India Realty Pre-Sales May Rise 22.3% to ₹1.82 Lakh Crore in FY2027

Listed developers target stronger sales in FY2027

Property Pulse

India’s organised residential real estate sector is expected to maintain its growth momentum in FY2027, with pre-sales of 11 listed developers projected to reach ₹1.82 lakh crore, according to Anarock. The estimate represents a 22.3 per cent increase from the ₹1.49 lakh crore recorded by the companies in FY2026. The projected growth comes even as housing sales by volume are moderating.

Anarock attributes the increase in booking values to sustained end-user demand, new project launches, buyer confidence and a continued shift towards larger and more expensive homes. Among others, Oberoi Realty is expected to record the strongest percentage increase among the 11 listed developers, with pre-sales projected to rise from ₹5,400 crore in FY2026 to around ₹13,000 crore in FY2027, a 141 per cent increase.

Puravankara is projected to grow 51 per cent to ₹11,200 crore, while Mahindra Lifespaces could rise 41 per cent to ₹4,800 crore. Sobha is expected to grow 31 per cent to ₹10,600 crore. Rustomjee is projected to reach ₹5,000 crore, up 25 per cent. Brigade Enterprises and Signature Global are both expected to grow 22 per cent, reaching ₹9,000 crore and ₹10,000 crore respectively.

Large players retain scale

Godrej Properties is projected to remain the largest among the 11 developers by pre-sales, with estimated bookings of ₹39,000 crore, up 14 per cent. Prestige Estates is expected to record 18 per cent growth to ₹35,300 crore, while Lodha could grow 17 per cent to ₹24,000 crore. DLF’s pre-sales are projected to remain broadly stable at around ₹20,000 crore, compared with ₹20,100 crore in FY2026. Overall, 10 of the 11 developers are expected to report growth in pre-sales, with nearly half projected to record increases of more than 20 per cent.

The estimates point to a housing market where rising prices are being offset, in part, by demand for larger and higher-value homes. Premium and luxury housing continue to support booking values even as volume growth moderates. Anarock suggests that buyer confidence, new launches and premiumisation could sustain the organised residential sector’s growth in FY2027 despite higher property and construction costs and wider economic uncertainties.

Sales Outlook

• ₹1.82 lakh crore projected FY2027 pre-sales.
  
• 22.3% projected growth over FY2026.
  
• New launches and premiumisation to sustain growth.
  
• Market seeing higher construction costs, wider economic uncertainties.
  
•  Godrej Properties sales seen at ₹39,000 cr.
  
• Prestige Estates sales seen at ₹35,300 cr.