Top 5 Developers In Mumbai

Mumbai has always topped the list of real estate investors given the quality projects developed by some of the prominent developers in the country. A city that poses high return on investments, is not only a favourite among domestic buyers but there is a high demand for apartments in Mumbai by Non-Resident Indians (NRIs), too.

So, for those planning to invest in the financial capital of India, PropGuide lists the names of five most prominent developers in Mumbai you could opt from. These are ranked on the basis of the units sold in the period ranging from January to June 2016.

Lodha Group

Lodha Group tops the list with 1,095 units sold in the first six months of the year 2016. Founded in 1980, the group is led by Mangal Prabhat Lodha. The developer has covered and developed more than 35 million sq ft of area. This area accounts for 30 projects in Mumbai ranging from Napean Sea Road to Dombivali. The group is expanding its activities in the region of Pune and Hyderabad, too. Some of the most prominent works of this developer include World One, the world's tallest residential tower. It was awarded the title of Green Good Design Award in 2012. Its project Lodha Fiorenza has received five stars for the Best Interior Design. Projects completed by Lodha Group include Lodha Bellissimo, Lodha Grandeur and Lodha Imperia.

Dheeraj Realty

Dheeraj Realty stands second with 699 units sold in months ranging from January to June 2016. The group was founded in 1978 and has 16 completed and seven under-construction projects under its umbrella. Dheeraj Realty's projects in Mumbai include Dheeraj Realty Constellation, Dheeraj Realty Serenity and Dheeraj Realty Celestial.

Kalpataru Group

Kalpataru Group is at the third position with 639 units sold in the six-month period. The group founded in 1969, has 88 completed and 21 under-construction projects in India. The list of completed projects includes Kalpataru Aura, Kalpataru Karma kshetra, Kalpataru Pinnacle and Kalpataru Divya Swapna.

Ruparel Realty

Ruparel Realty is the fourth in the list with 460 units sold. The company was formed in 1999 with its headquarters in Mumbai. Founded by Mahendra Karsandas Ruparel, the group has completed 14 projects. Ruparel Sea Palace, Ruparel Ariana and Ruparel Elara are some of the prominent projects by Ruparel Realty in Mumbai.

Radius Developers

Radius Developers is at the fifth position with 454 units sold during the months of January to June 2016. Radius Developer is founded by Sanjay Chhabria and is a succession plan of Wadhwa Group. The group has a pan-Mumbai presence with eight projects constructed so far. Radius Developers' projects include Radius Developers Project Bandra, Radius Developers Viceroy Park and Radius Developers 64 Greens.