Adani Properties, the real estate arm of the Adani Group, has experienced a significant 74% increase in its valuation, reaching Rs 90,400 crore and securing the fourth position in India’s real estate sector. The 2026 Grohe-Hurun India Real Estate 150 report highlighted this remarkable growth, positioning Adani Properties among the top players in the industry. According to the report, Gautam Adani, Chairman of the Adani Group, is potentially establishing the largest real estate business in India.
The leading positions in the list are held by DLF with a valuation of Rs 1.46 lakh crore, followed by Lodha Developers at Rs 93,700 crore, and Tata group’s IHCL at Rs 93,300 crore. Adani Properties’ surge in valuation has also propelled Gautam Adani and his family to the top of the Grohe-Hurun India Real Estate Rich List for the first time, surpassing the DLF Group’s Rajiv Singh and family.
Under the leadership of Gautam Adani and management by Pranav Adani and Rajesh Adani, Adani Properties has embarked on significant projects such as the redevelopment of the Dharavi slum sprawl in partnership with the Maharashtra government. Additionally, the company is actively involved in other large-scale projects like Motilal Nagar. The real estate sector faced challenges as the BSE Realty Index declined by 20%, with only 31 out of 151 companies experiencing value growth, while 74 witnessed a decline in value.
The overall growth in valuations among the top 150 companies was modest at just 2% for the year, marking the slowest increase in the nine-year-old list. Hurun India’s founder and chief researcher, Anas Rahman Junaid, noted that the sector experienced a cooling trend rather than a significant downturn. Notable movements in the rankings included Prism or Oyo, founded by Ritesh Agarwal, entering the top-10 and securing the fifth position with a valuation of Rs 67,200 crore. Despite a decline in valuations, the top three positions remained unchanged from the previous year, while Adani Properties, Oyo, and K Raheja Corp saw an increase in their rankings.
