Last Updated:
In regards to sales reservations, Godrej Properties became the biggest detailed gamer throughout July-September quarter with pre-sales of Rs 5,198 crore.
There were several realty gamers that reported sales in between Rs 500 crore and Rs 1,000 crore throughout the 2nd quarter of this . (Representative/ PTI File)
India’s 26 significant detailed realty companies have actually marketed homes worth virtually Rs 35,000 crore throughout the September quarter with Godrej Properties reporting highest possible sales reservations. According to the information put together from governing filings, the 26 significant detailed real estate companies have actually reported a consolidated sales reservations of Rs 34,985 crore in the 2nd quarter of the existing .
Bulk of pre-sales (sales reservations) originated from household sector.
In regards to sales reservations, Godrej Properties became the biggest detailed gamer throughout July-September quarter with pre-sales of Rs 5,198 crore.
Mumbai- based Macrotech Developers Ltd, which markets homes under the Lodha brand name, reported sales reservations of Rs 4,290 crore throughout the quarter under testimonial.
Delhi- NCR-based Max Estates marketed homes worth Rs 4,100 crore, while Bengaluru- based Prestige Estates Projects Ltd clocked sales reservations of Rs 4,022.6 crore throughout the quarter.
Delhi- NCR based Signature Global accomplished sales reservations of Rs 2,780 crore in the September quarter, driven by solid need for its real estate tasks at Gurugram.
DLF Ltd, the nation’s biggest real estate company in regards to market capitalisation, sales reservations decreased greatly throughout the July-September duration to Rs 692 crore as it did not introduce any kind of brand-new real estate task.
Among various other significant detailed gamers, Bengaluru- based Brigade Enterprises Ltd reported a sales reservations of Rs 1,821 crore throughout July-September duration of this , while Mumbai- based Oberoi Realty did pre-sales of Rs 1,442.46 crore.
Mumbai- based Aditya Birla Real Estate marketed homes worth Rs 1,412 crore.
Bengaluru- based Puravankara Ltd and Sobha Ltd clocked sales reservations of Rs 1,331 crore and Rs 1,178.5 crore, specifically.
Delhi- based TARC Ltd additionally carried out well and accomplished pre-sales of Rs 1,012 crore throughout the September quarter.
There were several gamers that reported sales in between Rs 500 crore and Rs 1,000 crore throughout the 2nd quarter of this .
Pune- based Kolte-Patil Developers Ltd marketed homes worth Rs 770 crore, while Mumbai- based Keystone Realtors (Rustomjee brand name) accomplished pre-sales of Rs 700 crore.
Delhi- based Ashiana Housing Ltd reported sales reservations of Rs 673 crore throughout the September quarter while Bengaluru- based Shriram Properties clocked pre-sales of Rs 568 crore.
Mumbai- based companies Raymond Ltd and Sunteck Realty Ltd marketed homes worth Rs 562 crore and Rs 524 crore, specifically.
Among detailed companies that scheduled much less than Rs 500 crore, Ahmedabad- based Arvind Smartspaces marketed homes worth Rs 464 crore throughout the July-September duration.
Mumbai- based Mahindra Lifespace Developers Ltd accomplished a sales reservations of Rs 397 crore.
Mumbai- based real estate professionals Arihant SuperstructuresLtd, Ajmera Realty & & Infrastructure Ltd andArkade Developers Ltd reported sales reservations of Rs 270.8 crore, Rs 254 crore and Rs 215 crore, specifically.
Suraj Estate Developers marketed homes worth Rs 107 crore, while Lucknow- based Eldeco Housing & & Industries Ltd clocked pre-sales of Rs 102.9 crore.
Mumbai- based Equinox India Developments Ltd (earlier Indiabulls Real Estate Ltd) accomplished pre-sales of simple Rs 98 crore throughout the 2nd quarter of this .
Sales reservations of several detailed entities have actually decreased in the 2nd quarter of 2024-25 as a result of unpromising Shraadh duration, gale rainfall and additionally absence of governing authorizations to introduce their tasks.
For instance, DLF Ltd’s pre-sales dove to Rs 692 crore in the September quarter from Rs 6,404 crore in the very first quarter of this monetary.
Sales reservations information of several detailed gamers was not offered on the stock market. Post-Covid pandemic, the household realty sector has actually revitalized highly as a result of stifled need expanding need to have homeownership.
Housing costs as well have actually valued substantially.
Housing market is observing a change in customer need in the direction of those real estate firms and brand names which have much better performance history of implementing realty tasks.
Real estate programmers, which are not detailed on stock market, normally do not report their quarterly and yearly sales reservations.
Branded and reputed gamers, consisting of both detailed and unpublished ones, have actually profited most in this rebirth cycle as property buyers do not wish to take threat of obtaining embeded realty tasks after paying.
Thousands of customers of several NCR-based building contractors, like Unitech and Jaypee Infratech, are stuck and combating lawful situations in realty governing authorities at the state-level, tribunals, and courts.
(This tale has actually not been modified by News 18 personnel and is released from a syndicated information company feed – PTI)
