According to GROHE-HURUN India Real Estate Rich List 2021, who has become the wealthiest Indian real estate entrepreneur?
According to GROHE-HURUN India Real Estate Rich List 2021, who has become the wealthiest Indian real estate entrepreneur? Correct Answer Rajiv Singh
The correct answer is Rajiv Singh.
Key Points
- With a wealth of Rs 61,220 crore, DLF Chairman Rajiv Singh has become the wealthiest Indian real estate entrepreneur, according to GROHE-HURUN India Real Estate Rich List 2021.
- He overtook Mangal Prabhat Lodha of Macrotech Developers.
- DLF is the largest listed real estate company in India, with properties in 15 states and 24 cities.
- Chandru Raheja of K Raheja Corp retained the third spot.
Important Points
- As per the report, India was home to 12 real estate billionaires in 2021 – up from 5 compared to five years ago.
- Surprisingly, India has seen their number more than double in the last five years, whereas those in China and the US have seen a fall – from 121 five years ago in China to 58 in 2021 and from 28 real estate billionaires in the US to a count of 20 in 2021.
- Western region states Maharashtra and Gujarat account for 46 per cent of the cumulative wealth of the list, followed by the southern region states consisting of Karnataka, Telangana, Tamil Nadu and Kerala with 29 per cent.
- Northern region states Delhi, Haryana and Punjab are the closest third with a 25 per cent share.
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Feb 20, 2025