Top 10 Indian Real Estate Leaders Redefining Affordable Housing

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.

From eco-friendly townships to smart home integrations, these top real estate developers in affordable housing India are setting a new standard for new urban living.

Rajiv Singh, Chairman, DLF Limited

Rajiv Singh, Chairman of DLF, the largest publicly listed real estate company in India, is passionate and committed to affordable housing. With a net worth of Rs. 1,24,450 crore, he is the mastermind behind several initiatives such as DLF Capital Greens in Delhi. Under Singh's vision, DLF was able to deliver >5,000 affordable housing units in one year (2024) with a focus on sustainable housing projects in India.

Also Read: Top 5 Upcoming Residential Projects in Bangalore You Should Know About

DLF understands the importance of quality construction for budget buyers and has also delivered key elements integral to a housing development and a client’s experience, such as timelines and certifications like LEED. DLF emphasizes that technology is improving access to housing in Tier-1 and Tier-2 cities with cutting-edge PropTech that allows prospective buyers to view properties virtually.

Singh says, "We want to make homeownership accessible to everyone”.

Irfan Razack, MD, Prestige Group

Irfan Razack, MD, Prestige Group, rewrites the meaning of affordable luxury as Prestige develops projects like Prestige Lakeside Habitat in Bengaluru, which will include 2,500 units, all housing units under Rs. 45 lakh, and (2024). Prestige focuses on IGBC-certified designs to appeal to eco-conscious buyers. Prestige's entry into Tier-2 cities like Mysuru and Mangaluru results in growing demand. Razack's use of AI-powered design tools to speed up project planning, ensuring timely delivery for affordable housing innovators in India.

“Quality is our promise,” says Razack