Delhi is home to all kinds of businesses. The city’s corporate landscape and the real estate market have a mutually beneficial relationship, which has greatly influenced the city’s growth and development. The great range of industries and the influx of professionals and students found in India’s capital leads to this symbiotic relationship. This symbiotic relationship, in turn, has a big impact on the city’s overall economic growth and urban development.
See also: Top construction companies in Noida
Business landscape in Delhi
Delhi boasts a vast array of business industries. It acts as a major global metropolis, from various corporate ecosystems, such as multinational conglomerates, technology startups, financial institutions, etc., to more extensive business districts. Consequently, it has become a major centre of national and international trade. Not to mention, its strategic location helps it establish industrial zones while also making its service sector thrive. With pro-business government policies, it has also been attracting many investors. Out of this, the construction sector adds the most to Delhi’s gross domestic product.
List of top construction companies in Delhi
NBCC (India)
Company type: India’s Top 500
Location: Lodhi Road, New Delhi / Delhi – 110003
Founding date: November 15, 1960
NBCC India is a central public sector enterprise and is owned by the Indian Ministry of Housing and Urban Affairs. Its construction projects are not only located in India but also in foreign countries such as Iraq, Libya, Nepal, etc.
Oriental Structural Engineers
Company Type: India’s 501-1000
Location: Aerocity, New Delhi / Delhi – 110037
Founding date: June 18, 1971
Oriental Structural Engineers has grown to become one of the top players in the Indian infrastructure sector. It has built over 39 Indian airports and has now over Rs 27 billion in business with two main vertices.
Freyssinet Menard India
Company Type: MNC
Location: Badarpur, New Delhi / Delhi – 110044
Founding date: January 31, 2007
Freyssinet Menard India is classified as a subsidiary of Soletanche Freyssinet Group. The company brings its amazing civil engineering skills into India and also offers integrated technical solutions in case of construction.
Insituform Pipeline Rehabilitation
Company Type: MNC
Location: Okhla Phase -2, New Delhi / Delhi – 110018
Founding date: February 29, 2008
Insituform Pipeline Rehabilitation is another subsidiary on this list. As you must have recognised from the company’s name, it specialises in building high-quality pipelines and installing them.
Nippon Steel Engineering India
Company Type: MNC
Location: Saket, New Delhi / Delhi – 110017
Nippon Steel Engineering India is yet another subsidiary on this list. Authorised with a capital of Rs 150.0 lakh, Nippon Steel Engineering India has been a prominent construction service provider.
DLF India
Location: New Delhi
Founding date: July 4, 1946
DLF India is a commercial real estate development company that was founded by Chaudhary Raghvendra. It has made its name in the construction industry over the years with its high-quality services. Not only that, it has developed residential colonies in Delhi, such as Model Town, Krishna Nagar, etc.
Omaxe
Company Type: Public Company
Location: New Delhi, India
Founding date: 1987
Omaxe was founded by a first-generation entrepreneur and civil engineer to take over construction and contracting in 1987. Soon after being incorporated, the company set on its housing projects at Noida and now works on diversified assets of classes of townships, residential, etc.
BPTP
Company Type: Public
Location: Gandhi Marg, New Delhi- 110001
Founding date: August 11, 2023
Over two decades in the real industry, BPTP has proved to have a prominent position as one of the leading developers in India. It strives to contribute to the exponential growth of the Indian economy, increase corporate and consumer income, etc.
A&T Engineering
Company Type: Industry Top
Location: New Delhi / Delhi – 110025
Founding date: July 17, 2014
A&T Engineering Solutions is a company that is famous for its engineering services and solutions. Its services include designing, automation and manufacturing solutions.
Unitech Group
Company Type: Public
Location: Unitech Limited, 6 Community Centre, Saket, New Delhi – 110017
Founding date: 1972
Based in Delhi, Unitech Group specialises in building roads, powerhouses, highways, transmission lines, etc. It is well-known that it was ranked 32nd in the Forbes list of the top 2000 public companies in the world.
Raheja Developers
Company Type: Private
Location: W4, D-204/5, Carriapa Marg, Sainik Farms, Delhi – 110062
Founding date: March 25, 1990
Through its commitment to quality and innovation, Raheja Developers has made its name in the construction sector of Delhi. The construction company had delivered many residential, commercial, and retail projects that reevaluated the urban living conditions. Not only that, but the company also focuses on sustainability.
Commercial real estate demand in Delhi
Office space demand: There has been a significant increase in the demand for office space in Delhi. The reason behind this is Delhi’s thriving business environment and its being a primary location for the operation of domestic and multinational corporations. Construction companies have been benefiting from this increase in demand as they take on the job of constructing commercial buildings, business parks and office complexes.
Rental property demand: Delhi has been attracting professionals, students and individuals not only from the country but internationally as well, which has increased demand for rental property. This, in turn, has led construction firms located in Delhi to initiate residential instruction to satisfy the demand.
Impact: With the steady increase in demand for both office spaces and rental properties, there has been a boom in business for construction companies. The increase in the need for the services of construction companies has also resulted in the use of even more innovative and technological advancements in the construction sector, making the capabilities of the construction companies in Delhi stronger.
Impact of the construction industry on Delhi
The construction industry has positively impacted the economy of Delhi. Thriving in the steady demand for its services, the industries have evolved the urban landscape of the city.
FAQs
What type of company is best for construction?
Many construction owners prefer to choose an LLC as their business structure.
Which is the top construction company in Delhi?
DLF India is one of the top construction companies in Delhi.
How can I start a construction company in Delhi?
You can start a construction company in Delhi by registering it under the Ministry of Corporate Affairs (MCA) as per the Company Act of 2013.
Who is the biggest builder in India?
Shapoorji Pallonji is one of the biggest builders of India.
Which is the no. 1 civil construction company in India?
Larsen & Toubro Limited is the No.1 civil construction company in India.
What is the fastest-growing sector in construction?
According to reports, the fastest-growing sector in construction is hotels and motels.
What is the most profitable sector in construction?
The most profitable sector in construction is manufacturing.
What is the most expensive construction business?
The most expensive construction business is Saudi Arabia’s King Abdullah Economic City.
How can I get a contractor licence in Delhi?
You have to register at the official CPWD web portal and, after registration, upload your documents and apply for a CPWD licence online. As for the online method, you need to prepare all the documents and then go to the nearest CPWD office.
Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |