10 Best Builders - 2018

Real estate industry has come a long way since the 1990s’ and after agriculture, real estate and building business is the second largest employer in India. With a CAGR of 13 percent, this particular industry is hands on one of the biggest contributor to the Indian economic development. Adding to the fact, studies indicate that real estate sector is expected to grow by 30 percent during the next decade which will further pave way for the to exponentially incorporate the latest and sustainable trends to not only increase the per capita contribution but impact ecologically by reducing the carbon footprint. The current growth in Indian economy has stimulated demand for land and developed real estate across several industries. This sudden demand can be attributed to the incorporation of more than two million new graduates who create a demand for 100 million square feet of office and industrial space. Initiatives such as Real Estate Regulation Act (RERA), Benami Transaction Prohibition Act, and Real Estate Investment Trusts (REIT) from Government of India play a crucial role to attract investments in the sector and offer housing. If regulated properly, real estate industry can increase its market growth with the improvement in the situation of other allied industries like construction, cement, financial and retail. The growth needs a steady hand and an experienced mind to reign in the undulating foray, and this is where the esteemed builders come into play by undertaking the responsibility to impart smart construction practices. After all, in comparison to other developed countries, emerging countries demonstrate more potential for growth and investments and the leaders of the Indian real estate can direct the sector to earn higher returns for investors contrasting other global countries. This paves way for the industry to become stronger, transparent and improve globally. Celebrating the efforts of these uprising industrial leaders, CEO Insights brings to you the ‘10 Best Business Builders – 2018’, saluting the spirit of these business leaders who, with their venture are not only catapulting the society towards a progressive growth but are also acting as the aggregators of the smart world, taking the next steps towards a stronger economy. An expert panel of CEOs and industrialists, along with CEO Insight Editorial Board has performed a diligent evaluation of the industry before listing the front-runners. These inspiring leaders listed are the ones who have distinguished themselves through their life achievements and will introduce our readers to the greatness of their journey, helping them a take a leaf out of their book to understand the necessities of being a business leader and build their own enterprises based on similar virtues & values.