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THE LEGENDS OF DELHI-NCR REAL ESTATE

When we talk of Delhi NCR real estate, there is no way we cannot talk about these trailblazers, who with their foresight and determination shaped its modern identity.

BY Realty+
Published - Wednesday, 12 Nov, 2025
THE LEGENDS OF DELHI-NCR REAL ESTATE

Rajiv Singh, Chairman, DLF
DLF throughout its over 78-year legacy, has been on a core mission to deliver real-estate development, management, and investment services of the highest calibre. Founded in 1946, DLF began with the development of 22 urban colonies in Delhi. In 1985, the company expanded into the then-unknown region of Gurugram, creating exceptional living and working spaces for India’s emerging global professionals. Today, DLF is the largest publicly listed real estate company in India, with residential, commercial, and retail properties spanning 15 states.

Rajiv Singh, with more than 35 years of real estate expertise, plays a major role in DLF as the Chairman of the company. His leadership has helped DLF build a resilient business able to withstand market fluctuations. He has set new benchmarks in housing, infrastructure, and urban development in India and is widely recognized for his contribution to the economic development of Haryana. His creation of world-class infrastructure has attracted significant foreign and domestic investment into the country as well as supported in generating employment opportunities in Haryana. In December 2005, Mr. Singh was awarded The Udyog Ratna Award for Valuable Contributions to Economic Development of Haryana.

Amarjit Bakshi, Chairman and Managing Director, Central Park
Central Park is a part of Delhi based conglomerate Bakshi Group, which operates across Real Estate, Hospitality, Automotive, Infrastructure and Education sectors. Foundations of propitious Bakshi Group was laid with an aspiring vision for a better future in 1970’s. In 2001, it embarked on the journey of creating the first luxury condominium, Central Park, Golf Course Road commenced as an elite, green luxury residential development to provide resort like lifestyle & luxury amenities.

Amarjit Bakshi, Chairman and Managing Director of Central Park, is an alumnus of IIT Delhi and a first generation entrepreneur. Coming from humble beginnings to becoming a renowned industrialist in North India, his vision has propelled the group’s growth through strategic diversification across all business areas. Mr. Bakshi always believes in working for values as opposed to only monetary gains. He has been a recipient of numerous awards and honours over the past few years.

Basant Bansal, Founder, M3M Group
Founded in 2010, M3M India has quickly risen as one of India’s most dynamic and innovative real estate developers, built on the values of ethical governance, transparency, commitment, and passion for excellence. With a forward-looking vision crafted by Founder Chairman Sh. Basant Bansal and Promoters Sh. Roop Bansal and Sh. Pankaj Bansal, M3M India has become a transformative force in the luxury residential and retail real estate sector. Today, M3M stands as a symbol of sophistication and innovation, setting new benchmarks across India. Basant Bansal is the visionary founder of M3M Group.

A leader with speed in his DNA, he is a quick decision-maker who drives the organization with energy and clarity. His bold, path-breaking ideas and commitment to creating value for society have made a lasting impact not only on the industry but also on the lives of countless individuals. Dedicated to strategic growth, acquisitions, and the execution of groundbreaking projects, Mr. Bansal thrives on fresh perspectives and innovative thinking. As a staunch advocate of sustainable development, Mr. Bansal established the M3M Foundation, the philanthropic arm of M3M Group, to uplift the underprivileged and ensure that every square foot developed by the company benefits society at large. His guiding principle is simple yet profound: “Our business should uplift lives and bring dignity to the less fortunate.”

R.K Modi, Chairman cum Managing Director, Ashiana Homes
Ashiana has been in the housing development sector for more than 38 years. With residential and commercial constructions in Greater Noida, Indirapuram, Ghaziabad, Gurgaon, Jaipur and Bhubaneswar, it also started the concept of Defined Facility Management in India and has a proven track record of managing quality Ashiana projects for more than 20 years. R.K Modi, Founder Director of Ashiana Group has been actively involved in planning and construction of numerous housing projects since 1987.

He epitomizes the dauntless entrepreneurial spirit of a visionary. It was his skills as an entrepreneur that enabled him to transform the urban landscape of the National Capital Region by providing a quality benchmark for middle-income housing. He is a source of knowledge in space planning, site development, engineering and construction. A unique combination of knowledge and energy, he inspires and brings out the best in team Ashiana. He visualized the growth of Ashiana as an integral part of his vision to provide affordable living to the middle-income section of the society by fusing tremendous engineering knowledge with groundbreaking skills. Today, Ashiana is recognized as a best-in-class company, providing quality housing and improving the quality of life of thousands of families.

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