31-07-2025
Indian Hotels, known for Taj Hotels, ranks as India's third most valuable real estate co with value at Rs 1.1 lakh cr: Hurun
Synopsis
Indian Hotels Company, under Puneet Chhatwal's leadership, has ascended to become the third most valuable real estate company in India, according to the 2025 GROHE-HURUN India Real Estate 150 List. The company experienced a significant 36.8% rise in valuation, reaching INR 1,08,300 Cr. This growth is attributed to IHCL's expanding hotel portfolio, particularly in Tier 2 and Tier 3 cities.
Indian Hotels, which remains one of country's oldest hospitality companies, bagged the title of third most valuable real estate company, according to the 2025 GROHE- HURUN India Real Estate 150 List. "Indian Hotels Company demonstrated remarkable growth, making a significant ascent within the top companies," said the statement. Puneet Chhatwal-led Indian Hotels Company (IHCL) climbed to the third spot in 2025 with a valuation of Rs 1,08,300 crore, following a 36.8% rise in value. "Under Puneet Chhatwal's leadership, IHCL continues to expand its hotel portfolio and is one of the fastest-growing hospitality brands in India, with a focus on Tier 2 and Tier 3 cities," said the statement.
2025 GROHE - HURUN India Real Estate 150 - Top 10
Rank Company Value (INR Cr) Change (%) City of HQ Key Leader 1 DLF 2,07,400 2.6% Gurugram Rajiv Singh 2 Lodha Developers 1,38,200 1.1% Mumbai Abhishek Lodha 3 Indian Hotels Company 1,08,300 36.8% Mumbai Puneet Chhatwal 4 (+2) Prestige Estates Projects 71,500 11.8% Bengaluru Irfan Razack 5 (-1) Godrej Properties 70,600 -8.6% Mumbai Pirojsha Godrej 6 (-1) Oberoi Realty 69,400 4.8% Mumbai Vikas Oberoi 7 (+1) The Phoenix Mills 55,900 0.3% Mumbai Atul Ruia 8 (-1) Adani Realty 52,400 -7.3% Ahmedabad Jackbastian K. Nazareth 9 ^ M3M India 37,400 ^ Gurugram Basant Bansal 9 * Aparna Constructions & Estates 37,400 12.9% Hyderabad Subramanyam Reddy Sannareddy Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to Rs 329.32 crore in the first quarter of FY26. The country's biggest hospitality player posted a net profit of Rs 260.19 crore in the corresponding period of the previous financial year. Its total income from operations stood at Rs 2,102.17 crore during the April-June quarter, against Rs 1,596.27 crore in the year-ago period. The company's total expenses also increased to Rs 1,662.35 crore, from Rs 1,267.78 crore a year ago, a regulatory filing showed.
