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

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.