Another step towards the “Institutionalization” of the Real estate sector. Public listing of Real Estate developers have been a rare event and is reflective of the quantum leap that is required for the industry players to open the books to the public at large.

This is evident from the fact that there have been only 𝟮 𝗣𝘂𝗯𝗹𝗶𝗰 𝗹𝗶𝘀𝘁𝗶𝗻𝗴𝘀 𝗼𝗳 𝗮 𝗹𝗮𝗿𝗴𝗲 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗲𝗿 𝗶𝗻 𝘁𝗵𝗲 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝘀𝗽𝗮𝗰𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗹𝗮𝘀𝘁 𝗱𝗲𝗰𝗮𝗱𝗲 [Lodha Developers and Rustomjee].

Given below are the time lines for IPO listings for some key players.

𝟮𝟬𝟬𝟲-𝟮𝟬𝟭𝟬
1. Sobha developers [2006]
2. Brigade [2007]
3. DLF [2007]
4. Godrej Properties [2009]
5. Sunteck Realty [2009]
6. Indiabulls Real Estate [2009]
7. Prestige [2010]
8. Oberoi Realty [2010]

𝟮𝟬𝟭𝟭-𝟮𝟬𝟮𝟮
1. Lodha Developers [2021]
2. Rustomejee [2022]

Look forward to more listings in this space and congratulations to the team that is joining the list next.