India‘s 26 major listed real estate companies have sold properties worth about Rs 35,000 crore during the July-September quarter. Among these, Godrej Properties has the highest sales booking. According to data received from the stock markets, 26 major listed real estate companies have jointly booked sales worth Rs 34,985 crore in the second quarter of the current financial year (July-September). A large part of the sales booking has come from the housing sector. Godrej Properties, which topped in terms of sales booking, booked sales worth Rs 5,198 crore during the July-September quarter.
Microtech Developers booked sales of Rs 4,290 crore.
Mumbai-based Macrotech Developers Ltd, which sells properties under the Lodha brand, recorded sales bookings of Rs 4,290 crore during the quarter under review. Delhi-NCR-based Max Estates sold properties worth Rs 4,100 crore. While Bengaluru-based Prestige Estates Projects Ltd recorded sales bookings of Rs 4,022.6 crore during the quarter. Delhi-NCR-based Signature Global achieved sales bookings of Rs 2,780 crore in the September quarter.
DLF has not launched any new housing project
Sales bookings of DLF Ltd, the country’s largest realty firm by market capitalization, fell sharply to Rs 692 crore during the July-September period as the company did not launch any new housing project. Among other major listed players, Bengaluru-based Brigade Enterprises Ltd reported sales bookings of Rs 1,821 crore during the July-September period of the current fiscal. While Mumbai-based Oberoi Realty reported sales bookings of Rs 1,442.46 crore. Mumbai-based Aditya Birla Real Estate sold properties worth Rs 1,412 crore. Bengaluru-based Puravankara Ltd and Sobha Ltd recorded sales bookings of Rs 1,331 crore and Rs 1,178.5 crore, respectively. Delhi-based TARC Ltd also performed well and booked sales of Rs 1,012 crore during the September quarter.