Mumbai is the industrial, financial, commercial, trade, entertainment capital of India. It is also the capital city for the state of Maharashtra. As this metropolitan grew, the real estate business also grew hand in hand. Many builders in the city have made it to the status of being one among the best in the country concerned with construction business. The MHADA (Mumbai Developments Authority) is being aided to fulfil the demand for residential units by the real estate firms and builders in Mumbai. Sometimes, MHADA also joins hands with local building contractors to build many huge residential ventures so it’s a positive sign for the residents of Mumbai. For many years till now, Mumbai development authority is failing to meet the demand of required housing units. The deficit of supply from demand is mounting year after year alarmingly. As a solution for such crisis, good and efficient builders are in need by the housing board of Mumbai.

The growth of the city is encouraging building firms to invest fat sums on huge ventures which would promise to provide surplus returns. The major and big real estate firms in Mumbai are not only investing in housing ventures but are also diversifying the business by building various shopping malls, business centres, multiplexes and numerous other such commercial projects. Of late the building firms are redefining luxury in the city as many ventures are lavishly equipped with luxury quotient.

Mumbai is home for many rag pickers to ultra rich businessmen. Many construction companies have taken birth in the city and many ventures are being developed all over the city. Some of the famous construction firms are: Hiranandani Constructions, Kalpa-Taru Constructions, K. Raheja Corp. (CL) etc. Hiranandani Constructions is the most popular company of all, operational in Mumbai. The company boasts of 3,000 acres of built up land which was registered under its name and the transactions are carried out very innovatively. Today, Hiranandani Constructions stand out to be the leader of the real estate market. Many other real estate firms have been serving the needs of the city efficiently.