Realty major DLF has been ranked as the country’s most reputed real estate brand, followed by Godrej Properties and Lodha Group, according to a study by BlueBytes in association with TRA Research.
Hiranandani Developers and Tata Housing grabbed the third and fouth place, out of the total 57 real estate brands listed in the report.
Other top brands in the top 10 include Bangalore-based Prestige Estates at the sixth spot, followed by K Raheja Corporation, Shapoorji Pallonji, Oberoi Realty and Indiabulls Real Estate.
The maximum 28 real estate companies featured in the list were from Mumbai, followed by 14 from Delhi, 10 from Bangalore, three from Pune, and one each from Chennai and Hyderabad.
“Realty in India is intimately connected to progress, to growth, to business success, and to the asset building of its populace. Though real estate investments in the coming years may not give the returns it has been giving for the last two decades, this can only be seen as a sign of the maturity of the industry. Maintaining a good reputation in this competitive sector is a tough task, as the industry is intricately connected to social status, finances, and foresightedness. Consequently, brands need to be certain about the risks they take, as it may just result in them losing their hard-earned and hard-fought Reputation,” said Pooja Kaura, chief spokesperson, India’s Most Reputed Brands.
In the Delhi-NCR market, Jaypee Group followed DLF grabbing the second spot, followed by Supertech, Amrapali Group and Ashiana Housing in the top five.
Emaar Group, Gaursons India Limited, Ansal Housing, Unitech Limited and Parsvnath Developers also featured in th top 10 best brands in the Delhi-NCR market.