India's Top 28 Real Estate Firms Report Rs 92,500 Crore in Property Sales for H1 FY26
The Indian real estate market has seen a robust performance in the first half of the fiscal year 2026, with 28 major listed realty firms collectively selling properties worth Rs 92,500 crore. Prestige Estates Projects Ltd leads the pack with Rs 18,143.7 crore in pre-sales.
Real Estate News:India's 28 major listed real estate companies have reported a significant boost in property sales during the first half of the fiscal year 2026. According to the data compiled from regulatory filings, these companies collectively achieved sales bookings worth Rs 92,437 crore. This strong performance underscores the resilience and growth of the real estate sector in the post-pandemic era.
Prestige Estates Projects Ltd, a Bengaluru-based developer, emerged as the top player with pre-sales of Rs 18,143.7 crore during the April-September period of FY26. The company's strong sales bookings reflect its robust project pipeline and market presence.
DLF Ltd, the country's largest real estate firm by market capitalization, secured the second position with pre-sales of Rs 15,757 crore. DLF's consistent performance is a testament to its brand strength and market leadership.
Mumbai-based Godrej Properties also performed well, clocking sales bookings of Rs 15,587 crore. Lodha Developers, another prominent player, sold properties worth Rs 9,020 crore during the same period. Delhi-NCR-based Signature Global achieved sales bookings of Rs 4,650 crore in the first half of this fiscal year.
The top five developers—Prestige Estates, DLF, Godrej Properties, Lodha Developers, and Signature Global—accounted for more than Rs 63,000 crore, nearly 70% of the total pre-sales recorded by the 28 listed realty firms.
The performance of listed real estate developers has been impressive post-Covid pandemic, driven by strong demand for residential properties. Consumers have become more risk-averse, preferring big-branded realtors with a better track record over smaller, less-established players.
Among other notable players, Bengaluru-based Sobha Ltd and Brigade Enterprises sold properties worth Rs 3,981.4 crore and Rs 3,152 crore, respectively. Mumbai-based Oberoi Realty Ltd and Kalpataru Ltd posted sales bookings of Rs 2,937.74 crore and Rs 2,577 crore, respectively. Bengaluru-based Puravankara Ltd achieved pre-sales of Rs 2,455 crore.
Mumbai-based KeystoneRealtors, which markets under the Rustomjee brand, recorded sales bookings of Rs 1,839 crore. Sunteck Realty and Aditya Birla Real Estate, both based in Mumbai, achieved sales bookings of Rs 1,359 crore and Rs 1,312 crore, respectively.
Pune-based Kolte-Patil Developers Ltd sold properties worth Rs 1,286 crore, while Mumbai-based Mahindra Lifespace Developers Ltd pre-sales stood at Rs 1,200 crore. Bengaluru-based Shriram Properties Ltd clocked pre-sales of Rs 1,126 crore.
In the below-Rs 1,000 crore pre-sales category, several players performed well. Mumbai-based Ajmera Realty & Infrastructure Ltd and Raymond Realty Ltd reported sales bookings of Rs 828 crore and Rs 760 crore, respectively. Delhi-NCR-based Ashiana Housing Ltd pre-sales stood at Rs 734.4 crore.
Bengaluru-based Embassy Developments Ltd and Ahmedabad-based Arvind Smartspaces Ltd both recorded sales bookings of Rs 607 crore each. Delhi-NCR-based TARC Ltd sold properties worth Rs 565 crore. Mumbai-based Arihant Superstructures Ltd and Delhi-NCR-based Max Estates Ltd achieved sales bookings of Rs 386.4 crore and Rs 373 crore, respectively.
Arkade Developers Ltd and Sri Lotus Developers sold properties worth Rs 331 crore and Rs 319 crore, respectively. Lucknow-based Eldeco Housing & Industries Ltd achieved pre-sales of Rs 309.2 crore. Lastly, Mumbai-based Suraj Estate Developers Ltd recorded sales bookings of Rs 234 crore during the first six months of the current fiscal year.
Many listed players have not reported their sales bookings numbers, which have become an essential metric for evaluating their operational performance. There is a significant time lag in revenue recognition of sales bookings, as it is linked to the completion of real estate projects. Real estate developers that 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 Rs 1.62 lakh crore, with Godrej Properties Ltd leading the pack with sales bookings of nearly Rs 30,000 crore.
Frequently Asked Questions
Which company led in property sales bookings for the first half of FY26?
Prestige Estates Projects Ltd led the property sales bookings for the first half of FY26 with Rs 18,143.7 crore in pre-sales.
What is the total combined sales bookings of the 28 major listed real estate companies in the first half of FY26?
The total combined sales bookings of the 28 major listed real estate companies in the first half of FY26 stood at Rs 92,437 crore.
How much did DLF Ltd achieve in pre-sales during the April-September period of FY26?
DLF Ltd achieved pre-sales of Rs 15,757 crore during the April-September period of FY26.
What percentage of total sales bookings did the top five developers account for in the first half of FY26?
The top five developers—Prestige Estates, DLF, Godrej Properties, Lodha Developers, and Signature Global—accounted for nearly 70% of the total sales bookings, which is over Rs 63,000 crore.
What was the total value of property sales by the 26 major listed real estate firms during the 2024-25 financial year?
During the 2024-25 financial year, the 26 major listed real estate firms sold properties valuing Rs 1.62 lakh crore.