DLF chairman Rajiv Singh & Family have emerged as the richest in India’s real estate sector with a wealth of ₹1.21 lakh crore, topping the M3M Hurun India Rich List 2025. They are followed by Lodha Group’s Mangal Prabhat Lodha & family (₹93,750 crore), K Raheja Corp’s Chandru Raheja & family (₹49,360 crore), Oberoi Realty’s Vikas Oberoi (₹42,960 crore), and M3M’s Basant Bansal & family (₹41,140 crore).
The real estate sector, regarded as one of the avenues of wealth creation, reaffirmed its strength in the list, contributing ₹8.72 lakh crore ($95.7 billion) in wealth. A total of 99 industry leaders featured this year, up from 91 in 2024, according to the M3M Hurun India Rich List 2025.
Real estate, long regarded as one of the most trusted avenues of wealth creation, has reaffirmed its dynamism in this year’s list. The sector has emerged as one of the most vibrant contributors, with 99 leaders making their mark, including 23 debutants entering the ranks for the first time.
Collectively, the sector has added an impressive ₹8.72 lakh crore ($ 95.7 billion) in wealth. Significantly, representation has grown from 91 entrants in 2024 to 99 in 2025, underscoring real estate’s resilience and expanding role in shaping India’s future,” said Payal Kanodia, Promoter M3M India, chairperson and trustee, M3M Foundation.
The Hurun Institute released the M3M Hurun India Rich List 2025 on October 1, detailing the country’s wealthiest individuals across industries including pharmaceuticals, entertainment, real estate and more.
Pharmaceuticals topped the list with 137 individuals, led by Cyrus S Poonawalla & family. Industrial Products followed with 132 entrants, with Ramesh Kunhikannan as the richest representative. Chemicals & Petrochemicals ranked third with 125 individuals, headed by Sri Prakash Lohia, while Software & Services came fourth with 110 entrants, represented by Roshni Nadar Malhotra & family. Real Estate secured the fifth spot with 99 entrants, led by Rajiv Singh & Family.