New Delhi: India's 28 big listed real estate firms' collective sales bookings fell 21 per cent to nearly Rs 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 Rs 39,964 crore in the first quarter of 2026-27 compared to Rs 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 Rs 8,651 crore in the June quarter against Rs 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 Rs 6,579.3 crore in the April-June quarter of 2026-27. The company's pre-sales stood at Rs 12,126.4 crore a year ago.Mumbai-based Lodha Developers Ltd's pre-sales rose to Rs 4,630 crore from Rs 4,450 crore.Bengaluru-based Sobha Ltd sales jumped to Rs 3,656 crore from Rs 2,079 crore.Signature Global Ltd stood at fifth position, even as its sales fell to Rs 1,970 crore from Rs 2,640 crore.Sales bookings of DLF Ltd, India's largest realty firm in terms of market capitalisation, plunged to just Rs 657 crore from Rs 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 Rs 329 crore from Rs 422 crore.Among other players, Bengaluru-based Puravankara Ltd's sales bookings rose to Rs 1,439 crore in April-June 2026 from Rs 1,124 crore in the year-ago period.Kalpataru Ltd's sales bookings grew to Rs 1,329 crore from Rs 1,249 crore, while Max Estates pre-sales shot up to Rs 1,093 crore from Rs 217 crore.However, Brigade Enterprises Ltd's sales bookings dipped to Rs 1,061 crore from Rs 1,118 crore.Oberoi Realty Ltd's sales bookings too fell to Rs 1,049.88 crore from Rs 1,638.68 crore.Sales bookings of Mahindra Lifespace Developers Ltd more than doubled to Rs 925 crore from Rs 449 crore.Bengaluru-based Embassy Developments Ltd's sales bookings jumped multi-fold to Rs 868 crore from Rs 198 crore.Mumbai-based Sunteck Realty Ltd pre-sales grew to Rs 787 crore from Rs 657 crore, while the sales bookings of Raymond Realty Ltd jumped over two-fold to Rs 700 crore from Rs 306 crore.Kolte-Patil Developers Ltd clocked pre-sales of Rs 617 crore in the latest June quarter against Rs 616 crore in the year-ago period.Mumbai-based Keystone Realtors Ltd's sales bookings fell to Rs 617 crore from Rs 1,068 crore.Delhi-based TARC Ltd's pre-sales jumped to Rs 602 crore from Rs 225 crore.Bengaluru-based Shriram Properties Ltd clocked sales bookings of Rs 484 crore in the June quarter compared to Rs 441 crore a year ago.Ahmedabad-based Arvind SmartSpaces Ltd's sales bookings rose sharply to Rs 432 crore from Rs 175 crore.Sales bookings of Mumbai-based Sri Lotus Developers Ltd jumped to Rs 409 crore from Rs 61 crore.Delhi-NCR-based Ashiana Housing Ltd, which focuses on senior living homes, reported a drop in pre-sales to Rs 358 crore from Rs 431 crore.Mumbai-headquartered Arihant Superstructures Ltd's sales bookings rose to Rs 173.1 crore from Rs 150.6 crore.Sales bookings of Arkade Developers Ltd increased to Rs 155.1 crore from Rs 142 crore.Mumbai-based Ajmera Realty & Infrastructure Ltd pre-sales rose to Rs 146 crore from Rs 108 crore.Mumbai-based Suraj Estate Developers Ltd's sales bookings grew to Rs 141 crore from Rs 81 crore.Lastly, Lucknow-based Eldeco Housing & Industries Ltd reported a fall in pre-sales to Rs 105.7 crore during the April-June quarter of 2026-27 from Rs 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.
Sales bookings of 28 major listed realty firms fall 21% to Rs 40,000 crore in Apr-Jun; Godrej tops chart
A recent analysis revealed that leading Indian real estate firms experienced a twenty-one percent decline in sales bookings, primarily due to a reduction in housing project launches amid ongoing global economic challenges. Godrej Properties took the lead as the top developer based on sales figures. While numerous companies reported increases, others struggled significantly. Analysts expect a rebound in sales may begin in the second quarter.








