Company lists
The Maharashtra edition · 2026

Real estate and constructioncompanies in Maharashtra

Developers, contractors, building materials, architects & interiors, brokers and more: the companies building real estate and construction in Maharashtra, with their founders, funding, team size and business models.

3,425 company profiles868 with reported revenue40 with recorded fundingSeptember 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent real estate and construction business events in Maharashtra

Funding, M&A, contract wins and launches involving 3,693 real estate and construction companies in Maharashtra, last 24 months: 344 Contracts · 192 M&A deals · 57 funding rounds · 9 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractInfrastructure

Afcons · client: Na

Afcons has secured a contract worth Rs 53.01 billion (bn), equivalent to Rs 5,301 crore, to build the main breakwater at Vadhavan Port near Mumbai.

Port Infrastructure
ContractSupply

Transrail lighting · client: Na

Transrail Lighting, a leading engineering, procurement and construction (EPC) company, has secured fresh orders worth ₹575 crore, further strengthening its presence across the…

Infrastructure
ContractService

Eleganz interiors · client: M3M Altitude at Golfestate

Eleganz Interiors Limited, one of India's foremost Design & Build, interior fit-out and general contracting companies, has announced a landmark project win at M3M Altitude at Golfestate,…

Real Estate
FundingNCD Issuance

Rdc concrete

Khaitan & Co acted as legal counsel to RDC Concrete (India) Limited in relation to the issuance of senior, secured, rated, listed, taxable, transferable, redeemable, non-convertible…

ContractInfrastructure

Godrej properties · client: Na

Real-estate firm Godrej Properties announced that it has won the bid for a 23-acre residential land parcel in Greater Noida, Uttar Pradesh, with a revenue potential of more than Rs 7,000…

Real Estate
ContractSupply

New Consolidated Construction Company Limited (NCCCL) · client: Lodha group

In the redevelopment segment, NCCCL has been awarded the ACME Hills SRA project in Goregaon East by Lodha Group.

Infrastructure
LaunchReverse Mentoring

K raheja corp

K Raheja Corp, one of India's leading real estate conglomerates, has launched 'Reverse Mentoring', a people-focused learning initiative designed to encourage meaningful dialogue between…

Learning and Development
M&AAcquisition · Announced

Ambuja cements acquires Jaypee

Adani Group-backed Ambuja Cements has submitted a Rs 580-crore offer to acquire bankrupt Jaypee Cement Corporation.

Cement
M&AAcquisition · Announced

Ambuja cements acquires Jaypee Cement

Adani Group-backed Ambuja Cements has submitted a ₹580 crore offer to acquire bankrupt Jaypee Cement, an affiliate of Jaypee Associates.

Cement
M&AAcquisition · Completed

Oberoi realty acquires Hotel horizon

Oberoi Realty Limited has successfully completed the acquisition of Hotel Horizon Private Limited, as part of a consortium with Shree Naman Developers Private Limited and JM Financial…

Hospitality
M&AAcquisition · Completed

Chalet hotels acquires Seasons hotels

Chalet Hotels has completed the acquisition of 100% of the Equity Share Capital of Seasons Hotels. Consequently, the said entity has become a wholly-owned subsidiary of the Company.

Hotel
M&AAcquisition · Announced

Krystal Integrated Services acquires Citelum India

Krystal Integrated Services has announced the acquisition of 100% stake in Citelum India Private Limited, strengthening its presence in the urban infrastructure and smart city solutions…

Urban infrastructure, smart city solutions, street lighting and utility infrastructure services
ContractService

Innovators Facade Systems · client: Reliance industries

Innovators Facade Systems Limited has announced that it has received a work order from Reliance Industries Limited for the design, supply, and installation of façade works for the Anant…

Construction
ContractService

Welspun enterprises · client: Indo Global Soft Solutions and Technologies Pvt Ltd

In March 2026, Welspun Enterprises Ltd had leased 4.5 lakh sq ft of commercial office space in Radius IT Park in Pune's Hinjewadi for over ₹82 crore, according to property registration…

Real Estate
ContractTechnology

Eleganz interiors · client: Na

Eleganz Interiors Limited, one of India’s most established interior fit out and general contracting companies, has secured a major project to develop a Global Capability Center for a…

Technology
M&AAcquisition · Completed

Chalet hotels acquires Seasons hotels

Chalet Hotels has successfully completed the first tranche of its acquisition of Seasons Hotels Private Limited, officially making it a subsidiary of the company.

Hospitality
ContractOutsourcing

Krystal Integrated Services · client: Na

An associate entity of Krystal Integrated services has secured a ₹ 364 crore contract. The order is for facility management services. It involves large-scale deployment of services such…

Facility management services
FundingDebt

Shapoorji pallonji group

The Shapoorji Pallonji Group is set to close a ₹25,400 crore three-year debt raise by May 15 under its ongoing Project Ascent initiative.

Investors Blackrock, BFAM, Lombard
ContractInfrastructure

LCESPL-HCC joint venture · client: City and industrial development corporation of maharashtra

HCC has landed a major infrastructure contract worth Rs 2,917.6 crore from the City and Industrial Development Corporation of Maharashtra (CIDCO).

Water infrastructure
ContractInfrastructure

Patel engineering · client: SJVN Lower Arun Power Development Company (P) Ltd

Patel Engineering Limited a Mumbai-based infrastructure company, is pleased to announce that it has been declared as Lowest Bidder (L1) by SJVN Lower Arun Power Development Company (P)…

Infrastructure
ContractInfrastructure

Larsen & toubro · client: Oberoi realty

The major part of the order book comes from a contract with Oberoi Realty to build seven high‑rise residential towers in Gurugram, within the National Capital Region.

Residential Housing
ContractInfrastructure

Larsen and Toubro Ltd. · client: Oberoi realty

L&T said it secured an order from Oberoi Realty to construct seven high-rise residential towers in Gurugram.

Infrastructure
Contract

Indo Global Soft Solutions and Technologies Pvt Ltd · client: Welspun enterprises

In March 2026, Welspun Enterprises Ltd had leased 4.5 lakh sq ft of commercial office space in Radius IT Park in Pune's Hinjewadi for over ₹82 crore, according to property registration…

Contract

Welspun enterprises · client: Na

Welspun Enterprises Limited has leased 4.57 lakh sq ft of office space at Radius IT Park in Pune, according to registration documents accessed by realty intelligence firm Propstack. The…

Office Real Estate
Contract

Indo Global Soft Solutions & Technologies · client: Welspun enterprises

MumbaI: Welspun Enterprises Ltd has picked up over 4.5 lakh sq ft of office space in Pune’s key information technology hub Hinjewadi through a long-term lease, marking one of the larger…

Information Technology
M&AAcquisition · Completed

Elpro International acquires Ambuja cements ltd

Elpro International Ltd has acquired a minority stake in Ambuja Cements Ltd, marking its entry into the cement sector, the company said in a regulatory filing to the Bombay Stock Exchange.

ContractSupply

John Cockerill India · client: Jsw steel coated products

John Cockerill India has secured a contract worth around Rs 300 crore from JSW Steel Coated Products.

ContractTechnology

John cockerill · client: Jsw steel coated products

John Cockerill India Limited has secured a contract worth approximately ₹300 crore from JSW Steel Coated Products Limited, as per a regulatory filing under SEBI Listing Regulations.

Steel infrastructure
ContractSupply

Texmaco rail & engineering · client: Ultratech cement

Texmaco Rail & Engineering has secured a significant order valued at ₹27.18 crores from Ultratech Cement Limited. The order involves the supply of one rake of BCFC M1 wagons along with…

Railway
ContractSupply

Arisinfra Solutions · client: Capacit'e infraprojects

Arisinfra Solutions Limited has signed a memorandum of understanding with Capacit'e Infraprojects Limited for the supply of construction and building materials worth a minimum aggregate…

Construction

Real estate and construction companies in Maharashtra, by revenue

Browse real estate and construction companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 868 real estate and construction companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Manufacturer of grey cement, ready-mix concrete, and white cement

Building materials
₹76,699.30 crFY 2024-25
+7%2024–2025
29,523-67% 12 mo to Sep 2024LinkedIn · Jul 2026
43 yr1983
0none in 3 months · last posted Jun 2026

Provider of real estate and infrastructure development services

Real estate & infrastructure developers
₹39,480.56 crFY 2021-22
Not reported
8,206-12% 12 mo to Sep 2024LinkedIn · Jul 2026
83 yr1943
—No postings tracked

Manufacturer of industrial and decorative paints

Building materials
₹36,182.69 crFY 2023-24
Not reported
27,706+18% 12 mo to Mar 2024LinkedIn · Jul 2026
84 yr1942
84postings · last posted Sep 2026

Manufacturer & exporter of coated steel sheets products for roofing

Building materials
₹34,517.38 crFY 2024-25
+1%2024–2025
2,301-6% 12 mo to Nov 2023recorded Nov 2023
10 yr2016
0none in 3 months

Enterprise, power, utility and construction solution provider in India

Real estate & infrastructure developers
₹21,161.14 crFY 2022-23
Not reported
1,735+18% 12 mo to Mar 2024LinkedIn · Jul 2026
97 yr1929
0none in 3 months

Manufacturer of electric power transmission towers and EPC company

Real estate & infrastructure developers
₹19,966.58 crFY 2023-24
Not reported
6,621+3% 12 mo to Mar 2024recorded Mar 2024
81 yr1945
1postings · last posted Aug 2026

Developer of oil & gas, underground, and urban infrastructure

Real estate & infrastructure developers
₹13,646.88 crFY 2023-24
Not reported
8,334+26930% vs previous recordLinkedIn · Jul 2026
67 yr1959
0none in 3 months

Manufactures adhesives and sealants

Building materials
₹12,522.64 crFY 2023-24
Not reported
11,070+9% 12 mo to Mar 2024LinkedIn · Jul 2026
67 yr1959
0none in 3 months · last posted Jun 2026

Provider of real estate development services

Real estate & infrastructure developers
₹10,469.50 crFY 2023-24
Not reported
8,464+5% 12 mo to Sep 2024LinkedIn · Jul 2026
46 yr1980
—No postings tracked

Distributor of cement, ready-mix concrete, and modern building materials

Building materials
₹10,376.10 crFY 2024-25
-4%2024–2025
3,282+1% 12 mo to Aug 2024recorded Aug 2024
27 yr1999
0none in 3 months

Provider of road construction & power transmission and distribution services

Real estate & infrastructure developers
₹10,005.29 crFY 2023-24
Not reported
4,084+14% 12 mo to Feb 2024LinkedIn · Jul 2026
50 yr1976
2postings · last posted Aug 2026

Provider of infrastructure development services

Real estate & infrastructure developers
₹8,201.76 crFY 2023-24
Not reported
1,444+0% 12 mo to Mar 2023LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Manufacturer of industrial and decorative paints

Building materials
₹7,893.32 crFY 2023-24
Not reported
4,011+6% 12 mo to Jul 2024recorded Jul 2024
106 yr1920
3postings · last posted Aug 2026

Infrastructure developers

Real estate & infrastructure developers
₹7,765.90 crFY 2023-24
Not reported
8,462+10% 12 mo to Mar 2024recorded Mar 2024
95 yr1931
1postings · last posted Jul 2026

Provider of engineering and construction services

Real estate & infrastructure developers
₹7,139.37 crFY 2023-24
Not reported
2,815-1% 12 mo to Mar 2023LinkedIn · Jul 2026
100 yr1926
0none in 3 months

Developer of residential & commercial properties

Real estate & infrastructure developers
₹6,967.05 crFY 2024-25
+61%2024–2025
7,846+26% 12 mo to Mar 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months · last posted Jun 2026

Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete

Building materials
₹5,914.66 crFY 2024-25
-3%2024–2025
2,887-2% 12 mo to Nov 2023LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Developer of infrastructure projects in roads and railways segment

Real estate & infrastructure developers
₹5,726.49 crFY 2024-25
Not reported
6,905recorded
46 yr1980
0none in 3 months

Provider of premium residential building development services

Real estate & infrastructure developers
₹5,474.18 crFY 2024-25
+14%2024–2025
1,373+28% 12 mo to Aug 2024LinkedIn · Jul 2026
46 yr1980
0none in 3 months · last posted Apr 2026

Offers infrastructure development services

Real estate & infrastructure developers
₹4,428.85 crFY 2024-25
+12%2024–2025
891-22% 12 mo to Jul 2023LinkedIn · Jul 2026
36 yr1990
3postings · last posted Jul 2026

Manufacturer of PVC pipes and fittings for plumbing and agriculture

Building materials
₹4,388.60 crFY 2024-25
Not reported
2,025LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Manufacturer & supplier of steel tile, roof & wall cladding, and steel products

Building materials
₹4,268.87 crFY 2024-25
+0%2024–2025
842recorded
21 yr2005
0none in 3 months

Developer of electricity transmission based utility projects

Real estate & infrastructure developers
₹4,130.00 crFY 2023-24
+30%2023–2024
2,100+19% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 2026

Provider of residential & commercial property development services

Real estate & infrastructure developers
₹4,109.87 crFY 2023-24
Not reported
1,269+10% 12 mo to Jul 2024LinkedIn · Jul 2026
121 yr1905
0none in 3 months

Provider of construction management & development and home designing services

Construction contractors
₹3,983.39 crFY 2024-25
+180%2024–2025
688+44% 12 mo to Sep 2024recorded Sep 2024
5 yr2021
0none in 3 months
50 of 3,425 companies shown here · the full list is on Radar
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Explore real estate and construction companies in Maharashtra by what you are looking for

Browse top rated real estate companies and construction companies in Maharashtra, from large developers and builders to brokers, architects and contractors. Find real estate and construction company names in the segment you need, plus startups and companies that are hiring.

9 ways to explore real estate and construction in Maharashtra

Real estate developers & buildersConstruction companies & contractorsBuilding materials & construction chemicalsArchitects & interior designersReal estate brokers & property agentsFacility & property management companies

Real estate developers & builders

Property developers, home builders and infrastructure developers building residential and commercial projects.

  1. Afcons

    Developer of oil & gas, underground, and urban infrastructure

    Real estate & infrastructure developers
    See in list
  2. Godrej Properties

    Developer of residential & commercial properties

    Real estate & infrastructure developers
    See in list
  3. J Kumar Infraprojects

    Developer of infrastructure projects in roads and railways segment

    Real estate & infrastructure developers
    See in list
  4. Transrail Lighting

    Developer of electricity transmission based utility projects

    Real estate & infrastructure developers
    See in list
  5. Sahakar Global

    Provider of infrastructure development services

    Real estate & infrastructure developers
    See in list

Construction companies & contractors

Civil, industrial and infrastructure construction contractors and project management firms.

  1. Reliance Infrastructure

    Enterprise, power, utility and construction solution provider in India

    Real estate & infrastructure developers
    See in list
  2. HCC

    Provider of engineering and construction services

    Real estate & infrastructure developers
    See in list
  3. J Kumar Infraprojects

    Developer of infrastructure projects in roads and railways segment

    Real estate & infrastructure developers
    See in list
  4. Transrail Lighting

    Developer of electricity transmission based utility projects

    Real estate & infrastructure developers
    See in list
  5. JSW One Homes

    Provider of construction management & development and home designing services

    Construction contractors
    See in list

Building materials & construction chemicals

Suppliers and manufacturers of cement, steel, tiles, doors, windows, paints and other construction materials.

  1. Ultra Tech Cement

    Manufacturer of grey cement, ready-mix concrete, and white cement

    Building materials
    See in list
  2. Asian Paints

    Manufacturer of industrial and decorative paints

    Building materials
    See in list
  3. JSW Steel

    Manufacturer & exporter of coated steel sheets products for roofing

    Building materials
    See in list
  4. Pidilite

    Manufactures adhesives and sealants

    Building materials
    See in list
  5. Nuvoco

    Distributor of cement, ready-mix concrete, and modern building materials

    Building materials
    See in list

Architects & interior designers

Architecture firms and interior design studios for homes, offices and commercial spaces.

  1. ANJ

    Architectural firm with its own design studio serving global clients

    Interior designers
    Website
  2. Concept Consilio

    Provider of architectural and interior design services

    Architects
    Website
  3. Narsi

    Manufacturer of premium home & office furniture

    Professional consumer services
    Website
  4. Eleganz

    Provider of constuction and real estate services

    Interior designers
    Website
  5. DSP Design

    Provider of building design and project planning services

    Architects
    Website

Real estate brokers & property agents

Brokerage and property consultants that help you buy, sell or rent homes, plots and commercial space.

  1. Roshan Real Estate

    Provider of online brokerage services for buying, selling, and renting diversified properties

    Real estate brokers
    Website
  2. Khed City

    Provider of real estate leasing & brokerage services

    Real estate brokers
    Website
  3. Prop Solutions4u

    Real estate company providing home-buying solutions

    Real estate brokers
    Website
  4. ZaminWale

    Company specializing in selling investment plots and land in various locations

    Real estate brokers
    Website
  5. QuikrRealty

    Online brokerage service provider

    Real estate brokers
    Website

Facility & property management companies

Housekeeping, security, maintenance and property management service providers for buildings.

  1. BVG India

    Provider of integrated facility management, emergency response, waste management, and renewable energy solutions

    Facility management services
    See in list
  2. RULKA ELECTRICALS

    Provider of commercial electrical services

    Facility management services
    See in list
  3. Krystal Group

    Provider of commercial cleaning, security, pest control, and other services

    Facility management services
    See in list
  4. Modern Veer Rays Security Force

    Provider of customized security and integrated facilities management services

    Facility management services
    Website
  5. NISA Group

    Provider of security services

    Facility management services
    Website

Real estate and construction startups in Maharashtra

Recently founded real estate and construction companies in Maharashtra.

  1. JSW One Homes

    Provider of construction management & development and home designing services

    Construction contractors
    See in list
  2. Milestone Buildcon

    Provider of pre-engineered building and civil construction services

    Construction contractors
    Website
  3. Onyx Tradelink

    Supplier of ready mix concrete, blocks, and other materials

    Building materials
    Website
  4. Maestro Interior Solution

    Provider of interior design services

    Interior designers
    Website
  5. Sterling Buildcon

    Provider of construction materials including sand, gravel, and lightweight AAC blocks

    Building materials
    Website
286 companies in Maharashtra

Real estate and construction companies hiring in Maharashtra

Companies in this sector that are currently recruiting.

  1. Ultra Tech Cement

    Manufacturer of grey cement, ready-mix concrete, and white cement

    Building materials
    See in list
  2. Asian Paints

    Manufacturer of industrial and decorative paints

    Building materials
    See in list
  3. KEC International

    Manufacturer of electric power transmission towers and EPC company

    Real estate & infrastructure developers
    See in list
  4. Pidilite

    Manufactures adhesives and sealants

    Building materials
    See in list
  5. Ashoka Buildcon

    Provider of road construction & power transmission and distribution services

    Real estate & infrastructure developers
    See in list
40 companies in Maharashtra

Listed real estate and construction companies in Maharashtra

Publicly listed developers, builders and construction companies.

  1. Ultra Tech Cement

    Manufacturer of grey cement, ready-mix concrete, and white cement

    Building materials
    See in list
  2. Asian Paints

    Manufacturer of industrial and decorative paints

    Building materials
    See in list
  3. Reliance Infrastructure

    Enterprise, power, utility and construction solution provider in India

    Real estate & infrastructure developers
    See in list
  4. KEC International

    Manufacturer of electric power transmission towers and EPC company

    Real estate & infrastructure developers
    See in list
  5. Afcons

    Developer of oil & gas, underground, and urban infrastructure

    Real estate & infrastructure developers
    See in list
113 companies in Maharashtra
Mobile reach

Top 10 real estate and construction apps from Maharashtra

The most-installed Android apps published by real estate and construction companies headquartered in Maharashtra — 15.1M installs between them. 97 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Colour with Asian Paints

by Asian Paints

Installs9.3M
Rating3.5740K ratings
Installs, year on year+15%
Last updatedJun 2026
View on Google Play ↗
Colour with Asian Paints screenshot 1Colour with Asian Paints screenshot 2Colour with Asian Paints screenshot 3Colour with Asian Paints screenshot 4Colour with Asian Paints screenshot 5Colour with Asian Paints screenshot 6
2

FCC – Fevicol Champions Club

by Pidilite

Installs2.3M
Rating4.023K ratings
Last updatedApr 2026
View on Google Play ↗
FCC – Fevicol Champions Club screenshot 1FCC – Fevicol Champions Club screenshot 2FCC – Fevicol Champions Club screenshot 3FCC – Fevicol Champions Club screenshot 4FCC – Fevicol Champions Club screenshot 5FCC – Fevicol Champions Club screenshot 6
10

Safalta By Quba Group

by Quba Group

Installs53K
Rating—
Last updatedFeb 2025
View on Google Play ↗
Safalta By Quba Group screenshot 1Safalta By Quba Group screenshot 2Safalta By Quba Group screenshot 3Safalta By Quba Group screenshot 4Safalta By Quba Group screenshot 5Safalta By Quba Group screenshot 6
The business behind the activity

Real estate and construction financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 780 real estate and construction companies in Maharashtra for FY24-25 — 952 of the 3,425 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 44% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹355,934.11 cr

780 companies filing accounts

combined net profit₹20,855.79 cr

5.9% aggregate margin

are profitable84%

654 of 780 companies

median revenue~₹31.1 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five44%

revenue concentration

Six-year view

Combined revenue of filing companies

₹191,900.81 crFY19-20718 filers
₹191,324.05 crFY20-21759 filers
₹249,687.99 crFY21-22787 filers
₹309,982.88 crFY22-23824 filers
₹354,660.00 crFY23-24831 filers
₹355,934.11 crFY24-25780 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 719 companies over three years

+19%
FY22-23₹293,860.44 cr₹10,773.16 cr net
FY23-24₹328,625.48 cr₹14,650.46 cr net
FY24-25₹349,902.44 cr₹19,759.74 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr8051% profitable
₹1–10 cr15077% profitable
₹10–100 cr31289% profitable
₹100–1,000 cr19392% profitable
Over ₹1,000 cr4593% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking247
0–20%201
20–50%141
50–100%88
Doubled+78

755 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

654profitable
126loss-making
5.9%aggregate margin
3.8%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
V.K LalcoV K LALCO PRIVATE LIMITED+586%₹14.68 cr
Amit EnterprisesAMIT ENTERPRISES HOUSING LIMITED+555%₹62.64 cr
Magarpatta CityMAGARPATTA CITY DEVELOPMENT COMPANY PRIVATE LIMITED
Shivalik VenturesSHIVALIK VENTURES PRIVATE LIMITED₹173.14 cr
Mahindra LifespacesMAHINDRA LIFESPACE DEVELOPERS LIMITED
Design QandyDESIGN FIRST OFFICIAL PRIVATE LIMITED+400%₹27.87 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Valecha, Valecha EngineeringVALECHA ENGINEERING LIMITED1386.3%₹31.55 cr
IRB Infrastructure DevelopersIRB INFRASTRUCTURE DEVELOPERS LIMITED96.6%₹5,810.44 cr
Ajanma HoldingsAJANMA HOLDINGS PRIVATE LIMITED₹473.63 cr
AMJ LandAMJ LAND HOLDINGS LIMITED74.7%
Manas PropertiesMANAS PROPERTIES LIMITED69.5%
Coral India Finance and HousingCORAL INDIA FINANCE AND HOUSING LIMITED67.3%₹25.97 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Building materials160₹164,742.35 cr~₹44.5 cr83%6.1%
Real estate & infrastructure developers216₹142,744.92 cr~₹68.9 cr76%5.1%
Construction contractors55₹13,487.02 cr~₹122.0 cr93%7.3%
Facility management services108₹10,995.61 cr~₹24.0 cr93%2.5%
Construction management services67₹6,993.80 cr~₹17.1 cr94%15.1%
Construction equipment and machinery27₹2,808.39 cr~₹38.2 cr93%11.6%
Interior designers26₹2,236.86 cr~₹19.4 cr81%6.2%
Architects22₹923.95 cr~₹2.8 cr91%7.2%
Leaders

Largest real estate and construction companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Ultra Tech CementULTRATECH CEMENT LIMITED₹72,588.39 cr₹6,192.63 cr8.5%+5%
JSW SteelJSW STEEL COATED PRODUCTS LIMITED₹34,517.38 cr₹489.73 cr1.4%+1%
KEC InternationalKEC INTERNATIONAL LIMITED₹19,285.51 cr₹323.88 cr1.7%+11%
Tata ProjectsTATA PROJECTS LIMITED₹16,486.78 cr-6%
AfconsAFCONS INFRASTRUCTURE LIMITED₹12,966.66 cr₹586.13 cr4.5%-2%
PidilitePIDILITE INDUSTRIES LIMITED₹12,367.04 cr₹2,073.83 cr16.8%+9%
ITD Cementation IndiaCEMINDIA PROJECTS LIMITED₹9,022.02 cr₹372.81 cr4.1%+19%
NuvocoNUVOCO VISTAS CORPORATION LIMITED₹8,741.03 cr₹40.48 cr0.5%-4%
Ashoka BuildconASHOKA BUILDCON LIMITED₹7,187.80 cr₹197.24 cr2.7%-8%
IRB Infrastructure DevelopersIRB INFRASTRUCTURE DEVELOPERS LIMITED₹5,810.44 cr₹5,614.06 cr96.6%-1%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

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The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Real estate and construction funding and M&A across India

424 recorded equity rounds have gone to 16,880 real estate and construction companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months8

US$152.03m

equity rounds, last 24 months30

US$836.05m

raised over five yearsUS$2.51bn

125 rounds in India

M&A deals, Maharashtra192

last 24 months

Capital by year

Equity funding into real estate and construction in India

amount rounds
$622m201819
$175m201916
$9.7m202014
$390m202119
$687m202232
$361m202325
$454m202423
$487m202523
$129m20263

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$687.48m across 32 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$8.84m14 rounds · median US$106k
SeedUS$80.39m48 rounds · median US$1.00m
Series AUS$177.03m26 rounds · median US$6.00m
Series BUS$337.33m14 rounds · median US$18.00m
Series CUS$180.95m6 rounds · median US$30.33m
Series D+US$967.04m8 rounds · median US$95.74m
Private equityUS$756.44m9 rounds · median US$80.00m
Where the money went · five years

Most-funded sub-sectors

Real estate & infrastructure developersUS$991.11m35 rounds · 23 companies
Building materialsUS$429.67m29 rounds · 19 companies
Facility management servicesUS$350.06m2 rounds · 2 companies
Consumer and sme loansUS$238.15m6 rounds · 3 companies
Affordable housingUS$146.45m3 rounds · 2 companies
Management consulting servicesUS$137.77m4 rounds · 1 companies
Senior housingUS$38.65m4 rounds · 2 companies
Corporate activity · last 24 months

M&A in Maharashtra

169Acquisition
21Merger
1Undisclosed

Most active acquirers

  1. Ambuja cements35
  2. Ultratech cement19
  3. Jsw paints18
  4. Nuvoco vistas7
  5. Man infraconstruction5

Most acquired or merged

  1. Akzo Nobel India9
  2. Asian paints7
  3. Itd cementation india7
  4. AkzoNobel India5
  5. Kolte-patil developers5

Each deal appears in the events strip at the top of the page.

Real estate and construction funding in Maharashtra

40 real estate and construction companies in Maharashtra have recorded equity funding, US$2.09bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind real estate and construction companies in Maharashtra. 686 of 3,425 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra real estate and construction companies by sub-sector

The most common specialisations among real estate and construction companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring real estate and construction in India and nearby markets.

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