Navi Mumbai is a booming entrepreneurial hub with tons of daily development. The construction and IT sectors are the most promising sectors in Navi Mumbai, given their massive return on investment due to the high demand for SaaS companies and commercial spaces. Navi Mumbai is home to some of India’s most prominent construction companies. Moreover, since Navi Mumbai is a planned living area that was initially designed to be a residential space, business for construction companies since then has only been growing.
See also: Top 10 manufacturing companies in Navi Mumbai
Business landscape in Navi Mumbai
Navi Mumbai is a perfectly planned city, as the sole purpose the township was created was to make a separate space for residential and commercial projects. This meant a lot of business would be given to construction companies in Navi Mumbai and potential opportunities for newly emerging industries. Apart from a massive development in the transport industry, Navi Mumbai offers construction companies, builders, and architects plenty of opportunities to make do with an abundance of space.
Read also: Top electronics companies in Mumbai
Top construction companies in Navi Mumbai
Larsen and Toubro
Industry– Construction and engineering
Company type– Public
Location- Navi Mumbai, Maharashtra
Established in– 1938
Larsen and Toubro is one of the world’s leading construction companies. It boasts of undertaking major projects in Mumbai and other residential projects in Navi Mumbai as well.
Larsen and Toubro offers excellent price to labour ratio along with excellent quality service to clients. The company is responsible for many of the city’s residential projects and undertakings. The company also specialises in technology, engineering and infrastructure.
Yashraj Infrastructure
Industry– Civil engineering and construction
Company type– Private Limited
Location– Vashi, Navi Mumbai
Established in– 2018
With more than 15 years of experience, Yashraj Infrastructure is a forerunner in the construction industry in both urban and rural parts of Mumbai, especially Navi Mumbai.
The company has been in the construction business since 2008 and has extensively contributed majorly to road infrastructure, city buildings, etc.
Pinnacle Infraheights
Industry– infrastructure
Company type– Private Limited.
Location– 271, Jawahar Industrial estate, Navi Mumbai- 410206
Established in– 1991
Pinnacle Infrastructure is a renowned name in the housing space. The company is well known for its housing projects in and out of Navi Mumbai and is quite popular for the services it offers. The company specialises in housing, foundation building, consultation, interior work, waterproofing, etc in Navi Mumbai.
Paradise Group
Industry– Infrastructure and Housing
Company type– Private Limited
Location– Railway station, sector 17, Panvel, Navi Mumbai
Established in– 1990
Paradise Group is a well known builder group that specialises in residential projects like apartments, duplexes, luxury flats, penthouses, and even bespoke projects. The company is famous for offering world class amenities and features at an affordable price range for buyers. The group has more than 30 years of experience in the construction industry and is often regarded as one of the leading construction companies in Navi Mumbai.
Shapoorji Pallonji Group
Industry– Construction and Infrastructure
Company type– Public
Location– Mumbai, Maharashtra
Established in– 1922
The Shapoorji Pallonji Group is a well-established construction company based in Navi Mumbai. The group consists of different sectors focusing on industrial work, construction, architecture, engineering etc to build luxury living spaces at a competitive cost. The company also provides services like interior designing and bespoke housing. The company is famous for its skyscrapers and luxurious apartments
Gammon India
Industry– construction and civil engineering
Company type– Private Limited
Location- Shabaz Village, sector 19, Belapur, Navi Mumbai
Established in– 1922
Gammon India is a construction and engineering company that specialises in all sorts of projects from private living to civil projects. The company is known for its civil engineering projects that focus on the infrastructure of dams, highways, railways, etc. The company also does consultation, transportation projects, infrastructure, etc, and has played a big role in shaping Navi Mumbai’s infrastructure.
Hiranandani Developers
Industry– Construction and SEZ
Company type– Private Limited
Location– Hiranandani Gardens, Powai, Navi Mumbai
Established in– 1978
Hiranandani Developers is one of the biggest names in the construction and engineering sector in Mumbai. The company is famous for building full-fledged integrated townships and large-scale living societies with top-of-the-line amenities. They are popular for fusing traditional and modern architecture that focuses on innovation and sustainability.
Sobha
Industry– Construction and Infrastructure
Company type– Limited
Location– Milan Bridge, Navpala, Ville Parle, Mumbai
Established in– 1995
Sobha is a prominent real estate conglomerate that specialises in urban living, residential projects, and housing societies that offer world-class amenities. The company focuses on customer satisfaction and puts forth its customers’ demands on top.
Tejas Builders and developers
Industry- Infrastructure and Construction
Company type– Private Limited
Location– 19, palm beach road, Sanpada, Navi Mumbai
Established in– 2009
Tejas Builders and Developers is a renowned company that provides affordable housing and residential products that are accompanied by a multitude of next-level amenities. The company focuses on creating affordable living spaces and popularising them instead of ultra-expensive and ultra-luxurious residencies in Navi Mumbai.
Giriraj Developers
Industry– Infrastructure and Construction
Company type– Private Limited
Location– Kopar Khairane, Navi Mumbai
Established in– 2004
Giriraj Developers is the largest housing company situated in Navi Mumbai. The company is responsible for the most constructed living residences in Navi Mumbai. It is often regarded as one of the most trustworthy companies as it offers an excellent price-to-quality ratio for its properties.
Tata Consulting Engineers
Industry– Engineering and Construction
Company type– Private
Location– Airoli, Navi Mumbai
Established in– 1957
Tata Consulting Engineers Limited (TCE) is an integrated engineering consultant providing concepts to commissioning services in power, infrastructure, mining & metallurgy and hydrocarbons and chemicals. The Company has multi-disciplinary engineering talent with capabilities to manage complex projects worldwide. TCE is among the few companies geared for the Industry 4.0 era, providing engineering solutions for the Industrial Internet of Things (IIoT).
Ashoka Buildcon
Industry– Real Estate and Construction
Company type– Private Limited
Location– Ulwe, Navi Mumbai
Established in– 1976
Ashoka Buildcon Limited is a Fortune India 500 company and one of the leading highway developers in India. The company is an integrated EPC, BOT and HAM player. It is listed on the National Stock Exchange and Bombay Stock Exchange.
RR Constructions (RRC)
Industry– Real Estate and Construction
Company type– Private Limited
Location– CBD Belapur, Navi Mumbai
Established in– 1990
RRC can go for a consortium approach to take up much bigger Projects than those handled so far. It can work with a panel of specialists and partner companies to provide the best services to its clients. RRC is registered with leading consultants and clients in the fields of Industrial Projects, Pharma, Bulk Drugs, Engineering, Textile, Chemical with plot development, Roads etc. Residential Colonies, Institutional Establishments, Commercial complexes, Infrastructure projects, etc. Quality and safety are the Hallmarks of RRC. RRC has the relevant registration for various statutory requirements.
Hitech Infraprojects (I)
Industry– Real Estate and Construction
Company type– Private Limited
Location– CBD Belapur, Navi Mumbai
Established in– 1995
Hi-Tech Infra Projects are a distinguished business organisation involved in offering construction services for malls and residential & commercial complexes. They are engaged in offering Commercial Construction Services, Residential Apartments Construction Services, Residential Flats Construction Services etc. Backed by a team of proficient experts, they have successfully executed many commercial and residential projects in Navi Mumbai.
Commercial and real estate demand in Navi Mumbai
Commercial Estate- The commercial estate has seen a lot of business in the past decade. All this is due to the emergence of the IT sector, SEZ companies, and business hubs in Navi Mumbai. Moreover, well-laid-out planning for Business districts and residential areas has also helped provide a better commercial estate.
Real Estate- Navi Mumbai has experienced massive growth in real estate development in the past decade. This is due to infrastructure planning, forethought for services that increase the quality of life, and its proximity to Mumbai. Navi Mumbai offers housing spaces, from small-scale tenements to large-scale bungalows and penthouses. The city consists of all sorts of living spaces throughout the housing spectrum and offers many options for people.
Impact of construction companies in Navi Mumbai
The undertaking of vital infrastructure projects in the civil and housing space has made Navi Mumbai one of the prime locations to settle down in India. The city offers a wide array of options across all price ranges. This is due mainly to the forethought and planning of the city’s development decades ago, which was primarily due to the insatiable demand of housing in Mumbai. The emergence of construction companies has contributed to the development of Navi Mumbai, the transportation sector in Maharashtra, the food sector, and much more.
FAQs
What is a large-scale project that Larsen and Toubro recently worked on?
Larsen and Toubro recently worked on constructing the Statue of Unity, the world's tallest statue.
When was Pinnacle Infraheights established?
Pinnacle Infraheights was established in 1991.
How many years of experience does Paradise Group have?
Paradise Group has more than 30 years of experience in the construction sector.
How many construction companies are there in Navi Mumbai?
There are more than 35 established construction companies in Navi Mumbai.
Who is the CEO of Larsen and Toubro?
S.N. Subrahmanyam has been the CEO of Larsen and Toubro since 2017.
Which company has the most housing projects in Navi Mumbai?
Giriraj Developers has the most number of housing projects in Navi Mumbai.
When was Giriraj Developers established?
Giriraj Developers was established in 2004.
What is the population of Navi Mumbai?
The population of Navi Mumbai is about 1.83 crore people.
When was Navi Mumbai created?
Navi Mumbai was formed in 1991.
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