Indian Realty Giants Record ₹53,000 Crore Sales in Q1; Prestige Group Leads

India’s 28 Listed Realty Firms Sell ₹53,000 Crore in Q1; Prestige Estates Tops.

India’s 28 listed real estate companies collectively sold properties worth nearly ₹53,000 crore in the April-June quarter of FY26, with Bengaluru-based Prestige Estates Projects Ltd leading the pack with pre-sales of ₹12,126 crore, according to regulatory filings.

DLF Ltd, India’s largest realty firm by market capitalisation, recorded pre-sales of ₹11,425 crore, driven by the Gurugram luxury housing market. Mumbai-based Godrej Properties clocked ₹7,082 crore, Lodha Developers ₹4,450 crore, and Signature Global ₹2,640 crore. Together, these top five firms contributed 71% of total pre-sales among the 28 listed players.

Residential properties accounted for the bulk of sales, reflecting strong post-pandemic demand for established developers.

Other notable performers included Sobha Ltd (₹2,079 crore), Omaxe Ltd (₹2,001 crore), Oberoi Realty Ltd (₹1,639 crore), Kalpataru Ltd (₹1,249 crore), Puravankara Ltd (₹1,124 crore), and Brigade Enterprises Ltd (₹1,118 crore). Keystone Realtors, operating under the Rustomjee brand, posted ₹1,068 crore in pre-sales.

Several firms reported pre-sales below ₹1,000 crore: Sunteck Realty (₹657 crore), Kolte-Patil Developers (₹616 crore), Mahindra Lifespace (₹449 crore), Shriram Properties (₹441 crore), Ashiana Housing (₹431 crore), Aditya Birla Real Estate (₹423 crore), Raymond Realty (₹306 crore), TARC Ltd (₹225 crore), Eldeco Housing & Industries (₹221 crore), Max Estates (₹220 crore), Embassy Developments (₹198 crore), and Arvind Smartspaces (₹175 crore). Smaller developers recorded pre-sales ranging from ₹81 crore to ₹150 crore.

Some listed companies have not disclosed their sales bookings, a key metric in evaluating real estate performance. Revenue recognition is tied to project completion, so pre-sales figures may take time to reflect in reported revenues.

For comparison, in FY25, India’s 26 major listed realty firms sold properties worth ₹1.62 lakh crore, with Godrej Properties topping the chart at nearly ₹30,000 crore in pre-sales.