Top 10 Real Estate Companies in Lucknow [2024 Updated List]

Lucknow, the City of Nawabs and recognized as the Cultural Capital of India, holds its position as Uttar Pradesh’s capital. This city is appreciated for its rich culture and heritage while it transforms into one among rapidly developing cities within India. It is because of infrastructure development such as Lucknow Metro, an increasing number of population along with introduction from numerous IT firms plus multinational corporations resulting in a high demand for real estate. Recently, the city has turned into a rising hub for real estate. This blog will discuss the top 10 real estate companies in Lucknow that are revolutionizing how to conduct business just like those top real estate companies in Hyderabad. 

Real Estate Companies in Lucknow

Ansal API 

Ansal API, a real estate business entity, was established by Sushil Ansal and Pranav Ansal in 1967. This organization is counted among the top 10 real estate companies in Lucknow. They offer numerous services like residential properties, commercial places, townships as well as retail stores. Additionally, Ansal API has moved into the education sector with projects including Chiranjiv Bharati Schools and also the Ansal Institute of Technology. Now, they are situated in places like Uttar Pradesh, Delhi NCR, Rajasthan, and Punjab.

Some of their projects are Sushant Lok, Sushant City and Palam Vihar. 

Omaxe Ltd

Omaxe Ltd is one of the biggest companies in the Indian real estate market. This firm has maintained its presence in the Indian real estate sector since 1987. It secured a listing on both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) during the year 2007. The business is present in eight states and twenty-nine cities. The first quarter of 2024 saw the business generating a total income of Rs. 386 Crore.

The company’s projects in Lucknow are The Legends, Omaxe Residency, Omaxe Heights and Omaxe Hi Street and the Palace, which was facilitated at the ‘Endowment Awards’ in the year 2023. 

Eldeco Group

Eldeco Group, established in the year 1985 and with over 40 years of expertise, is one of the top 10 real estate companies in Lucknow. This company has a big presence in over twenty cities of North India such as Delhi, Noida, Gurugram, Kanpur, Agra. The business has finished more than 200 projects with another 30 still in progress. This company owns two branch businesses: Eldeco Housing and Industries Ltd. (EHIL), and also, Eldeco Infrastructure and Properties Ltd. (EIPL). The business focuses specifically on constructing living environments that are friendly to the environment as well as sustainable. According to recent real estate news, the company has bought a 20000 square foot land area near Jewar airport in Noida for building a residential project.

Their projects in Lucknow include Eldeco Shaurya Arcade, Eldeco East End and Eldeco Imperia. 

On July 19, 2024, Eldeco and Purvanchal Projects purchased two housing plots near Noida airport for Rs 246.44 crore.

DLF Ltd

DLF Ltd, established in 1946 by Chaudhary Raghvendra Singh, ranks as one of the largest real estate firms in India. The company boasts over 75 years of experience and is recognized for creating upscale luxury retail and commercial properties within the Delhi NCR region. The company’s current CEO is Mr Vishal Damani. The company’s sales in Quarter 1 of 2024 were Rs. 6404 Cr according to recent news. 

Their most renowned projects are the DLF Emporio, DLF Cyberhub, and the Camellias.

On November 15, 2024, DLF Chairman Emeritus KP Singh urged PM Modi to form a high-powered committee to develop urban infrastructure supporting India’s $5 trillion economy vision.

Purvanchal Projects

Purvanchal Projects is one of the most known real estate developers and contractors in Uttar Pradesh and is one of the top 10 real estate companies in Lucknow. The company has delivered more than 3500 successful projects in the last 30 years 

Along with developing their own projects, the company also constructs houses on contract basis. According to recent news, the company has recently received land worth Rs.149 Cr in Noida for a project. 

Some of their projects in Lucknow are Purvanchal Royal Atlantis, Purvanchal Capital Tower and Purvanchal Kings Court. 

On October 24, 2024, YEIDA sold nine group housing plots near Noida Airport for Rs 1,034 crore to developers including Eldeco, Purvanchal Projects, and Arihant Buildwell.

Unitech Group

Unitech Group was established in 1971 and is one of India’s leading real estate players. The company develops various kinds of projects ranging from residential real estate, commercial complexes, townships, IT Parks and many others. The company has successfully delivered more than 100 residential projects and has multiple other upcoming projects. The company is currently present in over 10 cities across the country including Delhi, Lucknow, Mysore, Mohali, Hyderabad, Chandigarh and many others. 

Parsvnath Developers Ltd

Parvsnath Developers was founded in 1990 and it is one of the top 10 real estate companies in Lucknow. The company operates on the philosophy of ‘building a better world’ through transforming land into high-quality residential places, commercial buildings and recreational facilities. They have a strong presence in more than 37 cities crossing over to 13 states. The company consolidated their net sales at Rs. 88.02 Cr in June 2024 and has shown up to 63.27% Year on Year growth. 

Some of their projects in Lucknow include Parsvnath Planet, Parsvnath Royale floors and Parsvnath Planet Plaza. 

As of recent trading, Parsvnath Developers’ stock rose 3.41% over three months to Rs 18.61, with market cap at Rs 840 crore.

Amrapali Group

The Amrapali Group is one of the leading real estate developers in the Delhi and Nactional Capital Region (NCR). Headquartered in Noida, Uttar Pradesh, this company has been developing luxury residential homes, commercial complexes, townships, It parks and many others. The company has also roped in Mr Hafeex Contractor, a renowned architect. The company is also known for their timely delivery of homes and has completed over 100 acres worth of projects. The company’s current chairman is Mr. Anil. Sharma. The company has recently received approval to construct 13000 more new apartments (August 2024 news)

Some of the company’s most renowned projects include Amrapali Tropical Garden, Amrapali CourtYard and Amrapali Enchante. 

Emaar India

Emaar India is a branch of the globally recognised Emaar Properties PJSC Dubai, which stands as one of top real estate companies worldwide. This acclaimed company has gained its reputation through creating ultra-luxurious and premium properties. It is spread in various cities in North India such as Gurgaon, Noida, Lucknow and Delhi, also starting to expand into other cities all over the country.

The company has recently been assigned 401 acres of land in Gurugram. (August 2024 news) Their most famous project in Lucknow is Gomti Greens- Plots.

On November 16, 2024, Emaar India announced plans to develop ‘Amaris’, a Rs 900 crore luxury housing project in Gurugram’s Sector 62, featuring 2-4 BHK apartments priced between Rs 3.5-6 crore, expecting Rs 2,500 crore in revenue.

Omega Developers and Builders

Omega Developers and Builders is one of the top 10 real estate companies in Lucknow. The company builds and develops many residential houses, commercial properties and townships in Lucknow. They are known for providing houses with the best amenities at affordable prices. They are known for their Green Park Township in Lucknow which is a residential township which is spread over 30 acres and offers ready to move in Plots, villas and apartments. Their Green Park Apartments Complex has 270 apartments of 2 and 3 BHK houses. The company has recently announced a new project in Lucknow called Omega Windsor Greens Phase 4. 

Conclusion

Lucknow is now emerging as a significant city in India’s real estate industry. These top 10 real estate companies in Lucknow are redefining the city’s real estate sector with their projects. Be it budget-friendly residences from Omega Developers and Builders or lavish, top-tier plots offered by Emaar India, the people of Lucknow have a variety to choose from when it comes to buying a property.