If you are looking to buy a flat, villa or any real estate property in the near future and are unsure of which project to invest in, this list will help!
Here is the list of the top 10 real estate companies in Hyderabad:
- Aparna Constructions
- MyHome Constructions
- Jayabheri Group
- DSR Group
- Phoenix Group
- Vamsiram Builders
- Alekhya Homes
- Trendset Builders
- Meenakshi Group
This list was compiled based on research on companies that have consistently delivered over a period of time and have developed millions of square feet in the key locations of Hyderabad. More than the number of projects and the volume developed, more importance was given to factors such as quality, design, credibility and reputation.
This is an unbiased list created to genuinely help investors and none of the content seen below is influenced by any external factor nor is intended to influence anyone to buy.
If you’ve been in Hyderabad for a few years or may be even a few months, you are likely to know Aparna Constructions not only due to their credibility over decades but also due to their aggressive advertising campaigns in the city.
Founder over 2 decades ago, the Aparna group has made large strides in the cities real estate specially in the gated communities in Hyderabad.
Completing over 15 gated community projects in Hyderabad and many more in the pipeline, Aparna Constructions has been a pioneer in this space not just in terms of number of projects but also in regards to the quality of construction. These projects have mostly been positioned in the affordable luxury space.
The Aparna Group was one of the first to raise such a large investment from a global group – Morgan Stanley.
My Home Constructions
It’s always very interesting to hear stories with unexpected turns. The story of the My Home Group’s founder is just that! It was back in 1979 when Rameswar Rao was a homeopathy doctor. He borrowed Rs. 50,000 from his uncle to buy a 2 acre land in Dilsukhnagar and in 2 weeks guess what happened? He earned a whopping 2 lakhs in profits! Remember this was in the 70’s and 2 lakhs was a massive amount back then.
Surprised at the kind of money he made in such a short span, Rameswar Rao took the plunge into Real Estate and is today one of the biggest real estate developers in Telangana.
One of the key strengths of the My Home Group is the credibility that they have in terms of delivering projects on time and the pace of their construction.
Rameswar Rao is also known be extremely good with understanding future market trends. This was proven when 50% of My Home cements was sold in 2008 for over 1800 crore just before the recession.
During the recession while the entire real estate market was in doldrums and projects got delayed by years, My Home continued to deliver projects on time which helped them gain massive credibility and reputation.
Due to their consistent performance, the My Home Group has a large set of thousands of loyal customers who invest into most of their projects and reap benefits from them.
When you look to buy a home, you must surely consider the My Home Group’s projects.
There are not many popular Tollywood actors who went on to make it big as a real estate developer. Murali Mohan was one actor who made it big even in the real estate sector in Hyderabad.
If you think of quality in real estate, Jayabheri is one of the first names that comes to mind. But wait! It doesn’t end with quality, their design, aesthetics and attention to detail is unmatchable.
The moment you enter a Jayabheri project, you will see a clear difference and feel a sense of calmness, thanks to their open spaces, greenery etc. One of the main reasons for this is the architects they use. A lot of their premium projects are designed by Ananda, a French national who is a very popular architect in India.
When you talk about such quality, design and professionals involved, the cost incurred by the developer is higher and hence the cost of property purchased will be higher. But make no mistake, it is absolutely worth it for what you get! Visit a Jayabheri property and you’ll know what we are saying.
If you know enough of Madhapur, you would know the Fortune project. The DSR group has earned a name for developing premium projects at scale. When you walk into a project developed by DSR, don’t expect a deep discount but expect a very good product. They have been conscious of quality and amenities in a project.
Most of their projects are in the premium locations of Hyderabad such as Banjara Hills, Jubilee Hills, Madhapur and Gachibowli. Apart from Hyderabad, they have a strong presence in Bangalore as well developing large scale residential projects.
· Jayachandra Reddy the chairman of the group worked with the Central Bank of India for 25 years
· Mahender Reddy the Managing Director is a civil engineer and graduated from CBIT
· Sreenivas Reddy the executive director worked as a software engineer in the USA for 18 years
· Sujith Reddy did his MBA from the Coventry University
and worked in a key role with an MNC before coming on board with Rajapushpa
When you get such reputed professionals from different backgrounds coming together to run a real estate company, you should expect something unique and superior. That’s exactly what Rajapushpa Properties has become in a very short span.
They have not focused on volume but instead put in all their time and effort on a limited number of projects and on doing them well. Today, Rajapusha has earned a lot of credenbility in a very short span. They continue to focus on their core strengths and are developed properties primarily in and around Kokapet and Tellapur.
Looking to buy a commercial property in Hyderabad? You can’t not know about the Phoenix Group then. Known for developing premium commercial spaces in Hyderabad, the Phoenix Group has developed properties such as the D.E. Shaw building in Jubilee Hills to several large commercial building in Gachibowli and around.
The group’s focus on commercial real estate has helped it become a pioneer in the space. Proof of their high quality is the kind of companies who occupy their spaces, most of them being large scale multi national companies.
The Phoenix Group recently also developed a residential project called Golf Edge located near the Wipro junction in the Financial District. They are also developing a high end luxury residential community in Film Nagar called Halcyon which is touted to be one of Hyderabad’s most premium residential apartment community.
With a heavy focus on developing high quality and well designed standalone apartments typically with 10 to 20 units with each unit size being in the1800 sft to 3000 sft size, Vamsiram builders are a leader in this space.
Locations of most of their projects are the premium ones in Hyderabad such as Srinagar Colony, Banjara Hills and Jubilee Hills. They have now started to develop bigger projects as well and have expanded into Gachibowli and other such localities.
While they started off being known for ther residential projects, Vamsiram soon entered into the commercial spaces and have developed / are developing quite a few commercial projects as well.
Once you go past Shilparamam and take the right through the arch all the way up to Novotel, you are likely to see a couple of Alekhya Homes projects. This developer has dominated that area with elegant projects that are very well designed with a tough of greenery.
After a string of projects in premium locations of Madhapur and around, Alekhya Homes is now developing larger projects in and around Gachibowli.
Once you visit any of their projects even if it is a small standalone building, you will still feel the openness and greenery even in indoor areas like the corridors. Well planned premium projects with ample open spaces sets Alekhya Homes apart from most of its competitors.
Another popular name in the film industry K.L. Narayana who is a well known film producer has been very successful in Hyderabad Real Estate. Trendset Builders has developed some of the most premium projects primarily in and around Banjara Hills and Jubilee Hills.
Murali Mohan and K.L. Narayana both being from the cine field, struck a partnership in Real Estate as well lauching the project Trendset Jayabheri Elevate. Both their companies have similarities in the principles they follow, the kind of projects they execute and their target market. This project of theirs is located in Hitech city and offers luxury 3bhk and 4bhk apartments.
It’s not necessary that more number of projects means you are a better builder. The Meenakshi group proves exactly that! They have a good mix of residential and commercial projects.
What’s good about the group is that all their projects have been top class whether it’s the Meenakshi Bamboos project or the massive Deloitte new building near Hitec city.
There are a few other excellent developers in Hyderabad whose main base is from other cities such as Bangalore. However, they have not made it to this list yet as they still do not have enough completed projects in Hyderabad. Here are a few such developers:
If you are looking to invest in a property in Hyderabad, the above list should help and would be worth considering.
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