India's Listed Real Estate Firms Achieve ₹53,000 Crore in Property Sales in Q1 FY26
India's 28 listed real estate companies collectively sold properties worth ₹53,000 crore in the April-June quarter, with Bengaluru-based Prestige Estates leading the pack.
Real EstateProperty SalesPrestige EstatesDlf LtdGodrej PropertiesReal Estate MumbaiAug 25, 2025
According to data compiled from regulatory filings, the total combined sales bookings of these 28 listed realtors stood at ₹52,842 crore in the first quarter of FY26. Bengaluru-based Prestige Estates Projects Ltd emerged as the leading listed player, with pre-sales of ₹12,126.4 crore. DLF Ltd, the country's largest realty firm in terms of market capitalisation, secured the second position with pre-sales of ₹11,425 crore, driven by the luxury home market in Gurugram.
Mumbai-based Godrej Properties clocked sales bookings of ₹7,082 crore, while Lodha Developers sold properties worth ₹4,450 crore during the June quarter. Delhi-NCR-based Signature Global achieved sales bookings of ₹2,640 crore in the June quarter. Notably, these top five developers contributed 71 per cent to the total combined sales bookings achieved by the 28 listed realty firms.
The majority of these sales bookings pertained to residential properties, whose demand has surged post-COVID pandemic. Big branded real estate developers have benefited the most from this strong revival, both in volume and value terms, in India's housing market, as homebuyers have become more risk-averse.
Among other listed players, Bengaluru-based Sobha Ltd and Delhi-based Omaxe Ltd sold properties worth ₹2,079 crore and ₹2,001 crore, respectively. Mumbai-based Oberoi Realty Ltd and Kalpataru Ltd posted sales bookings of ₹1,639 crore and ₹1,249 crore, respectively. Bengaluru-based Puravankara Ltd and Brigade Enterprises Ltd sold properties worth ₹1,124 crore and ₹1,118 crore, respectively.
Sales bookings of Mumbai-based Keystone Realtors, which markets under the Rustomjee brand, stood at ₹1,068 crore. In the below-₹1,000 crore pre-sales category, there were several players. Mumbai-based Sunteck Realty sold properties worth ₹657 crore, while Pune-based Kolte-Patil Developers Ltd clocked ₹616 crore in pre-sales numbers. Mahindra Lifespace sold properties worth ₹449 crore, and Bengaluru-based Shriram Properties Ltd pre-sales stood at ₹441 crore.
Sales bookings of Delhi-based Ashiana Housing Ltd were ₹430.97 crore. Mumbai-based Aditya Birla Real Estate Ltd and Raymond Realty Ltd reported pre-sales at ₹422.5 crore and ₹306 crore, respectively. Delhi-NCR-based TARC Ltd sold properties worth ₹225 crore, while Lucknow-based Eldeco Housing & Industries Ltd did ₹221.11 crore worth pre-sales and Max Estates Ltd nearly ₹220 crore.
Bengaluru-based Embassy Developments Ltd sold properties worth ₹198 crore in the April-June period of this fiscal. Ahmedabad-based Arvind Smartspaces Ltd's sales bookings were ₹175 crore. Sales bookings of Mumbai-based Arihant Superstructures Ltd, Arkade Developers Ltd, Ajmera Realty & Infrastructure Ltd, and Suraj Estate Developers Ltd stood at ₹150.6 crore, ₹142 crore, ₹108 crore, and ₹81 crore, respectively.
Some of the listed players have not reported their sales bookings numbers, an important metric to evaluate their performances. Revenue recognition of sales bookings achieved by these developers takes time, as it is linked to the completion of real estate projects. Real estate developers, which are not listed on stock exchanges, generally do not report their quarterly and annual sales bookings.
During the 2024-25 financial year, the country's 26 major listed real estate firms sold properties valuing ₹1.62 lakh crore. Godrej Properties Ltd was the largest player last fiscal in terms of sales bookings as it sold properties worth nearly ₹30,000 crore.
Frequently Asked Questions
Which company led in property sales among India's listed real estate firms in Q1 FY26?
Prestige Estates Projects Ltd emerged as the leading listed player in the April-June quarter of FY26, with pre-sales of ₹12,126.4 crore.
How much did DLF Ltd achieve in property sales in Q1 FY26?
DLF Ltd, the country's largest realty firm in terms of market capitalisation, achieved pre-sales of ₹11,425 crore in Q1 FY26, driven by the luxury home market in Gurugram.
What percentage of the total combined sales bookings did the top five developers contribute?
The top five developers—Prestige Estates, DLF Ltd, Godrej Properties, Lodha Developers, and Signature Global—contributed 71 per cent to the total combined sales bookings achieved by the 28 listed realty firms.
Which segment of the real estate market has seen a surge in demand post-COVID pandemic?
The residential property segment has seen a significant surge in demand post-COVID pandemic, with big branded real estate developers benefiting the most from this strong revival.
How do real estate developers recognize revenue from sales bookings?
Revenue recognition of sales bookings achieved by real estate developers takes time, as it is linked to the completion of real estate projects.
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