{"id":34077,"date":"2022-04-06T13:12:57","date_gmt":"2022-04-06T07:42:57","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-realty-rich-list\/"},"modified":"2022-04-06T13:53:59","modified_gmt":"2022-04-06T08:23:59","slug":"biz-realty-rich-list","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-realty-rich-list\/","title":{"rendered":"DLF chairman Rajiv Singh richest real estate entrepreneur; M P Lodha at 2nd position: Report"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3245627462\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Realty major DLF&#8217;s Chairman Rajiv Singh has become the richest real estate entrepreneur with a wealth of Rs 61,220 crore, followed by Macrotech Developers&#8217; M P Lodha and family who slipped to the second position with a wealth of Rs 52,970 crore, according to a report.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1262045411\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>Hurun and GROHE India on Wednesday released its fifth edition of \u2018GROHE Hurun India Real Estate Rich List\u2019 \u2013 featuring the richest real estate entrepreneurs in India.<\/p>\n<p>The list was based on net worth proportionate to their ownership in their respective real estate businesses. Wealth calculations are a snapshot of December 31, 2021.<\/p>\n<p>As per the report, DLF&#8217;s Rajiv Singh has been ranked first with a 68 per cent increase in his wealth in the last year.<\/p><div class=\"trade-content_5\" id=\"trade-1090680300\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Although the wealth of M P Lodha and their family grew by 20 per cent in the last year to Rs 52,970 crore, the ranking slipped to second.<\/p>\n<p>With a wealth of Rs 26,290 crore, Chandru Raheja and the Family of K Raheja retains the third spot on the list.<\/p>\n<p>Jitendra Virwani of Embassy group is at the fourth position with a wealth of Rs 23,620 crore, followed by Vikas Oberoi of Oberoi Realty (Rs 22,780 crore), Niranjan Hiranandani of Hiranandan Communities (Rs 22,250 crore), Basant Bansal &amp; Family of M3M India (Rs 17,250 crore), Raja Bagmane of Bagmane Developers (Rs 16,730 crore), G Amarender Reddy &amp; Family of GAR Corporation (Rs 15,000 crore).<\/p>\n<p>With a wealth of Rs 11,400 crore, Subhash Runwal &amp; the family of Runwal Developers moved down two spots to the tenth rank.<\/p>\n<p>The\u00a0GROHE-Hurun India Real Estate Rich List 2021, ranked 100 individuals from 71 companies and 14 cities. As much as 81 per cent of the list saw their wealth increase, of which 13 were new faces. Around 13 per cent saw their wealth decrease, and there were 13 drop-offs. The average age was 61.<\/p>\n<p>The average wealth on the list has increased by 30 per cent to Rs 4,537 crore. The combined wealth of the entrepreneurs on the list grew by 30 per cent to Rs 4,53,700 crore (USD 60 billion).<\/p><div class=\"trade-content-10\" id=\"trade-3312876657\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Hurun India MD and Chief Researcher Anas Rahman Junaid said, &#8220;After lying low for the last few years, the Indian real estate sector is all set to become one of the biggest growth engines in India. Extraordinary world events such as COVID-19, Ukraine War coupled with inflation increased the attractiveness for investing in real estate, resulting in the overall positive performance of the sector.&#8221; For the year under review, the BSE Realty index gained 55 per cent compared to a 22 per cent gain of the benchmark index Sensex. The real estate stocks are primarily driven by a recovery in real estate demand on the back of low-interest rates and government incentives. PTI MJH DRR<\/p>\n<div class=\"trade-after-content\" id=\"trade-823697542\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Realty major DLF&#8217;s Chairman Rajiv Singh has become the richest real estate entrepreneur with a wealth of Rs 61,220 crore, followed by Macrotech Developers&#8217; M P Lodha and family who slipped to the second position with a wealth of Rs 52,970 crore, according to a report. Hurun and GROHE India on Wednesday released its fifth [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":14574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[],"class_list":["post-34077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DLF chairman Rajiv Singh richest real estate entrepreneur; M P Lodha at 2nd position: Report - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-realty-rich-list\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DLF chairman Rajiv Singh richest real estate entrepreneur; M P Lodha at 2nd position: Report\" \/>\n<meta property=\"og:description\" content=\"Realty major DLF&#8217;s Chairman Rajiv Singh has become the richest real estate entrepreneur with a wealth of Rs 61,220 crore, followed by Macrotech Developers&#8217; M P Lodha and family who slipped to the second position with a wealth of Rs 52,970 crore, according to a report. 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