DLF’s Rajiv Singh topped the list of richest real estate promoters, Gautam Adani is at number 3. With a wealth of Rs 1.28 lakh crore, DLF’s Singh remains the real estate promoter in the country. According to the 2025 GroheHurun India Real Estate 150 report released on July 3, it is largely linked to him and his family’s stake in the Gurugram-based developer that is valued at Rs 2.07 lakh crore.
Real Estate
Singh is followed by real estate magnate and politician Mangal Prabhat Lodha’s family, which owns Lodha Developers (formerly Macrotech Developers). The promoters’ stake is valued at Rs 92,340 crore, while the Mumbai-based developer is valued at around Rs 1.38 lakh crore.
Adani Group
According to the report, Adani Group’s chairman, Gautam Adani’s has a real estate wealth valued at Rs 52,320 crore. It would make him the third-wealthiest real estate promoter in India. Compared to the previous period, this is despite a 7 per cent drop in his real estate from June 2024 to June 2025.
Large Township Projects
Gautam Adani’s family owns Adani Properties, which is developing multiple large, township-like projects in cities like Mumbai, most notably the Dharavi redevelopment project, as well as similar projects at Bandra Reclamation, and most recently in Goregaon’s Motilal Nagar. The company has also pursued group housing projects in areas such as Andheri, Ghatkopar, Kanjurmarg, and Bandra (East).
Other township projects are being planned near the under-construction Navi Mumbai International Airport. Adani Group is building the project and is scheduled to be operational this year.
Adani Properties
In the Grohe-Hurun India report, Adani Properties, which markets its projects under the Adani Realty brand, was reported to be the most valued unlisted real estate firm in India at Rs 52,400 crore.
Adani Properties is held directly by the promoters, unlike other new businesses of the Adani Group that are incubated by the group’s flagship Adani Enterprises. Gautam Adani has publicly expressed a desire to become one of the top pan-India real estate developers, including in Mumbai, India’s largest residential real estate market.
In its home base of Ahmedabad, the company is also pursuing multiple group housing projects and has built the Shantigram development near its corporate headquarters in the city.
