The Top 10 Real Estate Barons of India - 2014. Here is that list!

Despite being real estate professionals, when we threw that question around the IREFD office, we got pretty shabby replies and realised that a definite list of the top 10 Indian real estate tycoons had to be compiled. So we turned to Forbes and went through their latest; India's 100 Richest People List and filtered out the real estate barons from the 100 richest Indians based on their net worths.

Without wasting a moment further, we present our list below;

1. Kushal Pal Singh
22 - Rank: Forbes 100 Richest Indians
Net Worth - $ 3.9 Billion
About: Real Estate Baron Kushal Pal Singh's DLF is India's largest real estate firm.

2. Mangal Prabhat Lodha
27 - Rank: Forbes 100 Richest Indians
Net Worth - $3.1 Billion
About: 58 Year Old Real Estate magnate Mangal Prabhat Lodha's Lodha Group is the most active among Mumbai's property developers, with numerous new projects, which include the 75-story Trump Tower in downtown Mumbai, being built in collaboration with Donald Trump.

3. Chandru Raheja

42 - Rank: Forbes 100 Richest Indians
Net Worth - $2.1 Billion
About: Chandru Raheja's privately held K. Raheja Corp. is focused on retail with their flagship brand Inorbit Mall. His department store chain Shopper's Stop now has 69 stores, bookstore chain Crossword has 48 stores. Raheja also has interests in hotels.

4. Jitendra Virwani

62 - Rank: Forbes 100 Richest Indians

Net Worth - $1.6 Billion
About: Real Estate magnate Jitendra Virwani set up Embassy Property Developments in Bangalore in 1993 after breaking away from his father's construction business and went on to build iT parks and office towers, with tenants like iBM, Mercedes-Benz, Yahoo and Fidelity.

5. Mofatraj Munot

67 - Rank: Forbes 100 Richest Indians

Net Worth - $1.5 Billion
About: Mofatraj Munot set up Kalpataru Constructions in 1969 and built it into one of Mumbai's leading property developers. It has a land bank of over 25 million square feet, mostly in Mumbai and Pune, though lately it has spread to cities such as Jaipur, Hyderabad and Chennai.

6. P. N. C. Menon

70 - Rank: Forbes 100 Richest Indians

Net Worth - $1.4 Billion
About: Property baron P.N.C.Menon, an Omani citizen living in Dubai, has substantial holdings in the Middle East, where he's developing 2 projects worth a combined $13 billion. His India-listed Sobha Developers is run by son Ravi.

7. Irfan Razack

77 - Rank: Forbes 100 Richest Indians

Net Worth - $1.2 Billion
About: The wealth of Bangalore developer Irfan Razack and his family crosses $1 billion for the first time on a 60% rise in shares of Prestige Estates Projects, which is now India's second largest listed property firm.

8. Niranjan Hiranandani

79 - Rank: Forbes 100 Richest Indians

Net Worth - $1.2 Billion
About: Property tycoon Niranjan Hiranandani co-founded Hiranandani Group with brother Surendra.

9. Surendra Hiranandani

83 - Rank: Forbes 100 Richest Indians

Net Worth - $1.2 Billion
About: Younger sibling of Niranjan Hiranandani (featuring on this list at No. 9), Surendra Hiranandani now operates independently with his House of Hiranandani, which specializes in high-end residences and is building most of its projects in South India.

10. Vikas Oberoi

84 - Rank: Forbes 100 Richest Indians

Net Worth - $1.2 Billion
About: Mumbai's Vikas Oberoi is back into the billionaire ranks as shares of his Oberoi Realty recovered. Oberoi's upcoming midtown project will have 2 towers, one consisting of 180 luxury residences and the other a 237-room hotel, both managed by Ritz-Carlton.

Cheers,

The IREFD Team

Update from the grapevine;

Mangal Prabahat Lodha Is India's Richest Property Baron As Kushal Pal Singh's DLF Tanks http://t.co/MzHhDriBGp The pecking order in the...
— 3novices (@3novices) October 14, 2014

About this list:

This list of the Top 10 Real Estate Barons of India is based on net worth information (as of September 2014) as it appears on the Forbes: India's 100 Richest People List. As per this twitter update, the rank appears to have changed in the Top 2.

Clicking on the real estate magnate's name will take you to their Wiki page or their profile page on the Forbes website, which you could visit to know more about these Indian Property Moguls. If you find any errors or typos here, please feel free to report it by sending an email to rahul.mishra496[at]gmail.com