Real estate sector is one of the most recognized sectors at the global level. It comprises of four sub-sectors, namely, retail, housing, hospitality, and commercial. After the agricultural sector, real estate sector is known as the second highest employment generation sector. Leverage and capital structure are commonly known as the two important aspect of any company, which have a much influence on the profitability of any company. Analysis of both the aspect help the company to take certain important decision which help in increasing profit and reducing overall cost of capital. The four Real Estate Industries are considered on the basis of net sales volume and those are traded stock as well frequently, which are D. Reality Ltd, Peninsula land ltd, Parsvnath Developer Ltd, Akruti City Ltd. The main aim of this paper is to make the comparative study in respect of leverage and capital structure with its impact on the financial performance of the selected Real Estate Company. In this article, the statistical tools are used such as average, standard deviation, coefficient of variation and multiple regression analysis. The analysis conclude that the ROCE of Parsvnath Developer Ltd and Akruti City Ltd company have positive significant relationship with leverage while the ROCE of D. Reality Ltd and Peninsula land ltd Company have positive insignificant relationship with leverage. Furthermore, while comparing the capital structure of the selected Real Estate Company, D.Reality Ltd. has the highest average amount of equity and lowest average debt capital while Peninsula Land Ltd has the lowest equity capital and Parsvnath Developer Ltd has the highest average amount of debt capital. It should be noted here that these companies are contributing a lot in growth of our GDP and generating the millions of the jobs.