Chandru Raheja controls privately held K. Raheja Corp, which owns IT parks, malls, and hypermarkets mostly in western and southern India. The firm, which sons Ravi and Neel help run, opened a Marriott hotel in Bangalore in February and is now building a 600-room Marriott near Mumbai's international airport. It recently started selling apartments at its upcoming luxury residential high-rise in midtown Mumbai that are priced upwards of $10 million each.