The real estate sector in India is thriving with affordable housing at its center, due to government initiatives like Pradhan Mantri Awas Yojana (PMAY) and rapid urbanization in Tier-2 city real estate growth. In 2025, potentially industry-changing Indian real estate leaders are transforming the market by delivering quality homes under Rs. 50 lakh, with sustainable housing projects and innovation in design.
This article highlights 10 leaders of affordable housing innovators in India, paving the path of homeownership to middle-class families and first-time buyers.
Pirojsha Godrej, Godrej Properties
Pirojsha Godrej is head of Godrej Properties, which sold 15,000 homes worth Rs. 29,444 crore in 2024-25, including Godrej Emerald in Mumbai for affordable homebuyers, so their green-certified projects were headed by Godrej Garden City in Ahmedabad with biophilic design plus smart technology options. This accessible agenda for affordable housing of Godrej, on who’s leading affordable housing in India, ensures accessibility for homebuyers in cities like Pune and Noida.
According to Godrej, “Sustainability is non-negotiable.”
Ravi PNC Menon, Chairman, Sobha Limited
PNC Menon is the chairman of Sobha Limited, championing as one of the leading affordable housing innovators in India. Sobha Dream Acres in Bengaluru offered 3,000 smart 1 & 2 BHK homes in 2024. The backward integration model of Sobha ensures in-house quality assurance of housing units and reduces costs for home buyers.
Also Read: How to Buy Your First Home in India: A Step-by-Step Guide
Sobha holds high-quality green building certifications, as well as focuses on Tier-2 city real estate growth, such as Gurgaon, where there is tremendous demand.
“Every family deserves a quality home”, Menon affirms
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