50 BEST REAL ESTATE & INFRASTRUCTURE COMPANIES, RANKED! – 9th Anniversary Special
For too long, we have been merely listing Top 100 companies. It was time to take on new challenges. And what better time than the 9th Anniversary issue?
Ranking established giants who have been in real estate and infrastructure for decades is no small feat. Moreover, a discourteous market has not been playing ball with the now beleaguered developers. We needed compelling parameters that could withstand the test of time, and disagreements, if any. For that reason, we sought the help of consultants who could corroborate the criteria and segregate the submitted data. Emails indicating parameters were sent out to selected established companies. The criteria to rank companies were: Number of projects launched last two years; Projects completed last two years; construction methodologies; significant milestones; Number of cities present in and projects in those cities; change of management level employees, if any, recently; list of green projects; best practices followed; and EBIDTA.
Without meaning to unsettle anyone, we adopted an unbiased approach to tally the scores from our consultants and those marked in-house and arrived at the final list. The more points you score on the parameters, the faster is the climb up the ranking sheet. Of course, there are surprises in store. We hope you will appreciate our efforts and understand that this was just a way of understanding how the Indian real estate market is faring in these turbulent times.