India’s real estate sector has evolved from standalone developments to integrated ecosystems that combine residential, commercial, retail and lifestyle spaces. Industry leaders have played a central role in shaping this transformation through large-scale projects and urban planning initiatives.
Kushal Pal Singh, founder of DLF, is credited with contributing to Gurugram’s emergence as a corporate hub. DLF has developed residential communities, office complexes and retail centres, and maintains significant commercial and luxury residential portfolios.
Mangal Prabhat Lodha, founder of Lodha Group, has overseen the development of high-rise residential towers and townships in Mumbai and other cities. The company has also expanded internationally, including entering the United Kingdom housing market.
Rohan Sheth, founder of Volney, leads a real estate investment advisory firm focused on commercial property transactions in central Mumbai. His work includes facilitating office leases and acquisitions for multinational corporations and high-net-worth individuals.
Chandru Raheja of K Raheja Corp has been involved in the development of commercial properties, including IT parks and business districts, as well as retail, hospitality and residential projects across metropolitan areas.
Niranjan Hiranandani, co-founder of the Hiranandani Group, has developed integrated townships combining residential, commercial, educational and healthcare facilities. Projects in Powai and Thane are cited as examples of this township model.
Together, these founders represent different approaches to urban development as India’s real estate market continues to expand.

