Industry analysis

Residential, Commercial Projects

Read from what its listed companies are showing. Valuations are compared within this industry.

Mixed

174 listed companies · ₹ 7,70,044 Cr. total market value

●48% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 2.9%. 37% made a loss.
●3 credit rating upgrades and 2 downgrades in the last 90 days.
–54 good and 8 bad company announcements, including 2 big orders won (read since 6 Oct 2026; not counted until there is a month of them).
▼The typical share is down 10% in 3 months; 22% of shares trade above their 200-day average (their usual level).
–Typical P/E 23.3, close to these companies' usual level.
–Raised ₹ 557 Cr. by issuing shares (3 issues) in 90 days; 4 more fund raises on the way.

▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.

In charts

Share prices over the last year

The typical Residential, Commercial Projects share against the typical share on the market, both starting at 100. Now 78 vs 83.

Is growth speeding up or slowing down?

The typical company's sales and profit growth against the same quarter a year earlier.

Price against growth

Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.

Cheaper than peers

Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.

Cheaper than peers

Suraj Estate Developers SURAJEST	8.9 vs 23.362% cheaper	+9.8% / +9.5%	₹ 827.48 Cr.
Nila Spaces NILASPACES	12.5 vs 23.346% cheaper	+14.3% / +47.3%	₹ 394.8 Cr.
Ajmera Realty & Infra India AJMERA	15.8 vs 23.332% cheaper	+22.9% / +15.4%	₹ 2,432.62 Cr.

Cheaper than peers across the whole market

Leaders and laggards

Good news

Embassy DevelopmentsPromoters buying
Aditya Birla Real EstateStrong results
PuravankaraStrong results
Raymond RealtyStrong results
OmaxeStrong results

Warning signs

KalpataruAction by a regulator
Dharan Infra-EPCInsolvency case
VASCON ENGINEERSCredit rating cut
Emami RealtySenior exit

Best shares, 3 months

Worst shares, 3 months

Companies

The 150 largest of 174, by market value. Click a column to sort.

Residential, Commercial Projects companies
							Signs (90 days)
DLF DLF	Residential, Commercial Projects	₹ 1,61,773.99 Cr.	−23.3%	+10.3%	35.4	+0.1%
DHANUKA INFRA REALTY LTD DIRL	Residential, Commercial Projects	₹ 1,34,517.77 Cr.	+275.8%	−31.5%	8.5	—
Lodha Developers LODHA	Residential, Commercial Projects	₹ 96,235.97 Cr.	+43.1%	+103.4%	23.3	−23.2%
Prestige Estates Projects PRESTIGE	Residential, Commercial Projects	₹ 60,130.41 Cr.	+16%	−13.1%	52.7	−15%	Strong results
Oberoi Realty OBEROIRLTY	Residential, Commercial Projects	₹ 57,845.82 Cr.	−6.1%	+0.3%	22.1	−11.8%	Strong results
Godrej Properties GODREJPROP	Residential, Commercial Projects	₹ 45,120.71 Cr.	+161.5%	−64%	33	−26.5%	Strong results
Brigade Enterprises BRIGADE	Residential, Commercial Projects	₹ 17,944.7 Cr.	−12.9%	+37.3%	26.2	−2.2%	Strong results
Anant Raj ANANTRAJ	Residential, Commercial Projects	₹ 16,658.7 Cr.	+6.6%	+18.3%	28.6	−23.5%	Strong results
Sobha SOBHA	Residential, Commercial Projects	₹ 12,485.93 Cr.	−31.3%	−54.8%	65.7	−14.3%	Strong results
Horizon Industrial Parks Ltd HORIZONIND	Residential, Commercial Projects	₹ 12,179.7 Cr.	—	Loss	187.6	—
Aditya Birla Real Estate ABREL	Residential, Commercial Projects	₹ 11,653.77 Cr.	+29.5%	Loss	167.3	−22.9%	Strong results
Sri Lotus Developers and Realty LOTUSDEV	Residential, Commercial Projects	₹ 10,959.63 Cr.	+52.8%	+93.5%	37.6	+29.5%	Very good news
Signatureglobal (India) SIGNATURE	Residential, Commercial Projects	₹ 9,840.31 Cr.	−36.3%	Loss	282.7	−13.9%
Max Estates MAXESTATES	Residential, Commercial Projects	₹ 7,887.3 Cr.	+0.9%	−30.1%	1,312.5	+31.5%	Strong results
Mahindra Lifespace Developers MAHLIFE	Residential, Commercial Projects	₹ 7,202.19 Cr.	+77.8%	−66.7%	25.6	−18.6%	Strong results
Embassy Developments EMBDL	Residential, Commercial Projects	₹ 6,745.97 Cr.	−68.1%	Loss	58.8	−21.6%	Promoters buying
Sikozy Realtors 524642	Residential, Commercial Projects	₹ 5,836.47 Cr.	—	—	30.3	—
Ganesh Housing GANESHHOU	Residential, Commercial Projects	₹ 5,535.1 Cr.	+85.4%	−54.8%	20.9	−14.9%
Kalpataru KALPATARU	Residential, Commercial Projects	₹ 5,043.23 Cr.	+6.5%	Loss	41.1	−15.2%	Action by a regulator
Puravankara PURVA	Residential, Commercial Projects	₹ 4,422.44 Cr.	+62%	—	27.3	−12.3%	Strong results
Keystone Realtors RUSTOMJEE	Residential, Commercial Projects	₹ 4,273.59 Cr.	+72.2%	+225%	36.2	−16.3%	Strong results
Valor Estate DBREALTY	Residential, Commercial Projects	₹ 4,224.72 Cr.	−86.8%	Loss	114.5	−27.9%
Man Infraconstruction MANINFRA	Residential, Commercial Projects	₹ 4,117.4 Cr.	+19.1%	+8.6%	19.1	+10.7%	Share buyback
Kolte-Patil Developers KOLTEPATIL	Residential, Commercial Projects	₹ 4,080.7 Cr.	+1,022%	—	32.7	+17.9%	Strong results
Sunteck Realty SUNTECK	Residential, Commercial Projects	₹ 4,041.85 Cr.	+2.1%	+27.3%	18.6	−10.7%	Strong results
Raymond Realty RAYMONDREL	Residential, Commercial Projects	₹ 3,927.85 Cr.	+38.7%	−18.7%	12.9	−8.8%	Strong results
Ashiana Housing ASHIANA	Residential, Commercial Projects	₹ 3,526.51 Cr.	−63.5%	0%	29.5	−10.3%
Tarc TARC	Residential, Commercial Projects	₹ 3,242.78 Cr.	+185.5%	−57.4%	202.5	−15.9%
Kesar India 543542	Residential, Commercial Projects	₹ 3,079.05 Cr.	+1,040%	—	70.6	−11.4%
Elpro International ELPROINTL	Residential, Commercial Projects	₹ 2,830.3 Cr.	+39%	+56.8%	21.8	−5.9%
AGI Infra AGIIL	Residential, Commercial Projects	₹ 2,674.12 Cr.	+4.3%	+40%	26.2	−23.8%
Arvind Smartspaces ARVSMART	Residential, Commercial Projects	₹ 2,575.82 Cr.	+211.8%	+708.3%	14.1	−2.8%
Marathon Nextgen Realty MARATHON	Residential, Commercial Projects	₹ 2,537.54 Cr.	+10.3%	−32.8%	14.5	−8.6%
Ajmera Realty & Infra India AJMERA	Residential, Commercial Projects	₹ 2,432.62 Cr.	+22.9%	+15.4%	15.8	−0.4%	Strong results
Alembic ALEMBICLTD	Residential, Commercial Projects	₹ 2,221.39 Cr.	−2%	+4.8%	7	−2.7%
Hubtown HUBTOWN	Residential, Commercial Projects	₹ 1,990.55 Cr.	−16.6%	−67.1%	21.2	−22.2%
Arkade Developers ARKADE	Residential, Commercial Projects	₹ 1,941.83 Cr.	−7.5%	−34.5%	10.9	−23.5%
Omaxe OMAXE	Residential, Commercial Projects	₹ 1,795.29 Cr.	+43.9%	—	24.8	+21%	Strong results
Meghna Infracon Infrastructure MIIL	Residential, Commercial Projects	₹ 1,433.9 Cr.	−19.5%	−62.7%	317.7	—
Shriram Properties SHRIRAMPPS	Residential, Commercial Projects	₹ 1,077.3 Cr.	−7.4%	−47.6%	11.7	−25.8%
PVP Ventures PVP	Residential, Commercial Projects	₹ 1,031.2 Cr.	+170.6%	—	68.1	+60.5%	Expansion or acquisition
Pranav Constructions PRANAV	Residential, Commercial Projects	₹ 973.4 Cr.	—	—	13.6	—
B-Right RealEstate 543543	Residential, Commercial Projects	₹ 943.14 Cr.	+413.6%	+1,000%	27.3	+5.4%
Unitech UNITECH	Residential, Commercial Projects	₹ 934.13 Cr.	+1%	Loss	2.4	−13.3%
Arihant Superstructures ARIHANTSUP	Residential, Commercial Projects	₹ 901.76 Cr.	+8.8%	−38.5%	22.6	−21.9%	Debt repaid
Arihant Foundations & Housing ARIHANT	Residential, Commercial Projects	₹ 892.6 Cr.	+61.4%	+50%	13	−26.8%
Suraj Estate Developers SURAJEST	Residential, Commercial Projects	₹ 827.48 Cr.	+9.8%	+9.5%	8.9	−9.9%
Prozone Realty PROZONER	Residential, Commercial Projects	₹ 772.32 Cr.	+105.7%	−65.6%	214	+19.5%
GeeCee Ventures GEECEE	Residential, Commercial Projects	₹ 735.68 Cr.	+384%	+151.8%	16.1	+11%
Modi's Navnirman MODIS	Residential, Commercial Projects	₹ 734.43 Cr.	+81.6%	+100%	23.7	−3.1%	Strong results
Eldeco Housing & Industries Ltd ELDEHSG	Residential, Commercial Projects	₹ 718 Cr.	+69%	+400%	19.8	+0.8%
Shantidoot Infra Services Limited 543598	Residential, Commercial Projects	₹ 688.67 Cr.	+220.5%	+6.6%	20	—
VASCON ENGINEERS VASCONEQ	Residential, Commercial Projects	₹ 674.29 Cr.	−31.3%	−91.1%	23.8	−8.4%	Big order wonCredit rating cut
Shraddha Prime Projects SHRADDHA	Residential, Commercial Projects	₹ 632.24 Cr.	+227.3%	+111.1%	11.3	—
Veegaland Developers VEEGALAND	Residential, Commercial Projects	₹ 619.3 Cr.	—	—	23.2	—	Strong results
Consolidated Construction Consortium CCCL	Residential, Commercial Projects	₹ 518.49 Cr.	+134.4%	Loss	5.5	−28.9%
Pansari Developers PANSARI	Residential, Commercial Projects	₹ 433.99 Cr.	−17.4%	−3.9%	22	−23.1%
Nila Spaces NILASPACES	Residential, Commercial Projects	₹ 394.8 Cr.	+14.3%	+47.3%	12.5	−9.1%
Suratwwala Business Group SBGLP	Residential, Commercial Projects	₹ 360.8 Cr.	+164.1%	+75.2%	8.6	−12.7%
Nimbus Projects NIMBSPROJ	Residential, Commercial Projects	₹ 354.73 Cr.	−20.5%	—	10.2	−4.5%
RDB Real Estate Constructions RRECL	Residential, Commercial Projects	₹ 352.53 Cr.	+95%	Loss	291.6	—
Emami Realty EMAMIREAL	Residential, Commercial Projects	₹ 349.15 Cr.	0%	Loss	18.9	−11.6%	Senior exit
RDB Infrastructure and Power 533285	Residential, Commercial Projects	₹ 307.94 Cr.	−57.9%	+63.2%	22.8	−15.7%
Baroda Rayon Corporation 500270	Residential, Commercial Projects	₹ 279.52 Cr.	−18.2%	+157.1%	14.2	−0.9%
Coromandel Engineering Company 533167	Residential, Commercial Projects	₹ 275.37 Cr.	+78.8%	—	225.6	+44.4%
Nila Infrastructures NILAINFRA	Residential, Commercial Projects	₹ 237.95 Cr.	−19.9%	+25.8%	9.5	−16.2%
Ratnabhumi Developers 540796	Residential, Commercial Projects	₹ 232.9 Cr.	−52.3%	−96.5%	189.3	−7.3%
Veer Global Infraconstruction 543241	Residential, Commercial Projects	₹ 230.09 Cr.	+88.2%	−58.8%	1,211	+0.9%
Ravinder Heights RVHL	Residential, Commercial Projects	₹ 228.07 Cr.	−92.3%	Loss	4.7	−16.4%
Lancor Holdings LANCORHOL	Residential, Commercial Projects	₹ 207.03 Cr.	+9.8%	—	3.6	+11.5%
National Standard (India) NATIONSTD	Residential, Commercial Projects	₹ 204.91 Cr.	—	+156.6%	19.9	−63%
Hampton Sky Realty HAMPTON	Residential, Commercial Projects	₹ 198.8 Cr.	−108%	Loss	108.5	—
Mason Infratech MASON	Residential, Commercial Projects	₹ 198.7 Cr.	+14.5%	+40%	9.3	−29.5%
Sumit Woods SUMIT	Residential, Commercial Projects	₹ 197.66 Cr.	+6.9%	+17.8%	29.6	−15.7%
Shradha Realty SHRADHA	Residential, Commercial Projects	₹ 197.55 Cr.	−9.5%	−19.3%	7.2	−22.8%
HB Estate Developers HBESD	Residential, Commercial Projects	₹ 172.2 Cr.	+16.8%	+305.3%	13.4	−1.7%
Alpine Housing Development Corporation Ltd 526519	Residential, Commercial Projects	₹ 169.75 Cr.	−3.2%	+261.1%	22.7	−33.1%
Atal Realtech ATALREAL	Residential, Commercial Projects	₹ 153.63 Cr.	+3.5%	+51.5%	22.4	−60.6%
AMJ Land Holdings AMJLAND	Residential, Commercial Projects	₹ 149.08 Cr.	+0.2%	−6.4%	10.2	−9.3%
Rainbow Foundations 531694	Residential, Commercial Projects	₹ 147.47 Cr.	+68.8%	+177.8%	20.3	−18%
Mega Nirman and Industries Ltd 539767	Residential, Commercial Projects	₹ 135.45 Cr.	+269.2%	—	239.4	+50.2%
Thakkers Developers THAKDEV	Residential, Commercial Projects	₹ 129.62 Cr.	+100%	+900%	8.8	−8.7%
Raja Bahadur International 503127	Residential, Commercial Projects	₹ 126.38 Cr.	+8.6%	Loss	100.5	—
Vipul VIPULLTD	Residential, Commercial Projects	₹ 121.65 Cr.	+356.8%	Loss	0.8	−22.6%
Parsvnath Developers PARSVNATH	Residential, Commercial Projects	₹ 119.68 Cr.	+5.2%	Loss	3	+44.1%
Prajay Engineers Syndicate PRAENG	Residential, Commercial Projects	₹ 107.08 Cr.	−67%	Loss	58.5	−18.4%
Virya Resources 512479	Residential, Commercial Projects	₹ 104.75 Cr.	—	Loss	1,350	—
Supreme Holdings & Hospitality (India) Ltd SUPREME	Residential, Commercial Projects	₹ 101.78 Cr.	+1,287.5%	+660%	142	−39.3%
Grovy India 539522	Residential, Commercial Projects	₹ 101.53 Cr.	+233.3%	+72.7%	27.4	+17.8%
Dharan Infra-EPC DHARAN	Residential, Commercial Projects	₹ 99.11 Cr.	−43.5%	Loss	9.7	−13.3%	Insolvency case
Art Nirman ARTNIRMAN	Residential, Commercial Projects	₹ 98.58 Cr.	+40.7%	Loss	248.3	−1.4%
Shri Krishna Devcon SHRIKRISH	Residential, Commercial Projects	₹ 91.84 Cr.	−20.7%	−35.2%	21.8	−24.9%
V R Infraspace VR	Residential, Commercial Projects	₹ 84.98 Cr.	+374.2%	+165.2%	21.7	−20.7%
Shervani Industrial Syndicate SHERVANI	Residential, Commercial Projects	₹ 81.05 Cr.	−48%	+291.2%	40.4	—
Prerna Infrabuild 531802	Residential, Commercial Projects	₹ 78.45 Cr.	—	—	22	−15.9%
Victoria Mills 503349	Residential, Commercial Projects	₹ 73.79 Cr.	+20%	+63.3%	15.1	+51.6%
Cinevista CINEVISTA	Residential, Commercial Projects	₹ 71.34 Cr.	+61.8%	+1%	11.7	−13.3%
Shristi Infrastructure Development Corporation Ltd 511411	Residential, Commercial Projects	₹ 66.6 Cr.	−61.9%	Loss	165.9	+5.6%
Krishna Ventures 504392	Residential, Commercial Projects	₹ 62.58 Cr.	—	Loss	195.6	+31.6%
Radhe Developers India Ltd 531273	Residential, Commercial Projects	₹ 60.7 Cr.	−100%	Loss	27.5	−6%
Vivid Mercantile 542046	Residential, Commercial Projects	₹ 60.55 Cr.	+23.1%	−57.9%	6	−3.7%
Ansal Buildwell ANSALBU	Residential, Commercial Projects	₹ 59.43 Cr.	+77.6%	+292.2%	13.1	—
Garnet Construction 526727	Residential, Commercial Projects	₹ 59.31 Cr.	−100.3%	Loss	3.1	−34.3%
Harig Crankshafts 500178	Residential, Commercial Projects	₹ 56.93 Cr.	—	Loss	4.5	+341.9%
Jamshri Realty 502901	Residential, Commercial Projects	₹ 50.37 Cr.	−8.2%	+100%	116.7	−3%
Modipon 503776	Residential, Commercial Projects	₹ 50.36 Cr.	—	Loss	50	+24.6%
Trescon 532159	Residential, Commercial Projects	₹ 49.77 Cr.	+290%	—	72.1	−3.9%
Country Condo's COUNCODOS	Residential, Commercial Projects	₹ 47.73 Cr.	+15.8%	+14.3%	77	−1%
Samor Reality 543376	Residential, Commercial Projects	₹ 46.8 Cr.	—	Loss	2,127.5	−1.6%
Simplex Realty SIMPLXREA	Residential, Commercial Projects	₹ 44.18 Cr.	−91.6%	Loss	39.2	—
Rodium Realty 531822	Residential, Commercial Projects	₹ 43.85 Cr.	+0.3%	Loss	7.3	−12.3%
Prime Property Development Corporation Ltd 530695	Residential, Commercial Projects	₹ 43.07 Cr.	—	Loss	2.1	−5.8%
Sanathnagar Enterprises 509423	Residential, Commercial Projects	₹ 41.97 Cr.	—	Loss	141.7	−3.1%
Skyline Millars 505650	Residential, Commercial Projects	₹ 37.97 Cr.	−100%	Loss	50.1	−41.6%
Sam Industries 532005	Residential, Commercial Projects	₹ 37.93 Cr.	+63.4%	−71.6%	10.2	−17%
Golden Tobacco GOLDENTOBC	Residential, Commercial Projects	₹ 36.98 Cr.	−18.3%	Loss	7	−11.5%
Bhudevi Infra Projects 526488	Residential, Commercial Projects	₹ 32.33 Cr.	—	Loss	80.8	−54.1%
Tatia Global Vennture 521228	Residential, Commercial Projects	₹ 31.54 Cr.	−32.3%	+15.8%	5.4	−7.4%
Ansal Housing 507828	Residential, Commercial Projects	₹ 30.01 Cr.	−44.3%	Loss	25.2	−24.4%
Citadel Realty and Developers 502445	Residential, Commercial Projects	₹ 27 Cr.	+9.1%	+17.5%	16.9	−16.6%
Parshwanath Corporation Ltd 511176	Residential, Commercial Projects	₹ 26.76 Cr.	+12.5%	Loss	94	+12.4%
Tirupati Sarjan 531814	Residential, Commercial Projects	₹ 25.57 Cr.	+6.7%	+28.3%	7.4	−9.2%
Kretto Syscon 531328	Residential, Commercial Projects	₹ 25.06 Cr.	−100%	−95.2%	1,388.6	−18.4%
IITL Projects 531968	Residential, Commercial Projects	₹ 24.21 Cr.	—	Loss	484.1	+1%
Narendra Properties 531416	Residential, Commercial Projects	₹ 24.16 Cr.	−100%	+14.3%	11.6	−12.8%
Kamanwala Housing Construction KAMANWALA	Residential, Commercial Projects	₹ 23.96 Cr.	—	+700%	0.6	—
Neo Infracon 514332	Residential, Commercial Projects	₹ 23.25 Cr.	−70.7%	Loss	44.4	−2.3%
Premier Energy and Infrastructure 533100	Residential, Commercial Projects	₹ 22 Cr.	—	Loss	26.1	−23.1%
Ramsons Projects 530925	Residential, Commercial Projects	₹ 21.54 Cr.	−100%	−82.4%	7.9	−20.8%
Martin Burn 523566	Residential, Commercial Projects	₹ 20.9 Cr.	—	+183.5%	6	+11.1%
MPDLLtd MPDL	Residential, Commercial Projects	₹ 20.75 Cr.	+30.6%	Loss	2	—
Prime Urban Development India 521149	Residential, Commercial Projects	₹ 20.11 Cr.	—	Loss	9.9	+1%
Gallops Enterprise 531902	Residential, Commercial Projects	₹ 19.14 Cr.	—	−100%	950.2	+0.1%
Steel Strips Infrastructures STLSTRINF	Residential, Commercial Projects	₹ 18.54 Cr.	—	−30.3%	1.1	—
SSPDL 530821	Residential, Commercial Projects	₹ 17.93 Cr.	—	Loss	2.2	−15.2%
Max heights Infrastucture Ltd 534338	Residential, Commercial Projects	₹ 15.6 Cr.	−92.8%	Loss	45.9	−16.2%
Raghunath Tobacco Company Ltd 531552	Residential, Commercial Projects	₹ 14.99 Cr.	−100%	−78.1%	15.4	−1.7%
Cemantic Infra-Tech 538596	Residential, Commercial Projects	₹ 14.79 Cr.	—	Loss	4	+10.4%
Adhbhut Infrastructure 539189	Residential, Commercial Projects	₹ 14.55 Cr.	0%	Loss	153.4	−9.1%
R. J. Shah & Company Limited 509845	Residential, Commercial Projects	₹ 13.72 Cr.	—	+5.6%	5.7	—
Gyan Developers & Builders Ltd 530141	Residential, Commercial Projects	₹ 13.25 Cr.	−100%	Loss	15	−16%
East Buildtech 507917	Residential, Commercial Projects	₹ 12.19 Cr.	+1,050%	—	81.3	+24.3%
SVS Ventures 543745	Residential, Commercial Projects	₹ 11.42 Cr.	+7,472.7%	+1,011.1%	11.2	−16.9%
Suvidha Infra. 531640	Residential, Commercial Projects	₹ 11.08 Cr.	—	Loss	82.7	—
Vas Infrastructure 531574	Residential, Commercial Projects	₹ 10.51 Cr.	—	Loss	28.4	−12.8%
Shree Krishna Infrastructure 542146	Residential, Commercial Projects	₹ 9.61 Cr.	−157.4%	+11,800%	7.1	+19.7%
Crane Infrastructure 538770	Residential, Commercial Projects	₹ 8.51 Cr.	0%	+66.7%	14.8	−9.4%
Jet Solar 538794	Residential, Commercial Projects	₹ 7.96 Cr.	+5.3%	−50%	204.9	—
Skyline Ventures India 538919	Residential, Commercial Projects	₹ 7.54 Cr.	—	Loss	206.5	—
KMF Builders & Developers Ltd 531578	Residential, Commercial Projects	₹ 7.43 Cr.	—	Loss	1.6	−12%

Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.