Realty Sector Slides: Signature Global, DLF, and Prestige Shares Drop as NIFTY Realty Falls 2.5%
Shares of real estate companies, such as DLF, Signature Global, Anant Raj, and others, declined on the National Stock Exchange (NSE) on Monday, January 12, with the NIFTY Realty index slipping as much as 2.47% to an intraday low of 852.35.
At around 11:26 am, the index was trading 2.40% or 21 points lower at 853. Of the index’s 10 constituents, eight were trading in red, with Signature Global as the top laggard of the pack. It fell as much as 7.12% to a 52-week low of ₹935.90 per equity share.
The other top losers of the NIFTY Realty pack included Prestige Estate Projects (-3.26% to an intraday low of ₹1,513.10 apiece), DLF (-3.14%), Godrej Properties (-2.68%), Anant Raj (-3.28%), Oberoi Realty (-2.3%), Sobha (-3.2%), and The Phoenix Mills (-1.93%).
Signature Global
In a regulatory filing on Sunday, the company reported a 27% year-on-year (YoY) decline in its sales bookings to ₹2,020 crore in the third quarter of FY26, despite high festive demand for housing properties. “The overall market environment has turned softer and that has impacted us,” the realtor said.
The Gurugram-based company sold properties worth ₹2,770 crore in the December quarter of the 2024-25 fiscal year (Q3FY25). The company admitted that it would not be able to meet its pre-sale guidance of ₹12,700 crore for the full 2025-26 financial year (FY26), which it stated “looked comfortable a few months back.” It added that it will still attempt to maintain sales at the same levels as last year.
It sold 408 units during the December FY26 quarter, compared to 1,518 units in the year-ago period, the firm stated, adding that in terms of area, the sales bookings fell to 1.44 million sq ft from 2.49 million sq ft. Furthermore, its average sales realisations increased to ₹15,182 per square ft in the nine months ended December 21, compared to ₹12,457 per sq. ft, driven by increased sales in the premium market, as well as an increase across its key regions.
Its collections stood at ₹1,230 crore in Q3FY26, as against ₹1,080 crore in the year-ago period. “Our collections continue to improve, and we are relatively more sanguine on this front in terms of the guidance given,” it said.
Lodha Developers
Lodha Developers reported a 25% increase in sales bookings to ₹5,620 crore for the quarter ended December, driven by stronger demand for its housing properties. The company had posted sales bookings of ₹4,510 crore in the year-ago period. Lodha Developers exuded confidence that it will achieve the target of ₹21,000 crore in sales bookings this fiscal, driven by strong sales momentum in existing projects and a significant launch pipeline in the current quarter.
During the last fiscal, the company's sales bookings increased to ₹17,630 crore, as against ₹14,520 crore in the preceding year.
Housing Sales Dip 1% Last Year in Top 8 Cities
According to a report by Knight Frank India, housing sales declined 1% in 2025 to over 3.48 lakh units across eight major cities, with demand stagnating amid an average price rise of 19%. In a virtual press conference, Knight Frank India noted that the decline in interest rates on home loans, strong economic growth, and lower inflation were some of the key factors that helped in sustaining the housing demand during the 2025 calendar year, despite fears of an impending correction.
Knight Frank India CMD Shishir Baijal said the sales momentum continued last year despite a rise in weighted average prices. “The contribution of NRIs in housing sales has risen to 12-15% from single digit a decade ago,” he told reporters. On the outlook for 2026, Baijal said, “We are cautiously optimistic” for the residential market. “I think the lowering of interest rates and the improving affordability should hopefully continue to promote residential sales,” he said. The data pertains to the primary residential market only.
