(BS)
Twenty six of India’s largest listed real estate firms have reported combined sales bookings of nearly Rs 35,000 crore during the September quarter of the fiscal year 2024-25 and the bulk of these sales, driven by strong demand in the residential segment, reflects the ongoing recovery in the housing market post-pandemic, reported PTI after compiling data from regulatory filings.
These firms reported a combined total of Rs 34,985 crore in sales bookings for Q2 FY25. Godrej Properties emerged as the standout performer, with pre-sales of Rs 5,198 crore during the July-September period, leading the pack as the largest listed real estate player. Strong Demand: The strong demand for residential properties, particularly in key markets like Delhi-NCR, Mumbai, and Bengaluru, has fueled the growth.
Strong Sales Across Key Players
Other notable players who saw strong sales include Mumbai-based Macrotech Developers Ltd (selling properties under the Lodha brand), which reported sales of Rs 4,290 crore in the September quarter. Delhi-NCR’s Max Estates clocked Rs 4,100 crore in sales bookings, while Bengaluru’s Prestige Estates Projects achieved Rs 4,022.6 crore. Signature Global, known for its housing projects in Gurugram, reported Rs 2,780 crore in pre-sales during the quarter.
