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Real estate market: Major listed firms sell over Rs 1 lakh crore properties; Godrej leads

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Real estate market: Major listed firms sell over Rs 1 lakh crore properties; Godrej leads

India’s top listed real estate firms recorded a blockbuster performance last fiscal, with property sales surging past Rs 1.62 lakh crore, marking a jump of over 20% from the previous year. Leading the charge was Godrej Properties, which emerged as the biggest seller among 26 major listed players, clocking pre-sales worth Rs 29,444 crore.The data, compiled from investor presentations and regulatory filings, shows that the growth was largely powered by residential projects, particularly in the luxury segment, while commercial sales made up a smaller share.DLF Ltd, the country’s largest developer by market capitalisation, secured the second spot with Rs 21,223 crore in bookings, up from Rs 14,778 crore in the previous fiscal. The company’s standout performer was its ultra-luxury project The Camellias in Gurugram, which saw strong buyer interest.Mumbai-based Macrotech Developers, known for its Lodha brand, followed close behind with Rs 17,630 crore in bookings, a rise from Rs 14,520 crore a year ago. Prestige Estates Projects and Signature Global rounded out the top five, with the latter nearly touching Rs 10,300 crore.The rest of the pack saw varied performance. Aditya Birla Real Estate saw sales double to Rs 8,087 crore, while Brigade Enterprises and Max Estates also registered solid growth. On the other hand, Sobha Ltd, Puravankara Ltd, and Prestige Estates Projects reported slight declines in sales.Among developers with below Rs 5,000 crore bookings, Delhi-based TARC Ltd, Mahindra Lifespace Developers, and Mumbai’s Keystone Realtors (Rustomjee) showed healthy year-on-year gains.Even smaller players such as Arkade Developers, Suraj Estate Developers, and Lucknow-based Eldeco Housing posted modest but consistent sales, signalling broad-based resilience in the sector.Market experts credited the strong performance of listed firms to the shift in consumer preference towards branded and reputed players who have better track record of executing real estate projects.





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