6 Mumbaikars among India's top 10 richest real-estate entrepreneurs

Hurun Research Institute has released a list of the top 10 richest real estate entrepreneurs in India. The list is, unsurprisingly, dominated by tycoons based in India's financial capital Mumbai. 6 of the top 10 richest real estate entrepreneurs are from Mumbai, while New Delhi and Bengaluru also get a mention in the list. Singapore is the only international city to find mention in the top 10 list.

The list is led by Mangal Prabhat Lodha of Macrotech Developers with a net worth of Rs 31,960 crores. DLF's Rajiv Singh, who is the only representative of New Delhi, is second with a net worth of Rs 25,080 crore followed by Jitendra Virwani (Bengaluru) of Embassy with a net worth of Rs 24,750 crore.

Here is the top 10 list of real estate entrepreneurs

Rank	Name	Company	Based In	Net Worth (crores)
1.	Mangal Bhagat Lodha & Family	Macrotech Developers	Mumbai	Rs 31,960
2.	Rajiv Singh	DLF	New Delhi	Rs 25,080
3.	Jitendra Virwani	Embassy	Bengaluru	Rs 24,750
4.	Niranjan Hiranandani	Hiranandani Communities	Mumbai	Rs17,030
5.	Chandra Raheja & Family	K Raheja	Mumbai	Rs 15,480
6.	Vikas Oberoi	Oberoi Realty	Mumbai	Rs 13,910
7.	Raja Bagmane	Bagmane Developers	Bengaluru	Rs 9,960
8.	Surendra Hiranandani	House of Hiranandani	Singapore	Rs 9,720
9.	Subhash Runwal & Family	Runwal Developers	Mumbai	Rs 7,100
10.	Ajay Piramal & Family	Piramal Group	Mumbai	Rs 6,560

Mumbai accounted for six of the top 10 and 37 of the 100 names. Delhi and Bengaluru had 19 residents each who featured on the list. Interestingly, 3/4th of the richest Indians from the real estate sector are based in these three cities. At the same time, the sector added two more US dollar billionaires -- taking the total to nine this year. Around 59 per cent of the individuals mentioned in the list are first-generation entrepreneurs. Interestingly, eight women made it to the list in 2019.

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