RERA Developers

EXECUTIVE SUMMARY

Max Estates Limited (MEL) is the real estate development arm of the Max Group, a USD 3 billion Indian multi-business conglomerate with over four decades of institutional history spanning life insurance (Max Life Insurance), senior living (Antara Senior Living), and specialty packaging films (Max Ventures and Industries). Incorporated in March 2016 and listed on NSE and BSE in October 2023, Max Estates operates exclusively in Delhi NCR across two asset classes: Grade A+ commerc

EXECUTIVE SUMMARY

DLF Limited is India's largest publicly listed real estate developer by market capitalisation, founded in 1946 by Chaudhary Raghvendra Singh and headquartered in New Delhi. The company is synonymous with the development of modern Gurugram (formerly Gurgaon) and commands an unmatched brand position in the NCR luxury and super-luxury residential segment. DLF operates across three segments: residential development, commercial office leasing (through DCCDL), and retail. Promoter h

EXECUTIVE SUMMARY

Eldeco Group is one of North India's oldest and most established real estate developers, with origins tracing back to 1975 and formal incorporation of its flagship listed entity, Eldeco Housing and Industries Limited (EHIL), in 1985. Headquartered in Lucknow, the group operates through two primary entities: EHIL, which is listed on BSE and NSE and focused on Uttar Pradesh, and Eldeco Infrastructure and Properties Limited (EIPL), an unlisted private entity incorporated in 2000

EXECUTIVE SUMMARY

Experion Developers Private Limited is a 100% FDI-funded private real estate developer incorporated in July 2006 and headquartered in Gurugram, Haryana. It operates as a wholly owned subsidiary of Experion Holdings Pte. Limited, Singapore, which is the real estate investing arm of the AT Holdings group, a Singapore-based diversified investment firm with assets under management of approximately USD 2.4 billion. The company focuses on premium and luxury residential developments,

EXECUTIVE SUMMARY

Birla Estates Private Limited (BEPL) is the real estate arm of the Aditya Birla Group, incorporated in December 2017 and operationally active since 2016 under its current brand. It is a 100% wholly owned subsidiary of Aditya Birla Real Estate Limited (ABREL), which was formerly Century Textiles and Industries Limited and rebranded in October 2024 to reflect its pivot to real estate. Headquartered at Birla Aurora, Worli, Mumbai, BEPL operates across four key markets: Mumbai Met

EXECUTIVE SUMMARY

Ashiana Housing Limited is a BSE and NSE listed residential real estate developer incorporated in 1986 and headquartered in New Delhi. The company is promoted by the Gupta family, with Vishal Gupta and Ankur Gupta serving as Managing Director and Joint Managing Director respectively. Ashiana has built a differentiated positioning around three product verticals: senior living homes, kid-centric residences, and premium group housing. It operates primarily across Bhiwadi (Delhi-N

EXECUTIVE SUMMARY

Conscient Infrastructure Private Limited is a privately held real estate developer incorporated in Delhi in 1990, with roots tracing back to a family-driven group established in the mid-1970s. Headquartered at K-1, Green Park Main, New Delhi, the company is promoted by the Jain family and operates primarily across Gurgaon, with a secondary presence in Faridabad, Dehradun, and Goa. The group has a legacy of over four decades in residential, commercial, and institutional develop

EXECUTIVE SUMMARY

M3M India Private Limited is a privately held real estate developer incorporated in March 2007 and headquartered in Gurugram, Haryana. The company was founded by Basant Bansal, with Roop Bansal and Pankaj Bansal serving as key promoters. M3M has built its identity primarily in Gurugram's luxury and ultra-luxury residential and retail segments, and has steadily expanded into Noida and Panipat. The brand name stands for Men, Materials, and Money, reflecting the group's multi-res

EXECUTIVE SUMMARY

Godrej Properties Limited (GPL) is the real estate development arm of the Godrej Industries Group, one of India's oldest and most respected conglomerates with a lineage dating to 1897. Incorporated originally as Sea Breeze Constructions and Investments Private Limited in 1985, the company was renamed Godrej Properties in 2004 and listed on the BSE and NSE in 2010. It operates as a publicly listed entity headquartered in Mumbai, with a pan-India presence across 12 cities includ

EXECUTIVE SUMMARY

Smartworld Developers Private Limited is a Gurugram-headquartered residential real estate developer incorporated in January 2021. It was founded by Pankaj Bansal and Aishwarya Bansal, who are the son-in-law and daughter of Basant Bansal, the Group Chairman of the M3M Group, one of NCR's largest real estate conglomerates. Smartworld operates as a separate legal entity from M3M but shares common promoter roots, brand synergies, and a broadly overlapping operational geography.