New Delhi, March 2 Sales bookings for India's five major listed real estate firms rose 20 percent to nearly Rs 84,000 crore in the first nine months of this fiscal, driven mainly by strong demand for luxury homes.
According to data compiled from regulatory filings, the total combined sales bookings or pre-sales of 28 major listed realtors stood at Rs 1,32,569 crore during the April-December period of the 2025-26 financial year, driven mainly by strong demand for premium and luxury homes.
Of this, the five major listed players – Godrej Properties, Prestige Estates Projects Ltd, DLF Ltd, Lodha Developers Ltd, and Signature Global Ltd – contributed 63 percent to the total pre-sales.
Mumbai-based Godrej Properties Ltd recorded the highest sales bookings at Rs 24,008 crore in the first nine months of this fiscal, followed by Bengaluru-based Prestige Estates at Rs 22,327.3 crore.
Delhi-NCR-based DLF Ltd, the country's largest realty firm in terms of market capitalization, stood at the third position, with pre-sales of Rs 16,176 crore.
Mumbai-based Lodha Developers sold properties worth Rs 14,640 crore, ranking fourth, while Delhi-NCR-based Signature Global achieved sales bookings of Rs 6,680 crore, emerging as the fifth largest listed realty firm in terms of pre-sales.
The combined sales bookings of these five listed players rose to Rs 83,831.3 crore during the April-December period of the 2025-26 fiscal, compared to Rs 70,023.7 crore in the corresponding period of the preceding year.
Following the COVID-19 pandemic, listed real estate developers have gained market share in housing sales, as homebuyers are preferring brands with better financial capabilities to execute projects.
Among other listed players, Bengaluru-based Sobha Ltd and Brigade Enterprises Ltd sold properties worth Rs 6,096.7 crore and Rs 4,903 crore, respectively.
Bengaluru-based Puravankara Ltd achieved pre-sales of Rs 3,859 crore.
Mumbai-based Aditya Birla Real Estate, Oberoi Realty, and Kalpataru Ltd posted sales bookings of Rs 3,848.1 crore, Rs 3,774.09 crore, and Rs 3,447 crore, respectively.
Sales bookings of Mumbai-based KeystoneRealtors, which sells homes under the Rustomjee brand, stood at Rs 2,676 crore.
Mumbai-based Sunteck Realty achieved sales bookings of Rs 2,093 crore. Embassy Developments Ltd posted pre-sales of Rs 1,999 crore, while Delhi-NCR-based Max Estates Ltd sold properties worth Rs 1,900 crore.
Pune-based Kolte-Patil Developers' pre-sales stood at Rs 1,891 crore, while Mumbai-based Mahindra Lifespace Developers Ltd clocked Rs 1,773 crore of sales bookings.
Bengaluru-based Shriram Properties Ltd achieved pre-sales of Rs 1,691 crore. Sales bookings of Mumbai-based Raymond Realty Ltd and Ajmera Realty & Infrastructure Ltd stood at Rs 1,504 crore and Rs 1,431 crore, respectively.
Delhi-NCR-based Ashiana Housing's pre-sales stood at Rs 1,131.44 crore, while TARC Ltd sold properties worth Rs 977 crore.
Ahmedabad-based Arvind Smartspaces' sales bookings stood at Rs 938 crore.
Sales bookings of Mumbai-based Sri Lotus Developers, Arihant Superstructures Ltd, and Arkade Developers were Rs 695 crore, Rs 664.2 crore, and Rs 598 crore, respectively.
Sales bookings of Mumbai-based Suraj Estate Developers stood at Rs 234 crore.
Lastly, Lucknow-based Eldeco Housing & Industries Ltd achieved pre-sales of Rs 361.2 crore during the first nine months of the 2025-26 financial year.
Many listed players did not report their sales bookings numbers, which have become an important metric to evaluate their operational performances.
Revenue recognition of the sales bookings achieved by these developers 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 Rs 1.62 lakh crore.
Godrej Properties Ltd was the largest player last fiscal in terms of sales bookings as it sold properties worth nearly Rs 30,000 crore.
According to property consultants and data analytic firms like Anarock, PropEquity, and PropTiger, housing sales in volume terms fell during the 2025 calendar year but grew in value terms.
The growth in sales value was because of price appreciation post COVID pandemic coupled with increase in launches and sales of homes costing above Rs 1 crore per unit.