Building Dreams in Mumbai: A Comprehensive List of Prominent Real Estate Developers in the City

Mumbai’s real estate market is growing perpetually. Many developers have stood the test of time, and many new ones are coming into the picture. Well, Mumbai’s real estate has been a hot topic for decades, not only in India but across the world. There are not one but perhaps thousands or lakhs of names behind this scene, and they truly deserve credit for bringing thoughtful architecture, design, and experiences to people.

This is a list of developers in Mumbai who have been associated with some of the best and finest real estate constructions in the city.  

Mayfair Housing

Founded: 1964

Experience: 59 years

Headquarters: Andheri West, Mumbai

Mayfair Housing is one of the oldest real estate developers in the bustling scape of Mumbai, and hence, quite naturally, we chose to put them first on this list. Nayan Shah has been the CEO and MD of Mayfair Housing since 1995.

As per the information available on their website, they have completed more than 50 projects, redeveloped more than 25 societies to date and also have more than 15 projects coming up! Famous projects from the brand include Mayfair JVPD 1 in Juhu, Mayfair KumKum Andheri West, and Mayfair Virar Gardens. Mayfair JVPD is a luxurious project that the CEO describes as being a dreamy combination of a luxurious hotel and a bungalow. KumKum is another luxurious project with 3 and 4 BHK. Launched in 2010, the project has been utterly successful and has since been home to numerous happy and satisfied individuals and families. Mayfair Virar Gardens is a collaboration between Xanadu Realty and Mayfair Housing and is a 22-acre mega-development in Virar.

Lodha Group

Founded: 1980

Experience: 43 years

Headquarters: Mahalaxmi, Mumbai

Macrotech Developers or Lodha (formerly known as Lodha Developers) is a multi-national real estate company headquartered in Mumbai. Established in 1980 by a businessman and politician, it is a renowned name in the creation of residential and commercial scapes! Abhishek Lodha, the grandson of Guman Mal Lodha, has served as the CEO of the Lodha Group since 2018.

Lodha Group is known not only for the finest projects at the finest of locations but also for the Architectural marvels that they have brought into Mumbai. Utterly famous and oft-cited projects from the Lodha Group include the Trump Tower, Lodha Park and the Lodha World One. The collaboration between the Trump Brand and Lodha, the Trump Tower, was naturally a very hot topic during the time of its announcement. Located in Worli, its shimmery golden façade shines in the Mumbai skyline. At the time of its completion, Lodha Park was the second-tallest completed building in all of India. The Lodha World One is a 76-floor skyscraper that is the second tallest completed building in India as of 2023.

Indiabulls Real Estate

Founded: 2006

Experience: 17 years

Headquarters: Gurugram

Indiabulls Real Estate is a vertical of India Bulls. Sameer Gehlaut is the Chairman and Founder of Indiabulls Group, and Abhishek Singh Chauhan is the Vice Chairman and MD. Indiabulls Real Estate is a company associated with Residential, Commercial and SEZs. They have executed projects in various parts of the country including Ahmedabad, Delhi NCIR, Madurai, Vizag and Mumbai.

Famous Indiabulls projects in Mumbai include Indiabulls Blu Estate and Club, Indiabulls Park, and Indiabulls Sky. Indiabulls Blu is located in Worli and is set in an area of 10 acres. Park is an upcoming project by the developer that offers 1,2,3, and 4 BHK apartment configurations. Possession of this property is expected to start in December 2024. Indiabulls Sky is another luxurious development situated at the heart of the Golden Mile, which features a unique silhouette that distinguishes it in the skyline of Worli.

Mahindra Lifespaces

Founded: 1994

Experience: 29 years

Headquarters: Worli, Mumbai

Mahindra Lifespaces (formerly Mahindra GESCO Developers Limited) is a part of the Mahindra Group. Amit Kumar Singa is the current MD and CEO of the brand, and Arun Nanda is the Chairperson. The company has been associated with developments in many parts of India, including Ahmedabad, Bengaluru, Chennai, Hyderabad, Jaipur, Nagpur, Pune and Mumbai.  

Notable projects by Mahindra Lifespaces in Mumbai include Mahindra VICINO Andheri, Mahindra Roots, Kandivali East Mahindra Happinest, and Kalyan. VICINO in Andheri East ROOTS in Kandivali East and have both been certified by the Indian Green Building Council. Built under the Pradhan Mantri Awas Yojana Mahindra Happinest in Kalyan, it is spread across 9 acres.  

Godrej Properties

Founded: 1990

Experience: 33 years

Headquarters: Pirojshanagar, Vikhroli, Mumbai

The next name on this list of developers in Mumbai is Godrej Properties. Godrej Properties is a subsidiary of Godrej Industries Limited. It was set up by Adi Godrej, who serves as the Chairperson of the Godrej Group. Gaurav Pandey is the Managing Director and CEO of the company. It has since served across 10 locations in India. 

Notable projects in Mumbai by the Godrej Group include Godrej BKC and Planet Godrej. The former was a partnership between Jet Airways and the Godrej Group. It was developed by the globally renowned American firm SOM. The latter is a 51-storey residential development spread across 9 acres in Mahalaxmi.

Conclusion

The list of developers in Mumbai certainly does not end here!

It is close to impossible to discuss Mumbai and not discuss its real estate. And, then, come the names behind the same. While we discussed some developers in Mumbai above, it would remain incomplete without the mention of Ajmera Group, Dynamix Group, Kalpataru Limited, Kolte Patil Developers, Prestige Group, Runwal Realty, Shapoorji Pallonji, SD Corp and the Wadhwa Group.