Indian Real Estate Tycoons
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3) G.L. Raheja
Gopal L Raheja often known as GL Raheja in the industry, built the empire of Raheja real estate over five decades. He is the one who introduced first apartment hotel in India in Powai and departmental store, Shoppers Stop in Mumbai. His real estate company is one among the largest private land owner in Mumbai and owns properties in different parts of India followed by The Carlton in Kodaikanal. This leading real estate group has completed around 2000 projects in different sectors in India. It is one of the oldest construction group in India and is worth around 11,000 crore.
2) Ramesh Chandra:
Real estate tycoon Ramesh Chandra is the founder of Unitech, one among the leading real estate company in India. He came into construction business back in seventies but only in the mid eighties, he shifted his focus more on real estate. The firm started to develop affordable housing projects in nineties and in the year 1996, Unitech came up with its first commercial office complex called Global Business Park. And, from 2000, Unitech became more active in real estate market where they mainly dealt with buying lands in the extended regions of Delhi. Later, the company expanded its business and become popular in other cities like Bangalore, Kolkata, Kochi, Mumbai, Chennai and Hyderabad. Besides, Chandra has an estimated net worth of $695 million according to Forbes.
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