Realty firms expect FY25 dream run to continue this fiscal

LEADING PROPERTY DEVELOPERS are confident that the strong momentum in residential sales will persist into FY26, despite turbulent stock markets and economic uncertainty arising from the new US tariffs.

- RAGHAVENDRA KAMATH

Though property consultants reported a dip in overall residential sales in Q4, leading developers such as Godrej Properties, Macrotech Developers (Lodha), and Signature Global recorded all-time high bookings in FY25, driven by robust demand for residential properties. Godrej Properties posted the highest sales in the country by any developer in FY25.

Irfan Razack, chairman and managing director of Prestige Estates Projects, said the residential real estate market continues to see strong demand across categories and regions. "Some of our recent launches in Bengaluru, Hyderabad, and Mumbai in March were very well received. We expect this robust demand to continue into FY26 as well," Razack said.