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High base may weigh on developers' Q1 pre-sales
Business Standard
|July 04, 2026
Developers have become selective in launching new projects: Analysts
Top Indian listed real estate developers are expected to report mixed operational performance for the first quarter of 2026-27 (Q1FY27) mainly due to the timing of new project launches, even as the demand for premium housing and branded developers remains resilient.
Analysts estimate that developers who launched new projects during the quarter are likely to report healthy growth in pre-sales. However, companies that relied mostly on sustenance sales may see weaker year-on-year (Y-o-Y) numbers, amid a high base in Q1FY26.
Brokerages expect the June quarter to remain seasonally softer, as developers typically moderate launches during the period. Delayed project approvals, geopolitical uncertainty and a calibrated approach to new supply are also expected to have influenced performance during the quarter.
This story is from the July 04, 2026 edition of Business Standard.
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