4	Brigade Enterprises	1389	1453	565	33947
5	Oberoi Realty	1925	1970	1051	70042
6	Prestige Estates Projects	1825	2074	592	78629

 

1. DLF Limited

DLF is primarily in the business of real estate development, the company has different business models of development and rentals. Additionally the company engaged in the business of leasing, power generation, maintenance services, recreation and hotel business.

 

DLF is the largest real estate stock in India, the company has a presence in 22 cities 14 states. Recently company sold all 795 flats at the "DLF Privana West" project in gurugram for Rs.5,590 Crore within 3 days.

In March(quarter-4 results) DLF Net profits rose 61% to Rs. 920 Cr(YOY), revenue up 47% on strong housing demand.

 

Among all the real estate stocks Dlf has highest cap of Rs 2,277,864 Cr. and it was the only real estate stock listed in Dow Jones (US market)

 

Company Name	Last Price	52 wk High	52 wk Low	Market Cap (Rs. cr)
DLF	920	967	513	2,27,864

 

 

2. Godrej Properties Limited

Founded in 1990, Godrej Properties is the conglomerate of the Godrej Group. The company majorly focuses on residential, commercial and township development, In the year 2023 the company sold the highest number of houses.

 

Recently the Godrej Family announced the split of 127-year-old conglomerates Adi and Nadir Godrej retain listed entitles. and cousins Jamshayd, and Samita to take over unlisted companies and prime real estate.

 

Growth

In March(quarter-4 results) Godrej Properties Net profits rose 14% to Rs. 471 Cr(YOY), and revenue was up 1.13%  to ₹1,951.87Cr.

Among all the real estate stocks Godrej Properties has second highest cap of Rs 78,214.49 Cr.

 

Future projects

On March, 24 the company entered into an agreement to develop 63 63-acre land parcels in North Bengaluru. under the profit-sharing model.

The company recently bought 6.46 acres of land in Noida.

 

Company Name	Last Price	52 wk High	52 wk Low	Market Cap (Rs. cr)
Godrej Properties	3241	3402	1532	90346

 

 

3. Sobha Limited

Founded in 1995 Sobha Limited is one of the leading real estate developers in India, engaging in township, commercial, and housing projects and company also deliver services like the Interiors Division, Sobha Glazing and Metal Works Division. Specializing in residential and contractual projects, Sobha Limited has consistently shown financial strength:

 

Founded in 1995 Sobha Limited is one of the leading real estate developers in India, engaging in township, commercial, and housing projects and company also deliver services like the Interiors Division, Sobha Glazing and Metal Works Division.

 

Key Projects:

Sobha Silicon Oasis, Bangalore: A residential project offering a blend of luxury and comfort with state-of-the-art amenities.
Sobha City, Thrissur: A mixed-use development comprising residential and commercial spaces, showcasing Sobha's commitment to quality.

 

Growth Strategies:

Quality Assurance: Commitment to high construction standards.
Geographic Expansion: Increasing presence in major cities.

 

Noteworthy Developments:

Numerous awards for architectural excellence.

 

Financial Performance:

Sobha Limited has consistently reported healthy revenue figures, driven by its premium offerings and strong market presence.
The company's net profit margins underscore its ability to maintain profitability in a competitive market.
Market capitalization trends reflect investor confidence in Sobha Limited's brand and project execution capabilities.

 

Recent Developments:

Sobha Limited has received numerous awards for its architectural excellence, emphasizing its commitment to delivering aesthetically pleasing and functional spaces.
The company's geographic expansion into major cities has positioned it as a key player in India's real estate landscape.

 

Company Name	Last Price	52 wk High	52 wk Low	Market Cap (Rs. cr)
Sobha	1995	2220	642	20134

 

 

4. Brigade Enterprises Limited

 

Founded in 1986, Brigade Enterprises Ltd is a real estate developer in South India, based in Bengaluru and now the company is expanding its operations in another part of India. It has completed over 250 buildings aggregating to over 70 mn. sqft in in commercial, housing and hospitality sector.

Company have unique diversified business: lease rentals, commercial, hospitality, property management and education.

Key Projects:

Brigade Gateway, Bangalore: An iconic mixed-use development featuring residential, commercial, and hospitality components.
Brigade Cosmopolis, Chennai: A luxury residential project showcasing Brigade's emphasis on quality and innovation.

 

Growth Strategies:

Diversification: Presence in residential, commercial, and hospitality sectors.
Customer-Centric Approach: Focus on customer satisfaction.

 

Noteworthy Developments:

Recognition for transparent business practices.

 

Financial Performance:

Brigade Enterprises Limited has demonstrated resilience in revenue growth, attributed to its diversified portfolio and strategic project selection.
The company's net profit margins highlight effective cost management practices and a focus on delivering value to stakeholders.
Market capitalization trends reflect positive investor sentiment, indicating confidence in Brigade's growth strategies.

 

Recent Developments:

Brigade Enterprises' commitment to transparency in business practices has garnered recognition, enhancing its reputation in the real estate sector.
The company's customer-centric approach, including post-sale services, has contributed to strong brand loyalty and customer satisfaction.

 

Company Name	Last Price	52 wk High	52 wk Low	Market Cap (Rs. cr)
Brigade Enterprises	1389	1453	565	33947

 

5. Oberoi Realty Limited

Oberoi Realty Limited is renowned for its premium developments in the residential and commercial sectors. Examining its financial metrics provides valuable insights:

 

Key Projects:

Oberoi Garden City, Mumbai: An integrated township featuring high-end residential and commercial spaces, setting the standard for luxury living.
Three Sixty West, Worli: A premium residential project known for its panoramic views of the Mumbai skyline.

 

Growth Strategies:

Premium Offerings: Focus on high-end residential and commercial developments.
Financial Prudence: Conservative financial management.

 

Noteworthy Developments:

Consistent delivery of projects ahead of schedule.

 

Financial Performance

Oberoi Realty Limited has consistently reported impressive revenue figures, driven by its focus on premium and luxury real estate offerings.
The company's net profit margins reflect efficient financial management and a commitment to delivering high-quality projects.
Market capitalization trends highlight Oberoi Realty's position as a key player in the premium real estate segment.

 

Recent Developments

Oberoi Realty's consistent delivery of projects ahead of schedule has reinforced its reputation for reliability and project execution excellence.
The company's conservative financial management practices have contributed to its stability in a dynamic real estate market.

 

Company Name	Last Price	52 wk High	52 wk Low	Market Cap (Rs. cr)
Oberoi Realty	1925	1970	1051	70042

 

 

6. Prestige Estates Projects Limited

Prestige Estates Projects Limited has a diverse portfolio including residential, commercial, retail, and hospitality developments. Let's examine its financial performance:

 

Key Projects:

Prestige Shantiniketan, Bangalore: A mixed-use development featuring residential, commercial, and retail spaces, reflecting Prestige's versatility.
Prestige Lakeside Habitat, Bangalore: An expansive residential project set amidst natural surroundings, showcasing Prestige's commitment to quality living.

 

Growth Strategies:

Diversification: Presence in residential, commercial, retail, and hospitality sectors.
International Expansion: Exploring opportunities in other countries.

 

Noteworthy Developments

Strong brand reputation in the Indian real estate market.

 

Financial Performance:

Prestige Estates Projects Limited has demonstrated strong revenue growth, underpinned by its diverse portfolio and strategic market presence.
The company's net profit margins highlight effective financial management and operational efficiency.
Market capitalization trends reflect investor confidence in Prestige Estates Projects Limited's brand and growth potential.

 

Recent Developments

Prestige Estates' foray into international markets and exploration of real estate opportunities abroad signifies the company's ambition for global expansion.
The company's strong brand reputation in the Indian real estate market has contributed to its success in attracting investors and customers alike.

 

Company Name	Last Price	52 wk High	52 wk Low	Market Cap (Rs. cr)
Prestige Estates Projects	1825	2074	592	78629

 

 

Conclusion

Investing in real estate stocks requires careful consideration and analysis of a company's financial health and market position. The tables provided offer a comprehensive overview of the best real estate stocks in India, helping investors make informed decisions based on historical performance. As with any investment, conducting thorough research and seeking professional advice before making investment decisions is crucial.

 

 

FAQ

Ques 1. Which are the real estate stocks listed in nifty 50?

Ans. There are no real estate stocks listed in the Nifty 50 index.

 

Ques 2. List of top 10 real estate  stocks in India for long term?

Ans. Here is the top 10 real estate  stocks in India for long term for investors:

S.No	Stock Name	CMP	Market Cap (Rs. Cr)	52 Week High	52 Week Low	P/E Ratio
1	DLF Ltd	841	2,08,260	968	512	73.3
2	Prestige Estates	1,866	80,355	2,075	590	60.1
3	Godrej Properties	2,865	79,661	3,403	1,532	71.2
4	Oberoi Realty	1,816	66,032	1,953	1,051	30.1
5	Phoenix Mills	3,393	60,652	4,137	1,725	55.6
6	Brigade Enterprises	1,340	32,733	1,453	565	72
7	Raymond	1,823	12,134	2,381	919	22.2
8	Puravankara	443	10,498	570	105	140
9	Sunteck Realty	581	8,504	699	380	84.7
10	Nesco	932	6,566	1,030	616	18.4

 

Ques 3. List of Real estate stock with high dividend?

Ans.  Here is the list of real estate stocks with high dividend.

S.No	Company Name	Dividend yield	Last Price	52 wk High	52 wk Low	Market Cap (Rs. cr)
1	Puravankara Ltd	1.53	416	569	110	9887
2	NESCO Ltd	0.63	954	1029	616	6716
3	DLF	0.54	920	967	513	227864
4	Oberoi Realty	0.41	1925	1970	1051	70042

 

Ques 4. List of real estate stock under 100 Rs?

Ans. Here is the list of real estate stock under 100 Rs. are: 

S.No	Company Name	Last Price	52 wk High	52 wk Low	Market Cap (Rs. cr)
1	Peninsula Land Ltd.	54	78	30	1752
2	PVP Venture	30	43	10	781
3	Vipul Ltd	35	53	14	499
4	Nila Spaces	11.93	12.5	2.8	469
5	Ravinder Heights	65.9	70.42	17.12	404