**Leading Indian Developers Target ₹1 Trillion in Residential Sales by FY26**
India’s top four real estate developers—Godrej Properties, Prestige Estates, DLF, and Macrotech Developers—are setting their sights on surpassing ₹1 trillion in residential sales by FY26, marking a significant milestone for branded players in the market. In FY25, these developers collectively achieved sales of approximately ₹85,190 crore. However, residential sales in the top seven cities experienced a slight decline in 2024 compared to 2023, contrary to expectations of reaching new heights. The rise in home prices also contributed to a slowdown in sales during the January-March quarter, with a year-on-year drop of 28% to 93,280 units, and a 10% decrease in launches to 1,00,020 units, according to data from Anarock Property Consultants.
This ambitious goal for record residential sales is supported by a strong pipeline of project launches, existing inventory, and a focus on premium projects that yield higher margins.
**Godrej Properties Sets Ambitious Sales Target**
Among the four developers, Godrej Properties Ltd (GPL) has established the highest sales target of ₹32,500 crore for the current fiscal year. Last year, the company sold 15,000 homes worth ₹29,444 crore, marking the highest sales ever recorded by an Indian real estate firm. While analysts view GPL’s FY26 sales guidance as conservative, Pirojsha Godrej, executive chairperson of Godrej Properties, expressed confidence in the company’s reasonable target. He emphasized the strong demand for reputable brands and the potential for market share growth, stating, “If we can execute well, there is nothing stopping us from increasing market share, and there is a huge growth opportunity in all the markets.”
**Prestige Estates Aims for Recovery**
Prestige Estates Projects Ltd, which fell short of its ₹20,000 crore target last year due to project approval delays, has set a more ambitious goal of ₹27,000 crore for FY26. The Bengaluru-based firm recorded ₹17,023 crore in bookings last year, reflecting a 19% decline year-on-year. However, the company anticipates a significant rebound, supported by a launch pipeline worth ₹42,000 crore and unsold inventory valued at ₹20,000 crore. Prestige chairman and managing director Irfan Razack noted, “The good news is the first quarter of FY26 itself will see sales of almost ₹12,000 crore, so the rest of the year should comfortably meet the remaining sales target.”
**DLF Maintains Steady Sales Projections**
DLF Ltd, recognized as the largest developer in India by market value, has projected flat sales between ₹20,000-22,000 crore for FY26, following a successful FY25 with sales of ₹21,223 crore. Analysts consider DLF’s guidance to be conservative, especially given the strong sales performance at its ‘Dahlias’ project and the expectation that 80% of the new inventory planned for FY26 will be released in the first quarter, which should enhance overall sales for the year.
**Conclusion**
As these leading developers strive to achieve record residential sales, the real estate market in India is poised for significant developments. With a robust pipeline of projects and a focus on premium offerings, the outlook for FY26 appears promising, despite recent challenges in the market.
**FAQ**
**What are the sales targets for India’s leading real estate developers in FY26?**
India’s top developers, including Godrej Properties, Prestige Estates, DLF, and Macrotech Developers, are collectively aiming to exceed ₹1 trillion in residential sales by FY26, with individual targets ranging from ₹20,000 crore to ₹32,500 crore.
