New Delhi, June 25: India’s listed real estate developers reported strong growth in housing demand during the financial year 2025-26, with 28 major listed real estate companies collectively achieving sales bookings of nearly ₹1.95 lakh crore, according to data compiled from investor presentations.
The combined pre-sales value marked a growth of around 17 per cent compared to over ₹1.66 lakh crore recorded in the previous fiscal year, highlighting continued buyer confidence and the strengthening position of branded developers in India’s residential real estate market.
Mumbai-based Godrej Properties retained its position as the country’s largest listed real estate company in terms of sales bookings, recording pre-sales of ₹34,171 crore in FY26 compared to ₹29,444 crore in FY25.
Bengaluru-based Prestige Estates Projects Ltd emerged as the second-largest player, with sales bookings rising significantly to ₹30,024 crore from ₹17,023 crore in the previous year. Lodha Developers Ltd secured the third position with sales bookings of ₹20,530 crore, up from ₹17,630 crore.
DLF Ltd, India’s largest real estate company by market capitalisation, ranked fourth with pre-sales of ₹20,143 crore, while Signature Global Ltd stood fifth with sales bookings of ₹8,250 crore.
Together, the top five developers contributed nearly 60 per cent of the total sales bookings recorded by the 28 listed real estate companies during FY26.
Industry experts attributed the growth in housing sales value to sustained demand, premium housing launches, and price appreciation across key markets. They also noted that listed developers continue to gain market share as homebuyers increasingly prefer companies with stronger financial capabilities, execution track records, and brand credibility.
Among other major developers, Aditya Birla Real Estate Ltd (ABREL) recorded sales bookings of ₹8,136 crore, while Sobha Ltd reported ₹8,135 crore. Brigade Enterprises Ltd achieved pre-sales of ₹7,424 crore, followed by Puravankara Ltd at ₹7,407 crore.
Mumbai-based Oberoi Realty Ltd posted sales bookings of ₹5,447 crore, while Max Estates Ltd recorded ₹5,305 crore and Kalpataru Ltd reported ₹5,280 crore in pre-sales.
Several developers reported sales bookings between ₹2,000 crore and ₹5,000 crore during FY26. These included Embassy Developments Ltd at ₹4,631 crore, Keystone Realtors Ltd at ₹4,022 crore, Mahindra Lifespace Developers Ltd at ₹3,405 crore, Sunteck Realty Ltd at ₹3,157 crore, Raymond Realty Ltd at ₹3,023 crore, and Kolte-Patil Developers Ltd at ₹2,605 crore.
In the ₹1,000 crore–₹2,000 crore category, Ajmera Realty & Infrastructure Ltd recorded sales bookings of ₹1,701 crore, Arvind SmartSpaces Ltd reported ₹1,550 crore, TARC Ltd achieved ₹1,373 crore, and Sri Lotus Developers Ltd posted ₹1,157 crore.
Developers with sales bookings below ₹1,000 crore included Arihant Superstructures Ltd at ₹977.4 crore, Arkade Developers Ltd at ₹901 crore, Eldeco Housing & Industries Ltd at ₹744 crore, and Suraj Estate Developers Ltd at ₹615 crore.
While several listed developers reported strong operational performance, some companies witnessed a decline in sales bookings during the year. Revenue recognition for these bookings remains linked to project completion timelines.
The growing importance of sales bookings as a performance metric reflects increasing investor and consumer focus on project execution, financial strength, and future growth visibility. Unlike listed entities, many privately held real estate developers do not publicly disclose quarterly or annual sales booking figures.
