The construction industry in Surat plays a pivotal role in shaping the city’s real estate landscape. With a surge in infrastructure development and urbanisation, construction companies in Surat are actively engaged in building residential complexes, commercial spaces, and infrastructure projects. This growth not only transforms Surat’s skyline but also influences property values and availability, making it an integral part of the city’s real estate market.
See also: Top exporters in Surat
Business landscape in Surat
Surat boasts a thriving business landscape driven by its dominant textile and diamond industries. Known as the Diamond City and Silk City, Surat is a major hub for diamond cutting and polishing, as well as textile manufacturing and trading. These industries have not only boosted the local economy but have also created job opportunities for many. Additionally, Surat is making strides in various sectors like real estate, education, and information technology, making it an attractive destination for businesses and entrepreneurs looking to establish themselves in a city with a growing economy.
Read also: Top software companies in Surat
Top construction companies in Surat
Larsen & Toubro
Industry: Construction, Infrastructure, Coworking, Engineering
Sub-Industry: Infrastructure, Construction Engineering, Machineries, Instruments, Designing & Services
Company Type: India’s Top 500
Location: Bhata, Surat, Gujarat 394510
Founded in: 1938
Larsen & Toubro (L&T) is a renowned Indian multinational construction and engineering company. It was founded in 1938 by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro. The company is involved in various sectors, including engineering, construction, manufacturing, technology, and financial services, and it has played a pivotal role in shaping India’s infrastructure landscape.
Shapoorji Pallonji
Industry: Construction, Infrastructure, Coworking
Sub-Industry: Housing, Commercial
Company Type: India’s 501-1000
Location: Turning Point, Surat, Gujarat 395001
Founded in: 1865
Shapoorji Pallonji is a renowned Indian construction and real estate conglomerate with a rich history. It was established in the year 1865 by Shapoorji Pallonji Mistry in Mumbai, India. Over the decades, Shapoorji Pallonji has emerged as one of India’s leading construction companies, known for its expertise in building infrastructure for residential, commercial, and industrial projects. The company has also expanded its presence globally, undertaking significant construction and engineering projects in various countries.
Tata Housing
Industry: Construction, Infrastructure, Coworking
Sub-Industry: Housing, Commercial Estate Services
Company Type: Industry Top
Location: City Light Road Surat, Gujarat – 395007
Founded in: 1984
Tata Housing was founded in the year 1984 and is a subsidiary of Tata Sons Limited, one of India’s largest and most respected business conglomerates. Tata Housing is known for its focus on creating sustainable and high-quality residential and commercial developments. The company has a presence in various cities across India.
DLF
Industry: Construction, Infrastructure, Coworking
Sub Industry: Housing, Commercial Real Estate Services
Company Type: India’s Top 500
Location: Ring Road, Surat – 395002
Founded in: 1946
DLF is one of India’s largest real estate development companies. It was founded in 1946 by Chaudhary Raghvendra Singh in New Delhi, India. Over the years, DLF has become a prominent player in the Indian real estate market, known for its residential, commercial, and retail projects. The company has been instrumental in shaping the modern skyline of cities like Delhi, Surat, Gurugram, and Chandigarh.
Rajgreen Group
Industry: Construction, Infrastructure, Coworking
Sub Industry: Infrastructure
Company Type: SMEs
Location: Pal, Surat, Gujarat – 395009
Founded in: 2011
Rajgreen Group is a rapidly expanding conglomerate formed through a partnership between Rajhans and Green Group. Both these companies were established players with over two decades of experience in construction. Based in Surat, while initially rooted in real estate, Rajgreen Group has swiftly diversified into the construction, entertainment, and hospitality sectors.
Siddhi Constructions
Industry: Construction, Infrastructure, Coworking
Sub Industry: Housing, Commercial
Company Type: SMEs
Location: Nanpura, Surat, Gujarat 395001
Founded in: 1987
Siddhi Constructions, founded in 1987, is a well-established player in the construction and project management sectors. With a strong emphasis on safety and quality, Siddhi Constructions has earned a reputation for delivering better and smarter facilities. Apart from construction, they are involved in diverse activities such as land development, real estate, wind energy business, and agriculture.
Raghuvir Constructions
Industry: Construction, Infrastructure, Coworking
Sub-Industry: Housing, Commercial
Company Type: SMEs
Location: City Light Road Surat, Gujarat – 395007
Founded in: 1986
Raghuvir Developers, a well-known construction company with two decades of experience, specialises in residential and commercial buildings, offices, real estate development, shops, and apartments. Raghuvir Developers prioritise quality, timely completion, and customer satisfaction in building homes and other real estate projects.
Nishal Group
Industry: Construction, Infrastructure, Coworking
Sub-Industry: Housing, Commercial
Company Type: SMEs
Location: Adajan Gam, Surat, Gujarat – 394510
Founded in: 1989
Nishal Group, a real estate development and construction company with 30 years of experience, specialises in commercial complexes and residential apartments. It has constructed over thirty commercial towers and residential apartments and is known for its distinctive designs that offer a luxurious lifestyle. Nishal Group provides a wide range of residential and commercial services, including real estate development, township projects, multiplexes, apartments, and shopping towers.
Gruham Developers
Industry: Construction, Infrastructure, Coworking
Sub Industry: Housing, Commercial
Company Type: SMEs
Location: Katargam, Surat, Gujarat – 395004
Founded in: 2011
Gruham Developers, established in 2011, has swiftly evolved into a prominent player in the construction industry. Over the past few years, it has excelled in both residential and commercial projects. Its primary goal is to deliver innovative, high-quality, and tailored solutions. Gruham Developers has served over 5172 clients and specialises in residential, commercial, and weekend projects.
Unique Construction
Industry: Construction, Infrastructure, Coworking
Sub Industry: Housing, Commercial
Company Type: SMEs
Location: Bhatar Char Rasta, Surat, Gujarat 395017
Founded in: 2011
Unique Construction, established in 2001, is an engineering, design, and construction firm specialising in various civil engineering disciplines. Unique Construction has successfully executed projects in areas such as road construction, bridges, water supply, irrigation, drainage, residential, commercial, and Smart City development.
Commercial real estate demand in Surat
Office spaces: The city’s expanding business landscape has led to a surge in office space construction, catering to various industries.
Rental properties: Rental properties, including shops and showrooms, are in high demand due to Surat’s vibrant retail sector.
This boom in commercial real estate has positively impacted property values and the overall economic growth of the city. Surat’s strategic location and business-friendly environment make it a hotspot for commercial real estate development.
Impact of construction companies in Surat
The impact of construction companies in Surat is substantial. They play a vital role in the city’s growth by building infrastructure, including residential complexes, commercial spaces, and industrial facilities. This construction boom has created job opportunities, stimulated the local economy, and boosted the real estate market. Surat’s skyline is evolving, and improved infrastructure is attracting more businesses and residents. As a result, the city’s overall development and property values are on the rise, making it an attractive destination for investors and homebuyers.
FAQs
What do construction companies do?
Construction companies are responsible for executing building projects, which encompass various activities such as designing, planning, and physically constructing structures like buildings, bridges, roads, and infrastructure.
What are the main industries in Surat?
The main industries in Surat include textiles, diamond processing and trading, petrochemicals, engineering, and construction. Surat is renowned for its thriving textile and diamond sectors, contributing significantly to its economic growth and reputation as a business hub.
What are the key industrial areas in Surat where Construction units are located?
Some key industrial areas in Surat where construction units are located include Sachin GIDC (Gujarat Industrial Development Corporation), Pandesara GIDC, Ichhapore GIDC, Kadodara GIDC, and Palsana GIDC. These areas house various construction companies and related businesses, contributing to the city's industrial development.
Who are the best construction companies in Surat?
Some of the prominent construction companies in Surat are: L&T Tata Housing Shapoorji Pallonji DLF Rajgreen Group
Is Surat a good place to invest in real estate?
Yes, Surat has experienced significant growth in recent years, driven by factors like industrial development, economic progress, and infrastructure improvements. Surat offers a variety of real estate options, from residential to commercial properties, making it an attractive choice for investors.
Why Gujarat has so many industries?
The government's emphasis on emerging sectors and cluster development, along with consistent year-round power supply, has solidified Gujarat's position in various industries.
What is the rank of Gujarat's economy in India?
Gujarat is the third wealthiest state in India due to its strong industrial foundation.
How much does the construction sector contribute to GDP?
The manufacturing sector now contributes 18% to the total GDP output.
What is the GSDP of Gujarat?
In the coming year, Gujarat's total economic output, called Gross State Domestic Product (GSDP), is expected to be around Rs 25.6 lakh crore. This is a significant increase of 13% compared to the previous year's estimate, which was Rs 22.6 lakh crore.
Which is the largest industry in Gujarat?
Gujarat holds the top position in India's pharmaceutical sector, contributing to 33% of drug manufacturing and 28% of drug exports.
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