Chennai, Tamil Nadu, India – Hurun Report today released the fifth year GROHE-HURUN India Real Estate Rich List 2021, a ranking of the most successful real estate entrepreneurs and inheritors in India, ranked by net worth proportionate to their ownership in their respective real estate businesses.
The GROHE-HURUN India Real Estate Rich List 2021 ranked 100 individuals from 71 real estate companies and 14 cities.
Despite all the news of a slowdown in the sector, some of the key trends in the list indicate a positive future. For instance, the average wealth in the GROHE-HURUN India Real Estate Rich List 2021 has increased by 30%, to INR 4,537 crore. The combined wealth of the entrepreneurs on the list grew by 30% compared to 2020.
Chennai
Chennai, the capital of Tamil Nadu, the real estate sector is dominated by young and ambitious leaders namely Manoj Namburu and Suneel Bommireddy of Alliance Group &Urbanrise, who have acquired the top two slots. Mr Manoj Namburu Chairman & MD of Alliance Group &Urbanrise with a wealth of Rs 3,300 crores tops the list followed by Mr Suneel Bommireddy Vice Chairman Alliance Group &Urbanrise with a wealth of and Rs 3,200 crores and in the third spot is Mr Arun MD of Casagrand Builders with a wealth of Rs 2,240 crores. The Top 3 Leaders to be featured in the report are as follows:
Leader Name | Company Name | Designation | Total Assets Value (in Crores INR) | City |
Manoj Namburu | Alliance Group &Urbanrise | Chairman & Managing Director | 3,300 | Chennai |
Suneel Bommireddy | Alliance Group &Urbanrise | Vice Chairman | 3,200 | Chennai |
Arun MN | Casagrand Builder Pvt. Ltd. | Founder & Managing Director | 2,240 | Chennai |
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