Table of Content
- Prestige Estates Leads the Pack
- DLF, Godrej, Lodha & Signature Global Among Top Performers
- Residential Real Estate Demand Surges Post-Pandemic
- Performance of Other Prominent Developers
- Developers with Sub-₹1,000 Crore Sales
- Revenue Recognition & Industry Trends
- Key Growth Drivers
- Outlook for FY26 and Beyond
- Conclusion
India’s real estate sector continued its strong growth momentum during the April–June quarter of FY26, with listed developers posting remarkable sales performance. As per regulatory disclosures, realty firms sell properties collectively valued at nearly ₹52,842 crore during this period. This reflects the industry’s ongoing post-pandemic revival, largely fueled by rising demand for branded residential projects and increased homebuyer confidence, particularly in metro and urban markets.
Prestige Estates Leads the Pack
Bengaluru-headquartered Prestige Estates Projects Ltd secured the top position among all listed developers in Q1 FY26. The company reported pre-sales worth ₹12,126.4 crore, contributing a significant share to the total market bookings. Prestige’s dominance stems from its expanding presence across major cities and its robust portfolio of premium residential offerings. Bengaluru’s buoyant housing demand combined with Prestige’s reputation for delivering quality projects has helped it outperform its peers.
Also Read: UP Govt to Introduce QR Code-Based Property Ownership Verification by 2026
DLF, Godrej, Lodha & Signature Global Among Top Performers
DLF Ltd, India’s largest listed realty firm by market value, claimed the second spot with sales bookings of ₹11,425 crore. Its strong performance was largely driven by luxury residential launches in Gurugram, a market that continues to attract high-net-worth individuals.
Godrej Properties followed with ₹7,082 crore in pre-sales, Lodha Developers posted ₹4,450 crore, and Signature Global achieved ₹2,640 crore in bookings. Collectively, these five leading players accounted for over 70% of the overall sales among all 28 listed firms.
Residential Real Estate Demand Surges Post-Pandemic
The bulk of the bookings in Q1 FY26 came from residential projects. Since COVID-19, there has been a structural shift in housing demand driven by lifestyle changes, an increased preference for owned homes, and rising trust in branded developers. Buyers now prioritize quality, transparency, and timely project delivery. Both mid-income and luxury segments have emerged as key growth drivers, with affordable housing continuing to maintain traction in select micro-markets.
Performance of Other Prominent Developers
Outside the top five, several other developers reported robust sales figures:
- Sobha Ltd: ₹2,079 crore
- Omaxe Ltd: ₹2,001 crore
- Oberoi Realty: ₹1,639 crore
- Kalpataru Ltd: ₹1,249 crore
- Brigade Enterprises & Puravankara Ltd: both crossed ₹1,000 crore
- Keystone Realtors (Rustomjee): ₹1,068 crore
In addition, Sunteck Realty, Kolte-Patil Developers, Mahindra Lifespace, and Shriram Properties recorded steady mid-segment performances, reflecting widespread housing demand across regions and price brackets.
Developers with Sub-₹1,000 Crore Sales
Smaller but notable contributors also added to the sector’s growth in Q1 FY26:
- Ashiana Housing: ₹431 crore
- Aditya Birla Real Estate: ₹422.5 crore
- Raymond Realty: ₹306 crore
- TARC Ltd (Delhi-NCR): ₹225 crore
- Eldeco Housing & Industries (Lucknow): ₹221.11 crore
- Embassy Developments: ₹198 crore
- Arvind Smartspaces: ₹175 crore
- Arihant Superstructures: ₹150.6 crore
- Arkade Developers: ₹142 crore
- Ajmera Realty: ₹108 crore
- Suraj Estate Developers: ₹81 crore
These numbers highlight how realty firms sell properties across diverse markets, contributing to the sector’s overall strength and regional balance.
Revenue Recognition & Industry Trends
It’s essential to understand that sales bookings differ from recognized revenue. Developers recognize revenue as projects progress, meaning income from these sales will reflect gradually. Some listed companies are yet to disclose their quarterly numbers, which could push totals even higher.
In FY25, 26 major listed developers together achieved sales worth ₹1.62 lakh crore, with Godrej Properties leading the year at nearly ₹30,000 crore. The strong Q1 FY26 performance suggests that this upward growth trajectory remains intact.
Key Growth Drivers
Multiple factors have contributed to the sector’s current momentum:
- Rising buyer preference for branded housing and reputable developers
- Growing disposable incomes and better affordability
- Limited ready-to-move inventory in key markets
- Rapid urbanization and major infrastructure upgrades across Tier-1 and Tier-2 cities
- Developers’ focus on premium and luxury launches that resonate with evolving buyer needs
These factors collectively ensure that realty firms sell properties successfully across different market segments.
Also Read: UP Govt to Introduce QR Code-Based Property Ownership Verification by 2026
Outlook for FY26 and Beyond
The outlook for India’s real estate industry is highly optimistic. Continued urban migration, infrastructure expansion, and steady income growth will fuel housing demand further. Market leaders like Prestige Estates, DLF, and Godrej are expected to maintain their dominance, while consolidation trends will allow established players to capture a larger share.
The April–June quarter also demonstrates that branded developers are increasingly becoming homebuyers’ preferred choice, ensuring greater transparency and reducing investment risks.
Conclusion
Q1 FY26 reaffirms the resilience and upward trajectory of India’s real estate sector. Realty firms sell properties worth over ₹53,000 crore, with Prestige Estates taking the lead, followed by DLF, Godrej, Lodha, and Signature Global.
The ongoing rise in housing demand, combined with innovative project launches and improved buyer sentiment, indicates a promising future. Going forward, sustained affordability, supportive regulations, and urban infrastructure development will play pivotal roles in driving the sector’s next phase of growth.
Follow AquireAcers Whatsapp Channel to Stay Updated With The Latest Real Estate News
_1756192943.webp)
 (1)_1756191936.webp)
Ans 1. In the April–June quarter of FY26, 28 listed real estate companies collectively sold properties worth around ₹52,842 crore. This reflects strong post-pandemic demand for branded housing, especially in metro and urban markets.
Ans 2. Prestige Estates Projects Ltd led the list with pre-sales of ₹12,126.4 crore, driven by its premium residential projects and growing presence across major cities, particularly Bengaluru.
Ans 3. DLF ranked second with ₹11,425 crore in bookings, followed by Godrej Properties at ₹7,082 crore, Lodha Developers at ₹4,450 crore, and Signature Global with ₹2,640 crore. Together, these five firms contributed over 70% of the total sales.
Ans 4. The majority of sales came from residential real estate. Lifestyle changes after COVID-19, preference for owned homes, and trust in branded developers have boosted both mid-income and luxury segments, with affordable housing holding steady in some areas.
Ans 5. Beyond the top five, companies like Sobha, Omaxe, Oberoi Realty, Kalpataru, Brigade, Puravankara, and Rustomjee also posted solid sales ranging between ₹1,000 crore and ₹2,000 crore. Smaller players such as Ashiana, Raymond Realty, Eldeco, and Arvind Smartspaces reported steady contributions below ₹1,000 crore.
Ans 6. No. Bookings represent agreements with buyers, while recognized revenue is reported as construction progresses. The actual revenue from these sales will reflect gradually in future quarters.
Ans 7. Growth is fueled by rising demand for branded housing, higher disposable incomes, limited ready-to-move supply, infrastructure upgrades, and developers focusing on premium launches that appeal to evolving buyer needs.
Ans 8. In FY25, major listed developers achieved sales worth ₹1.62 lakh crore. The robust Q1 FY26 performance suggests that this upward trend is continuing, signaling strong momentum for the rest of the year.
Ans 9. Buyers increasingly prefer reputed developers due to quality assurance, transparency, and timely project delivery. This trend reduces investment risk and improves overall confidence in the real estate market.
Ans 10. The industry outlook is positive, driven by urban migration, infrastructure growth, and sustained affordability. Leading developers are expected to maintain dominance while consolidation allows established players to gain a larger share.