India’s 28 big listed real estate firms’ collective sales bookings fell 21 per cent to nearly ₹40,000 crore in the latest June quarter due to lower volumes, as some big developers refrained from launching housing projects amid global economic uncertainties.
According to data compiled from investor presentations, total combined sales bookings, or pre-sales, of the 28 major listed real estate companies stood at ₹39,964 crore in the first quarter of 2026-27 compared to ₹50,900 crore in the year-ago period.
The housing segment contributed the bulk of the sales booking numbers.
Godrej Properties became the largest listed real estate developer in terms of sales bookings. The company sold properties worth ₹8,651 crore in the June quarter against ₹7,082 crore in the year-ago period.
Out of 28, 19 developers have reported growth in pre-sales.
They are Godrej Properties, Lodha, Sobha, Max Estates, Puravankara, Kalpataru, Embassy Developments, Mahindra Lifespace, Raymond Realty, Sunteck Realty, Kolte-Patil, Shriram Properties, Ajmera Realty, Arvind SmartSpaces, TARC, Sri Lotus Developers, Arihant Superstructures, Arkade and Suraj Estate.
In contrast, nine listed realty firms — DLF, Prestige, Oberoi Realty, Signature Global, Aditya Birla Real Estate, Brigade, Ashiana Housing and Eldeco — have reported a decline in sales bookings.
According to data, Bengaluru-based Prestige Estates Projects Ltd grabbed the second position with sales bookings of ₹6,579.3 crore in the April-June quarter of 2026-27. The company’s pre-sales stood at ₹12,126.4 crore a year ago.
Mumbai-based Lodha Developers Ltd’s pre-sales rose to ₹4,630 crore from ₹4,450 crore.
Bengaluru-based Sobha Ltd sales jumped to ₹3,656 crore from ₹2,079 crore.
Signature Global Ltd stood at fifth position, even as its sales fell to ₹1,970 crore from ₹2,640 crore.
Sales bookings of DLF Ltd, India’s largest realty firm in terms of market capitalisation, plunged to just ₹657 crore from ₹11,425 crore. The company did not launch any project in the first quarter of FY27.
Aditya Birla Real Estate Ltd’s (ABREL) pre-sales also fell to ₹329 crore from ₹422 crore.
Among other players, Bengaluru-based Puravankara Ltd’s sales bookings rose to ₹1,439 crore in April-June 2026 from ₹1,124 crore in the year-ago period.
Kalpataru Ltd’s sales bookings grew to ₹1,329 crore from ₹1,249 crore, while Max Estates pre-sales shot up to ₹1,093 crore from ₹217 crore.
However, Brigade Enterprises Ltd’s sales bookings dipped to ₹1,061 crore from ₹1,118 crore.
Oberoi Realty Ltd’s sales bookings too fell to ₹1,049.88 crore from ₹1,638.68 crore.
Sales bookings of Mahindra Lifespace Developers Ltd more than doubled to ₹925 crore from ₹449 crore.
Bengaluru-based Embassy Developments Ltd’s sales bookings jumped multi-fold to ₹868 crore from ₹198 crore.
Mumbai-based Sunteck Realty Ltd pre-sales grew to ₹787 crore from ₹657 crore, while the sales bookings of Raymond Realty Ltd jumped over two-fold to ₹700 crore from ₹306 crore.
Kolte-Patil Developers Ltd clocked pre-sales of ₹617 crore in the latest June quarter against ₹616 crore in the year-ago period.
Mumbai-based Keystone Realtors Ltd’s sales bookings fell to ₹617 crore from ₹1,068 crore.
Delhi-based TARC Ltd’s pre-sales jumped to ₹602 crore from ₹225 crore.
Bengaluru-based Shriram Properties Ltd clocked sales bookings of ₹484 crore in the June quarter compared to ₹441 crore a year ago.
Ahmedabad-based Arvind SmartSpaces Ltd’s sales bookings rose sharply to ₹432 crore from ₹175 crore.
Sales bookings of Mumbai-based Sri Lotus Developers Ltd jumped to ₹409 crore from ₹61 crore.
Delhi-NCR-based Ashiana Housing Ltd, which focuses on senior living homes, reported a drop in pre-sales to ₹358 crore from ₹431 crore.
Mumbai-headquartered Arihant Superstructures Ltd’s sales bookings rose to ₹173.1 crore from ₹150.6 crore.
Sales bookings of Arkade Developers Ltd increased to ₹155.1 crore from ₹142 crore.
Mumbai-based Ajmera Realty & Infrastructure Ltd pre-sales rose to ₹146 crore from ₹108 crore.
Mumbai-based Suraj Estate Developers Ltd’s sales bookings grew to ₹141 crore from ₹81 crore.
Lastly, Lucknow-based Eldeco Housing & Industries Ltd reported a fall in pre-sales to ₹105.7 crore during the April-June quarter of 2026-27 from ₹221.1 crore in the year-ago period.
Real estate consultants attributed the fall in collective sales of these listed players to factors, including no fresh launches by key companies, a high base effect, and cautious sentiment among prospective homebuyers, due to global economic uncertainties amid the West Asia conflict.
They hoped that sales numbers would revive from the second quarter onwards.
Many listed players do not report sales booking numbers, which have become an important metric to evaluate the operational performance of any company.
Revenue recognition of the sales bookings done 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.
