India's Top Real Estate Developers See 20% Sales Surge in FY 2025-26
India's Top Real Estate Developers See 20% Sales Surge

India's top five listed real estate developers have recorded a significant surge in sales bookings, with a nearly 20% increase to Rs 84,000 crore during the first nine months of the 2025–26 fiscal year. This growth is primarily buoyed by sustained and robust demand for premium and luxury homes across the country.

Market Share and Performance of Major Players

According to data compiled from regulatory filings, 28 major listed developers together registered combined pre-sales of Rs 1,32,569 crore in the April–December 2025–26 period. The country's five largest listed players accounted for a dominant 63% of these total bookings, highlighting their strong market position.

Leading Developers and Their Sales Figures

Mumbai-based Godrej Properties led the pack with impressive sales bookings worth Rs 24,008 crore, followed closely by Prestige Estates at Rs 22,327.3 crore. Delhi-NCR's DLF Ltd, which is the country's biggest realty firm by market capitalisation, reported pre-sales of Rs 16,176 crore, while Lodha Developers logged Rs 14,640 crore. Signature Global rounded off the top five with sales bookings of Rs 6,680 crore.

Collectively, these firms' pre-sales grew to Rs 83,831.3 crore from Rs 70,023.7 crore in the same period last year, marking a substantial year-on-year increase.

Post-Pandemic Market Dynamics

Post the COVID-19 pandemic, branded and listed developers have steadily expanded their market share. Homebuyers are increasingly gravitating toward firms with stronger financial capabilities and proven records of timely delivery, which has fueled this growth.

Notable Performers Beyond the Top Five

Among other notable players, Sobha Ltd posted pre-sales of Rs 6,096.7 crore, Brigade Enterprises reported Rs 4,903 crore, and Puravankara Ltd achieved Rs 3,859 crore. Mumbai-headquartered firms such as Aditya Birla Real Estate, Oberoi Realty, and Kalpataru Ltd reported bookings of Rs 3,848 crore, Rs 3,774 crore, and Rs 3,447 crore, respectively.

Industry Insights and Trends

Industry experts and property consultants, including Anarock, PropEquity, and PropTiger, have noted that while overall housing sales volumes dipped in the 2025 calendar year, the total value of deals rose significantly. This increase is attributed to price appreciation and strong, sustained demand for homes priced above Rs 1 crore.

During the 2024–25 fiscal year, 26 major listed real estate firms together achieved pre-sales of Rs 1.62 lakh crore, with Godrej Properties leading the way by recording nearly Rs 30,000 crore in property sales. This historical context underscores the ongoing growth trajectory in the sector.