India’s Top Listed Realty Developers Achieve Record ₹53,000 Crore in Q1 Sales; Prestige Leads
India’s leading listed real estate developers reported combined sales bookings of nearly ₹53,000 crore in Q1 FY26, with residential housing dominating the market. Prestige Estates emerged as the top performer, followed by DLF Ltd and Godrej Properties.
Real EstateSales BookingsResidential HousingMarket ConsolidationListed DevelopersReal Estate NewsAug 25, 2025
Top Performers (Q1 FY26 Sales Bookings)
- Prestige Estates – ₹12,126.4 crore
- DLF Ltd – ₹11,425 crore
- Godrej Properties – ₹7,082 crore
- Lodha Developers (Macrotech) – ₹4,450 crore
- Signature Global – ₹2,640 crore
Mid-Tier Developers
- Sobha Ltd – ₹2,079 crore
- Omaxe Ltd – ₹2,001 crore
- Oberoi Realty – ₹1,639 crore
- Kalpataru Ltd – ₹1,249 crore
- Puravankara Ltd – ₹1,124 crore
- Brigade Enterprises – ₹1,118 crore
- Keystone Realtors (Rustomjee) – ₹1,068 crore
Sub-₹1,000 Crore Segment
- Sunteck Realty – ₹657 crore
- Kolte-Patil Developers – ₹616 crore
- Mahindra Lifespace – ₹449 crore
- Shriram Properties – ₹441 crore
- Ashiana Housing – ₹431 crore
Others
- Aditya Birla Real Estate – ₹422.5 crore
- Raymond Realty – ₹306 crore
- TARC Ltd (Delhi NCR) – ₹225 crore
- Eldeco Housing (Lucknow) – ₹221.11 crore
- Max Estates – ₹220 crore
- Embassy Developments – ₹198 crore
- Arvind Smartspaces (Ahmedabad) – ₹175 crore
- Arihant Superstructures – ₹150.6 crore
- Arkade Developers – ₹142 crore
- Ajmera Realty – ₹108 crore
- Suraj Estate Developers – ₹81 crore
Prestige and DLF Lead the Pack
Prestige Estates secured sales bookings of ₹12,126.4 crore in the first quarter, placing it at the top of the list. The company has been expanding aggressively across Bengaluru, Mumbai, and Delhi NCR, benefiting from strong demand for luxury and premium housing. DLF Ltd, India’s largest developer by market capitalization, ranked second with pre-sales of ₹11,425 crore. The majority of its quarterly sales were driven by luxury projects in Gurugram, underscoring the strength of the Delhi NCR market in absorbing high-value housing.
Residential Housing Dominates Demand
The majority of sales bookings came from residential properties, reaffirming the shift in consumer demand since the COVID-19 pandemic. Industry analysts note that buyers have become more risk-averse and are increasingly turning to branded developers with a proven track record of delivery. This trend has enabled larger firms to capture a higher share of the housing market compared to smaller or unlisted players.
Mid-Segment Developers Report Steady Numbers
Among other major developers, Bengaluru-based Sobha Ltd posted sales bookings of ₹2,079 crore, while Omaxe Ltd recorded ₹2,001 crore. Oberoi Realty Ltd reported ₹1,639 crore and Kalpataru Ltd achieved ₹1,249 crore in the June quarter. Puravankara Ltd and Brigade Enterprises Ltd, both based in Bengaluru, sold properties worth ₹1,124 crore and ₹1,118 crore, respectively. Keystone Realtors Ltd, which operates under the Rustomjee brand in Mumbai, reported pre-sales of ₹1,068 crore.
Sub-₹1,000 Crore Segment
A number of listed firms posted sales below ₹1,000 crore. Sunteck Realty achieved ₹657 crore, Pune-based Kolte-Patil Developers Ltd reported ₹616 crore, and Mahindra Lifespace Developers Ltd clocked ₹449 crore. Shriram Properties Ltd reported pre-sales of ₹441 crore, while Ashiana Housing Ltd’s bookings stood at ₹431 crore. Aditya Birla Real Estate Ltd and Raymond Realty Ltd posted sales of ₹422.5 crore and ₹306 crore, respectively. In Delhi NCR, TARC Ltd achieved ₹225 crore, while Lucknow-based Eldeco Housing & Industries Ltd sold properties worth ₹221.11 crore. Max Estates Ltd reported around ₹220 crore in sales.
Analysts note that sales bookings are an important metric of performance but do not immediately translate into revenue, as recognition is linked to project completion timelines. Despite this, the April–June quarter figures indicate that demand for residential housing remains strong across the country, with large developers benefitting disproportionately. For FY25, 26 major listed realty firms together reported sales of ₹1.62 lakh crore. Godrej Properties Ltd emerged as the top developer during that fiscal, with nearly ₹30,000 crore worth of sales bookings. The first quarter performance of FY26 suggests that momentum remains positive, with sustained demand in key urban centres such as Bengaluru, Mumbai, Pune, and Delhi NCR. Developers with strong brand equity and execution capability are expected to continue leading sales in the coming quarters, as the market consolidates further in favour of large, listed real estate companies.
Frequently Asked Questions
Which company led the Q1 FY26 sales bookings in India's real estate sector?
Prestige Estates Projects Ltd emerged as the top performer with sales bookings of ₹12,126.4 crore in the April–June quarter of FY26.
What is the total combined sales bookings of the 28 listed real estate firms in Q1 FY26?
The 28 publicly traded realty firms together achieved ₹52,842 crore in pre-sales during the April–June quarter of FY26.
Which segment of the housing market is dominating the sales?
Residential housing is dominating the sales, with buyers increasingly preferring branded developers with a proven track record of delivery.
Which cities are seeing the strongest demand for residential housing?
Key urban centres such as Bengaluru, Mumbai, Pune, and Delhi NCR are seeing the strongest demand for residential housing.
How do sales bookings translate into revenue for real estate developers?
Sales bookings are an important metric of performance but do not immediately translate into revenue. Revenue recognition is linked to project completion timelines.
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